The highest average salaries go to Actuaries, who bring in close to $112K per year, though Manager, Financial Planning & Analysiss are not far behind at approximately $99K along with Marketing Managers ($87K) and Executive Assistants ($67K). Near the bottom at Prudential are Financial Professional Associates, pulling in an average of just around $27K.
When it comes to location, the highest average paycheck (about $110K annually) can be spotted in Shelton, Conn.; New York, N.Y. ($97K), Hartford, Conn. ($91K), and the company's headquarter city of Newark, N.J. (about $84K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Chicago, Ill. — at around $39K, salaries are some of the lowest in the country. By state, Prudential employees make the most in New York, earning approximately $97K per year on average.
Years of Experience
Those with one to four years of experience at the company can expect to make $57K annually on average. Respondents who have been working for five to nine years make around $79K per year on average. Overall, the greater share of Prudential folks have 10-19 years of experience and earn an average $98K annually.
Certifications and Degrees
Being an Associate of Society of Actuaries Member certainly has its perks — salaries approach approximately $111K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn about $104K annually on average. Prudential compensates Master of Business Administration (MBA), General Business-holders the most at $140K per year.
In this role, the best-paying skill appears to be Business Analysis; individuals who claim it among their capabilities enjoy a higher median salary of $107K annually. Data Analysis is a popular skill among Prudential workers, with just under a fifth of those surveyed reporting using it on the job. Other top skills include Microsoft Excel, Customer Service, and Project Management.
Benefits and Perks
Prudential helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Prudential provides health insurance to nearly all workers, and a large number of survey participants do receive dental coverage. Additional benefits of working here are tuition reimbursement, life insurance, a stock purchase plan, and flexible hours.