Planning & Analysis Specialist - GI COPM (Hybrid)

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!

Position Overview:

The Cost Optimization and Performance Management (COPM) expense team is responsible for planning, forecasting, financial reporting, and business measurement for the Group Insurance (GI) Business. We are looking for a Planning & Analysis Specialist to help us in achieving GI's expense management financial objectives. This essential role reports to the Manager of Planning and Analysis supporting our Product and Distribution divisions and involves developing multi-year forecasts, driving cost efficiency, and improving performance.

Responsibilities include the reporting and analysis of monthly, quarterly, and annual results, along with multi-year forecasts for the business. Collaborating closely with business leaders, you will support controllership, financial reporting, planning, and consolidation activities for the Group Insurance business.

What you can expect:

• Responsible for the Monthly and Quarterly Expense and Headcount results for assigned function(s) within Group Insurance. This includes:
• Monthly close responsibilities for accruals, reclass journal entries 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.
• Assist business partners in the Budget and Forecasting process. This includes:
• Communication of business assumptions.
• Support budget and forecast input into the forecast modeling tool, leveraging various inputs including capacity models.
• Understand, document, and analyze business drivers, volume assumptions and financial impact of special projects and initiatives.
• Assist in sizing cost savings opportunities.
• Provides ongoing ad hoc financial support and is financial resource for business partners, assists with and monitors cost/benefit analysis and business case creation.
• Responsible for conducting and documenting moderate to complex financial analysis projects in the areas of management reporting, strategic planning, and expense management, and assist in the preparation of presentations to senior business leadership.
• Drive cross functional initiatives that may be business-as-usual, transformational, continuous improvement in nature and require automation skills.

• Undergraduate degree in accounting, finance, or business-related field.
• 2-5 years financial analysis or accounting experience.
• Strong analytical and critical thinking skills.
• Excellent communication skills, both written and verbal.
• Ability to foster and build relationships across multiple departments.
• Keen sense of curiosity
• Strong knowledge of financial software and systems, such as Oracle ledger systems, MS Office Suite, and a continuous learning mindset.
• Agile, organized, and structure-oriented, with the ability to prioritize and manage competing deliverables.
• Sense of urgency to deliver quick turn-around as needed.

• CPA or MBA.
• Public accounting experience.
• Experience with Anaplan, Workday or Power BI.

• 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.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programsincluding 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.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• 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.