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VP, Corporate Counsel, Investment & Pension Solutions

Prudential Financial
$210,700- $285,100
Posted Jul 09
Full Time
Newark, New Jersey

Job Classification

Corporate - Legal and Compliance

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 Prudential Retirement Strategies Legal Team is part of the US Business Law Group of Prudential’s Law Department. We are seeking a highly talented, business savvy and experienced transaction lawyer to join the legal team within Retirement Strategies Law that supports Retirement Strategies’ Investment & Pension Solutions (IPS) group and supports reinsurance matters more broadly across Prudential’s domestic and international businesses. IPS offers, among other things, domestic and international pension risk transfer products.

Members of the Retirement Strategies legal team are part of Prudential’s global Law, Compliance, Business Ethics and External Affairs (LCBE) organization. Associates of LCBE work together to assure that Prudential's products, services and operating practices adhere to relevant laws and regulations, as well as to Company policies and business standards. Team members can expect to quickly develop strong collaborative relationships with key PRT and Prudential Retirement Strategies business leaders, as well as leaders focused on reinsurance more broadly, and to regularly interact with some of the top US and international law firms.

The current employee work arrangement for this position is Hybrid and requires your on-site presence in Newark, NJ eight days monthly on average.

What You Can Expect

  • Providing focused, technically sound and pragmatic legal support to the Investment & Pensions Solutions group, including with respect to U.S. pension risk transfer transactions and the reinsurance of international pension risk transfers (“PRT”) involving domestic and global defined benefit plans, including negotiation and drafting of agreements.
  • Providing legal support for all aspects of life company reinsurance transactions, with affiliates, captives and unaffiliated counterparties, including negotiation and documentation of treaties and related agreements.
  • Regulatory matters, including contacts with state regulators.
  • Representing Prudential in industry committees and groups.

What You’ll Need

  • Juris Doctorate (or equivalent) required (must be licensed in NJ or eligible to obtain a limited NJ license for in-house counsel).
  • 8+ years of legal experience, including law firm training
  • Experience with insurance, reinsurance or financial services industry highly desirable
  • Substantial experience drafting and reviewing complex financing documents, securities filings, or contracts
  • Superior interpersonal, organizational, written and oral communications skills
  • Manage and work side-by-side with outside legal counsel
  • Collaborate with internal clients, control partners, and external plan customers and intermediaries to shape transaction and product solutions that work for them and for Prudential, and to be able to capture the solution in writing

It’d Be a Plus If You Had

  • Transactional experience, including mergers and acquisitions, reinsurance transactions, and/or corporate finance, as well as with insurance regulation, is preferred.

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 $210,700.00 to $285,100.00. 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.