NJ Employer VP, Strategic Initiatives in newark, New Jersey

The scope of responsibility for the Strategic Initiatives group is expanding and Prudential is seeking a highly talented strategy executive to lead this new area of responsibility.The Strategic Initiatives group has three main areas of responsibility: driving Prudentials cross-business thought leadership initiative; supporting strategy development within and across U.S. businesses through the NextGen strategy team, including exploring new market opportunities; and providing support to the COO of the U.S. business and the Chairman and CEO of Prudential (primarily developing presentations for key initiatives and external audiences, including the Board of Directors).While each member of the Strategic Initiatives group may be called upon to support any of these three areas of responsibility, the new Vice President, Strategic Initiatives will primarily be responsible for leading Prudentials cross-business strategy development and pursuit of transformational growth opportunities across five institutional and retail businesses.The Vice President will be required to work closely with all members of the Strategic Initiatives group, as well as collaborate with the heads of strategy and other senior leaders of the U.S. businesses and Corporate Functions. Certain projects will involve collaborating with industry or academic experts outside of the firm.KEY RESPONSIBILITESAct as the primary owner for strategy development efforts that span multiple U.S. businesses. Structure strategy projects and lead execution of these projects in collaboration with senior leaders across the U.S. businesses. The audience for these projects will typically include the Heads of the U.S. businesses and/or the Executive Vice President and Chief Operating Officer for the U.S. businesses.Work closely with the Head of the NextGen Strategy team and the Head of Strategic Initiatives group, and partner with business heads and other key executives, to identify new growth opportunities.Work with the heads of strategy for each of the U.S. businesses with respect to identifying partnerships and acquisitions to further enable U.S. strategy and to manage the annual planning process to identify and prioritize cross-business strategic issues.Engage the senior leadership team in a strategic dialogue regarding business opportunities, including marketing, product and distribution. Be a trusted advisor to senior management and a key contributor to the growth and development of the U.S. businesses.Partner with and manage relationships with external academics and/or research firms to conduct research efforts and analytical support for strategy development.Work closely with the Head of Strategic Initiatives and a peer to oversee the Strategic Initiatives group, including talent management and priority setting.Manage one or two NextGen Strategy team members.VEVRAA Federal ContractorRequest Priority Protected Veteran ReferralsEOE -Veteran /Disabled/Minority/AA/F/M/SO