Broome Co-operative Insurance Co Salary
How Much Does Broome Co-operative Insurance Co Pay for Different Roles?
President & Chief Executive Officer
$664,637 / year
Salary Range: $508,852 - $837,642
Executive
Chief Financial Officer
$346,513 / year
Salary Range: $265,908 - $434,813
Financial
Vice President, Claims
$188,876 / year
Salary Range: $161,532 - $214,237
Claims
Claims Manager
$99,588 / year
Salary Range: $89,166 - $109,422
Claims
Associate Underwriter
$74,296 / year
Salary Range: $67,004 - $83,506
Insurance Underwriting
Personal Lines Underwriter
$57,369 / year
Salary Range: $52,036 - $64,758
Insurance Underwriting
Assistant Vice President, Underwriting
$57,369 / year
Salary Range: $52,036 - $64,758
Insurance Underwriting
Commercial Lines Underwriter
$57,369 / year
Salary Range: $52,036 - $64,758
Insurance Underwriting
Commercial Underwriter
$48,087 / year
Salary Range: $44,327 - $53,745
Property and Casualty Insurance Underwriting
Underwriting Assistant
$40,996 / year
Salary Range: $37,326 - $44,842
Insurance Support
Accounting Representative
$39,049 / year
Salary Range: $35,763 - $42,361
Accounting
Claims Representative
$37,017 / year
Salary Range: $33,598 - $40,654
Claims
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Current Job Openings at Broome Co-operative Insurance Co
Is Broome Co-operative Insurance Co’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Az Go Insurance Group LLC | $93,381 |
+8.8%
|
Supported by Az Go Insurance Group LLC's high-margin contracts allowing higher overhead. |
| Spinnaker Insurance Co | $104,510 |
+21.7%
|
Driven by niche technical certifications required for Spinnaker Insurance Co's specialized projects. |
| League of Wisconsin Municipalities Mutual Insurance | $87,369 |
+1.8%
|
Suggests League of Wisconsin Municipalities Mutual Insurance utilizes a highly similar base-plus-benefits compensation model. |
| United Business Insurance Co | $89,331 |
+4.0%
|
Reflects structural premiums typical of United Business Insurance Co's large-cap national operations. |
| Insurance Industry | $123,858 |
+44.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Broome Co-operative Insurance Co's Salaries Compare to Similar Companies?
Az Go Insurance Group LLC
$93,381 / year
Salary Range: $82,124 - $105,660
Phoenix, AZ
Spinnaker Insurance Co
$104,510 / year
Salary Range: $91,956 - $118,171
Bedminster, NJ
League of Wisconsin Municipalities Mutual Insurance
$87,369 / year
Salary Range: $76,873 - $98,795
Madison, WI
United Business Insurance Co
$89,331 / year
Salary Range: $78,605 - $101,014
Marietta, GA
Red Mountain Technologies
$85,618 / year
Salary Range: $75,333 - $96,807
Birmingham, AL
Echelon Property & Casualty Insurance Co
$97,126 / year
Salary Range: $85,459 - $109,830
Chicago, IL
California Mutual Insurance Co
$101,524 / year
Salary Range: $89,326 - $114,793
Hollister, CA
Oklahoma Attorneys Mutual Insurance Co
$82,844 / year
Salary Range: $72,887 - $93,674
Edmond, OK
Fergus Farm Mutual Insurance Co
$80,629 / year
Salary Range: $70,935 - $91,162
Lewistown, MT
Employee Reviews: Working at Broome Co-operative Insurance Co
Broome Co-operative Insurance Co Overview
What Benefits Does Broome Co-operative Insurance Co Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Binghamton?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $850 - $1,300+ | A significant portion of Broome Co-operative Insurance Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $170 - $280 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (BC Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $600+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $680+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,120 - $3,430+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Broome Co-operative Insurance Co
1. How much does Broome Co-operative Insurance Co in the United States pay?
Broome Co-operative Insurance Co pays its employees an average of $85,861 per year. The average salary at Broome Co-operative Insurance Co range from $75,553 to $97,088 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. Do Broome Co-operative Insurance Co employees get a higher salary than its peer company?
The salary at Broome Co-operative Insurance Co is lesser than its peer company. The average annual salary at Broome Co-operative Insurance Co is $85,861, or an hourly wage of $41, in comparison to Az Go Insurance Group LLC which pays $93,381 per year or $45 per hour.
3. What are the highest paying jobs at Broome Co-operative Insurance Co?
The higher-paying job at Broome Co-operative Insurance Co, according to our data, include President & Chief Executive Officer (avg. $664,637 per year), Chief Financial Officer (avg. $346,513 per year), and Vice President, Claims (avg. $188,876 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
4. How much does salary increase with years of experience at Broome Co-operative Insurance Co?
Salary progression with years of experience at Broome Co-operative Insurance Co is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
5. Do salaries at Broome Co-operative Insurance Co vary by office location?
Yes, it's very likely that salaries at Broome Co-operative Insurance Co vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Binghamton section provides more context.
6. Does Broome Co-operative Insurance Co offer good benefits?
Broome Co-operative Insurance Co typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Broome Co-operative Insurance Co" section on this page.
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