El Mag Insurance Salary

As of September 2026, the average annual salary for employees at El Mag Insurance in the United States is $87,443. This translates to an approximate hourly wage of $42. Salaries at El Mag Insurance typically range from $76,928 to $98,856 annually, reflecting the diverse roles and experience levels within the company.

How Much Does El Mag Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at El Mag Insurance. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $676,885. The table below outlines the annual salary ranges for most popular roles within the company.
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Is El Mag Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does El Mag Insurance'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
Dan Gilbert Insurance Agency $82,559
-5.6%
Dan Gilbert Insurance Agency may offer non-monetary perks in lieu of competitive base salaries.
Exclusive Healthcare $88,181
+0.8%
Confirms Exclusive Healthcare is a direct competitor vying for the exact same talent pool.
We Need Healthcare Inc $86,283
-1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
American Select Health $91,124
+4.2%
Influenced by prevailing union wage agreements specific to American Select Health's sector.
Insurance Industry $123,858
+41.6%
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 El Mag Insurance

Considering a career at El Mag Insurance? 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.
While advancement opportunities are present, they may take time to materialize. Team outings and wellness programs add to the positive experience. A fantastic place to work and advance. Compensation is competitive, with regular performance reviews. The insurance industry is fast-paced, but the company provides the tools needed to succeed. The workload is predictable, which can be good for those wh...
I’ve been with this insurance firm for several years and have seen consistent growth. The company operates efficiently, with clear hierarchies and processes. I’m satisfied with my role and the growth opportunities available. The training programs are excellent, helping staff develop key skills. Compensation is fair, and flexible work options are a plus.
Management communicates company updates regularly, though decision-making can sometimes take longer than expected. The company fosters a collaborative environment where employees are encouraged to grow professionally. Management is fair, and the team is collaborative. With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly. O...

El Mag Insurance Overview

Website
www.elmaginsurance.com
Founded In
2015
Employees
<25 employees
Industry
Insurance
Headquarter Address
1639 S 21st Ave Hollywood Florida FL 33020
Revenue
$5 Million - $10 Million
Phone Number
+1 9546741444
Social Media
About El Mag Insurance
El-Mag Insurance is a insurance agency specializes in health insurance and obama health care and medicare part C plans. Book an appointment now.

What Benefits Does El Mag Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. El Mag Insurance 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 Hollywood?

Understanding the cost of living near Hollywood is key to truly evaluating a salary offer or your current compensation at El Mag Insurance.
Hollywood's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 8.7% more than FL average). Broward County coastal city between FLL and MIA, housing costs are high. BCT, Hollywood Trolley. When planning your budget based on a salary from El Mag Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of El Mag Insurance salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (BCT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,040+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of El Mag Insurance

1. What is the average salary for employees at El Mag Insurance?

The average annual total compensation for employees at El Mag Insurance is approximately $87,443. However, this is an aggregate figure, actual salaries can range significantly, typically from $76,928 to $98,856, depending on factors like job role, experience, and location.

2. How much does El Mag Insurance pay compared to Dan Gilbert Insurance Agency?

The average annual salary at El Mag Insurance is $87,443, or an hourly wage of $42, in comparison to Dan Gilbert Insurance Agency which pays $82,559 per year or $40 per hour.

3. How does having a professional certification impact salary for relevant roles at El Mag Insurance?

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 El Mag Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does El Mag Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Hollywood?

While some companies offer formal COLA, many, including potentially El Mag Insurance, 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 El Mag Insurance?

Most companies, likely including El Mag Insurance, 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.