Filed Under:Markets, Company News

Boston Fed gearing up for top tier regulation of Pru

Federal Reserve Bank in Boston needs insurance expertise. Apply here. (AP Photo/Michael Dwyer)
Federal Reserve Bank in Boston needs insurance expertise. Apply here. (AP Photo/Michael Dwyer)

Do you want to help develop creative approaches to evaluating Prudential Financial’s financial condition, relative to peer companies? Or take on an “exciting role that offers the opportunity to contribute to the development and execution of a new set of responsibilities for the Federal Reserve System?”

The Boston Federal Reserve bank is now attempting to supervise the behemoth global insurer, Prudential, and is recruiting at least a half dozen top-level insurance supervisory positions plus support staff to prepare itself for regulating Prudential Financial as a Systemically Important Financial Institution under the Dodd-Frank Act.

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Nichole Morford

Nichole Morford
Managing Editor

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