Investment Operations Associate (Hybrid)

Job Classification: Investment Management - Investment Operations The Separate Accounts Operations department, a division of Enabling Solutions, is responsible for daily operations such as cash trading, product pricing, and performance reporting supporting the individual life and annuity separate accounts. In addition, the department oversees the production of monthly reports, investment accounting, and the operational relationships with various fund managers. The current EWA for this position is Hybrid (Newark) and requires your on-site presence on a reoccurring basis as determined by your business. The primary responsibilities of the role are as follows: Participate in systems testing for new marketing initiatives (such as new product or fund additions) as they relate to our Pricing and Trading processes. This includes checking the setup of new codes on our UVT System, verifying inbound and outbound test feeds, and performing mock operational cycles. System maintenance such as performing unit value corrections and updating funds due to name changes. Price and Trade processes oversight. Monitor pricing and trading activity to ensure accurate execution of the processes. Research and resolve issues to ensure unit values are correct and Separate Account assets are aligned with Contract Holder Liabilities. Confirm trades, cash settlements, and complete daily reconciliations Perform month-end close responsibilities. This entails ensuring the production and accuracy of all reports, preparing proofs and reconciliations, and distributing asset and contract holder activity information to our internal customers. Perform year-end close responsibilities. Participate in various projects related to process efficiencies and improvements. Various ad-hoc requests for data residing in our UVT System. Maintain contacts and relationships with various fund managers to facilitate the successful execution of daily operations. Support of audit inquiries from Internal Audit, PwC, and D&T on operational tasks and responsibilities. Qualifications: Bachelors Degree in a business curriculum, such as Accounting, Finance, etc. required Must be able to perform both financial reporting and operations roles Proficient with Microsoft Excel - prior experience with Macros and Lookups is desired Ability to work both independently and as part of a team Strong analytical, organizational, and problem-solving skills Strong interpersonal, communication, and partnering skills Self-motivated, innovative, and proactive Overtime is required during peak reporting periods and for operations related initiatives or issues Additional Information: This position will work virtually on occasion, therefore new hires must be able to provide the following: Subscribe to internet service provider plan with at least 25 Mbps download speeds. You must be willing to troubleshoot any issues or outages with your home internet service, contacting your service provider as necessary. Wired Ethernet (connected into router or Wi-Fi extender or MESH), NOT connecting computer over Wi-Fi. Use of USB wired headset with a noise cancellation feature (required for all CSPs, optimal for all other roles) Must have the capability to handle calls with a cell phone (would need to have unlimited data and minutes) or a landline. Your personal phone number will not be identified to customers. Quiet area in your home with minimal distractions and noise free. Reliability and Dependability throughout our extensive training program is required #LI-MG1 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 $51,200.00 to $76,200.00. 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 Work Life Balance | Prudential Careers. 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. Prudentials diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudentials 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 dont just accept differencewe 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, PGIMs 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 place of business in the United States. 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. 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 dont just accept differencewe 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.