DMC Mutual Insurance Association Salary

As of September 2026, the average annual salary for employees at DMC Mutual Insurance Association in the United States is $83,677. This translates to an approximate hourly wage of $40. Salaries at DMC Mutual Insurance Association typically range from $73,620 to $94,612 annually, reflecting the diverse roles and experience levels within the company.

How Much Does DMC Mutual Insurance Association Pay for Different Roles?

Explore detailed salary information for specific jobs at DMC Mutual Insurance Association. Based on our data, the highest paying job is the Policy Processor, with an annual salary of $26,804. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is DMC Mutual Insurance Association’s Pay Competitive? Salary Benchmarking Analysis

How does DMC Mutual Insurance Association'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
Home Mutual Insurance Co $85,639
+2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Compensation Advisory Organization of Michigan $90,713
+8.4%
Reflects a supply-demand imbalance for the specific talent Compensation Advisory Organization of Michigan targets.
Aspen Managing General Agency $90,249
+7.9%
Driven by niche technical certifications required for Aspen Managing General Agency's specialized projects.
Diamond Specialty $85,597
+2.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+48.0%
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 DMC Mutual Insurance Association

Considering a career at DMC Mutual Insurance Association? 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.
There are frequent recognition programs, which boost morale. The company culture is inclusive, and managers genuinely care about employee development. Leadership is transparent about company goals, which fosters trust. The team is professional, and processes are well-defined, reducing confusion. The insurance products are well-established, adding credibility to daily tasks.
Colleagues are easy to work with, and management is fair. Hybrid work policies are a plus, and the teams are cooperative. The company provides stable employment with standard industry benefits. Managers are invested in employee development, and teamwork is strong. The company maintains a strong reputation in the insurance market, which adds a sense of job security. Happy with my role here. The ins...
My experience here has been stable and reliable. The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. The compensation is competitive, and the benefits package is comprehensive. While innovation isn’t always rapid, processes are well-defined. The leadership team is supportive, and the work culture is inclusive.

DMC Mutual Insurance Association Overview

Website
www.dmcmutual.com
Founded In
1916
Employees
<25 employees
Industry
Insurance
Headquarter Address
800 Wapello St S Mediapolis Iowa IA 52637
Revenue
<$5 Million
Phone Number
+1 3193943173
Social Media
About DMC Mutual Insurance Association
Des Moines Mutual Insurance Company of Illinois. We provide excellent property/casualty insurance products for your home or farm.

What Benefits Does DMC Mutual Insurance Association Offer Beyond Salary?

A competitive compensation package is more than just a salary. DMC Mutual Insurance Association 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 DMC Mutual Insurance Association?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at DMC Mutual Insurance Association.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from DMC Mutual Insurance Association, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of DMC Mutual Insurance Association salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of DMC Mutual Insurance Association

1. What is the average salary for employees at DMC Mutual Insurance Association?

The average annual total compensation for employees at DMC Mutual Insurance Association is approximately $83,677. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,620 to $94,612, depending on factors like job role, experience, and location.

2. How much does DMC Mutual Insurance Association pay compared to Home Mutual Insurance Co?

The average annual salary at DMC Mutual Insurance Association is $83,677, or an hourly wage of $40, in comparison to Home Mutual Insurance Co which pays $85,639 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at DMC Mutual Insurance Association?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at DMC Mutual Insurance Association for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does DMC Mutual Insurance Association offer cost-of-living adjustments (COLA) for employees in high-cost areas like Des Moines?

While some companies offer formal COLA, many, including potentially DMC Mutual Insurance Association, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at DMC Mutual Insurance Association?

Most companies, likely including DMC Mutual Insurance Association, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.