| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| PGH Insurance Group LLC | $86,483 |
-15.2%
|
PGH Insurance Group LLC may offer non-monetary perks in lieu of competitive base salaries. |
| Pik West Insurance Agency LLC | $99,499 |
-2.5%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Carey Insurance Agency Inc | $87,411 |
-14.3%
|
Carey Insurance Agency Inc operates with a leaner overhead structure, impacting base wage offers. |
| Peninsula General Insurance Agency Inc | $100,470 |
-1.5%
|
Confirms Peninsula General Insurance Agency Inc is a direct competitor vying for the exact same talent pool. |
| Insurance Industry | $123,858 |
+21.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,483 / year
Salary Range: $76,094 - $97,783
Lebanon, IN
$99,499 / year
Salary Range: $87,548 - $112,501
Renton, WA
$87,411 / year
Salary Range: $76,910 - $98,844
Harrisburg, NC
$100,470 / year
Salary Range: $88,401 - $113,598
Torrance, CA
$84,932 / year
Salary Range: $74,729 - $96,027
New Philadelphia, OH
$92,896 / year
Salary Range: $81,739 - $105,038
Springfield, MA
$101,767 / year
Salary Range: $89,537 - $115,062
Belmont, MA
$89,658 / year
Salary Range: $78,880 - $101,368
Athens, MI
$80,260 / year
Salary Range: $70,614 - $90,747
Hampton, IA
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) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of Coverage by Design salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $5,177 - $7,877+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Coverage by Design pays its employees an average of $102,031 per year. The average salary at Coverage by Design range from $89,775 to $115,367 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 Coverage by Design is higher than the similar company. The average annual salary at Coverage by Design is $102,031, or an hourly wage of $49, in comparison to PGH Insurance Group LLC which pays $86,483 per year or $42 per hour.
A Managing Director at Coverage by Design typically earns an average annual base salary of around $789,808, with a general range of $604,635 to $995,345.
In many roles at Coverage by Design, 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.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Coverage by Design based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.
Coverage by Design 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 Coverage by Design" section on this page.
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