Build Insurance Group Salary
How Much Does Build Insurance Group Pay for Different Roles?
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Current Job Openings at Build Insurance Group
Is Build Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Hedges Insurance | $85,122 |
-18.7%
|
Typical compensation structure for smaller regional agencies like Hedges Insurance. |
| Agency 22 Insurance Group LLC | $96,092 |
-8.3%
|
Agency 22 Insurance Group LLC likely leverages performance bonuses over the high base salary shown here. |
| Al Diplomacy Insurance Services | $109,657 |
+4.7%
|
Driven by niche technical certifications required for Al Diplomacy Insurance Services's specialized projects. |
| RE Broker | $89,500 |
-14.6%
|
RE Broker may offer non-monetary perks in lieu of competitive base salaries. |
| Insurance Industry | $123,858 |
+18.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Build Insurance Group's Salaries Compare to Similar Companies?
Hedges Insurance
$85,122 / year
Salary Range: $74,903 - $96,246
Lawrence, KS
Agency 22 Insurance Group LLC
$96,092 / year
Salary Range: $84,543 - $108,648
Wayne, PA
Al Diplomacy Insurance Services
$109,657 / year
Salary Range: $96,483 - $123,988
New York City, NY
RE Broker
$89,500 / year
Salary Range: $78,742 - $101,197
Plano, TX
Goodrich Insurance Brokerage Ltd
$108,771 / year
Salary Range: $95,704 - $122,988
New York City, NY
Flores Insurance Group
$90,976 / year
Salary Range: $80,043 - $102,856
Munster, IN
Pember Insurance Agency
$81,852 / year
Salary Range: $72,025 - $92,552
Slaton, TX
Moothart Insurance Agency Inc
$101,377 / year
Salary Range: $89,198 - $114,623
Los Alamitos, CA
Brent Young Agency LLC
$95,786 / year
Salary Range: $84,277 - $108,306
Manchester, CT
Employee Reviews: Working at Build Insurance Group
Build Insurance Group Overview
What Benefits Does Build Insurance Group Offer Beyond Salary?
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What Is the Cost of Living Near Hackensack?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,800 - $2,600+ | A significant portion of Build Insurance Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $460 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $430 - $780+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $410 - $760+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,280 - $5,050+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Build Insurance Group
1. What is the average salary for employees at Build Insurance Group?
The average annual total compensation for employees at Build Insurance Group is approximately $104,752. However, this is an aggregate figure, actual salaries can range significantly, typically from $92,167 to $118,439, depending on factors like job role, experience, and location.
2. How much does Build Insurance Group pay compared to Hedges Insurance?
The average annual salary at Build Insurance Group is $104,752, or an hourly wage of $50, in comparison to Hedges Insurance which pays $85,122 per year or $41 per hour.
3. How does having a professional certification impact salary for relevant roles at Build Insurance Group?
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 Build Insurance Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
4. Does Build Insurance Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hackensack?
While some companies offer formal COLA, many, including potentially Build Insurance Group, 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.
5. What's the typical process for salary reviews and raises at Build Insurance Group?
Most companies, likely including Build Insurance Group, 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.
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