Anchor Brokerage Co Inc Salary

As of October 2026, the average annual salary for employees at Anchor Brokerage Co Inc in the United States is $108,729. This translates to an approximate hourly wage of $52. Salaries at Anchor Brokerage Co Inc typically range from $95,667 to $122,939 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Anchor Brokerage Co Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Anchor Brokerage Co Inc. Based on our data, the highest paying job is the Managing Principal, with an annual salary of $190,780. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Anchor Brokerage Co Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Anchor Brokerage Co Inc'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
Crown Captive Insurance $100,754
-7.3%
Crown Captive Insurance likely leverages performance bonuses over the high base salary shown here.
Legacy Insurance Group and Associates Inc $90,090
-17.1%
Legacy Insurance Group and Associates Inc focuses strategically on recruiting and training entry-level apprentices.
Colstan and Associates Inc $102,991
-5.3%
Normalized for lower cost-of-living zones where Colstan and Associates Inc primarily operates.
North Country Agency $89,763
-17.4%
Typical compensation structure for smaller regional agencies like North Country Agency.
Insurance Industry $123,858
+13.9%
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.

Employee Reviews: Working at Anchor Brokerage Co Inc

Considering a career at Anchor Brokerage Co Inc? 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.
The company operates efficiently in the insurance space. The workload is manageable, and teamwork is emphasized. Overall, it’s a solid place to build a career in the insurance industry. It’s a great place to grow professionally while enjoying a positive workplace culture.
Benefits like health coverage, retirement plans, and performance bonuses are excellent. The work is challenging but rewarding, with clear career progression paths. Workload distribution is fair, and management is reasonable with expectations. A great place to advance professionally. If you’re looking for a stable insurance job with growth potential, this is a great choice.
Processes are standard. Benefits like health insurance and retirement plans are solid. While the pace can be steady, there are opportunities to learn. The insurance industry knowledge shared internally is invaluable. Training programs are comprehensive, aiding professional growth.

Anchor Brokerage Co Inc Overview

Website
www.anchorbrokerage.com
Founded In
1964
Employees
<25 employees
Industry
Insurance
Headquarter Address
8232 18th Ave Brooklyn New York NY 11214
Revenue
$5 Million - $10 Million
Phone Number
+1 8664752850
Social Media
About Anchor Brokerage Co Inc
Anchor Brokerage Co,Inc. is a leading, full-service insurance brokerage located in the New York Tri-State area. The company was formed 1964 and has grown substantially as one of the most reputable firms within the respective industry. Since day one, the insurance specialists at Anchor Brokerage Co, Inc. have served clients with exceptional knowledge, experience, and extraordinary customer service.

What Benefits Does Anchor Brokerage Co Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Anchor Brokerage Co Inc 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Anchor Brokerage Co Inc.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Anchor Brokerage Co Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Anchor Brokerage Co Inc 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) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Anchor Brokerage Co Inc

1. How much does an Anchor Brokerage Co Inc employee make?

Anchor Brokerage Co Inc pays its employees an average of $108,729 per year. The average salary at Anchor Brokerage Co Inc range from $95,667 to $122,939 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 Anchor Brokerage Co Inc?

The salary at Anchor Brokerage Co Inc is higher than the similar company. The average annual salary at Anchor Brokerage Co Inc is $108,729, or an hourly wage of $52, in comparison to Crown Captive Insurance which pays $100,754 per year or $48 per hour.

3. How much does a Managing Principal typically earn at Anchor Brokerage Co Inc?

A Managing Principal at Anchor Brokerage Co Inc typically earns an average annual base salary of around $190,780, with a general range of $182,691 to $197,598.

4. Do employees with advanced degrees (Master's, PhD) earn more at Anchor Brokerage Co Inc?

In many roles at Anchor Brokerage Co Inc, 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 Brooklyn affect the perceived value of a Anchor Brokerage Co Inc salary?

Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. This significantly impacts the purchasing power of a salary from Anchor Brokerage Co Inc based there. Our "Cost of Living Insights for Brooklyn" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Anchor Brokerage Co Inc typically offer employees?

Anchor Brokerage Co Inc 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 Anchor Brokerage Co Inc" section on this page.