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Average Salary for Prudential Employees

Based in Newark, N.J.,life insurance player Prudential offers many employment opportunities, including Life Insurance Underwriter and Financial Analyst positions. The average employee at Prudential takes home $66K annually. How long you've been working plays the largest role in compensation at Prudential, but your job title and your city affect income (to a lesser degree) as well. This report is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Prudential typically pays:
at market
 
Similar employers pay:
2%
above market
Similar companies include:
TD Banknorth, Cablevision Systems Corporation
Employer: Prudential
Average Salary Range by Job

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United States (change)


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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 around $64K per year on average. For those with one to four years of experience, median paychecks reach $52K annually. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make $85K per year on average.

Jobs

Senior Software Engineers represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $88K annually — though Business Analysts, Financial Analysts, and Life Insurance Underwriters also do fairly well at about $66K, $65K, and $53K, respectively. Prudential hands out some of the smallest paychecks to Financial Professional Associates (approximately $35K on average).

Locations

When it comes to location, the highest average paycheck ($97K per year) can be spotted in Hartford, Conn.; the company's headquarter city of Newark, N.J. ($82K), Philadelphia, Pa. (about $75K), and Shelton, Conn. (around $70K) are the next top-paying cities. Expected earnings are below average (about $49K) in Plymouth, Minn., one of the lowest-paid cities. Pay rates in the United States are highest in the state of Connecticut, where they average to $93K annually.

Certifications and Degrees

FINRA Series 7 General Securities Representatives have significantly higher pay than non-accredited workers at $99K per year. Bigger paychecks are awarded to Chartered Financial Consultants with credentials; these people earn $85K annually on average. It pays to have a Master of Science (MS), Physics at Prudential — these employees make the most at approximately $118K per year.

Skills

The highest-paying skill to have may be Strategic Marketing; employees who claim proficiency also report a higher average salary of around $93K annually. A relatively widespread skill at Prudential is Microsoft Excel; close to a fifth of employees use it for work. Three more common skills are Data Analysis, Project Management, and Financial Analysis.

Benefits and Perks

The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Most employees receive health insurance, and a fair number of workers get dental coverage. Privileges also include life insurance, tuition reimbursement, flexible hours, and a stock purchase plan.

Key Stats for Prudential

Gender

Female
45 %
Male
55 %
Salary
$31,037 - $91,577
Salary
$38,588 - $90,000
Less than 1 year
5%
1-4 years
27%
5-9 years
24%
10-19 years
33%
20 years or more
12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 31 votes.
United States (change)

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