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Senior Associate, Investment Operations
Prudential Securities
Moosic, PA, United States
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Description
The Investment Operations Associate performs a variety of administrative duties, within the Funding Administration Department. The department is primarily responsible for critical data support on the insurance administration. Responsibilities related to insurance administration include administration of insurance plans such as informal nonqualified plan funding, Split Dollar, Executive Life, BOLI, and Income Disability. Daily Policy administrative tasks include premium billings, rebalancing of asset subaccounts, delivery of policy reporting and other ad-hoc analysis. New case implementation with other departments, insurance carriers and trusts is also a responsibility of the Associate.
Qualifications
• Minimum of one year of practical work experience, preferably in financial services
• Basic financial acumen with strong math skills
• Undergraduate degree in related field and/or relevant experience
• Knowledge of life insurance, finance, accounting, financial modeling or other technically oriented benefits-related field is preferred
• Ability to anticipate needs and take effective action
• Detail oriented, analytical self-starter with a motivation to expand knowledge, skills and responsibility
• Experience in and knowledge of Excel, or other spreadsheet/database applications and Microsoft Word is preferred
• Ability to manage and prioritize projects and take an active role in problem solving/decision making
• Ability to meet deadlines and work both independently and as a team member.
• Excellent verbal and written communication skills
• Utilizes reasoning ability to define problems, collect data, establish facts and draw conclusions
• FINRA Series 6 & 63 and state insurance license required within 120 days of hire
The ideal candidate should:
• Be excited about working within an environment of ambiguity
• Be data driven, analytical and enjoy working with numbers
• Have courage to take intelligent risks
• Have been told multiple times by multiple different people that they can think outside of the box
• Enjoy the challenge of working in a complicated, ever-changing and fast-moving environment
Location: Scranton, PA