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VP – Strategic Initiatives
Company | Prudential Financial |
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Location | Newark, NJ, USA |
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Salary | $185100 – $250500 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior, Expert or higher |
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Requirements
- Bachelors degree required, Masters preferred
- Minimum 7-10 years of experience in business strategy, finance, or other leadership roles, including experience in financial services
- Industry knowledge, including, Individual Life Insurance, Group Insurance, Retirement Strategies, and Retail Advice / Wealth Management
- Exceptionally strong analytic, strategic thinking, and problem-solving skills
- Proven verbal and written communication skills
- Demonstrated ability to influence and drive change
Responsibilities
- Support the creation and ongoing refinement of the overall strategy and strategic priorities.
- Drive the strategic initiative development and prioritization process towards execution.
- Partner with the business senior leadership teams (SLT) to develop and assess the strategic initiatives that will have greatest impact on each business and its customers, resulting in a strategic initiative backlog that is well understood and supported.
- Lead the development of strategy documents and communication materials, including business and strategic reviews to senior leaders, including Executive Leadership Team (ELT), US Operating Committee, the Board of Directors and other key constituencies.
- Bring a project-based strategic capability to identify and analyze strategic opportunities.
- Build collaborative and trusted relationships across Prudential’s strategy, business development, and finance teams to ensure Prudential realizes its full potential by helping enable business outcomes.
- Identify new breakthrough business models (e.g., FinTech/Insurtech,) that present potential disruption and growth opportunities.
- Partner with Corporate Development (M&A) and Finance to develop and assess potential acquisitions.
Preferred Qualifications
- Believes in a non-hierarchical culture of collaboration, transparency, and trust
- Not afraid to ‘roll up the sleeves’ and seeks to go outside comfort zone to learn – pushes the team to do the same
- Proven strength in creating positive working relationships and leading projects with heavy cross-business/cross-functional collaboration