Chesapeake Insurance Advisors Salary

As of August 2026, the average annual salary for employees at Chesapeake Insurance Advisors in the United States is $97,601. This translates to an approximate hourly wage of $47. Salaries at Chesapeake Insurance Advisors typically range from $85,871 to $110,355 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Chesapeake Insurance Advisors Pay for Different Roles?

Explore detailed salary information for specific jobs at Chesapeake Insurance Advisors. Based on our data, the highest paying job is the Chief Executive Officer and President, with an annual salary of $755,515. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Chesapeake Insurance Advisors’s Pay Competitive? Salary Benchmarking Analysis

How does Chesapeake Insurance Advisors'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
Oakley Insurance Group $84,764
-13.2%
Oakley Insurance Group likely leverages performance bonuses over the high base salary shown here.
Hillermann & Associates Insurance Co $87,591
-10.3%
Hillermann & Associates Insurance Co operates with a leaner overhead structure, impacting base wage offers.
McGlothin Insurance & Financial Services $89,141
-8.7%
McGlothin Insurance & Financial Services focuses strategically on recruiting and training entry-level apprentices.
Neczus Inc $104,372
+6.9%
Reflects structural premiums typical of Neczus Inc's large-cap national operations.
Insurance Industry $123,858
+26.9%
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.

Employee Reviews: Working at Chesapeake Insurance Advisors

Considering a career at Chesapeake Insurance Advisors? 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 insurance industry is fast-paced, but the support system here is strong. The company offers regular training and certifications to keep skills updated. I’m happy to be part of this organization. Regular training sessions keep us updated on industry trends.
Competitive pay and a positive atmosphere. Benefits like health coverage and performance bonuses are appreciated. The benefits package is competitive, including health coverage, retirement plans, and wellness programs. The company has a strong reputation in the insurance industry, and for good reason. While workloads can fluctuate, management ensures fair distribution. Processes are standard.
The company maintains a professional and efficient work environment. The team is supportive, and the work environment is positive. Compensation is competitive, and work-life balance is respected.

Chesapeake Insurance Advisors Overview

Website
www.thechesapeakecompanies.com
Founded In
2002
Employees
<25 employees
Industry
Insurance
Headquarter Address
10 Corporate Cir New Castle Delaware DE 19720
Revenue
<$5 Million
Phone Number
+1 3023668500
Social Media
About Chesapeake Insurance Advisors
Chesapeake Insurance Advisors (CIA) is an affiliate of the Chesapeake Companies. Our philosophy is to have one-stop shopping for all your business and personal insurance needs. Chesapeake Insurance Advisors has been in business since 2002. Our staff has over 150 years of combined experience marketing employee benefits. Our employees are cross-trained to ensure the highest degree of service to our

What Benefits Does Chesapeake Insurance Advisors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Chesapeake Insurance Advisors 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 New Castle?

Understanding the cost of living near New Castle is key to truly evaluating a salary offer or your current compensation at Chesapeake Insurance Advisors.
New Castle's Cost of Living Index is approximately 99.8 (0.2% less expensive than US average; 3.0% less than DE average). Historic town south of Wilmington, relatively affordable housing. DART. When planning your budget based on a salary from Chesapeake Insurance Advisors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,700+ A significant portion of Chesapeake Insurance Advisors salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,470 - $3,870+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Chesapeake Insurance Advisors

1. How much does a Chesapeake Insurance Advisors employee make?

Chesapeake Insurance Advisors pays its employees an average of $97,601 per year. The average salary at Chesapeake Insurance Advisors range from $85,871 to $110,355 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. Which similar company tend to pay more or less than Chesapeake Insurance Advisors?

The salary at Chesapeake Insurance Advisors is higher than the similar company. The average annual salary at Chesapeake Insurance Advisors is $97,601, or an hourly wage of $47, in comparison to Oakley Insurance Group which pays $84,764 per year or $41 per hour.

3. How much does a Chief Executive Officer and President typically earn at Chesapeake Insurance Advisors?

A Chief Executive Officer and President at Chesapeake Insurance Advisors typically earns an average annual base salary of around $755,515, with a general range of $578,344 to $952,105.

4. Do employees with advanced degrees (Master's, PhD) earn more at Chesapeake Insurance Advisors?

In many roles at Chesapeake Insurance Advisors, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near New Castle affect the perceived value of a Chesapeake Insurance Advisors salary?

New Castle's Cost of Living Index is approximately 99.8 (0.2% less expensive than US average; 3.0% less than DE average). This significantly impacts the purchasing power of a salary from Chesapeake Insurance Advisors based there. Our "Cost of Living Insights for New Castle" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Chesapeake Insurance Advisors typically offer employees?

Chesapeake Insurance Advisors generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Chesapeake Insurance Advisors" section on this page.