| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Madison Mutual Insurance Co | $93,360 |
-1.1%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Lowell & Chrusciel Insurance | $99,077 |
+5.0%
|
Supported by Lowell & Chrusciel Insurance's high-margin contracts allowing higher overhead. |
| Interstate Life Insurance Co | $98,666 |
+4.6%
|
Reflects a supply-demand imbalance for the specific talent Interstate Life Insurance Co targets. |
| Variable Life Insurance Co | $101,018 |
+7.1%
|
Driven by niche technical certifications required for Variable Life Insurance Co's specialized projects. |
| Insurance Industry | $123,858 |
+31.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$93,360 / year
Salary Range: $82,114 - $105,611
Edwardsville, IL
$99,077 / year
Salary Range: $87,145 - $112,074
Rolling Meadows, IL
$98,666 / year
Salary Range: $86,788 - $111,611
Riverwoods, IL
$101,018 / year
Salary Range: $88,859 - $114,269
Oak Brook, IL
$98,476 / year
Salary Range: $86,623 - $111,403
Carol Stream, IL
$101,725 / year
Salary Range: $89,473 - $115,074
Downers Grove, IL
$99,478 / year
Salary Range: $87,503 - $112,538
Northbrook, IL
$99,520 / year
Salary Range: $87,539 - $112,574
Chicago, IL
$100,480 / year
Salary Range: $88,382 - $113,672
Naperville, IL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Alma West salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Alma West pays its employees an average of $94,362 per year. The average salary at Alma West range from $83,003 to $106,745 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.
The salary at Alma West is higher than the similar company. The average annual salary at Alma West is $94,362, or an hourly wage of $45, in comparison to Madison Mutual Insurance Co which pays $93,360 per year or $45 per hour.
In many roles at Alma West, 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.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Alma West based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
Alma West 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 Alma West" section on this page.
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