| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Mopar Service Contract | $89,763 |
+4.8%
|
Reflects structural premiums typical of Mopar Service Contract's large-cap national operations. |
| Anderson-Frazier Insurance | $81,409 |
-5.0%
|
Typical compensation structure for smaller regional agencies like Anderson-Frazier Insurance. |
| Compass Benefit Specialists Inc | $89,426 |
+4.4%
|
Influenced by prevailing union wage agreements specific to Compass Benefit Specialists Inc's sector. |
| Phoenix Special Risk Inc | $87,875 |
+2.5%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Insurance Industry | $123,858 |
+44.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$89,763 / year
Salary Range: $78,980 - $101,502
Adrian, MI
$81,409 / year
Salary Range: $71,631 - $92,052
Hope, AR
$89,426 / year
Salary Range: $78,678 - $101,112
Brookfield, WI
$87,875 / year
Salary Range: $77,322 - $99,356
Suwanee, GA
$100,786 / year
Salary Range: $88,685 - $113,964
Northridge, CA
$85,228 / year
Salary Range: $74,985 - $96,356
Lexington, KY
$89,088 / year
Salary Range: $78,385 - $100,734
Richardson, TX
$106,651 / year
Salary Range: $93,844 - $120,598
Valley Stream, NY
$87,169 / year
Salary Range: $76,699 - $98,563
Grand Ledge, MI
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) | $950 - $1,500+ | A significant portion of Cumberland Surety salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $30 (Lextran monthly pass, free for UK) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $360 - $680+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $680+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,240 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Cumberland Surety pays its employees an average of $85,692 per year. The average salary at Cumberland Surety range from $75,398 to $96,893 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 Cumberland Surety is lesser than the similar company. The average annual salary at Cumberland Surety is $85,692, or an hourly wage of $41, in comparison to Mopar Service Contract which pays $89,763 per year or $43 per hour.
A President at Cumberland Surety typically earns an average annual base salary of around $663,331, with a general range of $507,802 to $835,959.
In many roles at Cumberland Surety, 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.
Lexington's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 2.6% less than KY average). This significantly impacts the purchasing power of a salary from Cumberland Surety based there. Our "Cost of Living Insights for Lexington" module details this impact, helping you assess the 'real feel' value of your compensation.
Cumberland Surety 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 Cumberland Surety" section on this page.
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