What are the responsibilities and job description for the PGIM Private Alternatives - Vice President, Business Development position at Prudential Ins Co of America in?
PGIM Private Alternatives - Vice President, Business Development (Finance)
Job Classification : Investment Management - Investments
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world's leading global asset managers! If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today. At PGIM, You Can!
What you will do
We are seeking a driven Institutional Sales professional to join our Business Development team at PGIM Private Alternatives as a Vice President. Reporting to the Regional Head, this role involves supporting and executing business development activities targeting institutional investors across the U.S. West and Mountain West regions. This position offers the opportunity to impact our organization significantly by leveraging your expertise in private market investments. PGIM Private Alternatives manages over $300 billion in private alternatives strategies across real estate, private credit, private equity secondaries, agriculture and infrastructure.
Location : In-region with a strong preference for San Francisco or Los Angeles
What you can expect
- Work closely with the head of the U.S. West and Mountain West region to create and execute a business plan to target institutional clients and consultants, resulting in successful achievement of capital raising goals.
- Develop and implement targeted outreach programs to engage with prospective clients and consultants on priority strategies.
- Actively participate in existing client meetings and prospect sales pitches; oversee due diligence and client onboarding process.
- Maintain consultative discussions with clients, acting as a strategic advisor and communicating PGIM's product offerings.
- Collaborate with investment professionals to provide insights from investor discussions and contribute to product development.
- Maintain and manage client communication databases.
- Partner with Investor Services team to oversee the distribution of client communications and portfolio reports to clients and prospects.
- Contribute to the development and production of client materials, including but not limited to pitch books, RFPs and RFIs as well as the coordination of client events.
- Assist with a variety of special projects.
What you will bring
What will set you apart?
Note
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 $165,000 to $225,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
About PGIM Private Alternatives PGIM Private Alternatives manages $319 billion gross AUM / AUA in private alternatives strategies across private credit, real estate, agriculture, sustainable investing, infrastructure, and private equity. These strategies are managed by PGIM Real Estate (est. 1970), PGIM Private Capital (est. 1925) and Montana Capital Partners (est. 2011).
Through our investment, financing, asset management and talent management approach, we engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. When you join our team, you will find yourself inspired by an inclusive company culture that believes that diversity of all kinds allows us to develop better and more innovative solutions for our clients.
What we offer you :
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.
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Salary : $165,000 - $225,000
