Full-Time

Financial Accounting Specialist

Prudential Financial

Prudential Financial

10,001+ employees

Global financial services: insurance, asset management.

No salary listed

Londonderry, UK

Hybrid

Hybrid role; 2-3 days in-office per week in Letterkenny, Ireland.

Bachelor's

Category
Accounting (1)
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

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Requirements
  • Degree in a relevant discipline
  • Professional accounting qualification or part qualified accountant
  • Experience of implementing and maintaining a control framework, including documentation of controls
  • Strong analytical skills, with the ability to review data critically, challenge inconsistencies and ensure variances are clearly understood and explained
  • Strong attention to detail, with the ability to manage multiple priorities and meet competing deadlines
  • A strong communicator, able to clearly explain technical and financial matters both verbally and in writing to a range of stakeholders
  • A proactive, task‑oriented approach, with confidence to challenge and resolve issues to ensure high‑quality outcomes
  • Strong proficiency in Microsoft Office, particularly Excel, with good working knowledge of PowerPoint and Word
  • Experience of US GAAP reporting, with an understanding of the key differences between US GAAP and IFRS, considered an advantage
Responsibilities
  • Delivery of day-to-day general accounting activities, including UK GAAP, IFRS and US GAAP reporting for assigned legal entities
  • Preparation, review and reconciliation of the general ledger, together with robust review and analysis of entity financial results to ensure accuracy, completeness and compliance with internal controls and accounting standards
  • Intercompany and third-party invoicing processed accurately and on a timely basis, in line with established policies and procedures, and will actively monitor the collection of receipts and resolution of outstanding balances
  • Close collaboration with internal stakeholders to support month-end close, reporting deadlines and ongoing financial governance
  • Preparation of monthly and quarterly financial reporting, working closely with the business and Shared Services Centre colleagues to ensure accurate, robust and timely delivery
  • Preparation and reconciliation of general ledger accounts, including the processing of monthly and quarterly journal entries within Oracle Financials
  • Participation in the annual audit process
  • Preparation of management and financial reporting as required
  • Maintenance and ongoing enhancement of the financial control framework, including documentation and adherence to key processes and controls
  • Participation in projects and initiatives aimed at improving financial processes, reporting quality and the overall control environment
Desired Qualifications
  • Experience of US GAAP reporting, with an understanding of the key differences between US GAAP and IFRS, considered an advantage

Prudential Financial provides a broad suite of global financial services, including life insurance, annuities, mutual funds, pension and retirement services, and asset management, targeted at individuals and institutions. Its products work by collecting premiums or fees and investing assets to fund insurance payouts, retirement Income, and growth opportunities; it also offers tailored financial planning and asset management services that align with long-term goals. The company differentiates itself through its wide range of products and services that span protection, savings, and investment needs, its institutional capabilities, and a focus on building long-term relationships with clients. Its goal is to help clients achieve financial security and sustainable growth over time by preparing for the future with comprehensive planning and investment strategies.

Company Size

10,001+

Company Stage

IPO

Headquarters

Newark, New Jersey

Founded

1975

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 adjusted operating income rose 14% to $4.08 per share.
  • Prudential reported 28% PGIM AOI growth and 28.2% adjusted operating margin.
  • Record Q2 retail annuity sales of $3.6 billion followed FlexGuard 2.0's December 2025 launch.

What critics are saying

  • Prudential Japan's sales suspension cut 2026 AOI by $525 million to $575 million.
  • Prudential will exit six or seven emerging markets, delaying capital redeployment and execution.
  • Legacy variable annuity runoff and Japan misconduct trap capital and pressure earnings volatility.

What makes Prudential Financial unique

  • Prudential's August 2026 strategy focuses on U.S., Japan, and select European retirement markets.
  • PGIM and group insurance diversify earnings beyond legacy variable annuities.
  • FlexGuard 2.0 and retirement products leverage Prudential's distribution and actuarial scale.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Company Equity

Wellness Program

Work/Life Resources

Education Benefit

Employee Stock Purchase Plan

Company News

Yahoo Finance
Aug 11th, 2026
Prudential misses revenue expectations despite 16% EPS beat and margin expansion to 8.3%

Prudential Financial missed Wall Street's revenue expectations in Q2 2026, with sales rising 4.8% year-on-year to $14.16 billion versus analyst estimates of $14.28 billion. However, the company's non-GAAP profit of $4.08 per share beat consensus estimates by 16%. Operating margin improved to 8.3%, up from 5.5% in the same quarter last year. CEO Andrew Sullivan announced a strategic shift towards high-value geographies, stating the company will concentrate on the US, Japan, and select European countries. Prudential plans to exit roughly half its current country presence, expected to release over $3 billion in capital for redeployment. The company targets $750 million in annual cost savings by 2028 through operational streamlining. CFO Yanela Frias cautioned that executing this strategy "will take time and we do not expect progress to be linear".

Yahoo Finance
Aug 9th, 2026
Prudential Financial reports $985M net income, completes $498M buyback

Prudential Financial reported second-quarter net income of $985 million and diluted earnings per share of $2.80 in early August 2026. The insurer completed a $498.51 million share repurchase covering 4.88 million shares, which was announced in December 2025. First-half results showed net income of $1.58 billion and earnings per share of $4.48. Management is prioritising shareholder returns whilst evaluating potential acquisitions, which must meet strict criteria for strategic fit and financial performance. The stronger earnings and buyback reinforce Prudential's focus on capital allocation. However, the company continues to face headwinds from its legacy variable annuity runoff business. Analysts' fair value estimates range from $107 to $239 per share, reflecting divergent views on the company's prospects.

Yahoo Finance
Aug 5th, 2026
Prudential Financial reports 14% AOI growth to $4.08/share, raises efficiency target to $750M

Prudential Financial reported after-tax adjusted operating income of $1.4 billion, or $4.08 per share for Q2 2026, up 14% year-over-year. The company's operating return on average equity rose 110 basis points to 15.5% year-to-date. PGIM's pre-tax adjusted operating income climbed 28% to $294 million, whilst its adjusted operating margin improved 470 basis points to 28.2%. Group insurance achieved record quarterly earnings of $155 million, up 24% from the prior year. The company announced a strategic shift, narrowing its geographic focus to the US, Japan, and select European countries whilst exiting emerging markets. This move is expected to free up more than $3 billion in capital for redeployment. Prudential raised its efficiency target to $750 million in pre-tax run-rate benefits by year-end 2028, up from the original $150 million target.

PLANADVISER
Aug 5th, 2026
Annuities sales reach new heights in Q2 2026, per LIMRA.

Annuities sales reach new heights in Q2 2026, per LIMRA. Total US annuity sales reached a record $123.9 billion in the second quarter. Reported by As guaranteed income products continue to gain traction in retirement portfolios, annuities are leading the charge, with record sales reported in the second quarter. According to LIMRA's U.S. Individual Annuity Sales Survey, which represents 84% of the total U.S. annuity market, sales reached $123.9 billion in the second quarter of 2026. Year-to-date total annuity sales reached $231.3 billion, 2% higher than the first half of 2025. "Total annuity sales set an all-time quarterly record, the 11th consecutive quarter above $100 billion," said Bryan Hodgens, LIMRA's head of research, in a statement. "A combination of global tensions, market volatility and rising interest rates drove demand that lifted all major products and pushed the total market to a new high." Registered index-linked annuities took the lead in sales, with a new quarterly record of $23.3 billion in the second quarter, up 11% from the first quarter and 22% from Q2 2025. Year-to-date, RILA sales totaled $44.4 billion, 21% greater than the first half of 2025. The trend was also evident in Q2 earnings reports from major annuity providers, several of which reported strong growth in RILA sales. Jackson Financial Inc. reported a record $2.3 billion in RILA sales in its second quarter earnings, up 69% from the second quarter of 2025. Jackson also reported that its total retail annuity sales reached $5.9 billion for the second quarter, up from $4.4 billion in Q2 2025. "We delivered record earnings per share and 34% growth in retail annuity sales compared to the same period last year," said Laura Prieskorn, Jackson's president and CEO, in a statement. "This demonstrates our distribution reach, supported by the growth of our partnership with [asset manager] TPG [Inc.]." Prudential Financial Inc.'s Q2 earnings report found that its total retail annuity sales reached $3.6 billion and reflected momentum following the December 2025 launch of its latest RILA, FlexGuard 2.0. "RILA set another quarterly sales record as carriers continued to pivot toward these products and broaden their distribution," said Keith Golembiewski, LIMRA's head of annuity research, in a statement. "With equity markets reaching new highs in June, investors were drawn to RILAs' blend of upside participation and downside protection." According to LIMRA, traditional variable annuity sales reached $17.9 billion in Q2, an increase of 4% from Q1 and 25% higher than Q2 2025. Variable annuity sales for year-to-date 2026 reached $35.1 billion, 21% higher than the first half of 2025. Jackson also reported that its variable annuity sales for the quarter reached $2.7 billion, up 8% from the Q2 2025. Additionally, LIMRA fixed-rate deferred annuity sales reached $44.7 billion in Q2, up from 26% in Q1, but down 2% from Q2 2025. In the first half of 2026, fixed annuity sales were $80.3 billion, a year-over-year decrease of 7%. Fixed indexed annuity sales totaled $30.7 billion in Q2, up 14% from Q1 but 7% lower than Q2 2025, as average cap rates were slightly below year-over-year levels. Year-to-date, fixed indexed annuity sales were $57.5 billion, down 5% from the first half of 2025. For Jackson, fixed annuity and fixed indexed annuity sales totaled $812 million this quarter, up 73% from Q2 2025. "As crediting rates climbed across every duration, demand for fixed-rate deferred products accelerated," Golembiewski said in the statement. "Investors seeking principal protection pushed FRD sales sharply higher from the first quarter." The record-breaking second quarter puts the industry on pace toward LIMRA's forecast that total annuity sales will surpass $450 billion this year.

WTOP
Aug 4th, 2026
Prudential: Q2 earnings snapshot.

Prudential: Q2 earnings snapshot. August 4, 2026, 4:39 PM NEWARK, N.J. (AP) - NEWARK, N.J. (AP) - Prudential Financial Inc. (PRU) on Tuesday reported second-quarter net income of $985 million. The Newark, New Jersey-based company said it had profit of $2.80 per share. Earnings, adjusted for non-recurring costs, were $4.08 per share. The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.47 per share. The financial services company posted revenue of $14.16 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $14.15 billion. Keep Watching 1 dead, 7 injured after two-vehicle crash in Germantown This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRU at https://www.zacks.com/ap/PRU