VP, Growth Initiative, Product at Prudential Ins Co of America in Shelton, Connecticut

Job Description:

Job Classification:

Product Management - Product Management

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

The Growth Initiatives P&L leader will be a member of the Product leadership team, reporting to the Head of Individual Retirement Strategies Product. You will be accountable for delivering profitable growth of the business through the ongoing management of the Growth Product portfolio. You will drive alignment across the business system to ensure the success of the overall Growth Initiatives product strategy. Additionally, you will be expected cultivate a culture and approach where everyone feels ownership for the success of the business.

The Growth Initiatives P&L leader is responsible for leading the team to include all aspects of portfolio management for the Growth Initiatives, including product strategy, innovation backlog prioritization, product roadmap, and proactive P&L management.

The current EWA for this position is Hybrid 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:

• Developing and actively leading the Growth Initiatives product strategy, informed by emerging business results, market insights, and changes to the economic and regulatory environments


• Partnering with Future Growth Initiatives distribution to ensure alignment of the distribution and product strategies


• Supporting the cultivation and prioritization of the Growth Initiatives backlog / pipeline


• Engaging in market as a critical member of the Future Growth Deal team, co-creating with clients to expand solutions that deliver retirement income in brand-new ways


• Partnering with the Individual Retirement Strategies Product Development team to evaluate the viability of prioritized innovation initiatives to define the Growth Initiatives product roadmap


• Demonstrating the empowered business model to execute upon the Growth Initiatives product roadmap through the Product Development, Product Support, and Product Implementation teams


• Collaborating across the business system to manage all aspects of the P&L, proactively managing the economics of new and inforce business to maximize value generation and manage risk


• Owning lifecycle management of Growth product portfolio, performing regular analysis of product performance

What you’ll need:

• Experienced leader in the Financial Services industry with deep knowledge of and direct experience with retail and institutional annuities.


• Successful business and financial competence.


• Clear interpersonal skills, team orientation, and the desire and ability to work with business partners across the organization.


• A focused problem-solver who exhibits sound business judgement.


• Adept at navigating ambiguous situations, demonstrating resilience, and operating in the "grey."

It’d be a plus if you had:

• A decisive and actions-oriented individual who exhibits expert-level collaboration and influencing skills.


• The ability to think strategically and plan for the long-term outcomes yet balance short-term complex needs of the business.


• Strongly results-oriented, with the desire and drive required to accomplish stated objectives.


• Agile and adaptable, prepared to use their experience in leading and building in a transforming environment.


• Demonstrated ability in fostering a culture that can attract, grow, and retain top talent.

Prudential welcomes all applicants, even if you don't 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 including 1:1 Career advice, on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t 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.

What we offer you:

• 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


• Retirement plans:


• 401(k) plan with company match (up to 4%)


• Company-funded pension plan


• 
  Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 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.


• 
  Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.


• 
  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.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Note: 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 $180,600.00 to $244,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

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. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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