Associate Manager, Financial Reporting

Job Classification: Finance & Accounting - Finance & Accounting Prudential Financials Inc.’s (PFI) Open Architecture Solutions (OAS) team is seeking a skilled and highly motivated individual to fill an Associate Manager, Controller role for Gibraltar Reinsurance Company Ltd. (Gib Re) based in the U.S. and reporting to the OAS Director, Controller. This position will coordinate and support many of the controllership and financial reporting activities for Gib Re, a Bermuda based affiliated reinsurance company. The Associate Manager will assist with all reporting and analysis requirements, including quarterly and annual results reporting on a PFI consolidated basis and local stand-alone entity regulatory reporting basis. This includes reporting on a U.S. GAAP, Local Bermuda Statutory, and Economic Balance Sheet basis. The successful candidate will also assist with other activities including accounting policy, coordination of external audit requirements, and supporting unique reinsurance transactions and capital management initiatives. Bermuda’s reporting frameworks are principles based and will have similarities to U.S. GAAP Fair Value and other international frameworks. The position offers the opportunity to gain a broad set of experiences across a range of finance subject areas, and to collaborate across finance and non-finance teams, including Actuarial, CIO, ALM, Investment Ops, and several corporate areas (Controllers, Tax). The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring 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: Support the preparation of timely management reporting and analysis to meet needs of Bermuda management team / local board, as well as internal PFI stakeholders. Detail key business earnings drivers, including underwriting results, investment results, expense drivers, and taxes. Support the actuals reporting for Gib Re standalone US GAAP financials, statutory financials, and Economic Balance Sheet (EBS). Work closely with Financial Services Organization (FSO) teams to complete the quarterly close process and support annual U.S. GAAP and Bermuda Statutory audit requirements. Support production of quarterly and annual Bermuda solvency return / regulatory reporting requirements for Gib Re, including the Capital and Solvency Return (CSR), which contains the Bermuda Solvency Capital Requirement (BSCR) and associated schedules. Research technical accounting and reporting issues as they arise. Support the preparation of accounting policy documentation, including for capital management projects, unique reinsurance transactions, and new accounting guidelines. Support the control activities for related processes. What you’ll need: Undergraduate degree in Accounting, Finance, Economics, Actuarial Science, or business-related field with 3 years of accounting and financial reporting experience. Advanced proficiency in MS Office suite, especially Excel skills for data analysis including PivotTables, using INDEX MATCH functions, creating charts and forecasts, and using trending tools. Strong understanding of US GAAP and/or Statutory accounting and reporting. Attention to detail and demonstrated analytical skills with the ability to identify interrelationships among components of financial information and to understand and document key drivers of earnings and significant financial trends. Excellent oral and written communications skills with the ability to break down sophisticated financial or actuarial concepts and communicate them to all levels of management. It’d be a plus if you have: Advanced degree, MBA, or CPA. Understanding and proven experience with life insurance accounting and actuarial concepts. Strong working knowledge of Oracle, SQB, FDW, Web ADI templates and how to develop journal entries. Innovation mindset with the willingness to challenge the status quo. Prior experience and familiarity with Bermuda Solvency Capital Requirement and/or Solvency II frameworks as it applies to long-term reinsurance operations. 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 $92,400.00 to $137,400.00. 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 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. 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 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 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.

Salary : $1,600