Cumberland Surety Salary

As of August 2026, the average annual salary for employees at Cumberland Surety in the United States is $85,692. This translates to an approximate hourly wage of $41. Salaries at Cumberland Surety typically range from $75,398 to $96,893 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Cumberland Surety Pay for Different Roles?

Explore detailed salary information for specific jobs at Cumberland Surety. Based on our data, the highest paying job is the President, with an annual salary of $663,331. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Cumberland Surety

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

Is Cumberland Surety’s Pay Competitive? Salary Benchmarking Analysis

How does Cumberland Surety'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
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.
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 Cumberland Surety

Considering a career at Cumberland Surety? 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.
Benefits align with industry standards, and the office is comfortable. Benefits are excellent, including health and retirement plans. Benefits are standard for the insurance industry. Positive experience overall. The collaborative culture makes problem-solving efficient, and cross-department communication is smooth.
The insurance sector is fast-paced, but management ensures workloads are manageable. Highly recommend for professionals seeking stability in insurance. Hard work is rewarded, and management is transparent. It’s a great workplace for motivated professionals. The company offers excellent career growth opportunities, and the leadership team is supportive.
Colleagues are professional, and the work environment is stable. The pay is fair, though bonuses could be better. Bonuses and incentives are fair, and there’s a strong emphasis on work-life balance. The insurance industry can be demanding, but the supportive culture makes it manageable. I’ve grown professionally since joining this company. The training programs are excellent, helping staff develop...

Cumberland Surety Overview

Website
www.cumberlandsurety.com
Founded In
1985
Employees
<25 employees
Industry
Insurance
Headquarter Address
340 S Broadway Lexington Kentucky KY 40508
Revenue
<$5 Million
Phone Number
+1 8592548622
Social Media
About Cumberland Surety
Cumberland Surety, Inc., headquartered in Lexington, Kentucky specializes in the development of technical underwriting data to allow carriers to safely underwrite coal mining operations for Reclamation Bonds. It has managed a significant book of reclamation bonds since 1985. Through its affiliate, NewBridge Services, surety companies are provided specific on the ground risk evaluation and signific

What Benefits Does Cumberland Surety Offer Beyond Salary?

A competitive compensation package is more than just a salary. Cumberland Surety 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 Lexington?

Understanding the cost of living near Lexington is key to truly evaluating a salary offer or your current compensation at Cumberland Surety.
Lexington's Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 2.6% less than KY average). 'Horse Capital', Univ. of Kentucky, housing affordable. Lextran bus. When planning your budget based on a salary from Cumberland Surety, consider these typical monthly expenses:
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.

FAQs of Cumberland Surety

1. How much does a Cumberland Surety employee make?

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.

2. Which similar company tend to pay more or less than Cumberland Surety?

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.

3. How much does a President typically earn at Cumberland Surety?

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.

4. Do employees with advanced degrees (Master's, PhD) earn more at Cumberland Surety?

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.

5. How does the cost of living near Lexington affect the perceived value of a Cumberland Surety salary?

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.

6. What kind of benefits does Cumberland Surety typically offer employees?

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.