Corporate Development Vice President

Job Classification:

Finance & Accounting - Finance & Accounting

Prudential Financial, a global leader in insurance, retirement and asset management, is seeking a high-caliber and experienced Vice President of Corporate Development to join our dynamic team in Newark, NJ. This is a critical leadership role responsible for driving our inorganic growth strategies, including mergers, acquisitions, divestitures, and reinsurance transactions, which are key to shaping the future of our organization. The team’s mandate covers all of Prudential’s businesses, both in the United States and internationally.

The current EWA for this position is Hybrid and requires your on-site presence 3 days per week. You manager will provide additional details relative to days you are expected to be on-site.

What You Will Do

The Corporate Development team at Prudential has a proven track record, having closed over 120 transactions with an aggregate value in excess of $35 billion since its inception. The Vice President will play a pivotal role in continuing this success by:

• Leading Transaction Execution: Manage all aspects of the M&A process from sourcing and evaluation through due diligence, valuation, negotiation, and integration planning.
• Strategic Analysis: Conduct detailed financial modeling, cash flow and return analyses, and risk assessments for potential acquisitions and divestitures, presenting findings and recommendations to business and functional leaders, as well as to Prudential’s Global Leadership Team.
• Market Insight: Identify industry trends and monitor the competitive landscape within the financial services sector, specifically insurance, retirement and asset management, to uncover strategic growth opportunities.
• Relationship Management: Build and maintain strong relationships with internal stakeholders across finance, legal, risk, and business units, as well as external partners including investment banks and consultants.
• Talent Development: Mentor and provide guidance to junior team members (Associates and Analysts), fostering a high-performance culture and ensuring best-in-class M&A processes.

What You Will Need

• Experience: A minimum of 8-10 years of transaction-focused work experience in investment banking, private equity, or an internal corporate development role, preferably within the insurance, retirement, asset management, or financial services industries.
• Education: A bachelor’s degree, preferably in Finance, Business, or Economics, is required. An MBA, CFA, or actuarial credential (ASA, FSA) is strongly preferred.
• Skills:
  • Deep expertise in financial modeling, valuation techniques, and accounting principles.
  • Proven leadership skills with experience managing complex projects and cross-functional teams.
  • Exceptional communication and presentation skills, both written and verbal, with the ability to synthesize complex ideas and analysis for senior leadership.
  • Strong strategic thinking, problem-solving abilities, and sound business judgment.
  • Experience with the various legal, regulatory, tax and other issues common to transactions.
  • Ability to work effectively in a fast-paced, deadline-driven environment.

#LI-Hybrid

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 $200,000.00 to $270,500.00. 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.