Director, Contracts in Iselin, New Jersey | DiversityInc Careers
 

Director, Contracts

About the position

Prudential Retirement delivers retirement plan solutions for public, private and non-profit organizations and is an industry leader in the Stable Value, Pension Risk Transfer, Structured Settlements, and Full-Service businesses. The Prudential Retirement Contracts Team supports business lines across Prudential Retirement and PGIM. We provide exceptional customer service, quality work product and creative business solutions to support our business partners in helping customers achieve financial security.

This position may currently be located in Woodbridge, New Jersey, or Scranton, Pennsylvania.

The Director will be responsible for performing the following functions: (1) collaborate with business partners on product development; (2) draft, issue and review complex contracts, amendments, riders and other agreements in support of new and in-force business; (3) prepare and file contractual and supporting documents with the Departments of Insurance; (4) address contract interpretation questions; (5) perform ad hoc regulatory research; (6) provide technical guidance to junior associates; (7) draft procedures; and (8) participate in research, technology and related projects.

The Director must be a strong leader who is able to work closely with Contracts associates and business partners in product, law, compliance and risk to ensure the products and services are provided to our customers with the highest quality and in a timely manner. The Director must also work across business lines to help our internal and external clients reach their respective goals, and do so in a positive way. The Director must also have a strong interest in developing talent.

Qualifications
  • Bachelor’s degree required
  • JD or MBA highly preferred
  • Minimum of 5-8 years of experience drafting documents and addressing regulatory, risk and/or compliance related issues required
  • Knowledge of retirement products, specifically Pension Risk Transfer and Defined Benefits, and investments a plus
  • Strong leadership, relationship management, negotiation and written and verbal communication skills required
  • Project management experience a plus
  • Must be detail oriented with solid analytical and decision-making skills
  • Ability to multi-task and prioritize in a fast-paced environment and deliver within tight time frames
  • Must be able to work independently and as a team member
  • Willingness to be flexible with schedule during peak periods of high volume work

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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.