Planning & Analysis Specialist
Location:
Roseland , New Jersey
Posted:
November 22, 2017
Reference:
7961302

Prudential’s Group Insurance segment markets, sells and distributes a full range of group life, long-term and short-term group disability, corporate and trust-owned life insurance policies in the U.S. primarily to institutional clients for use in connection with employee and membership benefits plans. Group Insurance also sells ancillary coverage’s and provides plan administrative services in connection with its insurance coverage’s.  Prudential has been underwriting group insurance plans since 1916. Today the Group Insurance business is the nation's second-largest group life carrier, with almost 13,000 group life, 5,800 long-term disability, and 4,200 short-term disability clients-insuring more than 20 million employees and their families.

A finance position is currently available in the Group Insurance Planning and Analysis Expense unit of the Group Insurance Finance Division.  The successful candidate will be responsible for all aspects of expense planning, forecasting, reporting and strategic support of several functions in the Group Insurance. The successful candidate will be actively involved in developing & reporting key operational metrics pertinent to the Group Insurance Business.  Additionally, the Expense area plays a key role in the collaborations, oversight and reporting of key business initiatives and monitoring of Cost Benefit Analysis.

  • Support of annual budgeting and quarterly forecasting
  • Prepare monthly decks of expense results against forecast/plan
  • Understand key business drivers, how they impact the business and implications
  • Monitor and enhance Key performance indicators (KPI’s)
  • Assist in reviewing business investment proposals and the associated cost benefit analysis (including the CBA tracking process)
  • Perform ongoing forensic review of expenses, prepare monthly and quarterly results, identify trends, presentation decks and provide actionable insight to finance manager
  • Support in tracking management's expense reduction efforts through various Strategic Initiatives
  • Collaborate with the team to assist in benchmarking studies and support ad-hoc expense related projects
  • Offer a new perspective to further enhance and identify inefficiencies in existing processes.

Overtime expected during peak periods.


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