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Average Salary for Prudential Employees

Newark, N.J.-based Prudential hires for positions ranging from Life Insurance Underwriter to Financial Analyst in the life insurance. A salary of $65K annually is the median rate at Prudential. Though where you live and your role at the company are influential salary factors for those at Prudential, how long you've been working turns out to have the greatest impact on paycheck size. The data in this summary comes from the PayScale salary survey.

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How This Employer Pays

Prudential typically pays:
1%
above market
Similar employers pay:
2%
above market
Similar companies include:
TD Banknorth, Cablevision Systems Corporation
Employer: Prudential
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Customer Service Representative (CSR) (6)
$24,958 - $51,272  
   
[-]Customer Service Representative (CSR) (6)
Salary$24,651 - $47,627  
   
Bonus$283.93 - $4,655  
Total Pay$24,958 - $51,272  
[+]Insurance Underwriter, Life (6)
$37,594 - $104,941  
   
[+]Insurance Underwriter, Life (6)
Salary$37,803 - $83,656  
   
Bonus$1,777 - $24,410  
Total Pay$37,594 - $104,941  
[+]Administrative Assistant (4)
$19,440 - $41,541  
   
[+]Administrative Assistant (4)
Salary$22,807 - $46,110  
   
Total Pay$19,440 - $41,541  
[+]Financial Analyst (4)
$48,537 - $99,253  
   
[+]Financial Analyst (4)
Salary$48,075 - $87,490  
   
Bonus$1,612 - $12,093  
Total Pay$48,537 - $99,253  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 29 Mar 2015 | Individuals Reporting: 187

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About This Company

751 BROAD ST
Newark, New Jersey 07102

1875

Life Insurance


Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Survey participants who have worked at Prudential for between five and 10 years earn $60K per year on average. For those with one to four years of experience, median paychecks reach around $54K annually. The largest fraction of Prudential people (35 percent) have been working for 10-19 years and earn $81K per year on average.

Locations

When it comes to location, the highest average paycheck (approximately $97K annually) can be spotted in Hartford, Conn.; the company's headquarter city of Newark, N.J. (about $81K), Philadelphia, Pa. ($75K), and Roseland, N.J. (approximately $65K) are the next top-paying cities. Dubuque, Iowa is one of the lowest-paid cities, with earnings averaging about $45K. By state, the highest compensation levels appear in Connecticut, where the average salary is $93K per year.

Jobs

Nearing the top of the pay scale are Senior Software Engineers, Financial Analysts, Rehabilitation Specialists, and Life Insurance Underwriters; while the first receives the highest median pay at $88K annually, the other salaries come in at around $65K, $62K, and around $53K, respectively. With salaries averaging about $40K, Office Administrators are among the lowest paid at Prudential.

Certifications and Degrees

Chartered Financial Consultants earn $101K per year, far more than their non-accredited counterparts. Acquiring certification to be a FINRA Series 7 General Securities Representative is rewarded with median pay of approximately $99K annually. Employees who have a Master of Science (MS), Physics make the most here, hauling in $118K per year.

Skills

When it comes to skills, Strategic Marketing seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $93K annually. Microsoft Excel also popped up often in the survey as an important skill; nearly one-fifth of employees surveyed report using it at work. Key skills also include Data Analysis, Customer Service, and Project Management.

Benefits and Perks

Employees looking to save up for old age can choose from several options 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 fair number of survey participants. The company also dishes out perks such as life insurance, tuition reimbursement, flexible hours, and a casual working environment.

Key Stats for Prudential

Gender

Female
46 %
Male
54 %
Salary
$31,913 - $90,102
Salary
$38,588 - $87,003
Less than 1 year
5%
1-4 years
26%
5-9 years
24%
10-19 years
32%
20 years or more
12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 33 votes.
United States (change)

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