Forreston Mutual Insurance Co Salary

Forreston Mutual Insurance Co Salary

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As of August 2026, the average annual salary for employees at Forreston Mutual Insurance Co in the United States is $91,831. This translates to an approximate hourly wage of $44. Salaries at Forreston Mutual Insurance Co typically range from $80,777 to $103,855 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Forreston Mutual Insurance Co

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

Is Forreston Mutual Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Forreston Mutual Insurance Co'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
American Pet Insurance Co $104,014
+13.3%
Adjusted for higher cost-of-living indices in American Pet Insurance Co's primary metro hubs.
Illinois Municipal League $87,464
-4.8%
Typical compensation structure for smaller regional agencies like Illinois Municipal League.
CNA Group Life Assurance Co $100,037
+8.9%
Driven by niche technical certifications required for CNA Group Life Assurance Co's specialized projects.
Nationwide Public Adjusters $100,965
+9.9%
Influenced by prevailing union wage agreements specific to Nationwide Public Adjusters's sector.
Insurance Industry $123,858
+34.9%
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 Forreston Mutual Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Forreston Mutual Insurance Co

Considering a career at Forreston Mutual Insurance Co? 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.
Managers are invested in employee development, and teamwork is strong. A company with average benefits. It’s a reliable employer with long-term potential. Flexible scheduling is a major perk, and professional growth is encouraged.
Commented in May 04, 2025
44
2
It is innovative, it offers stability and fair compensation. The team is collaborative, and morale is generally high. Leadership is approachable, and the company values employee feedback. the stability and benefits make it a reasonable choice for a long-term career. Expectations are clear, and processes are efficient. Working here has been a positive and growth-oriented experience.
Commented in February 10, 2025
15
1
It’s a great place for insurance professionals looking for stability and growth. A good fit for those seeking consistency in the insurance field. Strong training programs. Compensation aligns with industry standards, and benefits are satisfactory. The insurance products are well-regarded, which simplifies client interactions.
Commented in May 06, 2024
32
3
The company also promotes diversity and inclusion, making it a welcoming place for all. The team is professional, and communication is effective. Management is proactive in recognizing hard work and providing opportunities for advancement. The insurance industry expertise here is impressive, and ongoing training keeps skills sharp. There’s a good mix of challenges and rewards, making each day enga...
Commented in March 31, 2024
42
2

Forreston Mutual Insurance Co Overview

Website
www.forrestonmutual.com
Founded In
1877
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
208 N Walnut Ave Forreston Illinois IL 61030
Revenue
$5 Million - $10 Million
Phone Number
+1 8009382270
Social Media
About Forreston Mutual Insurance Co
We are proud to be a provider of insurance protection for homes and farms in the state of Illinois for more than 140 years. Presently, we sell exclusively through independent agents located in and around small- to mid-sized towns throughout the state. As a mutual company, we are owned by our policyholders so your interests are our primary focus, not the interests of business owners or shareholders

What Benefits Does Forreston Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forreston Mutual Insurance Co 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 Rockford?

Understanding the cost of living near Rockford is key to truly evaluating a salary offer or your current compensation at Forreston Mutual Insurance Co.
Rockford's Cost of Living Index is approximately 77.8 (22.2% less expensive than US average; 17.1% less than IL average). Northern IL city, very affordable housing. RMTD bus. When planning your budget based on a salary from Forreston Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,100+ A significant portion of Forreston Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (RMTD monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,945 - $3,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forreston Mutual Insurance Co

1. What is the typical salary range (low to high) for most roles at Forreston Mutual Insurance Co?

The typical annual salary range for most roles at Forreston Mutual Insurance Co is approximately from $80,777 to $103,855. 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 Forreston Mutual Insurance Co pay compared to American Pet Insurance Co?

The average annual salary at Forreston Mutual Insurance Co is $91,831, or an hourly wage of $44, in comparison to American Pet Insurance Co which pays $104,014 per year or $50 per hour.

3. Do salaries differ significantly between departments at Forreston Mutual Insurance Co?

Yes, salaries often differ between departments at Forreston Mutual Insurance Co 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 Forreston Mutual Insurance Co?

Experience level is a significant factor in determining salary at Forreston Mutual Insurance Co, 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 Forreston Mutual Insurance Co in Rockford is fair given the local cost of living?

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

6. What factors influence salary increases at Forreston Mutual Insurance Co?

Salary increases at Forreston Mutual Insurance Co 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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