PGIM People Team, Compensation Analyst (Hybrid)
PGIM · Newark, NJ · 2 wk ago
Human Resources$80k–$95k/yrFull-time
About the role
The PGIM People Team is seeking a Compensation Analyst to support the PGIM Total Rewards function. This role will focus on the administration and governance of PGIM's carried interest and co-investment programs, as well as participant lifecycle management across multiple funds.
Responsibilities
- Maintain and update participant data across carried interest and co-investment programs, including eligibility, vesting allocations, and leaver status.
- Support the end-to-end onboarding process for participant investment opportunities, including eligibility tracking, elections, and execution of documentation.
- Aid in preparing reporting materials, including data analysis, participant summaries, and program insights for senior stakeholders.
- Prepare and rollout fund offerings and employee investment materials.
- Respond to general inquiries related to the carried interest and co-investment programs.
- Partner with Legal to support documentation and participant onboarding across multiple jurisdictions and structures.
- Coordinate with Finance and third-party administrators to ensure accurate tracking of allocations, commitments, and funding activity.
- Work with Payroll and Tax teams to support data and reporting requirements.
- Maintain accurate program data across internal systems and trackers, ensuring consistency across stakeholders.
- Assist in process improvement initiatives and documentation of standard operating procedures.
- Support system enhancements and scaling efforts as the program evolves across the firm.
Requirements
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- 1-3 years of experience (or extended internship) in asset management, private markets, compensation, or fund operations.
Qualifications
- Curiosity and creativity: developing innovative approaches to solving compensation-related challenges and improving ways of working.
- Excellent analytical and data analysis skills; the ability to tell a story and derive insight from analysis to impact business decisions.
- High attention to detail and strong ability to manage multiple workstreams with tight deadlines.
- Strong Microsoft Excel and data management skills; ability to work with complex datasets across multiple funds.
- AI-promoting skills that support the use of Microsoft Co-Pilot within workload.
- Strong relationship-building, partnering, influencing, interpersonal, and collaborative skills.
- Excellent work ethic and self-motivated; able to manage work in a high-volume, fast-paced environment, juggle multiple priorities, and flexibility to work extended hours as needed.
Skills
- Technical skills: Strong Microsoft Excel and data management skills; ability to work with complex datasets across multiple funds.
- AI-promoting skills that support the use of Microsoft Co-Pilot within workload.
Benefits
- 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), after one year of service.
- 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.