Job Classification:

Sales - Sales

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

The Contracts Lead Analyst will report to the Director of the Contract Unit and is responsible for ensuring contract compliance for new development and in-force state-filed documents while supporting internal partners and coordinating contract development with cross functional project leads. This includes drafting contract, riders, endorsements, amendments and other state regulated forms, defining requirements and providing oversite and quality checks of contract specialists work.

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:

Draft complex, legally defendable contracts, amendments, endorsements, riders, certificates, agreements and/or bank trust document as necessary.

Draft documents to support changes for in-force business which includes the development of non-standard language.

Define system requirements for contract composition and issuing rules.

Perform regulatory monitoring and identifies regulation changes that impact contract language for new and inforce products

Conduct contract research on inforce block of contracts as needed and provides opinions on contract interpretation and filing strategy used. Coordinates with Regulatory Team to implement changes

Prepare and submits documents to state insurance departments and the Interstate Compact for approval.

Maintain relationships with state regulators.

Coordinate with internal partners to develop technical responses to state department inquiries and may review Contract Specialist’s response prior to submission.

Maintain precise documentation of filing status, state variations, testing status and other documentation as required. Perform a review function and provides technical guidance for documents prepared by contract specialists.

Workflow coordination, responding to regulator questions, training new associates and special projects.

Support an internal mailbox and responds to inquiries within a defined service level of 24hrs.

Perform special projects as assigned to support internal partners which may include special research projects, consolidating contract language, access and/or review competitor filings.

Coordinate comprehensive unit, UAT and post issue validation testing of contract packages.

What you’ll need:

4-7 years’ relevant experience in drafting and the state filing of Annuities or Variable Life Insurance required

Product and Compliance knowledge of the annuity product line of business

Bachelor’s degree or equivalent experience

Strong communication and presentation skills

Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Service, IT, Control and Actuarial functions.

Strength of convictions and ability to influence decisions and champion product administrative or operational changes

Solution oriented with strong problem solving skills with a demonstrated ability to leverage resource materials to support decisions

Must have solid organizational skills with the ability to develop and execute plans

Ability to effectively manage several dissimilar deliverables and prioritize. Ability to work independently, as part of a team or lead a team

Excellent technical financial services product knowledge

Ability to collaborate effectively with multiple levels within the internal organization

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 including 1:1 Career advice, 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.

#LI-RRJ

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 $99,300.00 to $147,700.00. 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.

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.