Full-Time

Vice President

Claims Excellence

Confirmed live in the last 24 hours

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$171.5k - $232kAnnually

+ Bonus

Senior, Expert

Newark, NJ, USA

Hybrid work arrangement requiring at least two days per week in-office at one of the major hubs.

Category
Project Management
Strategy Development
Business & Strategy
Required Skills
Data Science
Data Analysis

You match the following Prudential Financial's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 10 years or more of experience in group insurance claims, with additional experience in related service functions (billing, onboarding, customer excellence, and/or implementation)
  • 3 years or more of leading multiyear transformational efforts encompassing artificial intelligence, data science, process reengineering, and technology solutions
  • Strong knowledge of insurance industry regulations, policies, and procedures
  • Detail-oriented with strong organizational skills and an ability to manage and execute simultaneous projects and tasks
  • An inspirational leader, who inspires and creates followership
  • Demonstrates an ability to think strategically and balance short-term and long-term needs
  • Strong interpersonal abilities, clear communication skills, team orientation, and the desire and ability to work with business partners across the organization in a matrixed environment
  • Experience with data science and analytics, including the ability to interpret and present data to senior management
  • Proven ability to effectively manage relationships with both internal and external partners
  • Demonstrated success in leading large-scale change management initiatives
  • Strong financial acumen and the ability to manage budgets and expenses effectively
  • Ability to travel, based on business and customer needs (up to 25%)
Responsibilities
  • Responsible for the full scope of success for internal/external technology engagements related to Claims excellence
  • Monitors industry trends and emerging issues related to claims excellence and adjusts strategies accordingly
  • Recommends technology solutions to improve claims management processes and partners with internal and external partners to implement and execute
  • Serve as a subject matter expert on disability, absence and supplemental health claims excellence topics, both internally and externally
  • Works closely with internal partners to ensure that all claims processes comply with regulatory requirements, internal policies, and Prudential’s high ethical standards
  • Provides strategic direction and facilitates the development of specific business requirements
  • Leads the identification, allocation, and coordination of subject matter expert resources
  • Lead, mentor, and develop a team of direct and indirect reports to achieve business outcomes
  • Collaborates with internal and external partners and engages regularly with senior executives
  • Implements industry-leading change management and operational readiness programs
  • Ensures end-user training and full user adoption of transformed processes and technologies
  • Oversees detailed project tracking, reporting, and budgetary planning of assigned initiatives
  • Leverages a wide network of business partners in support of new technology adoption
  • Develops and maintains relationships with key stakeholders, including internal and external partners
  • Develops and manages key performance indicators (KPIs) to measure the effectiveness and efficiency of deployed solutions
  • Participates in industry conferences and events to stay current on emerging best practices and developments
Desired Qualifications
  • Bachelor's degree in business, insurance, or a related field preferred
  • Prior experience leading in an Agile environment, including working closely with Product Owners, Business Analysts, and Developers to deliver high-quality solutions that meet customer needs is preferred, but not required

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning. The goal of Prudential is to ensure that clients are well-prepared for their financial futures.

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, New Jersey

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's investment in FIDx aligns with the digital transformation trend in financial services.
  • The appointment of Susan Somersille Johnson may boost global marketing and brand strategy.
  • Involvement in N.J. CEO Council enhances corporate social responsibility and community engagement.

What critics are saying

  • Increased competition in Asia may challenge Prudential's market penetration and profitability.
  • Over-reliance on technology platforms like FIDx could expose Prudential to operational risks.
  • Commitment to job creation and procurement spending may strain resources and impact finances.

What makes Prudential Financial unique

  • Prudential Financial offers a comprehensive range of financial services globally.
  • The company focuses on long-term relationships and comprehensive financial planning.
  • Prudential leverages digital transformation to enhance its service offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Company Equity

Wellness Program

Work/Life Resources

Education Benefit

Employee Stock Purchase Plan

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