Senior Strategy Analyst , PGIM Strategy (Hybrid, Newark/NJ)

032 PGIM, Inc.; Newark (NJ); Hybrid; USD 110,000 - 125,000; Full time

Benefits offered by this job

Market competitive base salaries

Yearly bonus potential

401(k) plan with company match (up to

Company-funded pension plan

Wellness programs and education benefit

Employee stock purchase plan

Job summary

Prudential Financial, Inc. in Newark, NJ, is seeking a Strategy Senior Analyst/Associate to join the PGIM Strategy team. You will develop and execute strategic initiatives, analyze markets and competitors, and support senior leaders with recommendations. The role offers exposure to asset management and potential mentoring from senior executives.

Hybrid work arrangement (3 days in-office) with opportunities to influence core priorities in global asset management and corporate development efforts.

Qualifications

• BA required with strong academic background.
• 2-4 years of experience in internal strategy, management consulting, or banking.
• Strong analytical and quantitative skills.
• Passion for problem solving.
• Demonstrated leadership and teamwork abilities.
• Strong interpersonal and relationship-management skills.
• Excellent verbal and written communications skills.
• Executive presence and the composure to interact with senior leaders.
• Entrepreneurial spirit and ability to work independently.
• Interest in business strategy/development and asset management.

Responsibilities

• Develop problem statements and structure problem solving approaches to PGIM’s most critical challenges.
• Establish the fact-base to aid in answering the senior management’s most pressing questions.
• Conduct strategic analyses of markets, competitors, products, and client segments to identify growth opportunities across PGIM's global investment businesses.
• Prepare presentations and recommendations for senior executives, management committees, and board-level discussions.
• Lead competitor intelligence, industry benchmarking, and thematic research initiatives covering traditional and alternative asset management.
• Support corporate development, partnership evaluation, and business planning efforts through commercial due diligence and financial analysis.
• Coordinate cross-functional strategic initiatives with investment, distribution, finance, and corporate leadership teams to drive execution of key priorities

Skills

Analytical skills

Quantitative skills

Leadership

Communication

Interpersonal skills

Entrepreneurial spirit

Independent work

Education

BA

Job description

Job Classification: Project Mgmt, Transformation & Strategy - Project Mgmt, Transformation & Strategy

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do

The PGIM Strategy team supports the CEO of PGIM and the whole leadership team in developing and executing strategy around the business’ most critical priorities. The Strategy team works on a wide variety of projects including competitor analysis, market evaluation and entry, and mergers and acquisitions. The Strategy Senior Analyst/Associate role is the ideal opportunity for an ambitious and talented candidate to work in a collegial and high performing team, and build experience working in the asset management industry directly supporting senior business leaders. As an Senior Analyst, you will be part of a small strategy team overseen by the Chief Strategy Officer. You will be given high levels of responsibility across multiple projects, and asked to tackle complex business challenges from day one. You may be asked to evaluate the size and growth potential of a market like the alternatives universe and develop potential strategies for entering the market. You may also be asked to analyze how our top competitors are responding to market dynamics, or to help evaluate and diligence potential acquisition targets. These projects will provide you with exposure to PGIM and the asset management industry, and you will develop a broad business strategy toolkit. In addition to conducting research and analysis, you will be responsible for presenting your findings and recommendations to senior management. You will also have the opportunity to be mentored by PGIM’s senior business leaders and be coached and trained by asset management and strategy experts. This position is based in our office in Newark, NJ and will follow a hybrid schedule. Our organization follows a hybrid work structure ( 3 days in office) where employees can work remotely and/ from the office, as needed, based on demands of specific tasks or personal work preferences. Working from the office is encouraged when working on tasks that require a high degree of collaboration.

What you can expect

• Develop problem statements and structure problem solving approaches to PGIM’s most critical challenges
• Establish the fact-base to aid in answering the PGIM senior management’s most pressing questions
• Conduct strategic analyses of markets, competitors, products, and client segments to identify growth opportunities across PGIM's global investment businesses.
• Prepare presentations and recommendations for senior executives, management committees, and board-level discussions.
• Lead competitor intelligence, industry benchmarking, and thematic research initiatives covering traditional and alternative asset management.
• Support corporate development, partnership evaluation, and business planning efforts through commercial due diligence and financial analysis.
• Coordinate cross-functional strategic initiatives, working closely with investment, distribution, finance, and corporate leadership teams to drive execution of key priorities

What you will bring

• BA Required with strong academic background
• 2-4 years of experience, preferably in internal strategy, management consulting, or banking
• Strong analytical and quantitative skills
• Passion for problem solving
• Demonstrated leadership and teamwork abilities
• Strong interpersonal and relationship-management skills
• Excellent verbal and written communications skills
• Executive presence and the composure to interact with senior leaders
• Entrepreneurial spirit and ability to work independently
• Interest in business strategy/development and asset management

What will set you Apart

Knowledge of financial services, ideally asset management and/or private markets (e.g., private equity, private credit, real estate, etc.,) *PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply. 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 $110,000 to $125,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

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.
• 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).
• 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.

To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place. If you need an accommodation to complete the application process, please email [e-mail]. If you are experiencing a technical issue with your application or an assessment, please email [e-mail] to request assistance.

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives.

Prudential Financial, Inc. (PFI) 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. For more information please visit news.prudential.com.

PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI 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.

Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.