Prudential Financial
Planning & Analysis Specialist, COPM (Individual Life Insurance) (Hybrid)
Prudential Financial, Newark, New Jersey, us, 07175
Overview
Planning & Analysis Specialist, COPM (Individual Life Insurance) (Hybrid)
role at
Prudential Financial . The Cost Optimization and Performance Management (COPM) expense team is responsible for planning, forecasting, financial reporting, and business measurement for the Individual Life Business. The successful candidate 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. The team delivers expense data to multiple areas, runs system reports, consolidates analysis, reviews and pulls trend analysis, manages and monitors corporate chargebacks, and updates reporting formats. The goal is to provide insightful and actionable analytics to business leaders to aid strategic decisions, with emphasis on accuracy and controls. This is a fast-paced environment with high visibility and interaction with executives and management at all levels, including exposure to Individual Life P&L. The current employee work arrangement for this position is hybrid (from Neark, NJ, Hartford, CT, Fort Washington, PA, or Minneapolis, MN) with on-site days determined by the business. Responsibilities
Responsible for the Monthly and Quarterly Expense and Headcount results for assigned function(s) within ILI, including: 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, including: 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. Provide ongoing financial support and act as a financial resource for business partners, including cost/benefit analyses. Conduct and document moderate to complex financial analysis projects in management reporting, strategic planning, and expense management, and assist in preparing presentations to senior leadership. Overtime may be required during peak periods or for special deliverables and/or deadlines. Occasional travel may occur. What you’ll 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). Ability to balance individual and team assignments/responsibilities. What we offer
Salary range for this role is from
$72,900.00
to
$108,600.00
(varies by location, experience, and skills). Prudential is required by state laws to include salary ranges. We offer a range of benefits including: Market competitive base salaries, with a yearly bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, PTO, and other leave options. 401(k) plan with company match (up to 4%). Company-funded pension plan. Wellness programs and personal wellbeing support. Work/Life resources for various life needs and career development. Education benefits for traditional college enrollment and accredited certificates. Employee Stock Purchase Plan: 85% of the lower price with a one-year service requirement. 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, 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 accommodations.hw@prudential.com. For technical assistance with applications, please email careers.technicalsupport@prudential.com. Seniority level
Mid-Senior level Employment type
Full-time Job function
Research, Analyst, and Information Technology
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Planning & Analysis Specialist, COPM (Individual Life Insurance) (Hybrid)
role at
Prudential Financial . The Cost Optimization and Performance Management (COPM) expense team is responsible for planning, forecasting, financial reporting, and business measurement for the Individual Life Business. The successful candidate 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. The team delivers expense data to multiple areas, runs system reports, consolidates analysis, reviews and pulls trend analysis, manages and monitors corporate chargebacks, and updates reporting formats. The goal is to provide insightful and actionable analytics to business leaders to aid strategic decisions, with emphasis on accuracy and controls. This is a fast-paced environment with high visibility and interaction with executives and management at all levels, including exposure to Individual Life P&L. The current employee work arrangement for this position is hybrid (from Neark, NJ, Hartford, CT, Fort Washington, PA, or Minneapolis, MN) with on-site days determined by the business. Responsibilities
Responsible for the Monthly and Quarterly Expense and Headcount results for assigned function(s) within ILI, including: 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, including: 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. Provide ongoing financial support and act as a financial resource for business partners, including cost/benefit analyses. Conduct and document moderate to complex financial analysis projects in management reporting, strategic planning, and expense management, and assist in preparing presentations to senior leadership. Overtime may be required during peak periods or for special deliverables and/or deadlines. Occasional travel may occur. What you’ll 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). Ability to balance individual and team assignments/responsibilities. What we offer
Salary range for this role is from
$72,900.00
to
$108,600.00
(varies by location, experience, and skills). Prudential is required by state laws to include salary ranges. We offer a range of benefits including: Market competitive base salaries, with a yearly bonus potential at every level. Medical, dental, vision, life insurance, disability insurance, PTO, and other leave options. 401(k) plan with company match (up to 4%). Company-funded pension plan. Wellness programs and personal wellbeing support. Work/Life resources for various life needs and career development. Education benefits for traditional college enrollment and accredited certificates. Employee Stock Purchase Plan: 85% of the lower price with a one-year service requirement. 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, 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 accommodations.hw@prudential.com. For technical assistance with applications, please email careers.technicalsupport@prudential.com. Seniority level
Mid-Senior level Employment type
Full-time Job function
Research, Analyst, and Information Technology
#J-18808-Ljbffr