First Midwest Insurance Group LLC Salary

As of August 2026, the average annual salary for employees at First Midwest Insurance Group LLC in the United States is $101,683. This translates to an approximate hourly wage of $49. Salaries at First Midwest Insurance Group LLC typically range from $89,445 to $115,037 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at First Midwest Insurance Group LLC

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Is First Midwest Insurance Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does First Midwest Insurance Group LLC'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
Insurance Navy Inc $101,746
+0.1%
Indicates identical technical requirements and experience levels between the two firms.
CAL-KOR Insurance $107,769
+6.0%
Reflects structural premiums typical of CAL-KOR Insurance's large-cap national operations.
Car Insurance Rates $104,626
+2.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Collier Insurance $86,947
-14.5%
Collier Insurance operates with a leaner overhead structure, impacting base wage offers.
Insurance Industry $123,858
+21.8%
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 First Midwest Insurance Group LLC

Considering a career at First Midwest Insurance Group LLC? 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.
Processes here are well-structured, making daily tasks straightforward. The workplace is efficient, with clear expectations and processes. The benefits are excellent, including performance bonuses and tuition reimbursement for further education. Benefits like remote work and wellness programs add value. The training programs are top-notch, helping employees stay updated on industry trends.
The workload is manageable, and the company offers good health benefits. The office setup is functional, and communication from leadership is consistent. Colleagues are collaborative, and the environment is motivating. A great environment for ambitious professionals. The insurance processes are well-structured, and the team is efficient. The workplace is well-structured, and processes are clearly ...
The hybrid work model is a great perk. The company provides a stable and rewarding career in the insurance industry. Flexible hours and remote options improve productivity. The company invests in technology, making daily tasks more efficient.

First Midwest Insurance Group LLC Overview

Website
www.firstmidwestinsurance.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
2720 S River Rd Des Plaines Illinois IL 60018
Revenue
$10 Million - $50 Million
Phone Number
+1 8472996670
Social Media
About First Midwest Insurance Group LLC
First Midwest Insurance Group LLC is a company that operates in the Insurance industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Des Plaines, Illinois.

What Benefits Does First Midwest Insurance Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Midwest Insurance Group LLC 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 Des Plaines?

Understanding the cost of living near Des Plaines is key to truly evaluating a salary offer or your current compensation at First Midwest Insurance Group LLC.
Des Plaines' Cost of Living Index is approximately 103.8 (3.8% more expensive than US average; 10.7% more than IL average). NW Chicago suburb near O'Hare, housing costs near US avg. Pace bus, Metra rail. When planning your budget based on a salary from First Midwest Insurance Group LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,850+ A significant portion of First Midwest Insurance Group LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $370 - $670+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,590 - $4,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Midwest Insurance Group LLC

1. What is the typical salary range (low to high) for most roles at First Midwest Insurance Group LLC?

The typical annual salary range for most roles at First Midwest Insurance Group LLC is approximately from $89,445 to $115,037. 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 First Midwest Insurance Group LLC pay compared to Insurance Navy Inc?

The average annual salary at First Midwest Insurance Group LLC is $101,683, or an hourly wage of $49, in comparison to Insurance Navy Inc which pays $101,746 per year or $49 per hour.

3. How does experience level affect salary at First Midwest Insurance Group LLC?

Experience level is a significant factor in determining salary at First Midwest Insurance Group LLC, 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 First Midwest Insurance Group LLC in Des Plaines is fair given the local cost of living?

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

5. What factors influence salary increases at First Midwest Insurance Group LLC?

Salary increases at First Midwest Insurance Group LLC 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.