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Navient Overview

Navient is a U.S. corporation based in Wilmington, Delaware, whose operations include servicing and collecting on student loans.
The staff at Navient come from unusually diverse demographic backgrounds. The company is 61.6% female and 31.8% ethnic minorities. Navient employees are more likely to be members of the Democratic Party than the Republican Party, with 53.9% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at Navient is relatively high. Employees at Navient stay with the company for an average of 1.9 years before leaving. The average employee at Navient makes $32,835 per year. In comparison, some of its highest paying competitors, like Alliance Data, Great Lakes Higher Education, and National Systems Management, pay $49,959, $42,051, and $38,951, respectively.
A large company with 6,700 employees and an annual revenue of $5.2B, Navient is headquartered in Wilmington, DE.

The Organization’s Mission

To enhance the financial success of our customers by delivering innovative solutions and insights with compassion and personalized service.

Perks of Working at Navient

Navient provides paid time off, healthcare benefits, flexible spending accounts, 401k plan, tuition reimbursement, legal insurance, employee discounts, and other perks.

Industry

Financial services

Revenue

$5.2B

Employees

6,700

Founded in

2014

Headquarters

Wilmington, DE

Website

navient.com

Organization Type

Public

Is This Your Company?

The Team At Navient

Key People
  • Somsak Chivavibul (Chief Financial Officer)
  • John Remondi (ceo)
  • Steve Hauber (Chief Audit Officer)
  • Tim Hynes (Chief Risk Officer)
  • Nikki Lavoie (Media Contact)
  • Maher (Senior Vice President)
  • Rich Jackson (Chief Information Officer)
  • Paul Hartwick (Media Contact)
  • Sheila MacIe (Chief of Staff and Jerry)
  • John Kane (Chief Operating Officer)
  • Andy Beamon (Chief Business Development Officer)
The Inside Scoop
Navient, established in 2014, provides financial services such as accounts receivable management, payment processing, collection, revenue enhancement, delinquency resolution and default prevention, asset generation and refinancing, financial literacy and career management resources, and other services to education, health care, and government clients. Headquartered in Wilmington, Delaware, Navient also employs about 6000 team members in western New York, northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia, Wisconsin, California and other locations.
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The Culture At Navient

Information provided by the company
Navient team members bring passion, commitment, and integrity to our business. We drive results and foster the innovation that makes us an industry leader. It's time to make that move, choose.
Navient team members bring passion, commitment, and integrity to our business. We drive results and foster the innovation that makes us an industry leader. It's time to make that move, choose Navient as the next stepping stone in your career.
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Navient team members bring passion, commitment, and integrity to our business. We drive results and foster the innovation that makes us an industry leader. Choose Navient as the next step in your career! Be proud of where you work, be proud of your career - join Navient!
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Annual Summer Picnic at Darien Lake.

Navient Reviews

Zippia Official Logo

2.0

Zippia UserFebruary 2021

2.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Job wasn’t too hard it was just over stimulating Show More

What DON'T You Like About Working There?

The management Show More

What Are Your Favorite Benefits/Perks?

Healthcare 401k Show More
Zippia Official Logo

4.0

Zippia UserJune 2020

4.0

Zippia Official LogoZippia UserJune 2020

What Do You Like About Working There?

I liked the call center environment and helping customers. Show More

What DON'T You Like About Working There?

No longer employed here. Show More

What Are Your Favorite Benefits/Perks?

Monthly incentive Show More
Anonymous review of Navient

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Navient Rankings

Navient is ranked #13 on the Best Companies to Work For in Delaware list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Navient Salaries

How much does Navient pay?
The national average salary for a Navient employee in the United States is $32,835 per year. Employees in the top 10 percent can make over $57,000 per year, while employees at the bottom 10 percent earn less than $18,000 per year.
8.2
Salary Score
Average Employee Earnings

Navient Salaries By Job Title

While the average employee salary at Navient is $32,835, there is a big variation in pay depending on the role. The higher paying positions at Navient include senior software engineer, technical analyst, senior analyst, and supervisor. A worker with the title senior software engineer salary at Navient can earn an average yearly salary of $104,652. Other roles at Navient include student assistant and cashier. A student assistant at Navient earns an average yearly salary of $21,936.
Job Title
Title
ascdesc
Average Salarydesc
Senior Software Engineer
Salary Range93k - 117k$105k$104,652
Technical Analyst
Salary Range83k - 104k$93k$93,241
Senior Analyst
Salary Range74k - 91k$82k$82,206
Supervisor
Salary Range57k - 86k$71k$70,673
Educator
Salary Range57k - 70k$63k$63,447
Team Leader
Salary Range34k - 82k$53k$53,456
Account Manager
Salary Range43k - 57k$50k$50,001
Payment Processor
Salary Range39k - 45k$43k$42,685
Outreach Counselor
Salary Range37k - 47k$42k$42,145
Loan Processor
Salary Range38k - 45k$41k$41,438
$19k
$117k

Navient Careers

On average, employees at Navient stay with the company for 1.9 years. Employees most commonly join Navient after leaving Sallie Mae. When they leave Navient, they most frequently get their next job at Bank of America.

Average Length of Employment

Sallie Mae
3.1 years
Navient
1.9 years

Top Employers Before Navient

Walmart
13.3 %

Top Employers After Navient

Xerox
9.5 %
Aerotek
6.1 %

Navient Employee Demographics

9.4
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Navient Employees Education

Of the 6,700 employees at Navient, 17.5% attended Ball State University. Employees at Navient most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Navient Employee Political Affiliation

Navient employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Navient employee was by John Remondi. John Remondi donated $6,500 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
John RemondiChief Executive Officer
John Remondi
Chief Executive Officer
Chief Executive Officer
Democratic Party
Democratic Party
$6,500Democratic Party
$6,500
Nikki LavoieCommunications Director
Nikki Lavoie
Communications Director
Communications Director
Democratic Party
Democratic Party
$5,400Democratic Party
$5,400
Lucia LebensGovernment Relations
Lucia Lebens
Government Relations
Government Relations
Republican Party
Republican Party
$4,750Republican Party
$4,750
Carmen Guzman LowreyLobbyist
Carmen Guzman Lowrey
Lobbyist
Lobbyist
Democratic Party
Democratic Party
$3,880Democratic Party
$3,880
Daniel KrivacsyAccountant
Daniel Krivacsy
Accountant
Accountant
Republican Party
Republican Party
$3,300Republican Party
$3,300
John WhorleyExecutive
John Whorley
Executive
Executive
Republican Party
Republican Party
$3,076Republican Party
$3,076
William ArztConsultant
William Arzt
Consultant
Consultant
Democratic Party
Democratic Party
$2,000Democratic Party
$2,000
Sarah DucichVice President Of Public Relations
Sarah Ducich
Vice President Of Public Relations
Vice President Of Public Relations
Democratic Party
Democratic Party
$2,000Democratic Party
$2,000
Mark HeleenLegal Compliance Officer
Mark Heleen
Legal Compliance Officer
Legal Compliance Officer
Democratic Party
Democratic Party
$2,000Democratic Party
$2,000
John KaneExecutive
John Kane
Executive
Executive
Republican Party
Republican Party
$1,500Republican Party
$1,500
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Navient Employment Videos

Navient Financial Performance

9.6
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

2014

Organization type

Public

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Navient Subsidiaries

Subsidiaries to Navient include Arrow Financial Services, Xtend Healthcare, and GILA GROUP. Employees at the parent company, Navient, earn $32,835. In comparison, the salaries at Arrow Financial Services, Xtend Healthcare, and GILA GROUP are $38,744, $36,972, and $33,272.
Company
ascdesc
Average Salarydesc
Arrow Financial Services
Salary Range29k - 51k$39k$38,744
Xtend Healthcare
Salary Range27k - 50k$37k$36,972
GILA GROUP
Salary Range19k - 57k$33k$33,272
$19k
$57k

Navient Competitors

Some of the competitors of Navient are Alliance Data, Great Lakes Higher Education, and National Systems Management. The average salaries at Alliance Data rank the highest, with their employees earning an average salary of $49,959 per year. The salaries at Great Lakes Higher Education average $42,051 per year, and the salaries at National Systems Management come in at $38,951 per year.
Companydesc
Average Salarydesc
Alliance Data
Salary Range34k - 72k$50k$49,959
Great Lakes Higher Education
Salary Range29k - 59k$42k$42,051
National Systems Management
Salary Range27k - 56k$39k$38,951
Arrow Financial Services
Salary Range29k - 51k$39k$38,744
Credit Acceptance
Salary Range28k - 51k$38k$38,240
Sallie Mae
Salary Range28k - 49k$37k$37,428
CBE Companies
Salary Range27k - 50k$37k$37,097

Xtend Healthcare

Salary Range27k - 50k$37k$36,972
Windham Professionals
Salary Range26k - 51k$37k$36,904

Nationwide Credit

Salary Range25k - 44k$34k$33,978
$19k
$72k

Frequently Asked Questions about Navient

When was Navient founded?

Navient was founded in 2014.

How many Employees does Navient have?

Navient has 6,700 employees.

How much money does Navient make?

Navient generates $5.2B in revenue.

What industry is Navient in?

Navient is in the financial services industry.

What is Navient's mission?

Navient's mission statement is "To enhance the financial success of our customers by delivering innovative solutions and insights with compassion and personalized service."

What type of company is Navient?

Navient is a public company.

Who are Navient's competitors?

Navient competitors include Sallie Mae, Arrow Financial Services, GILA GROUP, Xtend Healthcare, Great Lakes Higher Education, Account Control Technology Holdings, EGS Financial Care, Credit Acceptance, Van Ru Credit, National Systems Management, CBE Companies, Nationwide Credit, Premiere Credit of North America, Diversified Consultants, NCO Group, United Systems Technology, ERC, Alliance Data, GC Services Limited Partnership, Windham Professionals.

Who works at Navient?

Somsak Chivavibul (Chief Financial Officer)

John Remondi (ceo)

Steve Hauber (Chief Audit Officer)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Navient, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Navient. The employee data is based on information from people who have self-reported their past or current employments at Navient. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Navient and its employees or that of Zippia.

Navient may also be known as or be related to NAVIENT CORP, Navient, Navient Corporation and Navient Solutions, LLC.