Cimico Salary

Cimico Salary

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As of April 2026, the average annual salary for employees at Cimico in the United States is $84,743. This translates to an approximate hourly wage of $41. Salaries at Cimico typically range from $74,554 to $95,820 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Cimico Pay for Different Roles?

Explore detailed salary information for specific jobs at Cimico. Based on our data, the highest paying job is the Managing Director, with an annual salary of $655,982. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Cimico

Ready for your next career move? Explore current job openings at Cimico. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Cimico’s Pay Competitive? Salary Benchmarking Analysis

How does Cimico'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
Daniels Insurance Inc - Albuquerque $82,517
-2.6%
Indicates identical technical requirements and experience levels between the two firms.
First National Land Title $83,941
-0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
American Resources Insurance Company Inc $84,162
-0.7%
Suggests American Resources Insurance Company Inc utilizes a highly similar base-plus-benefits compensation model.
Watkins Insurance Agency Inc $88,814
+4.8%
Adjusted for higher cost-of-living indices in Watkins Insurance Agency Inc's primary metro hubs.
Insurance Industry $123,858
+46.2%
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.

How Cimico's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Cimico. Click a company name to learn more.

Employee Reviews: Working at Cimico

Considering a career at Cimico? 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 company offers a stable career path with good compensation. The team is professional, and communication is effective. Professional development opportunities, like conferences and courses, are readily available. The company follows a hybrid work policy, which provides some flexibility.
Commented in February 27, 2025
22
2
The leadership team is approachable and genuinely listens to feedback. While workloads can fluctuate, management is supportive in ensuring no one is overwhelmed. The office culture is welcoming, and there are plenty of networking opportunities. Joining this insurance firm was a smart career move. The workload is predictable, which suits those who prefer routine. Managers are supportive and encoura...
Commented in June 26, 2024
48
3
The leadership team is approachable and encourages professional development. Benefits are standard, including health and retirement plans. It’s a reliable employer, though more team-building activities would improve engagement. It’s a company that truly values its workforce. Employees are encouraged to grow, and leadership is supportive.
Commented in January 11, 2024
19
1

Cimico Overview

Website
www.cimico.net
Founded In
1892
Employees
<25 employees
Industry
Insurance
Headquarter Address
1545 N Rte 130 Villa Grove Illinois IL 61956
Revenue
<$5 Million
Phone Number
+1 8002992914
Social Media
About Cimico
Central Illinois Mutual was established in 1892 in Pesotum, IL and has grown to be the largest farm mutual located in the State. Our goal is to take the stress off of our policyholders with specialized coverage they can rely on in a time of catastrophe. Our claims department has many years of experience and pride themselves in their prompt service after a major disaster. Our office employees striv

What Benefits Does Cimico Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cimico 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)
Work at Cimico?
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What Is the Cost of Living Near Champaign?

Understanding the cost of living near Champaign is key to truly evaluating a salary offer or your current compensation at Cimico.
Champaign's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 4.3% less than IL average). Central IL (Univ. of Illinois), housing affordable. MTD bus. When planning your budget based on a salary from Cimico, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Cimico salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MTD monthly pass, free for UofI) 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Cimico

1. What is the estimated average total compensation at Cimico?

Salary.com estimates that the average total compensation package at Cimico, which can include base salary, potential bonuses, and benefits, is around $84,743 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Cimico pay compared to Daniels Insurance Inc - Albuquerque?

The average annual salary at Cimico is $84,743, or an hourly wage of $41, in comparison to Daniels Insurance Inc - Albuquerque which pays $82,517 per year or $40 per hour.

3. Do salaries differ significantly between departments at Cimico?

Yes, salaries often differ between departments at Cimico due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Cimico?

Salary progression from an entry-level to a senior role at Cimico can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Cimico in Champaign is fair given the local cost of living?

To determine if a salary offer from Cimico in Champaign is fair, first compare the gross salary to our data for similar roles at Cimico and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Champaign" to understand its purchasing power.

6. Are promotions at Cimico usually accompanied by a significant salary increase?

Yes, promotions at Cimico are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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