Associated Risk Management Inc Salary

As of September 2026, the average annual salary for employees at Associated Risk Management Inc in the United States is $91,293. This translates to an approximate hourly wage of $44. Salaries at Associated Risk Management Inc typically range from $80,318 to $103,221 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Associated Risk Management Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Associated Risk Management Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $706,687. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Associated Risk Management Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Associated Risk Management 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
Auto Claim Specialists LLC $88,645
-2.9%
Suggests Auto Claim Specialists LLC utilizes a highly similar base-plus-benefits compensation model.
Aston Sharp Inc $102,347
+12.1%
Adjusted for higher cost-of-living indices in Aston Sharp Inc's primary metro hubs.
Aleman Insurance Agency LLC $85,724
-6.1%
Aleman Insurance Agency LLC operates with a leaner overhead structure, impacting base wage offers.
Piedmont Insurance & Business Group LLC $88,128
-3.5%
Normalized for lower cost-of-living zones where Piedmont Insurance & Business Group LLC primarily operates.
Insurance Industry $123,858
+35.7%
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 Associated Risk Management Inc

Considering a career at Associated Risk Management 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.
Working here has been fulfilling—the company truly values its employees. The team is collaborative, and there’s a strong sense of mutual respect. A reliable choice for those in the insurance sector. Typical large company experience. The office environment is modern, and flexible scheduling is available.
The team is friendly, and leadership is approachable. A rewarding place to build a career. The company’s commitment to innovation keeps work engaging.
The company operates efficiently in the insurance space. The compensation is fair, with bonuses and performance incentives. The leadership maintains a structured approach, which ensures clarity in roles. Workloads are balanced, and the flexible scheduling is appreciated. The team is motivated, and leadership is visionary. A well-established company with a solid reputation in insurance.

Associated Risk Management Inc Overview

Website
www.armriskmanagement.com
Founded In
2012
Employees
<25 employees
Industry
Insurance
Headquarter Address
39111 6 Mile Rd Livonia Michigan MI 48152
Revenue
<$5 Million
Phone Number
+1 7345917472
Social Media
About Associated Risk Management Inc
L&L (Engineering) Associates is a traditional consulting firm with officeas located in both Detroit, Michigan and Cleveland, Ohio. The firm serves the forging industry through a broad range of industry and service programs that are focused on critical business issues: Our services are based on four key themes: Developing and implementing strategic planning to address key market issues. Reorienting

What Benefits Does Associated Risk Management Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Associated Risk Management 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 Livonia?

Understanding the cost of living near Livonia is key to truly evaluating a salary offer or your current compensation at Associated Risk Management Inc.
Livonia's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 6.6% more than MI average). Large Detroit suburb (Wayne Co.), housing near US average. SMART bus. When planning your budget based on a salary from Associated Risk Management Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Associated Risk Management Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,760+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Associated Risk Management Inc

1. What is the average salary for employees at Associated Risk Management Inc?

The average annual total compensation for employees at Associated Risk Management Inc is approximately $91,293. However, this is an aggregate figure, actual salaries can range significantly, typically from $80,318 to $103,221, depending on factors like job role, experience, and location.

2. How much does Associated Risk Management Inc pay compared to Auto Claim Specialists LLC?

The average annual salary at Associated Risk Management Inc is $91,293, or an hourly wage of $44, in comparison to Auto Claim Specialists LLC which pays $88,645 per year or $43 per hour.

3. What is the lowest salary at Associated Risk Management Inc?

The lowest-paying job at Associated Risk Management Inc is a Manager, Legal with a salary of $110,912 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Associated Risk Management Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Associated Risk Management Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Associated Risk Management Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Livonia?

While some companies offer formal COLA, many, including potentially Associated Risk Management Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Associated Risk Management Inc?

Most companies, likely including Associated Risk Management Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.