The highest paychecks go to Actuaries, who earn an average $115K per year, closely trailed by Manager, Financial Planning & Analysiss ($99K), Marketing Managers (about $87K), and Financial Analysts ($65K). Financial Professional Associates make an average around $29K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (approximately $120K annually) can be spotted in New York, N.Y.; Shelton, Conn. ($110K), Hartford, Conn. ($93K), and the company's headquarter city of Newark, N.J. (about $85K) are the next top-paying cities. Approaching the lower end of the pay scale (at $39K) is Chicago, Ill. Across its U.S. offices, the state of New York pays Prudential the most — approximately $120K per year on average.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $77K annually. Those with one to four years of experience at the company can expect to make about $56K per year on average. The largest fraction of Prudential people (34 percent) have been working for 10-19 years and earn $105K annually on average.
Certifications and Degrees
Associate of Society of Actuaries Members earn $111K per year, far more than their non-accredited counterparts. Earning a Chartered Financial Analyst certification garners significant financial rewards of approximately $109K annually on average. Prudential provides the highest financial reward to those with a Master of Business Administration (MBA), General Business — these employees rake in around $140K per year.
The highest-paying skill in this position seems to be Project Management; individuals who report it as part of the repertoire have a median income of $108K annually. Microsoft Excel is regularly seen around here; one in five of those surveyed report it as a core competency. Key skills also include Data Analysis, Customer Service, and Financial Analysis.
Benefits and Perks
Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. Perks cover health insurance for a large number of survey participants and dental coverage for a large number of respondents. Some other perks are life insurance, tuition reimbursement, a stock purchase plan, and flexible hours.