Draco Insurance Solutions Inc Salary

As of August 2026, the average annual salary for employees at Draco Insurance Solutions Inc in the United States is $102,664. This translates to an approximate hourly wage of $49. Salaries at Draco Insurance Solutions Inc typically range from $90,334 to $116,086 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Draco Insurance Solutions Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Draco Insurance Solutions Inc. Based on our data, the highest paying job is the Underwriter, with an annual salary of $88,836. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Draco Insurance Solutions Inc

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

Is Draco Insurance Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Draco Insurance Solutions Inc'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
Broward Hall Insurance Agency $79,331
-22.7%
Broward Hall Insurance Agency focuses strategically on recruiting and training entry-level apprentices.
Securum LLC $98,613
-3.9%
Securum LLC likely leverages performance bonuses over the high base salary shown here.
Locey & Cahill LLC $88,698
-13.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Fireman's Fund Insurance Co $95,470
-7.0%
Normalized for lower cost-of-living zones where Fireman's Fund Insurance Co primarily operates.
Insurance Industry $123,858
+20.6%
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 Draco Insurance Solutions Inc

Considering a career at Draco Insurance Solutions Inc? 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 compensation is competitive, and the benefits package is comprehensive. Health benefits, retirement plans, and work flexibility are excellent. I’ve had opportunities to attend industry conferences and training sessions, which have helped me grow in my role. The compensation is fair, and the team is highly collaborative.
I’ve enjoyed my time here due to the strong teamwork and supportive management. Compensation is fair, though not the highest in the industry. The company offers competitive benefits and a supportive team environment. Managers are approachable, and employees are encouraged to share ideas. The workplace is organized, and tasks are clearly assigned. Training opportunities are abundant, helping employ...
The insurance industry expertise here is impressive, and training is thorough. The office environment is welcoming, and there’s a strong sense of camaraderie. With thousands of employees, there’s diversity in teams, which enhances creativity.

Draco Insurance Solutions Inc Overview

Website
www.dracoinsurance.com
Founded In
2009
Employees
<25 employees
Industry
Insurance
Headquarter Address
470 W Broadway Boston Massachusetts MA 02127
Revenue
<$5 Million
Phone Number
+1 6179633570
Social Media
About Draco Insurance Solutions Inc
At Draco Insurance Solutions, it is our mission to guard our customers' businesses and their livelihood. We strive to partner only with best-in-class insurance agents who provide the same level of customer service and quality insurance as we do. We believe buying insurance and filing a claim should be easy, which is why we offer creative solutions to difficult problems, provide fast and efficient

What Benefits Does Draco Insurance Solutions Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Draco Insurance Solutions Inc 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Draco Insurance Solutions Inc.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Draco Insurance Solutions Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Draco Insurance Solutions Inc salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Draco Insurance Solutions Inc

1. What is the typical salary range (low to high) for most roles at Draco Insurance Solutions Inc?

The typical annual salary range for most roles at Draco Insurance Solutions Inc is approximately from $90,334 to $116,086. 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 Draco Insurance Solutions Inc pay compared to Broward Hall Insurance Agency?

The average annual salary at Draco Insurance Solutions Inc is $102,664, or an hourly wage of $49, in comparison to Broward Hall Insurance Agency which pays $79,331 per year or $38 per hour.

3. How does experience level affect salary at Draco Insurance Solutions Inc?

Experience level is a significant factor in determining salary at Draco Insurance Solutions Inc, 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.

4. How can I determine if a salary offer from Draco Insurance Solutions Inc in Boston is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Draco Insurance Solutions Inc?

Several key factors influence salary levels at Draco Insurance Solutions Inc. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Draco Insurance Solutions Inc likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.