Associate Manager, Planning & Analysis - Finance: Retail Advice and Solutions (Hybrid) at Prudential Ins Co of America in Newark, New Jersey

Job Description:

Job Classification:

Finance & Accounting - Finance & Accounting

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!

Retail Advice and Solutions (RAS) is an organization focused on delivering advice and guidance to a broad range of customers through 3,000 financial advisors to meet customers’ financial needs and assist them in achieving financial goals. The RAS Finance team reports into the business as part of an Empowered team model.

The Retail Advice and Solutions (RAS) Finance team is responsible for:

• Planning and Analysis including responsibility and oversight for sales and driver-based planning, analysis and forecasting including preparation and consolidation of financial statements and various supporting analytics in support of the Corporation requirements for annual planning and quarterly multi-year forecasting.


• Financial Reporting (Controllership) including responsibility for partnering with FSS to ensure accuracy of books and records and that all financial activity has been recorded timely and accurately. Also includes sales and reporting by product, reporting of all driver results supporting our financial s such as GDC, hiring, headcount, productivity, and variance analysis in support of the Corporation requirements.


• Expense Management including responsibility for planning, forecasting, reporting and analysis of all expenses. Expenses include total Direct and total Indirect costs. Includes partnering with RAS business leaders on expense management, planning and forecasting of expenses and correlated headcount and numerous supporting analytics and deliverables in support of Corporation requirements.


• Strategic Initiatives and Enablement including responsibility for numerous business cases to provide thought leadership, inform and influence strategic decision making to drive efficiencies, generate ideas for business growth and provide our business partners with insightful and actionable analytics.


• Support RAS management’s understanding of our financial results and foster partnerships with distribution channel leads and their teams in driving profitable sales growth.


• Identify efficiencies and process improvements, enhancing controls and documentation to allow more time for insightful analytics.


• Support Business Unit, Corporate and Enterprise initiatives.


• Enhancing talent and bench strength through employee development, succession planning, diversity, and inclusion

There is currently one Associate Manager opening on the RAS Finance team for a highly motivated person with strong financial reporting, planning and analytical skills leadership and communication skills.

What you can expect:

• Partnering across the team and working with business leaders on a portfolio of initiatives to help drive strategic growth and enhance profitability. This will include working on strategic business cases and assisting, from a financial perspective, in the launch of new and innovative business initiatives.


• Assist in coordination and preparation of various strategic presentation materials including helping drive and facilitate discussions at meetings with our business partners.


• Assist in creating an operating model to produce financial metrics, insights, and analysis of profitability by firm including leading and lagging indicators to help measure and improve each firm’s profitability performance. This role will help drive strategic change to achieve profitability goals and gain exposure to Field leaders.


• Support BAU process, including multi-product line sales and driver forecasting, partnering across our team to integrate strategic actions and decisions into our financial reporting and multi-year forecasting, as well as P&L reporting and analysis for quarter close.


• Collaborate closely with business leaders and provide financial analysis to support the ongoing execution of growth strategy and other business case/transformation initiatives.


• Conduct producer profitability analysis.


• Support the team in completing various requests to meet Business Unit, Corporate and Enterprise initiatives.


• Continue to seek efficiencies and drive operational process improvements across the team.


• The successful candidate will interact frequently with business partners and other areas within the RAS Finance team and other areas within the Company as necessary.

What you'll need:

• Bachelor’s degree in Finance or Accounting


• 4-6 years of experience in in Planning & Analysis and/or financial reporting of business line results.


• Strong interpersonal and communication skills.


• Ability to influence indirect reporting relationships and business partners.


• Highly motivated and creative/strategic thinker


• Ability to thoughtfully challenge the status quo


• Strong analytical, organizational, and problem-solving skills


• Ability to succeed both independently and as part of team.


• Proven ability to manage multiple deliverables and meet deadlines.


• Strong Excel, Word and PowerPoint skills

At Prudential, you can:

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.

#LI-HYBRID

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 $90,100.00 to $134,100.00. 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.

Apply Now