Job Description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Key Accountabilities :

1. Expense Analysis and Reporting: Conduct detailed analysis of expenses to identify trends, variances, and opportunities for cost savings. Reporting includes but is not limited to OCC, Prudential/BSN Group reporting, BNM RMIT reporting, etc.

2. Budgeting and Planning: Lead the annual budgeting and planning process for the expenses management team. Ensure alignment of budget plans with organizational goals and financial strategies.

3. Budget Utilization Monitoring: Monitor budget utilization and provide regular updates to the Head of Expenses Management. Identify and address any discrepancies or deviations from the budget.

4. Expense Management and Monitoring: Oversee the management and monitoring of EEV expenses. Implement and maintain effective expense management processes and controls.

5. Support and Direction for Expenses Management Operations: Provide comprehensive support and direction to the Expenses Management Operations team, including but not limited to expected provision listing, monthly closing targets, verifying Capex invoices, conducting expense analysis and reporting, assisting in budget preparation and monitoring, and offering ad-hoc financial support.

6. Collaboration with Actuarial and Reporting Teams: Work closely with actuarial and reporting teams to support expense studies and analyses. Provide financial insights and recommendations to support actuarial assumptions and reporting requirements.

7. Process Improvement: Identify opportunities for process improvements in expense management - FP&A team. Implement best practices and innovative solutions to enhance efficiency and effectiveness.

8. Stakeholder Management: Build and maintain strong relationships with key stakeholders, including department heads, business owners, and external partners. Communicate effectively to ensure alignment and collaboration across teams.

9. Collaboration with Business Owners: Work closely with all business owners to understand their financial needs and provide support for expense management. Ensure that business owners are informed and aligned with expense management strategies and processes.

10. Compliance and Governance: Ensure compliance with regulatory requirements and internal policies.

11. Assist the team in other ad-hoc projects as assigned by the Head of Expenses management and/or Finance Director.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Job Requirements