Fastcomp Salary

Fastcomp Salary

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As of April 2026, the average annual salary for employees at Fastcomp in the United States is $88,213. This translates to an approximate hourly wage of $42. Salaries at Fastcomp typically range from $77,606 to $99,734 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Fastcomp Pay for Different Roles?

Explore detailed salary information for specific jobs at Fastcomp. Based on our data, the highest paying job is the Manager, Underwriting, with an annual salary of $107,103. 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 Fastcomp

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

Is Fastcomp’s Pay Competitive? Salary Benchmarking Analysis

How does Fastcomp'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
Answer Title $102,748
+16.5%
Data suggests Answer Title's workforce skews heavily towards veteran, high-tenure roles.
Iori Insurance Agency $88,761
+0.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
United Group Alliance $86,441
-2.0%
Suggests United Group Alliance utilizes a highly similar base-plus-benefits compensation model.
Preferred Benefits LLC $88,287
+0.1%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Insurance Industry $123,858
+40.4%
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 Fastcomp's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Fastcomp

Considering a career at Fastcomp? 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 services we offer are reputable, making our work meaningful. The insurance work is demanding, but the company provides excellent tools and training. The insurance industry is dynamic, but the team adapts well. Overall, it’s a stable and supportive workplace where hard work is recognized.
Commented in April 17, 2025
38
1
The company has a strong sense of community, and leadership ensures transparency in decision-making. The benefits, including health and retirement plans, are excellent. The company invests in training and skills development for employees. Training programs are thorough, ensuring everyone is well-prepared for their roles. Happy to be here. The team is friendly, and leadership is transparent about c...
Commented in January 28, 2025
21
1
A good fit for those seeking consistency in their career. The organization is large enough to provide job security but can sometimes feel bureaucratic due to its size. The management team is accessible and invests in employee success. The company offers great training and development programs. The office culture is welcoming, making it easy to collaborate.
Commented in November 06, 2024
30
2

Fastcomp Overview

Website
www.fastcomp.com
Founded In
1998
Employees
<25 employees
Industry
Insurance
Headquarter Address
6555 Dean Memorial Pkwy Boston Heights Ohio OH 44236
Revenue
$5 Million - $10 Million
Phone Number
+1 8004762948
Social Media
About Fastcomp
Fastcomp has focused exclusively on monoline work comp for Independent Agents since 1998, creating and evolving a frictionless technology platform that delivers more insureds with less effort. With the introduction of Multiple Quote Automation, Fastcomp now puts virtually the entire market in one place for those Agents... their own desktops.

What Benefits Does Fastcomp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Fastcomp 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Fastcomp.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Fastcomp, 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 Fastcomp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA 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 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Fastcomp

1. What is the estimated average total compensation at Fastcomp?

Salary.com estimates that the average total compensation package at Fastcomp, which can include base salary, potential bonuses, and benefits, is around $88,213 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Fastcomp pay compared to Answer Title?

The average annual salary at Fastcomp is $88,213, or an hourly wage of $42, in comparison to Answer Title which pays $102,748 per year or $49 per hour.

3. Do salaries differ significantly between departments at Fastcomp?

Yes, salaries often differ between departments at Fastcomp 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Fastcomp?

Salary progression from an entry-level to a senior role at Fastcomp can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

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

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

6. Are promotions at Fastcomp usually accompanied by a significant salary increase?

Yes, promotions at Fastcomp are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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