Planning & Analysis Specialist, COPM (Individual Life Insurance) (Hybrid)
Planning & Analysis Specialist, COPM (Individual Life Insurance) (Hybrid)
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Job Description
Job Classification:
Finance & Accounting - Finance & AccountingAt Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!
The Cost Optimization and Performance Management (COPM) expense team is responsible for planning forecasting financial reporting and business measurement for the Individual Life successful candidate for this position will provide support and be a key financial resource to business partners in achieving their expense management financial objectives.
Reporting and analytics include planning forecasting financial reporting and business measurement. As part of the team responsibilities include delivering expense data to multiple areas such as Life P&A team and Corporate team is geared toward running system reports consolidating analysis reviewing and pulling trend analysis managing and monitoring corporate chargebacks and updating reporting formats. Analysis is collected trends reviewed and analysis consolidated based on key drivers. Our ability to provide insightful and actionable analytics to business leaders assist them to make strategic business and controls are key.
This is a fast-paced environment with high visibility and includes interaction with executives and management at all levels of the organization and includes exposure to Individual Life P&L. The successful candidate will be a highly motivated individual with strong financial analytical interpersonal partnering and technical to work independently and interact in a team setting including teams in remote locations.
The current employee work arrangement for this position is hybrid (out of either the Neark NJ Hartford CT Fort Washington PA or Minneapolis MN location) and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
Responsible for the Monthly and Quarterly Expense and Headcount results for assigned function(s) within ILI. This includes:
Monthly close responsibilities for accruals and reconciliation of vendor and other chargeback expense.
Monthly analytics against Plan and Forecast.
Produce distribute and meet with business partners to review results.
Calculate and input accurate Expense Headcount and Allocation data for reporting.
Responsible for assisting business partners in the Budget and Forecasting process. This includes:
Communication of business assumptions.
Support budget and forecast input into the modeling tool.
Understand document and analyze business drivers volume assumptions and financial impact of special projects and initiatives.
Assist in sizing cost savings opportunities.
Provides ongoing financial support and is financial resource for business partners assists with and monitors cost/benefit analysis.
Responsible for conducting and documenting moderate to complex financial analysis projects in the areas of management reporting strategic planning and expense management and assist in the preparation of presentations to senior business leadership.
Overtime required during peak periods and in the case of special deliverables and/or deadlines. Occasional travel may occur.
What youll need:
Undergraduate degree in accounting finance or business-related field.
2-5 years financial analysis or accounting experience.
Excellent communication skills both written and verbal.
Strong analytical and problem-solving skills.
Ability to foster and build relationships across multiple departments.
Ability to think strategically.
Strong verbal written and presentation skills.
Strong knowledge of PC applications (MS Office Applications).
Ability to balance individual and team assignments/responsibilities.
Prudential welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.
At Prudential you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning gigs and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
Were a global organization full of outstandingly dedicated people who arent afraid to think differently challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work offering flexibility while delivering on our Purpose.
#LI-RRJ
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 $72900.00 to $108600.00. 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.
Prudential Financial Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin ancestry sex sexual orientation gender identity national origin genetics disability marital status age veteran status domestic partner status medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process please email .
If you are experiencing a technical issue with your application or an assessment please email to request assistance.
Required Experience:
IC
Employment Type
Full-Time
