Elco Claims Services Salary

Elco Claims Services Salary

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As of August 2026, the average annual salary for employees at Elco Claims Services in the United States is $87,801. This translates to an approximate hourly wage of $42. Salaries at Elco Claims Services typically range from $77,258 to $99,283 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Elco Claims Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Elco Claims Services. Based on our data, the highest paying job is the Claims Administrator, with an annual salary of $69,734. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Elco Claims Services

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

Is Elco Claims Services’s Pay Competitive? Salary Benchmarking Analysis

How does Elco Claims Services'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
My Smart Quote $84,774
-3.4%
My Smart Quote likely leverages performance bonuses over the high base salary shown here.
Reynolds County Health Center $89,489
+1.9%
Indicates identical technical requirements and experience levels between the two firms.
State Farm VP Management Corp $87,960
+0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Auto Insurance Depot Inc $85,070
-3.1%
Auto Insurance Depot Inc operates with a leaner overhead structure, impacting base wage offers.
Insurance Industry $123,858
+41.1%
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.

How Elco Claims Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Elco Claims Services. Click a company name to learn more.

Employee Reviews: Working at Elco Claims Services

Considering a career at Elco Claims Services? 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 workplace is well-organized, and processes are clearly defined. The compensation is fair, and the team is highly collaborative. Benefits, including health and retirement plans, are excellent. The benefits package is robust, and work-life balance is respected. The work-life balance is fair, and the benefits are competitive.
Commented in April 14, 2025
8
1
The benefits package, including dental and vision, is impressive. The compensation is competitive, and the benefits package is comprehensive. Great place to work if you’re looking for stability and growth. Supportive supervisors. Managers are accessible and provide constructive feedback. Benefits are standard, and the work environment is low-drama.
Commented in February 02, 2025
15
3
The insurance industry is regulated, so processes are well-defined. The company has a supportive culture, and managers are invested in employee development. The company follows structured workflows, ensuring efficiency.
Commented in August 20, 2024
39
0

Elco Claims Services Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
4801 Johnson Rd Coconut Creek Florida FL 33073
Revenue
<$5 Million
Phone Number
+1 9549493160
Social Media
About Elco Claims Services
Elco Claims Services is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Coconut Creek, Florida.

What Benefits Does Elco Claims Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elco Claims Services 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 Fort Lauderdale?

Understanding the cost of living near Fort Lauderdale is key to truly evaluating a salary offer or your current compensation at Elco Claims Services.
Fort Lauderdale's Cost of Living Index is approximately 116.3 (16.3% more expensive than US average; 12.8% more than FL average). South FL coastal city, 'Venice of America', high housing costs, boating culture. Broward County Transit, Water Taxi, Brightline. When planning your budget based on a salary from Elco Claims Services, 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 Elco Claims Services 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) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $830+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,330 - $5,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elco Claims Services

1. What is the typical salary range (low to high) for most roles at Elco Claims Services?

The typical annual salary range for most roles at Elco Claims Services is approximately from $77,258 to $99,283. 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 Elco Claims Services pay compared to My Smart Quote?

The average annual salary at Elco Claims Services is $87,801, or an hourly wage of $42, in comparison to My Smart Quote which pays $84,774 per year or $41 per hour.

3. How does experience level affect salary at Elco Claims Services?

Experience level is a significant factor in determining salary at Elco Claims Services, 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 Elco Claims Services in Fort Lauderdale is fair given the local cost of living?

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

5. What factors influence salary increases at Elco Claims Services?

Salary increases at Elco Claims Services are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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