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Associate Manager Planning & Analysis at Prudential Financial in Hartford, Connecticut

Posted in Finance 30+ days ago.

Type: Full-Time

Job Description:

Prudential’s Workplace Solutions Group (WSG), which comprises Prudential’s Retirement and Group Insurance businesses – serving over 23 million customers, is seeking a highly motivated, process improvement oriented, and results driven FP&A Manager to lead the cost management consolidation process in support our Group Insurance business. The WSG Cost Optimization & Performance Measurement team is responsible for planning, forecasting, financial reporting, and business measurement for the Workplace Solution Group segment. 

The Associate Manager, Expense Planning & Analysis, position is responsible for collaborating with business leadership in development of business cases, Project Services for tracking financial results and projections of the Strategic Initiative Portfolio for Group Insurance, while providing transparent financial results and analysis.


Primary responsibilities include:

Provide financial and advisory support to Business leaders and contacts on proposed (and refreshed) initiative business cases for Group Insurance

  • Understand key business drivers, how they are impacted by Business cases and make recommendations accordingly

  • Challenge business-prepared business cases to ensure assumptions are solid, business changes and impacts are easy to understand to enable the Product leaders to make informed decisions on investments and expected results.

  • Coordinate across Business Partner support team to ensure the multi-year forecasts reflect commitments made within approved business cases. 

  • Develop Business, US Business, and Corporate required financial updates to communicate Group Insurance Strategic Initiative costs, benefits, and net AOI impacts. 

  • Implement standardized reporting and best practices across WSG businesses for the initiative portfolios. 

  • Support special projects or ad-hoc analysis

  • Bachelor’s degree in Finance, Accounting or related field, with a minimum of 3-5 years of relevant experience

  • Advanced degree, MBA or CPA preferred

  • Discretion to deal with confidential information

  • Analytical and conceptual thinking skills, with the ability to problem solve. 

  • Customer focused with strong communication skills and the ability to effectively communicate financial results.

  • Demonstrated ability to thoughtfully analyze data, assess and challenge results

  • Results oriented and attentive to detail

  • Self-motivated, proactive and strong time management and organizational skills

  • Agile and organized with the ability to prioritize and manage multiple demands.  Able to proactively anticipate issues, provide recommendations, and communicate key issues at the right level at the right time. 

  • Ability to focus on big picture and interconnectivity

  • Able to apply knowledge of company objectives, operations, and key business drivers and of finance to evaluate business performance and contribute to operational and strategic decision-making.

  • Possesses ability to derive key expense metrics and influence business activities to optimize cost structure.

  • Organizational awareness and knowledge of business partner strategy.

  • Demonstrated ability to foster the development of successful, strategic relationships with business partners.

  • Ability to thrive in a matrixed environment

  • Displays a Continuous improvement mindset.  Able to proactively identify, analyze, and improve upon existing processes for optimization and to meet new deadlines or standards of quality.

  • Innovation mindset with the willingness to challenge the status quo.

  • Uses appropriate applications and identifies opportunities to better leverage technology to complete tasks more efficiently and effectively.

  • Understands the need for a control environment and attention to detail.

  • Proficient use of MS Office suite.

  • Performs role of Finance as a Strategist, Catalyst, Steward and Operator.