Investment Associate

Prudential Financial, Inc. is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com UNIT DESCRIPTION The Treasurer's Department of Prudential Financial (Prudential) has an opening in its Corporate Finance Group (CFG). CFG is primarily responsible for the development of financial policy for the Company, including policies governing capital management, liquidity and borrowing for Prudential Financial, Inc. and its subsidiaries. CFG plays a major role in the development and implementation of legal entity and Company-wide capital and financing plans. These plans are developed in partnership with the business groups and the other financial management disciplines, and are tailored in such a way as to allow the businesses units to achieve their objectives in the context of the company's overall risk, regulatory and ratings objectives. JOB DESCRIPTION The individual will support the Vice President and the Senior Associate (Director) of Capital Management (including Required Equity and Economic Capital), Rating Agencies and Competitor Analysis within the Treasurer's Corporate Finance Group. Required Equity is the process by which the Company currently allocates capital to each of its businesses. The responsibilities of the individual will include supporting the following functions: * Coordination, analysis and enhancement of the Capital Management forecasting and reporting processes. * Coordination of information for the Rating Agencies including periodic review of rating agency models, preparation of materials for annual reviews, quarterly calls and meetings, and responding to data requests from the Rating Agencies. * Manage inventory of Guarantees & Support Agreements and perform various analysis relating to Prudential's potential exposure and potential capital charges * Assist with the assembly and review process of the Annual Capital Plan * Conduct analysis of financial statements & strategies for key competitors. * Provide support for other requests from senior management as needed. The Treasurer's Department of Prudential Financial (Prudential) has an opening in its Corporate Finance Group (CFG). CFG is primarily responsible for the development of financial policy for the Company, including policies governing capital management, liquidity and borrowing for Prudential Financial, Inc. and its subsidiaries. CFG plays a major role in the development and implementation of legal entity and Company-wide capital and financing plans. These plans are developed in partnership with the business groups and the other financial management disciplines, and are tailored in such a way as to allow the businesses units to achieve their objectives in the context of the company's overall risk, regulatory and ratings objectives. JOB DESCRIPTION The individual will support the Vice President and the Senior Associate (Director) of Capital Management (including Required Equity and Economic Capital), Rating Agencies and Competitor Analysis within the Treasurer's Corporate Finance Group. Required Equity is the process by which the Company currently allocates capital to each of its businesses. The responsibilities of the individual will include supporting the following functions: * Coordination, analysis and enhancement of the Capital Management forecasting and reporting processes. * Coordination of information for the Rating Agencies including periodic review of rating agency models, preparation of materials for annual reviews, quarterly calls and meetings, and responding to data requests from the Rating Agencies. * Manage inventory of Guarantees & Support Agreements and perform various analysis relating to Prudential's potential exposure and potential capital charges * Assist with the assembly and review process of the Annual Capital Plan * Conduct analysis of financial statements & strategies for key competitors. * Provide support for other requests from senior management as needed." name=2#./JobPosInfoId/JobPosDescri QUALIFICATIONS * At least 5 years work experience in finance and/or accounting. Credit research experience a plus. * Exceptional modeling skills are required. * Strong quantitative, financial analysis and analytical skills. * Familiarity with statutory accounting principals desirable. * Ability to multi-task in a dynamic environment. * Team player, but ability to be productive independently. * Solid interpersonal and communications skills and ability to interact with all levels of senior management. * At least 5 years work experience in finance and/or accounting. Credit research experience a plus. * Exceptional modeling skills are required. * Strong quantitative, financial analysis and analytical skills. * Familiarity with statutory accounting principals desirable. * Ability to multi-task in a dynamic environment. * Team player, but ability to be productive independently. * Solid interpersonal and communications skills and ability to interact with all levels of senior management." name=2#./JobPosInfoId/JobRequirement The Prudential Insurance Company of America and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce. Prudential is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. Regardless of past practice, all resumes submitted by search firms to any employee at Prudential via-email, the Internet or directly to hiring managers at Prudential in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential, and no fee will be paid in the event the candidate is hired by Prudential as a result of the referral or through other means. Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. For this reason, Prudential has established and regularly maintains a preferred vendor list. Please note that even preferred vendors need to have a written search agreement signed by the Director, Recruiting Programs, Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.