Prudential Financial

Director, Strategic Initiatives – Group Insurance/Claims

Prudential Financial

full-time

Posted on:

Location: Arizona • 🇺🇸 United States

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Salary

💰 $152,500 - $206,200 per year

Job Level

Lead

About the role

  • Operationalize and drive the Group Insurance transformation vision and strategy within claim operations to achieve required business outcomes.
  • Participate in large-scale, cross-functional initiatives in a fast-paced, outcomes-oriented environment.
  • Drive enhanced customer and employee experiences through innovative process improvements, new technology adoption, and by challenging the status quo.
  • Provide strategic direction and facilitate the development of specific business requirements.
  • Lead the identification, allocation, and coordination of subject matter expert resources.
  • Collaborate with internal and external partners and engage regularly with senior executives.
  • Implement industry-leading change management and operational readiness programs.
  • Ensure end-user training, continuous improvement and full user adoption of transformed processes and technologies.
  • Oversee detailed project tracking, reporting, and budgetary planning of assigned initiatives.
  • Leverage a wide network of business partners in support of new technology adoption.
  • Develop and maintain relationships with key stakeholders, including internal and external partners.
  • Monitor industry trends and emerging issues related to claims excellence and adjust strategies accordingly.
  • Develop and manage key performance indicators (KPIs) to measure the effectiveness and efficiency of deployed solutions.
  • Participate in industry conferences and events to stay current on emerging best practices and developments.
  • Work closely with internal partners to ensure that all claims processes comply with regulatory requirements, internal policies, and Prudential’s high ethical standards.
  • Serve as a subject matter expert on group claims excellence topics, both internally and externally.
  • Recommend technology solutions and process enhancements to improve claims management processes and partner with internal and external partners to implement and execute.

Requirements

  • Bachelor's degree in business, insurance, or a related field preferred.
  • A minimum of 7 years of experience in group insurance, disability and absence claims, is required for this role.
  • Experience leading transformational efforts encompassing artificial intelligence, data science, process reengineering, continuous improvement 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.
  • Proven ability to effectively manage relationships with both internal and external partners.
  • Demonstrated success in leading large-scale change management initiatives.
  • Provide ongoing coaching and mentoring to team members, and establish mechanisms for continuous improvement and training that fosters professional growth and ensures the development of high-performing, claim teams.
  • Ability to travel, based on business and customer needs (up to 25%).