Earning approximately $115K per year on average, Actuaries receive the most money, followed by Manager, Financial Planning & Anaysiss ($102K), Financial Analysts (about $65K), and Procurement Analysts ($56K). Among the lower-paid positions at Prudential are Financial Professional Associates — the median salary for this role approaches around $29K.
When it comes to location, the highest average paycheck ($110K annually) can be spotted in New York, N.Y.; Shelton, Conn. (about $100K), Hartford, Conn. ($96K), and the company's headquarter city of Newark, N.J. ($87K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Chicago, Ill. — at approximately $39K, salaries are some of the lowest in the country. Across its U.S. offices, the state of New York pays Prudential the most — $100K per year on average.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to around $71K annually. For those with one to four years of experience, median paychecks reach approximately $53K per year. The largest slice of the Prudential workforce (34 percent) has been working for 10-19 years and earns, on average, $106K annually.
Certifications and Degrees
Associate of Society of Actuaries Members have significantly higher pay than non-accredited workers at $111K per year. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn around $106K annually on average. The best paid folks at Prudential have a Master of Business Administration (MBA), General Business, earning $140K per year.
The highest-paying skill to have in this role seems to be Business Analysis; employees claiming this as part of the toolbox earn a median of about $109K annually. A common skill in Prudential's work force is Microsoft Excel; close to a fifth of survey participants report using it on the job. Data Analysis, Customer Service, and Financial Analysis were also reported by many survey participants.
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. Most workers report having health insurance, and a large number of respondents report having dental coverage. Prudential also dishes out privileges such as life insurance, tuition reimbursement, a stock purchase plan, and flexible hours.