Corporate Strategy Associate, Business Development

Reposted 4 Days Ago
Be an Early Applicant
Newark, NJ
In-Office
119K-177K Annually
Junior
Financial Services
The Role
The Corporate Strategy Associate will drive strategy development and project management for new business opportunities, supporting critical initiatives and collaborating across the organization.
Summary Generated by Built In

Job Classification:

Project Mgmt, Transformation & Strategy - Project Mgmt, Transformation & Strategy

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!

Reporting to the Head of Strategic Business and Relationship Development, you will be driving strategy development efforts focusing on new transactional opportunities for Prudential. The role will focus on strategic opportunity development and project management across the organization in close partnership with Business Units and Corporate Development. The role spans the global enterprise and all its areas of business.

The current EWA 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:

  • Develop and maintain approaches for evaluating opportunities for Pru’s business development including but not limited to: Acquisitions, Minority Stake Investments, Partnership Agreements, Investment Management Agreements, and Strategic Reinsurance
  • Supporting critical initiatives including execution of specific projects at the direction of the senior leadership team, synthesizing insights, and recommendations into presentations to clearly communicate findings to business unit leaders and working closely with subject matter experts across departments and within the corporate strategy team.
  • Developing cross-functional relationships across the enterprise to gather inputs and assumptions to develop a viewpoint that will ultimately influence strategic development and direction.
  • Identify changes in competitive landscape, market conditions, industry trends, regulatory environment, regional or country macro-economic factors, etc. which may require changes to strategic plans.
  • Be a role model, educator, coach, and mentor across the wider organization.

What you’ll need:

  • 2+ years in financial services, preferably investment banking, or in corporate development/business development roles with a deep understanding of the financial services business.
  • Bachelor’s degree
  • Outstanding strategic and quantitative skills to draw key insights and develop clear recommendations.
  • Attention to detail with ability to dive into new topics and quickly absorb and distill large amounts of complex/detailed information into a readily digestible work product.

It’d be a plus if you had:

  • Superior communication and stakeholder management skills, with the ability to effectively collaborate with diverse teams and influence decision-making at all levels of the organization.
  • Curiosity and drive with an innovative mindset.

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 $118,700.00 to $176,600.00. 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 [email protected]. 

 

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

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The Company
Chicago, IL
3,593 Employees

What We Do

PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients.

The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives.

In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact.

*Prudential Financial, Inc. 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.

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