Vice President, Cost Optimization & Performance Management (COPM) job opportunity at Prudential Financial.



DatePosted 2 Days Ago bot
Prudential Financial Vice President, Cost Optimization & Performance Management (COPM)
Experience: 10-years
Pattern: full-time
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Cost Optimization & Performance Management (COPM)

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degreeMBA
loacation Newark, NJ, USA, United States Of America
loacation Newark, NJ, US..........United States Of America

Job Classification: Finance & Accounting - Finance & Accounting 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. The Vice President, Cost Optimization and Performance Management (COPM) is a senior finance leadership role within Group Insurance Finance, responsible for setting the strategic direction and execution of enterprise cost management, performance analytics, and expense governance across the GI business. This role partners closely with Group Insurance leadership, Corporate Finance, and functional leaders to ensure expense discipline, transparency, and alignment with strategic growth priorities. The current EWA for this position is Hybrid and requires your on-site presence 3 days per week. What to expect: Set and lead Group Insurance’s cost optimization and performance management strategy, including expense targets, governance frameworks, and transformation initiatives. Provide executive-level insight into expense drivers, productivity metrics, and operating leverage to inform strategic and financial decision-making. Oversee quarterly and annual expense reporting, analysis, and forecasting, including multi-year outlooks aligned to Group Insurance strategy. Partner with Controllers, FP&A, and Business Finance teams to ensure accurate expense recognition, accruals, and transparency across functions. Lead preparation and delivery of senior management materials, including Business Results Reviews and strategic cost deep dives. Support GI and enterprise strategic initiatives, including growth investments, transformation programs, and M&A-related cost assessments. Advance automation, data, and analytics capabilities to improve expense reporting efficiency, insight, and controls. Lead, mentor, and develop a high-performing team of finance professionals across onshore and offshore locations. What you'll need: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; advanced degree (MBA or equivalent) preferred. 10+ years of progressive experience in finance, with significant leadership experience in expense management, FP&A, controllership, or performance management. Deep understanding of financial reporting, forecasting, expense governance, and management judgment frameworks. Proven ability to lead complex, cross-functional initiatives and influence senior executive stakeholders. Strong people leadership experience, with a track record of developing and leading high-performing teams. Executive presence with the ability to translate complex financial analyses into clear, decision-ready insights. Strong analytical mindset with experience leveraging data, models, and systems to drive business outcomes. Ability to exercise sound financial judgment within robust governance and control environments. It'd be a plus if you had: CPA, CMA, or MBA designation. Experience leading large-scale cost transformation or finance modernization initiatives. Prior experience within insurance or financial services organizations. #LI-Hybrid What we offer you: 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 $178,600.00 to $267,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. 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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.    Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.   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.   If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com .     If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance .

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