Jobs · New Jersey

Senior Compensation Analyst

Prudential Financial · Newark, NJ · 2 wk ago
$89k–$147k/yrFull-time

Prudential’s Compensation team within the Total Rewards organization enables 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.

About the role

The Senior Compensation Analyst will work on high-impact initiatives, influencing pay decisions and compensation strategies across a diverse organization. This is a hybrid role based in Newark, NJ, with a requirement to work in the office 3 days per week.

Responsibilities

  • 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.

Requirements

  • 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.
  • 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.

Pay

The salary range for this role is $89,000 to $147,000, with specific pricing varying based on geographic location, candidate experience, and skills. The role includes potential for a yearly bonus at every level.

Benefits

  • Market competitive base salaries.
  • Medical, dental, vision, life insurance, and disability insurance.
  • Paid Time Off (PTO) and leave of absences, including 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 wellbeing-related purchases.
  • Work/Life Resources supporting parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Education Benefit to finance traditional college enrollment or 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 based on individual and organizational performance.

Some benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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