Director of Strategic Initiatives, Portfolio Enablement

Job Classification:

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

Prudential is seeking an experienced Director of Strategic Initiatives, Portfolio Enablement to lead large scale strategic initiatives within the Prudential Group Insurance business.  This role is responsible for driving progress and business ownership, supporting business case development, defining portfolio and initiative level financial and operational success metrics, and engaging with internal and external stakeholders and vendors to ensure execution excellence and sound change management.  Prudential Group Insurance initiatives will encompass multiple product and service domains across a broad set of customer segments.  As a utility player, you will partner with cross-functional delivery teams, 3rd party vendors, and enterprise shared service functions, as single point of accountability for the business on initiative progress, providing regular executive dashboard updates to Group Insurance leadership.

You Are:

A seasoned Group Insurance professional with exceptional communication, presentation, storytelling, analytical, and change ready mindset as you will work closely with our business leaders, technology organization, and enterprise teams to bring together a holistic view of a portfolio investment.  The ideal candidate will be a strategic thinker and possess an optimistic, solutions-oriented approach with a drive for achieving business results.

You have:

• 4-year bachelor’s degree or equivalent work experience with minimum of 3 years of Group Insurance industry experience
• 8+ years of portfolio management, management consulting, product development, or operations experience
• Successfully led at least 3 or more large, cross-functional strategic programs
• Can work in a highly ambiguous and fast-paced environment
• Self-starter, highly motivated, strategic thinker who can lead independent stakeholder conversations and provide necessary thought leadership on program direction
• Can define and drive portfolio related business results, leveraging both business and technology disciplines
• Strong, proven communication, collaboration, and consensus building skills
• Ability to adjust communication style and content to all levels in the organization
• Experience synthesizing conceptual strategies and information into defendable portfolio investment proposals
• Comfortable with data analysis and presenting data in a meaningful way
• Highly organized and energetic with an entrepreneurial mindset
• Strong Group Insurance acumen and familiarity with a broad range of business processes beyond those impacted by your assigned book of portfolio initiatives
• Able to effectively interact with various levels of an organization to review portfolio performance

Preferred Qualifications:

• Management consulting experience a plus (tier 2 firm or higher)
• Group Insurance financial experience working within an office of the CFO, Chief Strategy Office (CSO) or financial planning and analysis, or distribution sales enablement function
• Experience in content creation and story telling
• Group insurance product management and distribution experience a plus
• Group Insurance industry knowledge

You will:

• Drive successful management for Group Insurance strategic portfolio investments across multiple domains within an agile delivery framework
• Create and present executive level initiative briefing materials, including regular portfolio steering committee meetings with Group Benefits Senior Leadership, IT, Enterprise Strategy, and other stakeholders
• Rally cross functional teams throughout the enterprise and hold teams accountable for deliverables and business results
• Leverage business knowledge and expertise to achieve desired outcomes
• Freely contribute unique opinions based on your experience while actively seeking the perspective of others

Reporting Relationships

As the Director of Portfolio Enablement, you will report to the Vice President of Portfolio Enablement and Product Delivery

Location

This position is hybrid with work from home flexibility.  You will need to be within commutable distance to a Prudential office and plan to be in the office at least twice per week. If based out of Newark, NJ you will need to be in the office three times per week.

Travel

Up to 10% within US

What we offer you:

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 $147,100.00 to $220,700.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• 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 Programs 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.  

• 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. 

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.