Manager, Field Compensation

Job Classification:

Corporate - People Team

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!
As a Manager, Field Compensation you will be responsible for oversight of Field Leadership compensation operation and analysis. This position will manage the quarterly payment for ~200 sales leaders dispersed nationally. This involves everything from the data collection through communication and payment.
Responsibilities:

• Maintain and deliver timely and accurate leadership compensation statements
• Identify opportunities to streamline, automate, and de-risk quarterly compensation process. This includes QA processes and procedures
• Develop and manage relationships with key partners across Prudential Advisors sales, home office, HR and systems teams to drive best in class reporting and compensation experience.
• Maintain and develop self serve reporting for various home office requests (historical pay data, historical performance data, ad hoc senior leadership requests)
• Create and maintain compensation documentation manuals and guides
• Develop SOPs for all processes related to leadership compensation
• Support additional work, assignments and management as needed.

Skills critical to this career path include:

• A forward thinking mindset with a keen eye for identifying inefficiencies and suggestions for improvement
• Strong organization skills and the ability to manage multiple priorities while working under tight time constraints
• Ability to handle ad hoc reporting and analytical requests
• Excellent written and verbal communication skills and strong interpersonal skills
• Ability to excel in a team environment, as well as work well independently.
• Proficiency in Powerpoint and Excel with the ability to manage large data files
• Experience with data languages (SQL, python, etc…) is a plus

Qualifications:

• Well versed in the financial services landscape with an understanding of advisor and sales leader incentives
• Minimum of 5 years in a reporting or analytical capacity. Preferably one with complex data feeds and multiple data systems
• Demonstrated ability to build and foster effective relationships.
• Able to work effectively with colleagues across multiple locations / virtually.
• Strong organization skills with the ability to successfully multitask, manage change and receive detailed performance feedback.
• Excellent oral and written communication skills; ability to effectively explain complex processes/procedures.
• Self-motivated, drives deliverables and meets all required deadlines.
• Strong attention to detail and problem resolution skills

Additional Requirements:
This position will work virtually, therefore new hires must be able to provide the following & all new hires who work remotely will be held accountable to these standards:

• Subscribe to internet service provider plan with at least 25 Mbps download speeds. You must be willing to troubleshoot any issues or outages with your home internet service, contacting your service provider as necessary.
• Quiet area in your home with minimal distractions and noise free.
• Reliability and Dependability throughout onboarding and training is required.

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 $107,300.00 to $166,400.00. 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), 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. 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.