Job Classification:Investment Management - InvestmentsPruBenefit Funding (PBF) is a leader in the creation of innovative funding solutions for employers who seek to offset the cost of providing comprehensive and affordable employee benefits. With offices in Newark, New Jersey and Minneapolis, Minnesota, PBF offers customized life insurance products to corporations (COLI), banks (BOLI) and trusts (TOLI). Our team consists of approximately thirty professionals with expertise in product development, actuarial science, law, investments, and contract administration. Prudential has established itself as one of the most experienced insurance carriers in this business since entering the market in 1989. PBF currently manages over $26 billion in COLI/BOLI/TOLI assets.The Investment Analyst will report to the Director of Investment Research. **The position will be hybrid located in the Newark, NJ office.**
The incumbent will assist members of the Investment Oversight Team which is focused on maintaining PBF's investment platform of registered and unregistered insurance separate account strategies.**Responsibilities include but are not limited to:*** Assist in conducting due diligence on new and existing investment managers and investment strategies,* Developing an understanding of investment guidelines and ongoing maintenance of guidelines,* Monitoring investment performance,* Monitoring compliance with investment guidelines and IRC Section 817(h) diversification requirements,* Facilitating quarterly portfolio reviews with clients and internal committees,* Developing an understanding of stable value documents and assist in the oversight of various triggers. Regular communication with internal and external wrap providers,* Facilitating regulatory reporting requirements such as Form ADV, Form PF, and NFA Fillings,* Reviewing BASEL III reporting for bank clients,* Assisting in PBF’s separate account fillings,* Assisting with investment-related reporting and communications for clients, brokers and investment managers.The work of this team is integral to PBF's product development and new business efforts. The incumbent will be relied upon to assist in investment related regulatory issues and will have frequent interaction with investment managers, insurance producers, and clients. The successful candidate must be highly articulate and possess excellent written communication skills.
**Qualifications:*** Bachelor's degree in finance or other related business discipline is required.* Series 6, Series 63 and/or Health and Life Insurance License desired ,or ability to obtain.* Minimum 2 years' experience in investments, life insurance, or another related role is required.* Basic understanding of separately managed accounts, mutual funds and alternative investments is preferred.* Demonstrated ability to grasp complex concepts and employ financial knowledge and investment related skills.* Demonstrated ability to work cross-functionally to achieve goals.* Excellent verbal and written communication skills.* Willing and able to travel as needed.* Proficiency in MS excel required.# **What we offer you:**# Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $76,000.00 to $125,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.* **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.*** 401(k) plan with company match (up to 4%).* Company-funded pension plan.* **Wellness Programs**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.* **Education Benefit** to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.* **Employee Stock Purchase Plan:** **Shares** can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.**Our Commitment to an Inclusive Workplace**Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal #J-18808-Ljbffr
The incumbent will assist members of the Investment Oversight Team which is focused on maintaining PBF's investment platform of registered and unregistered insurance separate account strategies.**Responsibilities include but are not limited to:*** Assist in conducting due diligence on new and existing investment managers and investment strategies,* Developing an understanding of investment guidelines and ongoing maintenance of guidelines,* Monitoring investment performance,* Monitoring compliance with investment guidelines and IRC Section 817(h) diversification requirements,* Facilitating quarterly portfolio reviews with clients and internal committees,* Developing an understanding of stable value documents and assist in the oversight of various triggers. Regular communication with internal and external wrap providers,* Facilitating regulatory reporting requirements such as Form ADV, Form PF, and NFA Fillings,* Reviewing BASEL III reporting for bank clients,* Assisting in PBF’s separate account fillings,* Assisting with investment-related reporting and communications for clients, brokers and investment managers.The work of this team is integral to PBF's product development and new business efforts. The incumbent will be relied upon to assist in investment related regulatory issues and will have frequent interaction with investment managers, insurance producers, and clients. The successful candidate must be highly articulate and possess excellent written communication skills.
**Qualifications:*** Bachelor's degree in finance or other related business discipline is required.* Series 6, Series 63 and/or Health and Life Insurance License desired ,or ability to obtain.* Minimum 2 years' experience in investments, life insurance, or another related role is required.* Basic understanding of separately managed accounts, mutual funds and alternative investments is preferred.* Demonstrated ability to grasp complex concepts and employ financial knowledge and investment related skills.* Demonstrated ability to work cross-functionally to achieve goals.* Excellent verbal and written communication skills.* Willing and able to travel as needed.* Proficiency in MS excel required.# **What we offer you:**# Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $76,000.00 to $125,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.* **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.*** 401(k) plan with company match (up to 4%).* Company-funded pension plan.* **Wellness Programs**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.* **Education Benefit** to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.* **Employee Stock Purchase Plan:** **Shares** can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com.**Our Commitment to an Inclusive Workplace**Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal #J-18808-Ljbffr