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Senior Manager, Financial Performance Oversight
2 months ago
At Prudential, we strive to be partners for every life and protectors for every future. Our purpose drives everything we do, creating a culture of diversity and inclusion for our people, customers, and partners. We empower our employees to excel and make a meaningful impact on the business.
This role involves overseeing the financial performance of a group or line of business within an organization. Key responsibilities include designing financial frameworks, partnering with finance teams, monitoring financial data, and developing performance metrics.
Key Responsibilities
- Design and implement financial frameworks to effectively manage a health insurance business.
- Partner with LBU Finance Teams to support efficient collection and reporting of health-specific financial data.
- Monitor and analyze financial data to assess the financial health performance of the group or LBU.
- Develop and implement financial performance metrics and KPIs to track and measure key financial indicators.
- Conduct financial analysis to identify trends, variances, and opportunities for improvement.
- Prepare financial reports for senior management and other key stakeholders.
- Participate in budgeting, forecasting, and strategic planning processes to support financial goals and objectives.
- Support local Activity-Based Costing (ABC) initiatives for accurate expense allocations.
- Ensure compliance with financial regulations and internal controls policies.
- Identify risks and opportunities related to financial performance and develop strategies to mitigate risks and capitalize opportunities.
Qualifications
- Bachelor's degree in finance, accounting, business administration, or a related field.
- Experience in financial management of a health insurance business.
- Proven experience in financial analysis, performance monitoring, and reporting within a corporate or financial services environment.
- Strong analytical skills and proficiency in financial modeling.
- Knowledge of financial principles, accounting standards, and financial regulations.
- Ability to communicate complex financial information effectively to stakeholders at various levels of the organization.
- Ability to work collaboratively with cross-functional teams and business units.