Manager, Operational Risk Management - Group Insurance (Hybrid)

Prudential FinancialScranton, PA
4dHybrid

About The Position

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! As a member of a first-line operational risk management team within a business unit, the Manager of Operational Risk Management will be responsible for providing direction to the business unit in developing and maintaining an effective and efficient risk management program. Efforts are geared toward ensuring that operational risks when weighed against business opportunities are well managed and acceptable. The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

Requirements

  • Superior relationship management skills with the ability to partner and build professional relationships in a cross-functional environment
  • Works independently and delivers high quality outputs
  • Proactive, driven professional with the ability to operate effectively from the conceptual stage through to successful implementation
  • Clear and effective writing skills
  • Uses strong influencing skills to achieve objectives
  • Adaptability and flexibility to work effectively with a diverse portfolio of people, processes and functions

Responsibilities

  • Promotes and builds strong risk management culture in Group Insurance through strong engagement and relationship building with senior management
  • Resolving challenging, sensitive, and/or urgent risk issues
  • Providing Operational Risk support and advice to business partners, including facilitating assessments of strategic initiatives and ensuring appropriate controls are implemented
  • Applies sound judgment in the evaluation of risks and controls. Effectively challenges adequacy of controls.
  • Advises Group Insurance on the development and implementation of action plans to address control gaps
  • Proactively partners with Risk Management counterparts to identify risk management processes with enterprise-wide implications and effective methods to evaluate control effectiveness
  • Assists senior leaders with preparation of materials for Operational Risk Committees
  • Reviews key indicators and assists the in the early identification of trends and recommend opportunities for effectiveness and efficiencies.

Benefits

  • 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.
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