Senior Compensation Analyst

Prudential Ins Co of America in

Newark (NJ)

Hybrid

USD 89,000 - 147,000

Full time

9 days ago

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Benefits offered by this job

Market competitive base salaries with

Job summary

Prudential Financial, Inc. in Newark, NJ is seeking a Senior Compensation Analyst (Finance) to partner with the People Team on data-driven compensation decisions, market pricing, and job evaluation.

This role focuses on building pay strategies across a hybrid work environment, requiring strong analytical skills, proficiency with Excel and compensation systems, and the ability to translate data into actionable insights for senior leaders.

Qualifications

  • Bachelor's degree in HR, Business, Finance, Data Science, Analytics, or related field, or equivalent experience.
  • Proven experience supporting compensation programs, market analysis, benchmarking, and survey participation.
  • Strong analytical and problem-solving skills with ability to interpret data and provide actionable recommendations.
  • Advanced Excel and data management capabilities; experience with automation, AI-enabled tools, predictive analytics, or modeling a plus.
  • Ability to synthesize large data sets and communicate insights to stakeholders.
  • Strong communication and presentation skills; ability to explain technical concepts to non-technical audiences.
  • Experience with Workday, CompAnalyst, or other compensation tech platforms is a plus.
  • Experience supporting global or international compensation programs is a plus.

Responsibilities

  • Partner with People Team leaders to support data-driven compensation decisions related to hiring, promotions, internal mobility, and talent management.
  • Develop compensation recommendations and analyses balancing internal equity, market competitiveness, and business needs.
  • Conduct market pricing, job evaluations, and benchmarking using survey data and external market intelligence.
  • Evaluate quality and relevance of compensation survey data and market sources.
  • Support evolution of Prudential's compensation philosophy, guiding principles, and programs.
  • Contribute to job architecture and catalog to support career pathing and market alignment.
  • Provide compensation support for emerging, high-demand roles.
  • Deliver analyses and insights to address workforce and talent-related challenges.
  • Collaborate on compensation projects and annual processes with effective execution and continuous improvement.
  • Translate complex compensation data into clear insights for leaders and non-technical audiences.

Skills

Analytical skills
Communication
Excel
Data visualization
Stakeholder management
Problem solving

Education

Bachelor's degree in HR/Business/Finance/Data Science
Advanced degree preferred

Tools

Workday
CompAnalyst
Excel (advanced)

Job description

Senior Compensation Analyst (Finance)

Job Classification:
Corporate - People Team

Your Team

The Compensation team within Prudential's Total Rewards organization plays a critical role in enabling data-driven talent decisions. Through market intelligence, compensation analytics, job architecture, and strategic consulting, the team partners across the enterprise to design and deliver compensation solutions that support business objectives and employee growth. The Senior Compensation Analyst will have the opportunity to work on high-impact initiatives while influencing pay decisions and compensation strategies across a diverse organization.

Location

Newark, NJ with a hybrid work arrangement ( 3 days/ week in office)

Here is What You Can Expect on a Typical Day

As a Senior Compensation Analyst, you will partner with People Team colleagues and business leaders to provide compensation insights, recommendations, and solutions that support talent and business strategies.

Key responsibilities include
  • Partner with People Business Leaders and business leaders to support data-driven compensation decisions related to hiring, promotions, internal mobility, and talent management.
  • Develop thoughtful compensation recommendations and analyses that balance internal equity, market competitiveness, and business needs.
  • Conduct market pricing, job evaluations, and benchmarking activities using survey data and external market intelligence.
  • Evaluate the quality, relevance, and applicability of compensation survey data and market sources to support compensation decisions.
  • Support the evolution and communication of Prudential's Compensation and Total Rewards philosophy, guiding principles, and programs.
  • Contribute to the ongoing enhancement of job architecture and the job catalog to support career pathing, talent planning, and market alignment.
  • Provide compensation support and guidance for emerging, high-demand, and strategically critical roles.
  • Deliver compensation analyses and insights that help address workforce, staffing, and talent-related challenges.
  • Partner on compensation projects and annual processes, ensuring effective execution and continuous improvement.
  • Translate complex compensation data into clear, actionable insights for leaders and non-technical audiences.
The Skills and Expertise You Bring
  • Bachelor's degree in Human Resources, Business Administration, Finance, Data Science, Analytics, or a related field, or equivalent professional experience; advanced degree preferred.
  • Proven experience supporting compensation programs, market analysis, benchmarking, and survey participation highly desired.
  • Strong analytical and problem-solving skills with the ability to interpret complex data and provide actionable recommendations.
  • Advanced Excel and data management capabilities; experience with automation, AI-enabled tools, predictive analytics, or modeling is a plus.
  • Ability to synthesize large volumes of data and communicate meaningful insights to a variety of stakeholders.
  • Strong verbal, written, and presentation skills, including the ability to explain technical concepts to non-technical audiences.
  • Proven ability to build relationships, collaborate across teams, and influence stakeholders at multiple levels.
  • Strong project management and organizational skills, with the ability to manage competing priorities and deadlines.
  • Detail-oriented and intellectually curious with a continuous improvement mindset.
  • Experience with Workday, CompAnalyst, or other compensation technology platforms is a plus.
  • Experience supporting global or international compensation programs is a plus.
  • Financial services industry experience is a plus.
Success in This Role

The successful candidate will be a strategic thinker who combines strong analytical capabilities with sound judgment, business acumen, and a collaborative approach. They will bring a passion for using data to solve complex people challenges while helping Prudential deliver competitive, equitable, and effective compensation programs.

#LIhybrid

What we offer you

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $89,000.00 to $147,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

  • Market competitive base salaries, with a yearly bonus potential at every level.
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
  • 401(k) plan with company match (up to 4%).
  • Company-funded pension plan.
  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com .

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

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