$674,027 / year
Salary Range: $516,011 - $849,425
Executive
$393,201 / year
Salary Range: $309,755 - $498,511
Executive
$256,480 / year
Salary Range: $212,373 - $307,728
Operations
$256,480 / year
Salary Range: $212,373 - $307,728
Operations
$254,851 / year
Salary Range: $215,372 - $303,362
Sales and Marketing
$109,174 / year
Salary Range: $95,857 - $122,688
Business Development
$105,719 / year
Salary Range: $95,785 - $113,187
Underwriting
$100,995 / year
Salary Range: $90,420 - $110,961
Claims
$71,836 / year
Salary Range: $65,926 - $77,723
Finance and Accounting
$64,454 / year
Salary Range: $56,268 - $73,980
Account Management II
$64,454 / year
Salary Range: $56,268 - $73,980
Account Management II
$64,454 / year
Salary Range: $56,268 - $73,980
Account Management II
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Energy Insurance Mutual Ltd | $87,833 |
+0.9%
|
Confirms Energy Insurance Mutual Ltd is a direct competitor vying for the exact same talent pool. |
| BAC Adjusting Inc | $85,523 |
-1.8%
|
Suggests BAC Adjusting Inc utilizes a highly similar base-plus-benefits compensation model. |
| Fmi Agency Inc | $90,576 |
+4.0%
|
Influenced by prevailing union wage agreements specific to Fmi Agency Inc's sector. |
| Family First Insurance | $85,354 |
-2.0%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Insurance Industry | $123,858 |
+42.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,833 / year
Salary Range: $77,276 - $99,307
Tampa, FL
$85,523 / year
Salary Range: $75,251 - $96,698
Mobile, AL
$90,576 / year
Salary Range: $79,686 - $102,404
San Juan, PR
$85,354 / year
Salary Range: $75,095 - $96,515
Warren, OH
$96,388 / year
Salary Range: $84,781 - $109,013
Las Vegas, NV
$86,578 / year
Salary Range: $76,167 - $97,893
Durham, NC
$84,194 / year
Salary Range: $74,078 - $95,198
Wilmington, NC
$84,226 / year
Salary Range: $74,096 - $95,222
Wilmington, NC
$87,475 / year
Salary Range: $76,965 - $98,905
Kitty Hawk, NC
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,500 - $2,300+ | A significant portion of Business Insurers salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Free local bus (Chapel Hill Transit) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,910 - $4,690+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Business Insurers pays its employees an average of $87,074 per year. The average salary at Business Insurers range from $76,616 to $98,454 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.
The salary at Business Insurers is lesser than its peer company. The average annual salary at Business Insurers is $87,074, or an hourly wage of $42, in comparison to Energy Insurance Mutual Ltd which pays $87,833 per year or $42 per hour.
The higher-paying job at Business Insurers, according to our data, include President (avg. $674,027 per year), Chief Operating Officer (avg. $393,201 per year), and Deputy Director (avg. $256,480 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at Business Insurers 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.
Yes, it's very likely that salaries at Business Insurers 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 Chapel Hill section provides more context.
Business Insurers 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 Business Insurers" section on this page.
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