Prudential Annuities Distributors (PAD)
Senior Investment Associate, Portfolio Management
Prudential Annuities Distributors (PAD), Newark, New Jersey, us, 07175
* Collaborate with a team that includes representatives from the investment staff of our foreign-domiciled insurance businesses in with creating asset liability management-focused investment policies and portfolio strategies.* Support the development and implementation of annual investment plans, and periodic updates of those plans.* Design and develop reports that provide critical information to senior management related to our investments and the performance of those investments.* Support the development of appropriate investment strategies for each portfolio.* Act as a liaison between GPM and local teams.* Collaborate with local investment teams on portfolio management topics:
o Asset/liability management and portfolio construction
o Analytic and implementation support for new investment initiatives, transactions and product development initiatives
o Monitoring, reviewing, and selection of new asset managers
o Follow market developments and understand how they impact the portfolio and strategy
o Research relative value opportunities from a qualitative and quantitative perspective* Prepare senior management presentations related to the investment portfolio and key initiatives* Analyze positions and ALM positioning for our USD, JPY and AUD portfolios (along with smaller portfolios in other currencies).* Evaluate new asset classes and opportunities to enhance portfolio performance and diversification.* Lead and coordinate with local investment teams, Finance, Actuarial, Risk Management, Operations/ Systems, and other stakeholders in the development of portfolio analytics and reporting capabilities.* Provide technical advice and support to local investment officers on portfolio management/investment issues.* Evaluate product hedging requirements and related pricing considerations.* Build quantitative analytic and reporting capabilities* Facilitate and support an appropriate governance process and streamlined communication in all investment-related matters back to Prudential* Support, facilitate and influence our Joint Ventures partners to establish an appropriate governance framework aligned with Prudential Operating Principles, including IPS and local Investment Committees.* Represent GPM in portfolio performance review meetings, asset manager discussions, portfolio strategy meetings, and meetings focused on asset liability management. Due to time zone differences, meetings may be held in early morning or in the evening. Collaborate with affiliated and unaffiliated asset managers to understand market conditions, trends, and opportunities.* Coordinate foreign currency and other portfolio transactions and risk-hedging positions on behalf of our major international insurance operations.* Partner with other International Insurance functional representatives and corporate partners (e.g., Enterprise Risk Management, Corporate Actuarial, Treasury, and Finance) in addressing issues impacting Japan Operations portfolios.* Other duties as assigned.* 7+ years of portfolio management or investment analysis experience within a financial services organization.* A BS/BA degree (or demonstrated proficiency) in a highly quantitative field such as statistics, mathematics, business, engineering, economics, computer science, finance, accounting or a similar quantitative subject area Ability to contribute to projects and initiatives as a team member, leader, or subject matter expert* A motivated, confident, curious personality and a desire to be challenged.* The ability to work well both individually and as part of a team.* Understanding of both US capital markets and global markets.* Ability to work in a fast-paced environment while working on multiple responsibilities.* High level of technical skills; including ability to develop complex data models in Excel and exposure to computer programming (Python, R, Excel, Power BI, Tableau).* Strong interpersonal skills, clear communication skills, team orientation, and the desire and ability to work with business partners of different national, cultural, and language backgrounds.* Knowledge of insurance liabilities.* Business-level proficiency in Japanese.**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.
Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. 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. #J-18808-Ljbffr
o Asset/liability management and portfolio construction
o Analytic and implementation support for new investment initiatives, transactions and product development initiatives
o Monitoring, reviewing, and selection of new asset managers
o Follow market developments and understand how they impact the portfolio and strategy
o Research relative value opportunities from a qualitative and quantitative perspective* Prepare senior management presentations related to the investment portfolio and key initiatives* Analyze positions and ALM positioning for our USD, JPY and AUD portfolios (along with smaller portfolios in other currencies).* Evaluate new asset classes and opportunities to enhance portfolio performance and diversification.* Lead and coordinate with local investment teams, Finance, Actuarial, Risk Management, Operations/ Systems, and other stakeholders in the development of portfolio analytics and reporting capabilities.* Provide technical advice and support to local investment officers on portfolio management/investment issues.* Evaluate product hedging requirements and related pricing considerations.* Build quantitative analytic and reporting capabilities* Facilitate and support an appropriate governance process and streamlined communication in all investment-related matters back to Prudential* Support, facilitate and influence our Joint Ventures partners to establish an appropriate governance framework aligned with Prudential Operating Principles, including IPS and local Investment Committees.* Represent GPM in portfolio performance review meetings, asset manager discussions, portfolio strategy meetings, and meetings focused on asset liability management. Due to time zone differences, meetings may be held in early morning or in the evening. Collaborate with affiliated and unaffiliated asset managers to understand market conditions, trends, and opportunities.* Coordinate foreign currency and other portfolio transactions and risk-hedging positions on behalf of our major international insurance operations.* Partner with other International Insurance functional representatives and corporate partners (e.g., Enterprise Risk Management, Corporate Actuarial, Treasury, and Finance) in addressing issues impacting Japan Operations portfolios.* Other duties as assigned.* 7+ years of portfolio management or investment analysis experience within a financial services organization.* A BS/BA degree (or demonstrated proficiency) in a highly quantitative field such as statistics, mathematics, business, engineering, economics, computer science, finance, accounting or a similar quantitative subject area Ability to contribute to projects and initiatives as a team member, leader, or subject matter expert* A motivated, confident, curious personality and a desire to be challenged.* The ability to work well both individually and as part of a team.* Understanding of both US capital markets and global markets.* Ability to work in a fast-paced environment while working on multiple responsibilities.* High level of technical skills; including ability to develop complex data models in Excel and exposure to computer programming (Python, R, Excel, Power BI, Tableau).* Strong interpersonal skills, clear communication skills, team orientation, and the desire and ability to work with business partners of different national, cultural, and language backgrounds.* Knowledge of insurance liabilities.* Business-level proficiency in Japanese.**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.
Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. 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. #J-18808-Ljbffr