Earning $128K annually on average, Actuaries receive the most money, followed by Accounting Managers (about $93K), Senior Actuarial Associates ($82K), and Actuarial Associates (approximately $75K). Near the bottom at Prudential Financial Inc. are Financial Professional Associates, pulling in an average of just $30K.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $82K per year. When we consider tenure, a substantial portion of employees (31 percent) have been working for one to four years and make $61K annually on average.
When it comes to location, the highest average paycheck (approximately $94K per year) can be spotted in New York, N.Y.; the company's headquarter city of Newark, N.J. (about $86K), Shelton, Conn. ($82K), and Hartford, Conn. ($79K) are the next top-paying cities. At around $74K, Portland, Maine is home to some of the lowest pay in the country. By state, Prudential Financial Inc. pays its New York employees the most; the pay rate there is $94K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Project Management Professionals, who make approximately $129K per year. Earning an Associate of Society of Actuaries Member certification garners significant financial rewards of around $99K annually on average. Prudential Financial Inc. provides the highest financial reward to those with a Master of Computer Science (MCS) — these employees rake in about $118K per year.
In this role, the best-paying skill appears to be SQL; individuals who claim it among their capabilities enjoy a higher median salary of $86K annually. A common skill in Prudential Financial Inc.'s work force is Microsoft Excel; slightly less than a fifth of survey participants report using it on the job. Financial Analysis, Project Management, and Microsoft Office were also reported by many survey participants.
Benefits and Perks
Prudential Financial Inc. helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. Health insurance comes as part of the deal for most workers, and a large number of employees report receiving dental coverage as well. Additional benefits of working here are tuition reimbursement, life insurance, a stock purchase plan, and gym membership.