Manager, Strategic Initiatives

Posted:
8/22/2024, 5:00:00 PM

Location(s):
Newark, New Jersey, United States ⋅ New Jersey, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy

Job Classification:

Project Mgmt, Transformation & Strategy - Project Mgmt, Transformation & Strategy

For more than 140 years, Prudential Financial Inc. has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation. For more information, visit www.prudential.com.

Prudential International Insurance (PII) continues to be one of Prudential's fastest growing and most profitable business groups. The Regional Office of India, Indonesia and Africa is part of PII’s Emerging Market business. The team oversees the business, operation and strategic relationship with Prudential’s Joint Venture and strategic investment entities in the region.

As a member of the Emerging Markets team, the Manager, Strategic Initiatives will support effective management of the regional business, including providing analysis and insights to the operations and business of the Joint Venture and strategic investments, support oversight of the entities’ business health, as well as supporting senior executive in board engagement and duties.

Additional Responsibilities include:

  • Aid critical decision making by Pru as shareholders, including various projects on shareholder alignment, capital deployment initiatives, and JV/strategic investments’ strategy, business and board reviews 
  • Assist in building and strengthening the institutional knowledge base of the region for PII
  • Provide research on market insights of the countries, including macro/sector updates, regulatory changes, peer strategy, performance and M&A activities
  • Support efforts to nurture and improve relationships with the JV entities and strategic investments at various levels to strengthen PII’s standing with the companies
  • Coordinate with PII EM team and functions as necessary to ensure right level of engagement and collaboration on the agreed initiatives

What you’ll need:

  • Bachelor’s degree required; MBA and / or CFA preferred
  • 5+ years with relevant experience in business management, corporate strategy, management consulting or finance roles in the Financial Services or Insurance industry
  • Experience in financial analysis, strategy, dashboarding and research
  • Excellent analytic skills, critical thinking and pragmatic problem-solving capabilities
  • Strong communications (both written and verbal in the English language) and ability to build partnership within Prudential and the countries
  • Excellent data management and Microsoft suite skill set
  • English language proficiency (both written and verbal) required

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-KW1

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 $115,800.00 to $172,300.00. 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 [email protected] 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
[email protected].

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 [email protected] to request assistance.

Prudential Financial

Website: http://www.prudential.com/

Headquarter Location: Newark, New Jersey, United States

Employee Count: 10001+

Year Founded: 1875

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Asset Management ⋅ Finance ⋅ Financial Exchanges ⋅ Financial Services ⋅ Insurance ⋅ Health Care ⋅ Retirement