Central Mutual Insurance Co Salary
How Much Does Central Mutual Insurance Co Pay for Different Roles?
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Is Central Mutual Insurance Co’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| The Insurance Place Agency Inc | $79,869 |
-5.3%
|
The Insurance Place Agency Inc focuses strategically on recruiting and training entry-level apprentices. |
| Mappus Insurance Agency Inc | $83,382 |
-1.2%
|
Indicates identical technical requirements and experience levels between the two firms. |
| All Colorado Insurance LLC | $92,411 |
+9.5%
|
Adjusted for higher cost-of-living indices in All Colorado Insurance LLC's primary metro hubs. |
| Victoria Insurance | $90,555 |
+7.3%
|
Driven by niche technical certifications required for Victoria Insurance's specialized projects. |
| Insurance Industry | $123,858 |
+46.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Central Mutual Insurance Co's Salaries Compare to Similar Companies?
The Insurance Place Agency Inc
$79,869 / year
Salary Range: $70,266 - $90,308
Waurika, OK
Mappus Insurance Agency Inc
$83,382 / year
Salary Range: $73,363 - $94,271
Lexington, SC
All Colorado Insurance LLC
$92,411 / year
Salary Range: $81,308 - $104,477
Littleton, CO
Victoria Insurance
$90,555 / year
Salary Range: $79,677 - $102,392
Cleveland, OH
Academic Group
$107,800 / year
Salary Range: $94,843 - $121,878
New York City, NY
KadanJoe
$90,987 / year
Salary Range: $80,053 - $102,880
InsureSingapore.com
$89,015 / year
Salary Range: $78,312 - $100,636
ReAcct Systems Corp
$107,294 / year
Salary Range: $94,403 - $121,317
New York City, NY
Finger Lakes Fire & Casualty Co
$88,118 / year
Salary Range: $77,533 - $99,636
Trumansburg, NY
Employee Reviews: Working at Central Mutual Insurance Co
Central Mutual Insurance Co Overview
What Benefits Does Central Mutual Insurance Co Offer Beyond Salary?
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What Is the Cost of Living Near Columbus?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of Central Mutual Insurance Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $62 (COTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,282 - $3,602+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Central Mutual Insurance Co
1. How much does Central Mutual Insurance Co in the United States pay?
Central Mutual Insurance Co pays its employees an average of $84,373 per year. The average salary at Central Mutual Insurance Co range from $74,243 to $95,405 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 Central Mutual Insurance Co employees get a higher salary than its peer company?
The salary at Central Mutual Insurance Co is higher than its peer company. The average annual salary at Central Mutual Insurance Co is $84,373, or an hourly wage of $41, in comparison to The Insurance Place Agency Inc which pays $79,869 per year or $38 per hour.
3. How much does salary increase with years of experience at Central Mutual Insurance Co?
Salary progression with years of experience at Central Mutual 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.
4. Do salaries at Central Mutual Insurance Co vary by office location?
Yes, it's very likely that salaries at Central Mutual 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 Columbus section provides more context.
5. Does Central Mutual Insurance Co offer good benefits?
Central Mutual 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 Central Mutual Insurance Co" section on this page.
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