drjobs Director, Operational Risk Management - Group Insurance

Director, Operational Risk Management - Group Insurance

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 152500 - 206200

Vacancy

1 Vacancy

Job Description

Job Classification:

Corporate - Risk

Risks mission is to enable intelligent management decisions to help drive exceptional business customer and financial outcomes over the long term. We are seeking a Director Operational Risk Management to help drive the 1st line risk management strategy for Group Insurance in partnership with 2nd line and Enterprise Risk colleagues globally. As a key member of our team you will be responsible for developing and maintaining effective and efficient risk management approaches. The position requires business and financial aptitude resourcefulness good judgment persistence the ability to influence others and strong leadership qualities.

The current EWA for this position is Hybrid and requires your on-site presence on a recurring basis as determined by our business team. Your manager will provide additional details relative to the specific number of days you are expected to be on-site. We are open to candidates from any Prudential office location.


What you can expect:

  • Providing risk support and advice to business risk and control partners including facilitating assessments of strategic initiatives/transactions and ensuring appropriate controls are implemented.
  • Proactively partnering with Risk Management counterparts to identify enterprise-wide implications and effective methods to assess and improve control effectiveness.
  • Being a trusted advisor on risk issues ensuring risks are properly identified assessed monitored controlled and reported.
  • Spearheading new and innovative uses of data and analytics to identify and mitigate risk.
  • Monitoring key risk indicators and trends driving initiatives that enhance control effectiveness and mitigate emerging risks.
  • Supporting specific internal control efforts as needed based on changes in the risk landscape.
  • Resolving challenging sensitive and/or urgent risk issues.
  • Applying sound judgment in the evaluation of risks and controls with effective challenge.
  • Advising on the development and implementation of action plans to address control gaps.
  • Assisting in the preparation of senior leader governance and Board reporting.


What youll need:

  • Tenured experience in risk management audit or similar business control function.
  • Business and financial literacy with a track record of success in leading claims or operations risk management functions.
  • Strong relationship management skills with the ability to partner in a cross-functional environment.
  • Adaptability and flexibility to work well with a diverse portfolio of people processes and functions.
  • Ability to work independently and deliver high-quality outputs.
  • Track record of success delivering results from the conceptual stage to implementation.
  • Sound judgment in synthesizing and determining when to escalate risk issues.
  • Excellent listening and communication skills.
  • Clear and effective writing skills.
  • Strong influencing skills.

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 $152500.00 to $206200.00. 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 $1600 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.


Required Experience:

Director

Employment Type

Full-Time

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