Vice President, Business Development

Company: Prudential
Location: Newark
Posted on: May 25, 2023

Job Description:

Job Classification:


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


The Corporate Strategy team partners directly with the CEO, Executive Leadership Team (ELT) members, and Business Presidents to help solve the most important and complex questions and challenges facing Prudential. The team focuses on enterprise-level issues, including strategy, business development, resource allocation, and growth initiatives.


The individual in this role will report directly to the Head of Business Development and will partner with Business Leaders, BU Strategists, Finance, Treasury, Corporate Development, and the broader Corporate Strategy team to support various projects and initiatives.


The individual in this role will be a senior member of the Corporate Strategy team focused on the support of Business Development efforts. Leveraging their internal and external experience and network, the individual in this role will be encouraged to bring new ideas, make connections, and create relevance with our current and potential partners.


Responsibilities:


Work with Businesses and Corporate Development to scope out range of potential development ideas and build models to analyze impact to Prudential

Develop presentations for delivery to ELT covering growth options and implications

Identify important relations to develop on path towards future development ideas

Develop and maintain relationships with external constituencies to source transactional opportunities and market insights

Conduct deep dive analysis of relevant competitors across actuarial finance and product issues

Monitor market developments to identify trends to influence strategy or specific desired transactions

Understand Prudential specific constraints and develop approaches to optimize on relative basis


Skills/Requirements:


Bachelor's degree required; advanced degree or CFA preferred.

Minimum of 8 to 10 years of relevant experience with requisite competencies in corporate finance, business development, financial modeling, presentations, reinsurance, and ALM

Excellent verbal, written, and presentation skills for both internal and external audiences.

Exceptional collaboration, interpersonal, and influencing skills.

Project-oriented and able to quickly adapt to changing priorities and responsibilities.

Creative and strategic thinking that inspires action by identifying and connecting opportunities, seeing gaps, and finding points of connectivity across the enterprise.

Demonstrates courage to act as a disruptor, challenge and push thinking toward better outcomes


Note: 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 $218,000.00 to $295,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.


Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.


Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.


We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.


Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.


The Prudential Insurance Company of America, Newark, NJ and its affiliates.


Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.


PEOPLE WITH DISABILITIES:

If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com .


Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

Keywords: Prudential, Newark , Vice President, Business Development, Executive , Newark, New Jersey