Financial Reporting Specialist

2 days ago

Newark, New Jersey, United States Prudential Ins Co of America Full time
Job Summary

We are seeking a highly skilled Financial Reporting Specialist to join our External Reporting Team at Prudential Ins Co of America. As a key member of our team, you will be responsible for coordinating and producing statutory financial statements, regulatory deliverables, and internal and external audit support.

Key Responsibilities
  • Support the production and preparation of quarterly and annual statutory financial statements, which are filed with state insurance departments and the NAIC.
  • Preparation of quarterly Statutory Results packages for senior management in conjunction with Corporate Planning and Analysis and Business Unit Finance teams.
  • Facilitate the end-to-end Statutory audited financial statement process with external auditors and provide supporting analytics for senior management in advance of presentation of Statutory results to the Audit Committee.
  • Partner with Treasurers and Legal in support of the PICA funding agreement note issuance program (FANIP), including coordination of Statutory financial statements, required disclosures and Management Discussion & Analysis.
  • Review and/or preparation of various disclosures, state filings, supplemental exhibits and schedules for domestic Captive Insurers which are filed annually with the Arizona Department of Insurance.
  • Assist in researching matters related to Statements of Statutory Accounting Principles (SSAPs) and NAIC instructions for business partners across the Enterprise.
  • Monitor key controls for the Corporate Stat Reporting process, as part of the Company's Management Report on internal controls per the NAIC's Model Audit Rule requirement.
  • Support special projects designed to improve the efficiency of the financial reporting process. Oversee the preparation, analysis, and submission of ad-hoc requests from senior management and other business partners.
Requirements
  • Four-year college degree required in either accounting or finance
  • Three to five years of experience in accounting and financial reporting in a large financial services company, preferably an insurance company
  • Strong interpersonal skills and excellent written and verbal communication skills
  • Strong analytical skills, including the ability to pay close attention to details
  • Strong working knowledge of Microsoft Word and Excel
  • Overtime is required during peak periods
Preferred Qualifications
  • Statutory accounting and reporting experience a plus
  • Understanding of Oracle General Ledger System or Wings a strong plus
  • MBA and/or CPA a plus
About Prudential

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the world's leading financial services institutions.

We offer a suite of services such as on-demand resources and networking to propel your career forward. We are a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo, and take sensible risks along the way.

You will enjoy pushing boundaries as we build innovative technology that helps clients, customers, and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction.

We will help you do your best work, offering flexibility, while delivering on our Purpose.

What We Offer
  • Market competitive base salaries, with a yearly bonus potential at every level
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave
Retirement Plans
  • 401(k) plan with company match (up to 4%)
  • Company-funded pension plan
  • Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development
  • Tuition Assistance to help finance traditional education expenses

Prudential is an Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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