Manager, Financial Reporting - Statutory Reporting

Statutory Reporting Manager

Are you able to work in a fast-paced and challenging environment while meeting deadlines? Our Statutory Reporting unit, which is part of the External Reporting Team, has an opportunity for a Manager. As part of the Corporate Controllers Department, the External Reporting Team supports GAAP financial reporting for PFI and the non-accelerated filers (Pruco's) and Statutory financial reporting on behalf of its insurance subsidiaries, various regulatory filing submissions, and internal and external audit support.

This Manager is responsible for coordination, production, analysis, and review of the Statutory financial statements, and regulatory deliverables, for Prudential's domestic insurance companies, in compliance with state insurance department and National Association of Insurance Commissioners (NAIC) requirements. The team partners with Business Unit Finance and Operational areas, Actuarial, as well as other Corporate business partners.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a recurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect :

• Manage the production and preparation of quarterly and annual statutory financial statements, which are filed with state insurance departments and the NAIC. This includes compliance with all disclosure requirements and maintaining adequate reporting controls.
• Oversight and preparation of quarterly Statutory Results packages for senior management in conjunction with Corporate Management Reporting 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.
• Oversight of the preparation of various disclosures, supplemental exhibits and schedules for domestic Captive Insurers which are filed annually with the Arizona Department of Insurance.
• Provide guidance on matters related to Statements of Statutory Accounting Principles (SSAP's) and NAIC instructions for business partners across the Enterprise.
• Implement and monitor key controls for the Corporate Stat Reporting process, as part of the Company's Management's 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.

What you'll need :

It'd be a plus if you had :

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 $118,700.00 to $176,600.00. 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. 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.