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FiB Insurance Salary

FiB Insurance Salary

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As of September 2026, the average annual salary for employees at FiB Insurance in the United States is $88,171. This translates to an approximate hourly wage of $42. Salaries at FiB Insurance typically range from $77,578 to $99,697 annually, reflecting the diverse roles and experience levels within the company.

How Much Does FiB Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at FiB Insurance. Based on our data, the highest paying job is the Senior Vice President, with an annual salary of $174,670. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is FiB Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does FiB 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
Bill Fralic Insurance Services Inc $88,951
+0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Diebold Insurance Agency $84,996
-3.6%
Diebold Insurance Agency focuses strategically on recruiting and training entry-level apprentices.
Gress Kinney Parrish Insurance Center Inc $93,360
+5.9%
Data suggests Gress Kinney Parrish Insurance Center Inc's workforce skews heavily towards veteran, high-tenure roles.
C a Weber Agency Inc $93,635
+6.2%
Reflects structural premiums typical of C a Weber Agency Inc's large-cap national operations.
Insurance Industry $123,858
+40.5%
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 FiB Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at FiB Insurance

Considering a career at FiB 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.
Team members are friendly, and the work is fulfilling. Work-life balance is respected, and the benefits package is robust. The company values employee feedback, and management is responsive. This is a fantastic place for insurance professionals.
Commented in April 24, 2025
8
0
I’m pleased with my experience at this company. The diversity and inclusion initiatives are commendable. I’ve been with this insurance firm for over two years, and it’s been a fantastic journey. A great place for long-term professional development.
Commented in April 10, 2025
45
2
Compensation is competitive, aligning with industry standards. Leadership encourages creative problem-solving, and colleagues are collaborative. Managers are approachable, and the team dynamic is strong. The company fosters a culture of innovation and teamwork. Employees are encouraged to share ideas, and leadership listens. The onboarding process was smooth, and mentors were assigned to help me a...
Commented in January 09, 2025
33
1

FiB Insurance Overview

Website
www.fibinsurance.com
Founded In
1998
Employees
<25 employees
Industry
Insurance
Headquarter Address
12001 SW 128th Ct Miami Florida FL 33186
Revenue
$5 Million - $10 Million
Phone Number
+1 3054419932
Social Media
About FiB Insurance
FIB Insurance is a leading provider of business insurance in Miami and Pembroke Pines, FL. We offer a full range of commercial insurance coverage options.

What Benefits Does FiB Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. FiB 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)
Work at FiB Insurance?
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What Is the Cost of Living Near Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at FiB Insurance.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from FiB Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of FiB Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) 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 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of FiB Insurance

1. What is the estimated average total compensation at FiB Insurance?

Salary.com estimates that the average total compensation package at FiB Insurance, which can include base salary, potential bonuses, and benefits, is around $88,171 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does FiB Insurance pay compared to Bill Fralic Insurance Services Inc?

The average annual salary at FiB Insurance is $88,171, or an hourly wage of $42, in comparison to Bill Fralic Insurance Services Inc which pays $88,951 per year or $43 per hour.

3. Do salaries differ significantly between departments at FiB Insurance?

Yes, salaries often differ between departments at FiB Insurance 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 FiB Insurance?

Salary progression from an entry-level to a senior role at FiB Insurance 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 FiB Insurance in Miami is fair given the local cost of living?

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

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

Yes, promotions at FiB Insurance 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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