Investment Associate, Global Portfolio Management

OverviewInvestment Associate, Global Portfolio Management at Prudential Financial – join our Portfolio Strategist team within Global Portfolio Management (GPM). GPM manages the $400 billion General Account, including domestic and international insurance investment portfolios, and develops asset-liability management-oriented portfolio strategies. The role supports the research, development, and implementation of the Group Insurance (GI) and Long-Term Care (LTC) investment strategies, collaborating with CIO portfolio managers, GI/LTC business partners, and corporate functions.The current EWA for this position is Hybrid and requires on-site presence on a recurring basis as determined by the business. Your manager will provide details on the specific on-site days.What you’ll doParticipate in the development and implementation of investment strategies supporting the GI and LTC portfolios totaling $21B in assets.Support the development of Strategic Asset Allocation (SAA) targets and reinvestment strategies aligned with liability duration and risk characteristics.Develop portfolio strategies within investment guidelines while balancing constraints such as investment and market risk limits, income volatility, tax realization, and capital usage.Partner with associates in GI and LTC, CIO teams (e.g., Global Investment Strategy, Manager of Managers, Modeling and Analytics), and corporate functions (Finance, Actuarial, Enterprise Risk Management, Treasurer’s) to understand and address portfolio issues.Collaborate with pricing and assumptions teams to enhance investment assumptions and risk methodologies used in new product pricing and in-force management.Engage in broad portfolio surveillance across multiple fixed income asset classes.Contribute to strategic portfolio outlook and positioning through regular relative value and risk assessment discussions.What you’ll need3–5 years of investment and/or risk management experienceBachelor’s DegreeCapital markets knowledge with experience across asset classes including corporate bonds, securitized products, and mortgage loansStrong communication, coordination, and problem-solving skills (oral and written)Excellent project management abilitiesNice to haveCFA designation and/or MBA (pursuit)Experience in investments, credit analysis or fixed incomeKnowledge of insurance capital frameworksNote: Prudential is required by state laws to include the salary range for this role where applicable. The salary range is from $125,000 to $155,000, with variation by location, experience, and skills. Roles may be eligible for additional compensation and benefits. Eligibility for discretionary annual incentive depends on performance.What we offerMarket-competitive base salaries with yearly bonus potentialMedical, dental, vision, life insurance, disability insurance, PTO, and leave (parental, military, etc.)401(k) with company match (up to 4%)Company-funded pension planWellness programs and personal wellbeing reimbursementsWork/Life Resources and education benefitsEmployee Stock Purchase PlanPrudential is an equal opportunity employer. If you need an accommodation to complete the application process, please email . For technical assistance, email . #J-18808-Ljbffr

Created: 2025-09-17