Diamond Specialty Salary

As of September 2026, the average annual salary for employees at Diamond Specialty in the United States is $85,597. This translates to an approximate hourly wage of $41. Salaries at Diamond Specialty typically range from $75,315 to $96,783 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Diamond Specialty Pay for Different Roles?

Explore detailed salary information for specific jobs at Diamond Specialty. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $662,596. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Diamond Specialty’s Pay Competitive? Salary Benchmarking Analysis

How does Diamond Specialty'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
Aspen Managing General Agency $90,249
+5.4%
Driven by niche technical certifications required for Aspen Managing General Agency's specialized projects.
Independent Mutual Fire Insurance Co $93,128
+8.8%
Adjusted for higher cost-of-living indices in Independent Mutual Fire Insurance Co's primary metro hubs.
AultComp MCO Inc $88,128
+3.0%
Indicates identical technical requirements and experience levels between the two firms.
FBAlliance Insurance Inc $95,016
+11.0%
Supported by FBAlliance Insurance Inc's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+44.7%
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 Diamond Specialty

Considering a career at Diamond Specialty? 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 products we handle are diverse, keeping the job interesting. Processes are structured. Compensation is fair, and flexible work options are a plus. Expectations are clear, and processes are efficient. The work environment is positive, and colleagues are supportive.
The company culture is one of the best I’ve experienced. Reliable employer with standard industry practices. Training is comprehensive, and managers are supportive of skill development. Processes are well-documented, reducing confusion in daily tasks. The culture is positive, and teamwork is encouraged. Leadership fosters a culture of respect and innovation. There are occasional training sessions,...
It’s a stable workplace for those who prefer routine and predictability in their job. The company culture is supportive, and employees are treated with respect. A good fit for those seeking consistency in their career. I’ve had a great experience working here due to the supportive culture and leadership.

Diamond Specialty Overview

Website
www.diamondspecialty.com
Founded In
2015
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 98 Franklin Tennessee TN 37065
Revenue
$5 Million - $10 Million
Phone Number
+1 8882788121
Social Media
About Diamond Specialty
Diamond Specialty is a group of leaders, dreamers, doers, and problem-solvers focused on making your experience with insurance great.

What Benefits Does Diamond Specialty Offer Beyond Salary?

A competitive compensation package is more than just a salary. Diamond Specialty 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Franklin?

Understanding the cost of living near Franklin is key to truly evaluating a salary offer or your current compensation at Diamond Specialty.
Franklin's Cost of Living Index is approximately 120.8 (20.8% more expensive than US average; 33.9% more than TN average). Affluent Nashville suburb (Williamson Co.), historic, very high housing costs. TMA Group/WeGo. When planning your budget based on a salary from Diamond Specialty, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,700+ A significant portion of Diamond Specialty salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local, WeGo access Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,300 - $5,170+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Diamond Specialty

1. What is the typical salary range (low to high) for most roles at Diamond Specialty?

The typical annual salary range for most roles at Diamond Specialty is approximately from $75,315 to $96,783. 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. How much does Diamond Specialty pay compared to Aspen Managing General Agency?

The average annual salary at Diamond Specialty is $85,597, or an hourly wage of $41, in comparison to Aspen Managing General Agency which pays $90,249 per year or $43 per hour.

3. Do salaries differ significantly between departments at Diamond Specialty?

Yes, salaries often differ between departments at Diamond Specialty 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. How does experience level affect salary at Diamond Specialty?

Experience level is a significant factor in determining salary at Diamond Specialty, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

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

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

6. Why might an individual's actual salary at Diamond Specialty differ from the ranges shown here?

An individual's actual salary at Diamond Specialty can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.