Prudential Reviews in New York City, NY | Glassdoor

Prudential New York City Reviews

Updated August 23, 2017
465 reviews

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465 Employee Reviews

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  1. "salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Intern in Newark, NJ
    Current Intern - Intern in Newark, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Prudential as an intern (More than a year)

    Pros

    great company, Definitely recommend to people working here.

    Cons

    Minimal cons for Pru, only thing is Newark NJ isnt the best area.

    Advice to Management

    higher pay


  2. Helpful (3)

    "Financial Professional"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Services Professional in Paramus, NJ
    Former Employee - Financial Services Professional in Paramus, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Prudential full-time (More than 5 years)

    Pros

    The Flex Schedule was very accommodating. A pleasant work environment. Medical and Dental Benefits were excellent. Once obtaining a client, and providing them with the necessary insurances or investments, it was very fulfilling.

    Cons

    The Insurance culture is just plain hideous. With Prudential, as with any insurance company, you are basically set up to fail. They take the low hanging fruit from you (insuring family and friends) then hang you out to dry. It's a culture that does not fully back the Agents. No liability is ever absorbed by the Company. You pay for everything (Licensing, EO Insurances, Rent, Leads) My advice to people looking into this as a career.....run the other way as fast as you can.

    Advice to Management

    Said all along, Insurance companies need to invest more liability in the treatment of the newer agents..... Known fact, 8 or 9 agents out of 10 do not make 2 years. FACT

  3. "Excellent place to develop a career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Newark, NJ
    Former Employee - Intern in Newark, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Prudential full-time (Less than a year)

    Pros

    Great work environment, lot of motivation, good incentives and benefits.

    Cons

    A lot of protocol but is totally understandable based on the size of the company, type of business, and the amount of regulations to which the company is subject to comply.


  4. "Sr BA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Analyst in Newark, NJ
    Former Contractor - Senior Analyst in Newark, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Prudential as a contractor (More than a year)

    Pros

    Stable and Flexible and Good team members

    Cons

    Old Fashion.. Slow and lot of recent layoff

    Advice to Management

    n/a


  5. "Junior Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Newark, NJ
    Former Employee - Anonymous Employee in Newark, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Prudential full-time (More than 5 years)

    Pros

    You knew what your job required from day one. Good managers overall.

    Cons

    Employees should receive their earned promotions.

    Advice to Management

    Do your best to keep the good employees.


  6. "Good company to work for. Lots of opportunity for growth."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Program Manager in Newark, NJ
    Former Contractor - Senior Program Manager in Newark, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Prudential as a contractor (More than a year)

    Pros

    Company looks out for its employees. People are nice to work with. The work is challenging and rewarding. Lots of opportunity for growth.

    Cons

    Contractor turnover every 18 months.

    Advice to Management

    Hire contractors who have been with the company for more than 18 months. You lose a lot of good talent and the expense to hire and train someone new is expensive.


  7. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in New York, NY
    Former Employee - Senior Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Prudential full-time (More than 8 years)

    Pros

    Great culture, leaders with integrity

    Cons

    Business slowed down, making less profit

  8. Helpful (5)

    "Down hill"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Actuary in Newark, NJ
    Current Employee - Actuary in Newark, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Prudential full-time (More than 8 years)

    Pros

    4% match on 401k
    good low cost index funds in 401k
    Small pension
    Up to 30 ptos/year
    Decent maturity and paternity leave
    Work from home allowed
    Work life balance depends on work group

    Cons

    Leadership turnover in past 5 to 7 years has ushered in a series of bad decision-making which bare out in the bottom line results. I.e. inconsistent strategies, market event reactive instead of firm and steady, extensive use of expensive consultants, over staffing followed by layoffs, ... A hot mess as they say.
    Discriminatory practices, promotions linked to friendship and nepotism.

    Advice to Management

    Retire.


  9. "Worked directly for a financial planner for 16 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Assistant in Middletown, NJ
    Former Employee - Marketing Assistant in Middletown, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Prudential part-time (More than 10 years)

    Pros

    Working directly for a financial planner provided a flexible work environment, good salary, comparable benefits. The mutual respect we enjoyed fostered a team approach with successful results for all.

    Cons

    Regulatory requirements and policies beyond our control create additional workload to prevent servicing the clients to the best of our ability.

    Advice to Management

    Focus more attention on compensating successful advisors who comply with regulatory requirements and successful production.

    Prudential Response

    May 31, 2017 – Director, Talent Brand & Marketing

    Thank you for your candid feedback. A career in financial services can be challenging, and at the same time incredibly rewarding. We value the input and feedback of our employees and hope you... More


  10. Helpful (4)

    "Associate Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Newark, NJ
    Current Employee - Anonymous Employee in Newark, NJ
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Prudential full-time (More than 3 years)

    Pros

    Great work life balance and transparent leadership. Senior leaders are approachable and as a younger employee, appreciate the progressive culture shift the company is making.

    Cons

    Middle management, especially in non revenue generating units like Corporate Centers, is ineffective and often burned out. Company not always as strategic or visionary compared to external peers.

    Advice to Management

    Better training and support of middle management. People don't leave companies - they leave bad managers.


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