Academic Group Salary

Academic Group Salary

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As of April 2026, the average annual salary for employees at Academic Group in the United States is $107,800. This translates to an approximate hourly wage of $52. Salaries at Academic Group typically range from $94,843 to $121,878 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Academic Group

Ready for your next career move? Explore current job openings at Academic Group. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Academic Group’s Pay Competitive? Salary Benchmarking Analysis

How does Academic Group's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Consoliplex LLC $88,160
-18.2%
Normalized for lower cost-of-living zones where Consoliplex LLC primarily operates.
Al Massaq Ltd $90,175
-16.4%
Typical compensation structure for smaller regional agencies like Al Massaq Ltd.
ReAcct Systems Corp $107,294
-0.5%
Suggests ReAcct Systems Corp utilizes a highly similar base-plus-benefits compensation model.
Finger Lakes Fire & Casualty Co $88,118
-18.3%
Finger Lakes Fire & Casualty Co may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+14.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

How Academic Group's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Academic Group. Click a company name to learn more.

Employee Reviews: Working at Academic Group

Considering a career at Academic Group? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I’ve been with this insurance firm for over two years, and it’s been a fantastic journey. I’ve grown significantly in my role thanks to the company’s focus on skill development. Team dynamics are good, though more cross-department collaboration would be nice. While advancement opportunities are present, they may take time to materialize.
Commented in May 14, 2025
22
1
The workload is consistent, and processes are well-documented. It’s a company that truly invests in its employees’ success and well-being. Compensation is fair, and the benefits package is comprehensive. Decent workplace with standard insurance industry perks. Workloads are balanced, and colleagues are helpful. The company is stable, with a strong presence in the insurance market. This company val...
Commented in May 31, 2024
37
3
The hybrid work model is convenient, though more remote days would be appreciated. Colleagues are easy to work with. The company also promotes from within, which is motivating. The company provides ample opportunities for skill development and career growth.
Commented in January 28, 2024
49
3

Academic Group Overview

Website
www.academicgroup.com
Founded In
2017
Employees
<25 employees
Industry
Insurance
Headquarter Address
99 Park Ave New York City New York NY 10016
Revenue
<$5 Million
Phone Number
+1 6468080600
Social Media
About Academic Group
The Academic Group was founded by teaching physicians with a simple mission - offer value-added, comprehensive medical malpractice insurance designed to meet the more complex professional liability needs and risks associated with medical clinical education. Governed by teaching doctors, we are fully dedicated to providing quality, "member-first" insurance management services to medical faculty, re

What Benefits Does Academic Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Academic Group offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Academic Group.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Academic Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Academic Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Academic Group

1. How much does an Academic Group employee make?

Academic Group pays its employees an average of $107,800 per year. The average salary at Academic Group range from $94,843 to $121,878 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Academic Group?

The salary at Academic Group is higher than the similar company. The average annual salary at Academic Group is $107,800, or an hourly wage of $52, in comparison to Consoliplex LLC which pays $88,160 per year or $42 per hour.

3. How much does a Vice President, Underwriting typically earn at Academic Group?

A Vice President, Underwriting at Academic Group typically earns an average annual base salary of around $304,206, with a general range of $254,829 to $351,462.

4. Do employees with advanced degrees (Master's, PhD) earn more at Academic Group?

In many roles at Academic Group, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near New York affect the perceived value of a Academic Group salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Academic Group based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Academic Group typically offer employees?

Academic Group generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Academic Group" section on this page.

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