Vice President, Life Product Lead (Hybrid)

Job Classification:

Product Management - Product Management

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!

Prudential's Group Insurance business manufactures and distributes a full range of group life, long-term and short-term group disability, supplemental health, and group corporate, bank and trust owned life insurance in the U.S., primarily to institutional clients for use in connection with employee and membership benefits plans. Group Insurance also sells accidental death and dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.

The Group Insurance business is undergoing a transformation which includes expanding product offerings and driving sustainable, profitable growth.

We are currently seeking a passionate individual to become part of the Product organization, as Life Product Lead. This role will report into the VP, Head of Life, Absence & Disability and will be accountable for creating and delivering on a Product strategy and roadmap that is aligned to the P&L's overall priorities, with a focus on profitably expanding Prudential's substantial group life book of business. They will lead a team that is aligned to the Group Life product family with responsibility for Life & AD&D Products plus related services and customer experiences.

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.

What you can expect:

• Partnering with the Head of Life, Absence & Disability Products to manage the product strategy and multi-year product roadmap, delivering on all necessary maintenance activities, planned enhancements to the products and related capabilities, and new development activities.

• Monitoring and responding to evolving client needs, state and federal policy changes, and the competitive landscape.

• Providing strategic guidance and acting as a point of escalation for Life product management activities.

• Partnering closely with technology, claims, distribution, account management, finance, underwriting, and operations to construct and enable Prudential's Group Life value proposition, deliver strong economic value, and ensure effective operational delivery.

• Monitoring all aspects of the value stream from quote to claim for the Life product portfolio, including related industry trends, and applying knowledge gained to enhance existing products and design innovative new products and features that position Prudential as a market leader.

• Working closely with business partners to identify new features and enhancements that will result in improved client and customer experience, improved customer wellbeing, increased sales, participation, and persistency.

• Managing product performance in market to ensure they are performing as desired by monitoring key metrics and having collaborative discussions with distribution, underwriting and actuarial.

• Interacting with key customer and broker partners, participating in advisory board, stewardship, sales, and renewal presentations as needed as Prudential's Life product expert.

• Managing Life-related vendor relationships and vendor performance.

• Reporting product performance and strategy to key customers including on governance calls and with senior leadership.

• Defining capabilities and processes required to effectively execute and deliver the products and capabilities to partners, stakeholders, and customers through strong partnerships with technology and operations.

• Leading, coaching, developing, and providing strategic guidance for team members while fostering a culture of innovation and inclusion.

What you'll need:

• A leader with significant experience in Product Management in the Group Insurance market, specifically with the Life product set, and strong people management skills.

• A problem-solver who exhibits sound business judgement and innovative applications of risk adherence who can adapt as necessary and appropriate to the situation.

• Adept at navigating ambiguous situations, demonstrating resilience, and operating in the "grey".

• Strong external & customer focus with the ability to navigate internal teams and process to deliver on objectives and goals.

• Strong collaborator who proactively partners across teams in pursuit of consistent and quality customer experience.

• An intelligent and thoughtful, yet decisive and action-oriented individual with negotiation and influencing skills.

• The ability to think strategically and plan for the long-term outcomes yet balance short-term needs of the business.

• Strong results-orientation, with the desire and drive required to accomplish stated objectives.

• Data driven and will make decisions informed by reliable data and insights.

• Agile and adaptable, prepared to use their experience in leading and building in a transforming environment.

• Strong interpersonal skills, clear communication skills, team orientation, and the desire and ability to work with business partners across the organization.

Prudential supports all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• 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

• Retirement plans:

• 401(k) plan with company match (up to 4%)

• Company-funded pension plan

• Wellness Programs to help you achieve your wellbeing goals, 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.

• Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.

• 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.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

#LI-RRJ

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 $180,600.00 to $244,400.00. 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.