Full-Time
Posted on 12/10/2025
Global financial services: insurance, asset management.
$80k - $90k/yr
Chicago, IL, USA + 1 more
More locations: Arlington, VA, USA
Hybrid
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
Help us improve and share your feedback! Did you find this helpful?
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
Katayama: need to keep examining causes behind Prudential case. Thursday, Apr 9, 2026 7:50 pm ET 1min read The recent misconduct scandal at Prudential of Japan has sparked renewed calls for a deeper examination of the systemic issues that allowed fraudulent activities to persist for decades. As the company announced a 90-day suspension of new life insurance sales and the resignation of its former CEO, Kan Mabara, experts emphasize the need to address the root causes behind the widespread misconduct involving over 100 employees. An internal investigation revealed that the misconduct spanned from 1991 to 2025 and involved improper investment solicitations, personal loans, and unapproved products. The company reported damages totaling ¥3.1 billion ($19.9 million) to affected clients. The investigation also identified structural weaknesses, including a compensation system heavily tied to performance, limited oversight of sales activities, and a corporate culture that prioritized sales over compliance as detailed in the report. In response, Prudential of Japan has announced a series of reforms, including restructuring its sales compensation system, enhancing oversight of employee activities, and strengthening recruitment and training processes according to company announcements. The company has also established a third-party panel to review governance issues and is implementing a new business model that assigns support teams to customers rather than relying on individual consultants as reported. Despite these steps, financial analysts and industry observers stress that the Prudential case highlights broader challenges in Japan's insurance sector, particularly the risks associated with high-pressure sales environments and weak internal controls. As Prudential works to rebuild trust with customers and stakeholders, the need for continued scrutiny of its reforms - and the broader industry - remains critical according to company statements. Ask Aime: How can Prudential of Japan's reforms address the root causes of misconduct and ensure long-term stability? Aime insights. What's the current performance of key Chinese companies listed on US stock exchanges? What are Buffett's top three holdings? How does R&D spending compare among semiconductor leaders over years?
Eiopa makes a splash in EU natcat risk pool debate. Companies: * Marcus Bowser joins Prudential as chief actuary 13 April 2026 * FWD Insurance appoints Alexander Wong as group chief actuary 13 April 2026 * Moody's upgrades outlook for Japanese life and non-life sectors 13 April 2026 The rating agency expects more funded re to benefit the life sector's capital * Meiji Yasuda Life praises irreplaceable value of its human staff amidst AI transformation 13 April 2026 Firm says AI growth increases value of "work only humans can do" * InsuranceERM releases podcast with Generali's CFO Cristiano Borean 13 April 2026 Borean sits down with InsuranceERM to discuss his journey from physicist to CFO and his views on the forces shaping insurance
Central bank of ireland director gerry cross named next IAIS secretary general. Companies: * Ping An pushes AI deeper into claims and emergency response 10 April 2026 Chinese insurer is handling 80% of its annual customer service interactions via AI * Petra Hielkema locked in for another five-year term at Eiopa 10 April 2026 * Prismic Life Reinsurance seals whole life block deal with Japan's Daiichi Life 10 April 2026 Bermudian life reinsurers increasingly see growth opportunities in Japan * Prudential Financial names Bob Bastian as chief data and AI officer 10 April 2026 * Entry deadline for InsuranceERM Americas awards 2026 closes tonight 10 April 2026 Deadline for award submissions is tonight, Friday 10 April 2026
Three Newark-based companies plan to lay off hundreds of workers in the coming months, according to the state Department of Labor. Horizon Blue Cross Blue Shield of New Jersey will cut 242 jobs from 26 April, whilst Prudential Financial plans to eliminate 54 positions starting 7 May. Luna Foods, also known as Joey's Fine Foods, will lay off 61 employees from 5 June. Prudential, founded in Newark in 1875 and still headquartered there, said it continually reviews its organisational structure to meet evolving customer needs and maintain competitiveness. The company stated it is eliminating roles that no longer align with its strategy. Horizon Blue Cross Blue Shield, which insures approximately one million New Jerseyans, did not immediately comment. Luna Foods also did not respond.
Prudential Financial has filed a proxy statement urging shareholders to reject a proposal to permanently separate the Chairman and CEO roles ahead of its 12 May annual meeting. The move follows Andrew Sullivan's recent appointment as Chairman, highlighting governance structure as a key investor concern. The company's investment narrative centres on its traditional insurance business focused on retirement, annuities and asset management. Analysts project revenues of $60.9 billion and earnings of $5.2 billion by 2029, representing flat revenue growth and a $1.7 billion earnings increase from current levels of $3.5 billion. Simply Wall St community members value Prudential Financial between $92.86 and $239.11 per share, reflecting significant divergence in investor views. The governance debate adds uncertainty around long-term execution and risk management for the diversified insurer.