Job Classification:
Investment Management - Investments
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, 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 nearly 150 years. For more information, please visit news.prudential.com.
Are you looking for a career that helps you apply your love of capital markets, data analysis, and investments to inform business strategy and work with diverse teams on challenging projects? Are you interested in being a part of an exciting program that is focused on developing technical and professional skills while collaborating alongside leaders in the investment community? If you are results driven, have a passion for working with numbers, and are deeply technical and highly innovative, then Prudential's Chief Investment Office (CIO) Analyst Program is the role for you!
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The Chief Investment Office (CIO) is a major strategic partner to many other departments across the enterprise and relies upon a collaborative culture to effectively create both micro and macro solutions to the most interesting challenges at Prudential. With over $400 billion in assets under management as of 12/31/2022, the CIO is responsible for asset/liability (ALM) management, interest rate risk management, oversight and reporting on product investment margin performance and related hedge management activities. The CIO controls the management of the investment portfolios of Prudential's General Accounts through its Alternative Assets Group and Global Hedge Management team within Prudential Select Strategies LLC, an SEC registered investment adviser, and its U.S. and International Portfolio groups, and Global Investment Strategy team.
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.
Your Day to Day:
The CIO Analyst Program is a three-year, entry-level role within the Chief Investment Office. Our program provides exposure to multiple pockets of a dynamic organization while creating the opportunity for success and recognition through substantial and long-term business impact.
International Portfolio Management (IPM) - (IPM) is the portfolio manager responsible for managing Prudential's proprietary international investment portfolios. IPM develops asset-liability management-oriented portfolio strategies that include target levels of interest rate exposure and asset allocation among various public and private fixed income sectors and alternative assets. IPM implement these portfolio strategies by selecting, directing, and overseeing asset managers with scale and demonstrated expertise in the management of specific asset classes.
What you'll need:
• Preferred majors include mathematics, engineering, economics, computer science, finance, actuarial sciences, or a similarly quantitative subject area.
• Minimum 3.0 GPA recommended
It's be a plus if you had:
• Strong written, oral communication, and interpersonal skills
• Advanced proficiency in Excel
• Excellent leadership and interpersonal skills
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
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
- Retirement plans:
- 401(k) plan with company match (up to 4%)
- Company-funded pension plan
- Wellness Programs to help you achieve your wellbeing goals, 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.
- Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
- 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.
To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
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 $80,000 to $85,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.
#LI-hybrid
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
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.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.