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Berkley Transactional Salary

Berkley Transactional Salary

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As of September 2026, the average annual salary for employees at Berkley Transactional in the United States is $101,588. This translates to an approximate hourly wage of $49. Salaries at Berkley Transactional typically range from $89,381 to $114,867 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Berkley Transactional Pay for Different Roles?

Explore detailed salary information for specific jobs at Berkley Transactional. Based on our data, the highest paying job is the Assistant Underwriter, with an annual salary of $48,505. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Berkley Transactional’s Pay Competitive? Salary Benchmarking Analysis

How does Berkley Transactional'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
Farmers Insurance Michael Obrien $91,989
-9.4%
Farmers Insurance Michael Obrien operates with a leaner overhead structure, impacting base wage offers.
Western Iowa Mutual Insurance Association $85,006
-16.3%
Western Iowa Mutual Insurance Association focuses strategically on recruiting and training entry-level apprentices.
Rokstone Construction Risk Underwriters $104,457
+2.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Associated Insurance Partners $98,297
-3.2%
Associated Insurance Partners may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+21.9%
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 Berkley Transactional's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Berkley Transactional

Considering a career at Berkley Transactional? 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 office environment is comfortable, and colleagues are respectful. I appreciate the company’s commitment to employee development. I’ve grown professionally and personally since joining. The work environment is structured, and expectations are clear. A good fit for those who prefer stability.
Commented in May 27, 2025
26
2
I’m glad to be part of this organization. A great employer. Processes here are well-organized, reducing unnecessary stress. Team dynamics are great, and leadership is approachable. The company also invests in cutting-edge tools, streamlining daily tasks. The team is collaborative, and the company culture is very welcoming. Compensation is competitive, and recognition programs boost morale.
Commented in October 05, 2024
43
3
The office environment is collaborative, making it easy to ask for help when needed. I’ve had opportunities to take on new projects, which have helped me develop my skills. Colleagues are respectful, and the office environment is comfortable. Overall, it’s a stable and supportive workplace where hard work is recognized. The company maintains a professional atmosphere with structured workflows.
Commented in March 04, 2024
28
2

Berkley Transactional Overview

Website
www.berkleytransactional.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
412 Mount Kemble Ave Morristown New Jersey NJ 07960
Revenue
$5 Million - $10 Million
Phone Number
+1 2126182910
Social Media
About Berkley Transactional
Berkley Transactional is a division of Berkley Professional Liability. Our Mission is to provide creative and customized insurance solutions that enable buyers and sellers in M&A transactions to execute their transactions efficiently and effectively. We offer a full suite of primary and excess Transactional Insurance products, and deliver comprehensive coverage that is coordinated with the timing

What Benefits Does Berkley Transactional Offer Beyond Salary?

A competitive compensation package is more than just a salary. Berkley Transactional 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Berkley Transactional.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Berkley Transactional, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Berkley Transactional salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Berkley Transactional

1. What is the typical salary range (low to high) for most roles at Berkley Transactional?

The typical annual salary range for most roles at Berkley Transactional is approximately from $89,381 to $114,867. 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 Berkley Transactional pay compared to Farmers Insurance Michael Obrien?

The average annual salary at Berkley Transactional is $101,588, or an hourly wage of $49, in comparison to Farmers Insurance Michael Obrien which pays $91,989 per year or $44 per hour.

3. How does experience level affect salary at Berkley Transactional?

Experience level is a significant factor in determining salary at Berkley Transactional, 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.

4. How can I determine if a salary offer from Berkley Transactional in Jersey City is fair given the local cost of living?

To determine if a salary offer from Berkley Transactional in Jersey City is fair, first compare the gross salary to our data for similar roles at Berkley Transactional and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jersey City" to understand its purchasing power.

5. What factors influence salary increases at Berkley Transactional?

Salary increases at Berkley Transactional are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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