Senior Planning & Analysis Associate

    • Newark, NJ

The Annuities Planning & Analysis team is responsible for forecasting and analyzing key business measures for both variable and fixed annuities, as well as providing analysis to support the modeling of the financial statements for the annuities business, including cash flow analysis and assets under management. The team is also responsible for providing the monthly financial forecast and analysis to the organization's CFO as well as collaborating with business partners to analyze the expected impacts of new product design and changes in overall business strategy. In addition, the Planning & Analysis team is working to enhance the forecast process and system to ensure that we can meet the corporate requirements to complete multiple forecasts in a compressed time frame.

This position reports to the Manager, Financial Planning & Analysis and will work closely with multiple departments within the Annuities Business and the Corporate Finance areas. Primary Responsibilities include, but are not limited to:

  • Assist with preparation and analysis of the quarterly and/or monthly forecasts of the business metrics and earnings on a GAAP, STAT and Tax basis
  • Develop new forecast analytics to enhance management's understanding of underlying business drivers and changes in overall strategy
  • Collaborate with US Businesses Finance, Investor Relations, and key business partners on a quarterly basis to prepare senior management for potential investor questions in relation to the quarterly earnings release
  • Assist in the development of the monthly finance packages, including variance analysis and explanations of key business drivers, which are shared with both senior management of the business as well as corporate financial management
  • As needed, assist with the monitoring and implementation of LEAP and other Annuities specific growth initiatives and sizing the impact to the Annuities forecast
  • Partner closely with the actuarial and systems teams to drive enhancements in the forecasting and analysis processes to reduce the time required to complete forecasts while improving the accuracy
  • Support the Deterministic Projection Capabilities Program (DPC) efforts for the Annuities P&A team
  • Coordinate ad-hoc strategic projects and presentations as required by management

  • Minimum 3 years progressive accounting, financial reporting and analysis experience
  • Bachelor's degree with a major in finance, accounting or related field
  • Ability to manage multiple responsibilities under tight time frames
  • Highly motivated, team player that is detail oriented
  • P roficient PC skills are required (Microsoft Excel, Word, Powerpoint)
  • Knowledge of GAAP and Statutory accounting for financial service firms preferred
  • Strong analytical & organizational skills, with close attention to detail
  • Strong communication and interpersonal skills
  • Familiarity with the Prudential systems is a plus
  • Overtime may be needed during peak periods

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