Actuaries are awarded the highest paychecks, with compensation nearing $112K per year on average; Senior User Experience Designers are next on the list, bringing in close to about $102K, followed by Manager, Financial Planning & Analysiss earning approximately $99K and Marketing Managers making around $87K. Financial compensation for Financial Professional Associates is rather low — on average only $29K — relative to the rest of the company.
When it comes to location, the highest average paycheck ($110K annually) can be spotted in Shelton, Conn.; New York, N.Y. (approximately $100K), Hartford, Conn. (about $91K), and the company's headquarter city of Newark, N.J. ($85K) 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. Within the firm, employees working in New York take home the most — $100K per year on average.
Years of Experience
Those with one to four years of experience at the company can expect to make $55K annually on average. Average pay is about $80K per year for those with five to nine years of experience. Overall, the greater share of Prudential folks have 10-19 years of experience and earn an average approximately $104K annually.
Certifications and Degrees
Associate of Society of Actuaries Members receive bigger paychecks ($111K per year) than those without credentials. Certified Public Accountants also rank high on the pay scale, with expected average earnings of around $104K annually. At Prudential, employees who hold a Master of Business Administration (MBA), General Business receive the highest salaries at $140K.
The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of $107K per year. Microsoft Excel is regularly seen around here; just under one in five of those surveyed report it as a core competency. Data Analysis, Customer Service, and Financial Analysis were also reported by many survey participants.
Benefits and Perks
Those seeking to set aside retirement funds can rely on several savings options such as a 401(k) plan and a company pension plan. The vast majority of employees receive health insurance, and a large number of workers get dental coverage. Some other advantages of working at Prudential are life insurance, tuition reimbursement, a stock purchase plan, and flexible hours.