Ference Insurance Agency Salary

Ference Insurance Agency Salary

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As of May 2026, the average annual salary for employees at Ference Insurance Agency in the United States is $82,095. This translates to an approximate hourly wage of $39. Salaries at Ference Insurance Agency typically range from $72,236 to $92,820 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Ference Insurance Agency

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

Is Ference Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Ference Insurance Agency'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
Gls Insurance $87,211
+6.2%
Reflects structural premiums typical of Gls Insurance's large-cap national operations.
Insurance Network $85,776
+4.5%
Data suggests Insurance Network's workforce skews heavily towards veteran, high-tenure roles.
L Insurance and Professional Services $101,524
+23.7%
Influenced by prevailing union wage agreements specific to L Insurance and Professional Services's sector.
OIG Insurance $86,715
+5.6%
Driven by niche technical certifications required for OIG Insurance's specialized projects.
Insurance Industry $123,858
+50.9%
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 Ference Insurance Agency's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ference Insurance Agency

Considering a career at Ference Insurance Agency? 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.
Communication from leadership is consistent, though more mentorship would be beneficial. The office culture is inclusive, and there are regular team-building activities that keep morale high. Compensation and benefits are strong. Career advancement is possible, with clear pathways for motivated individuals.
Commented in April 11, 2025
42
0
The team is knowledgeable and always willing to help. Suitable for those who value consistency. Enjoy the collaborative culture. Overall, it’s a stable and supportive workplace with opportunities for career advancement. Training resources are abundant, helping employees stay updated in the insurance field. The leadership team is engaged, and there are regular check-ins to ensure job satisfaction. ...
Commented in October 09, 2024
9
3
The team is supportive, and management is flexible when needed. The compensation package is fair, and there are opportunities for bonuses. Bonuses and incentives are fair, and there’s a strong emphasis on work-life balance. Colleagues are professional, though team bonding is minimal.
Commented in March 10, 2024
34
1

Ference Insurance Agency Overview

Website
www.ferencearison.com
Founded In
2002
Employees
<25 employees
Industry
Insurance
Headquarter Address
304 SW 140th Ter Newberry Florida FL 32669
Revenue
$5 Million - $10 Million
Phone Number
+1 3523325720
Social Media
About Ference Insurance Agency
Ference Insurance Agency's group client list includes over 70 companies within diverse fields of business and in a range of employee sizes has given us the experience to provide the best service and products to companies. Ference Insurance Agency operates two offices in Florida with over 40 licensed agents. Ference Insurance Agency offers a full-suite of products and services to meet your employee

What Benefits Does Ference Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ference Insurance Agency 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 Jacksonville?

Understanding the cost of living near Jacksonville is key to truly evaluating a salary offer or your current compensation at Ference Insurance Agency.
Jacksonville's Cost of Living Index is approximately 94.2 (5.8% less expensive than US average; 8.6% less than FL average). Large FL city, relatively affordable housing compared to South FL/Orlando/Tampa. JTA bus/Skyway. When planning your budget based on a salary from Ference Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Ference Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (JTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,500 - $3,850+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ference Insurance Agency

1. What is the typical salary range (low to high) for most roles at Ference Insurance Agency?

The typical annual salary range for most roles at Ference Insurance Agency is approximately from $72,236 to $92,820. 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 Ference Insurance Agency pay compared to Gls Insurance?

The average annual salary at Ference Insurance Agency is $82,095, or an hourly wage of $39, in comparison to Gls Insurance which pays $87,211 per year or $42 per hour.

3. Do salaries differ significantly between departments at Ference Insurance Agency?

Yes, salaries often differ between departments at Ference Insurance Agency 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. How does experience level affect salary at Ference Insurance Agency?

Experience level is a significant factor in determining salary at Ference Insurance Agency, 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.

5. How can I determine if a salary offer from Ference Insurance Agency in Jacksonville is fair given the local cost of living?

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

6. What factors influence salary increases at Ference Insurance Agency?

Salary increases at Ference Insurance Agency 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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