Senior Financial Performance Manager
7 days ago
At Prudential, we are committed to being partners for every life and guardians for every future. Our mission fosters a culture where diversity is embraced and inclusion is guaranteed for our employees, clients, and partners. We offer a platform that empowers our team to excel and make a significant impact on the business while supporting their career aspirations. We strive to make Prudential a workplace where you can Connect, Grow, and Succeed.
This position entails overseeing the evaluation of financial performance across a specific group or business unit within the organization.
Key Responsibilities
- Establishing effective financial frameworks to manage a health insurance operation.
- Collaborating with Local Business Unit Finance Teams to facilitate the efficient gathering and reporting of health-related financial data.
- Monitoring and evaluating financial information to determine the financial health of the group or Local Business Unit.
- Creating and implementing financial performance indicators and metrics to assess and measure essential financial benchmarks.
- Conducting thorough financial analyses to uncover trends, discrepancies, and opportunities for enhancement.
- Generating financial reports for senior leadership and other critical stakeholders.
- Engaging in budgeting, forecasting, and strategic planning activities to support financial objectives.
- Assisting with local Activity-Based Costing (ABC) initiatives to enable more precise expense allocations.
- Ensuring adherence to financial regulations and internal control policies.
- Identifying financial performance risks and opportunities, developing strategies to mitigate risks and leverage opportunities.
- Fostering a shared understanding of the key factors influencing the profitability of the health insurance portfolio, supporting the business in balancing growth with long-term sustainability.
Qualifications
- Bachelor's degree in finance, accounting, business administration, or a related discipline.
- Experience in financial management within the health insurance sector.
- Demonstrated expertise in financial analysis, performance monitoring, and reporting in a corporate or financial services context.
- Strong analytical capabilities and proficiency in financial modeling.
- Understanding of financial principles, accounting standards, and regulatory requirements.
- Ability to convey complex financial information clearly to stakeholders at various organizational levels.
- Capacity to collaborate effectively with cross-functional teams and business units (Excel, SAP, Tableau).
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