Altus Insurance Group Salary
How Much Does Altus Insurance Group Pay for Different Roles?
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Is Altus Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Bowerman Insurance Agency | $86,356 |
-4.8%
|
Normalized for lower cost-of-living zones where Bowerman Insurance Agency primarily operates. |
| QVI Risk Solutions Inc | $87,854 |
-3.2%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Retirement Solutions of Colorado LLC | $92,569 |
+2.0%
|
Suggests Retirement Solutions of Colorado LLC utilizes a highly similar base-plus-benefits compensation model. |
| AmeriSent Insurance | $93,012 |
+2.5%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Insurance Industry | $123,858 |
+36.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Altus Insurance Group's Salaries Compare to Similar Companies?
Bowerman Insurance Agency
$86,356 / year
Salary Range: $75,975 - $97,637
Steele, ND
QVI Risk Solutions Inc
$87,854 / year
Salary Range: $77,294 - $99,332
Bend, OR
Retirement Solutions of Colorado LLC
$92,569 / year
Salary Range: $81,445 - $104,660
Denver, CO
AmeriSent Insurance
$93,012 / year
Salary Range: $81,830 - $105,160
Las Vegas, NV
Michael D Carothers Insurance Agency Inc
$93,487 / year
Salary Range: $82,252 - $105,697
Las Vegas, NV
Nevada Dental Benefits Ltd
$92,211 / year
Salary Range: $81,134 - $104,258
Las Vegas, NV
SSB Insurance Services Inc
$93,540 / year
Salary Range: $82,298 - $105,758
Henderson, NV
Sage Insurance Services Inc
$91,725 / year
Salary Range: $80,703 - $103,709
Las Vegas, NV
Jid Agency
$92,917 / year
Salary Range: $81,757 - $105,063
Las Vegas, NV
Employee Reviews: Working at Altus Insurance Group
Altus Insurance Group Overview
What Benefits Does Altus Insurance Group Offer Beyond Salary?
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What Is the Cost of Living Near Reno?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of Altus Insurance Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (RTC monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $610 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,725 - $4,215+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Altus Insurance Group
1. What is the typical salary range (low to high) for most roles at Altus Insurance Group?
The typical annual salary range for most roles at Altus Insurance Group is approximately from $79,851 to $102,612. 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. How much does Altus Insurance Group pay compared to Bowerman Insurance Agency?
The average annual salary at Altus Insurance Group is $90,755, or an hourly wage of $44, in comparison to Bowerman Insurance Agency which pays $86,356 per year or $42 per hour.
3. Do salaries differ significantly between departments at Altus Insurance Group?
Yes, salaries often differ between departments at Altus Insurance Group due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
4. How does experience level affect salary at Altus Insurance Group?
Experience level is a significant factor in determining salary at Altus Insurance Group, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
5. How can I determine if a salary offer from Altus Insurance Group in Reno is fair given the local cost of living?
To determine if a salary offer from Altus Insurance Group in Reno is fair, first compare the gross salary to our data for similar roles at Altus Insurance Group and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Reno" to understand its purchasing power.
6. Why might an individual's actual salary at Altus Insurance Group differ from the ranges shown here?
An individual's actual salary at Altus Insurance Group can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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