Leading Prudential’s Pension Risk Transfer (PRT) transaction management team, Joanna is responsible for the bidding activity and the request for proposal process for all PRT transactions, including jumbo and highly complex transactions.
Joanna manages the bidding process for buy-in and buy-out products, with overall responsibility for the implementation of all transactions and leads transaction teams through the successful execution and transfer of pension liabilities.
Joanna was an integral part of the team that led the IBM PRT transaction; closed in September 2022, it’s the second largest in the market. Additionally, she leads the execution of PRT’s business development and market analytics to set Prudential’s bid strategy. Joanna focuses on optimizing our resources in pursuit of opportunities that will generate value for the PRT business.
Prior to joining Prudential’s PRT team, Joanna has held positions with increasing responsibility across company. In previous roles, she led cross-functional teams through the execution of key strategic initiatives for various institutional businesses.
Joanna earned a B.S. in international business from Quinnipiac University.
Disclaimer
Pension and medical risk transfer products are insurance products issued by The Prudential Insurance Company of America (PICA), Newark, NJ, a wholly owned subsidiary of Prudential Financial Inc. (PFI). PICA is solely responsible for its contractual and financial obligations. Guarantees are dependent on the claims-paying ability of PICA and are subject to certain terms, conditions, and limitations.
Certain insurance products used to transfer pension risk, including PICA’s Portfolio Protected Buy-Out and Portfolio Protected Buy-In, may utilize a separate account established by PICA, in which case, premium paid to PICA under the group annuity contract is deposited into a separate account. The payment obligations specified in the group annuity contracts for such products are insurance claims supported by the assets in the separate account, and if such assets are not sufficient, by the claims-paying ability of PICA, subject to certain terms conditions, and limitations.
This material is intended for informational purposes only. Before entering into a transaction or pursuing a strategy of the types described herein, you should consider the suitability of the transaction or strategy to your particular circumstances and independently review (with your professional advisors as necessary) the specific financial risks as well as the legal, regulatory, investment, credit, tax, and accounting consequences.
Products not available in all states.
Reinsurance products are issued by PICA. Neither PICA nor its parent company PFI, headquartered in the United States, is affiliate 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. PICA is solely responsible for its financial condition and contractual obligations. PICA is not authorized or regulated by the U.K. Prudential Regulation Authority or regulated by the Financial Conduct Authority, nor does it offer insurance or reinsurance in the United Kingdom. PICA is not authorized or regulated by the Office of Superintendent of Financial Institutions for Canada or by the Financial Services Commission of Ontario. PICA is not authorized or regulated by supervisory authorities in the European Economic Area (EEA). PICA provides insurance products for U.S. pension plans in the United States and off-shore U.K. reinsurance to companies that have acquired U.K. pension risk through transactions with U.K. plan sponsors.
© 2024 Prudential Financial, Inc. and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of PFI and its related entities, registered in many jurisdictions worldwide.
CA Certificate of Authority (PICA) For Compliance Use Only #1179
For Compliance Use Only:1085112-00001-00