Prudential Financial

Prudential Financial

Provides insurance, investment, and retirement solutions

About Prudential Financial

Simplify's Rating
Why Prudential Financial is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

10,001+

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, New Jersey

Founded

1975

Overview

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. The company offers life insurance, annuities, mutual funds, pension services, and asset management. Prudential generates revenue through premiums, fees, and investment income, focusing on building long-term relationships with clients. This approach allows them to offer tailored financial planning solutions that prepare clients for the future.

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Simplify's Take

What believers are saying

  • Prudential's investment in FIDx aligns with the digital transformation trend in financial services.
  • The appointment of Susan Somersille Johnson may boost global marketing and brand strategy.
  • Involvement in N.J. CEO Council enhances corporate social responsibility and community engagement.

What critics are saying

  • Increased competition in Asia may challenge Prudential's market penetration and profitability.
  • Over-reliance on technology platforms like FIDx could expose Prudential to operational risks.
  • Commitment to job creation and procurement spending may strain resources and impact finances.

What makes Prudential Financial unique

  • Prudential Financial offers a comprehensive range of financial services globally.
  • The company focuses on long-term relationships and comprehensive financial planning.
  • Prudential leverages digital transformation to enhance its service offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Company Equity

Wellness Program

Work/Life Resources

Education Benefit

Employee Stock Purchase Plan

Company News

Insurance Asia News
Jun 6th, 2024
Prudential Financial to acquire 10% stake in Qianhai Re

The key resource for accurate, insightful and reliable coverage of Asia’s insurance and reinsurance market.

Finsmes
Nov 18th, 2022
Fidx Raises Growth Funding

FIDx, a Berwyn, PA-based provider of an integrated technology platform that connects financial professionals to leading insurance companies, raised an undisclosed amount in growth funding. The round was led by Prudential Financial, and Global Atlantic, with participation from Envestnet

Andela
Jul 1st, 2021
Announcing Andela's $100M Series D Round of Funding - Andela

We started Andela to chip away at a simple, though seemingly insurmountable, problem. The world needs millions more developers than we currently have.

ROI-NJ
Dec 1st, 2020
7 from N.J. among Working Mother’s ‘Top Companies for Executive Women,’ including 2 in Top 10

Working Mother has announced it latest “Top Companies for Executive Women,” and seven New Jersey businesses made the list, including two in the Top 10. The magazine called this year’s list its “2020+” list, as it changed the timing from prior years. The list, which had accepted applications in March of one year and was […]

InvestmentNews
Nov 19th, 2020
401(k) defaults linked with lower CARES Act withdrawals

An academic paper this week found that early withdrawal requests increased most among savers who build their own portfolios — not those with 401(k) defaults.

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