What is the highest paying job at First Summit Financial?

Based on our latest data, the highest paying role at First Summit Financial is President, earning approximately $667,577 annually.

Where is First Summit Financial located?

First Summit Financial is headquartered in High Point, North Carolina, but may have operations in other locations within the Insurance sector.

What industry is First Summit Financial in?

First Summit Financial operates in the Insurance industry.

First Summit Financial Average Salary, Pay Ranges & Benefits

Q: What does First Summit Financial do?

According to the company's overview, First Summit Financial is an organization staffed with well-trained professionals who are committed to support and serve the independent producer, general agents, marketing organizations, trusted advisors, and other financial service professionals.

First Summit Financial Salary

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Salary at First Summit Financial

How Much Does First Summit Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at First Summit Financial. Based on our data, the highest paying job is the President, with an annual salary of $667,577. The table below outlines the annual salary ranges for most popular roles within the company.

President

$667,577 / year

Salary Range: $511,012 - $841,219

Executive

Business Development Director

$161,907 / year

Salary Range: $145,177 - $176,176

Business Development

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Current Job Openings at First Summit Financial

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

Is First Summit Financial’s Pay Competitive? Salary Benchmarking Analysis

How does First Summit Financial'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
Stone Claims Group Inc	$85,154	-1.3%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Firefly Admin Inc	$90,618	+5.1%	Reflects structural premiums typical of Firefly Admin Inc's large-cap national operations.
Physician Billers Inc	$90,460	+4.9%	Data suggests Physician Billers Inc's workforce skews heavily towards veteran, high-tenure roles.
1847 Private Client Group	$96,461	+11.9%	Influenced by prevailing union wage agreements specific to 1847 Private Client Group's sector.
Insurance Industry	$123,858	+43.6%	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 First Summit Financial's Salaries Compare to Similar Companies?

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

Stone Claims Group Inc

$85,154 / year

Salary Range: $74,921 - $96,283

Saint Petersburg, FL

Firefly Admin Inc

$90,618 / year

Salary Range: $79,732 - $102,465

Troy, NY

Physician Billers Inc

$90,460 / year

Salary Range: $79,594 - $102,282

Crown Point, IN

1847 Private Client Group

$96,461 / year

Salary Range: $84,873 - $109,074

Conshohocken, PA

Auctus Enterprises LLC

$83,245 / year

Salary Range: $73,235 - $94,161

Sulphur, LA

Tristar Insurance Services LLC

$83,962 / year

Salary Range: $73,876 - $94,942

Dunn, NC

InsureLife

$87,643 / year

Salary Range: $77,111 - $99,100

Raleigh, NC

Family Insurance Agency Inc

$87,812 / year

Salary Range: $77,267 - $99,295

Clayton, NC

Sewell Insurance Agency

$82,222 / year

Salary Range: $72,337 - $92,966

Emerald Isle, NC

Employee Reviews: Working at First Summit Financial

Considering a career at First Summit Financial? 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.

Leadership is accessible, and there’s a strong emphasis on work-life balance. The company also emphasizes diversity and inclusion, making it a welcoming workplace. The company fosters a collaborative environment where ideas are valued. This company operates smoothly with structured workflows. A stable employer for professionals. The leadership team is inspiring and genuinely cares about employee d...

Commented in April 30, 2025

The leadership team is approachable and genuinely cares about employee well-being. Community engagement initiatives allow employees to give back, adding purpose beyond daily tasks. The office environment is modern, and remote work options are available. I’ve built strong relationships here and feel appreciated for my contributions. The benefits package is robust, including retirement plans and hea...

Commented in February 06, 2025

the stability and benefits make it a reasonable choice for a long-term career. The company operates efficiently, and processes are well-structured. The office environment is modern, and remote work options add flexibility.

Commented in October 30, 2024

First Summit Financial Overview

Website

www.firstsummitfinancial.com

Founded In

2000

Employees

<25 employees

Industry

Insurance

Headquarter Address

2207 Eastchester Dr High Point North Carolina NC 27265

Revenue

<$5 Million

Phone Number

+1 4078783854

About First Summit Financial

First Summit Financial is an organization staffed with well-trained professionals who are committed to support and serve the independent producer, general agents, marketing organizations, trusted advisors, and other financial service professionals. Recognizing the importance of providing complete financial services, First Summit Financial represents well known insurance companies. Our growth and s

What Benefits Does First Summit Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Summit Financial 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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How Much Should You Be Earning?

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What Is the Cost of Living Near High Point?

Understanding the cost of living near High Point is key to truly evaluating a salary offer or your current compensation at First Summit Financial.

High Point's Cost of Living Index is approximately 82.3 (17.7% less expensive than US average; 14.3% less than NC average). Furniture Market, Piedmont Triad, affordable. Hi tran. When planning your budget based on a salary from First Summit Financial, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$800 - $1,200+	A significant portion of First Summit Financial salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $240	Electricity, Heating, Cooling, Water etc.
Public Transportation	Limited local transit	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	$300 - $580+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$350 - $640+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,020 - $3,210+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Summit Financial

1. What is the average salary for employees at First Summit Financial?

The average annual total compensation for employees at First Summit Financial is approximately $86,240. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,874 to $97,502, depending on factors like job role, experience, and location.

2. How much does First Summit Financial pay compared to Stone Claims Group Inc?

The average annual salary at First Summit Financial is $86,240, or an hourly wage of $41, in comparison to Stone Claims Group Inc which pays $85,154 per year or $41 per hour.

3. How does having a professional certification impact salary for relevant roles at First Summit Financial?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at First Summit Financial for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does First Summit Financial offer cost-of-living adjustments (COLA) for employees in high-cost areas like High Point?

While some companies offer formal COLA, many, including potentially First Summit Financial, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at First Summit Financial?

Most companies, likely including First Summit Financial, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.