Forward Mutual Insurance Co Salary

As of August 2026, the average annual salary for employees at Forward Mutual Insurance Co in the United States is $88,508. This translates to an approximate hourly wage of $43. Salaries at Forward Mutual Insurance Co typically range from $77,872 to $100,075 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Forward Mutual Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Forward Mutual Insurance Co. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $685,132. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Forward Mutual Insurance Co

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

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

How does Forward 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
Technology Insurance Associates LLC $90,417
+2.2%
Suggests Technology Insurance Associates LLC utilizes a highly similar base-plus-benefits compensation model.
Anagram Agency LLC $88,825
+0.4%
Indicates identical technical requirements and experience levels between the two firms.
Ellington Mutual Insurance Co $85,871
-3.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
CM Select Insurance Co $86,304
-2.5%
Confirms CM Select Insurance Co is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+39.9%
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.

Employee Reviews: Working at Forward Mutual Insurance Co

Considering a career at Forward 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.
The workplace is inclusive, and diversity is celebrated. The culture promotes both individual accountability and teamwork. The company has a strong sense of community, and leadership ensures transparency in decision-making. The insurance training is excellent, and managers are supportive. The insurance industry can be demanding, but the team makes it manageable.
Team dynamics are average. The culture is collaborative, and innovation is encouraged. The work environment is positive, with a strong emphasis on teamwork. The organization runs efficiently with well-defined roles. Management is approachable and values feedback. I appreciate the company’s commitment to employee well-being and professional growth.
The insurance training programs are thorough, and career advancement is encouraged. The insurance processes are well-documented, making it easy to follow procedures. The work is structured, and processes are clearly defined, which helps in daily tasks.

Forward Mutual Insurance Co Overview

Website
www.forwardmutual.com
Founded In
2010
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 326 Ixonia Wisconsin WI 53036
Revenue
<$5 Million
Phone Number
+1 9202616616
Social Media
About Forward Mutual Insurance Co
Forward Mutual is a town mutual insurance company. It originated in the 1870s as two companies; the Town of Watertown Mutual Fire Insurance Company and Ixonia Mutual Fire Insurance Company. Today Forward is one of 64 mutual companies associated with the Wisconsin Association of Mutual Insurance Companies (WAMIC) and one of more than 1,400 companies with the National Association of Mutual Insurance

What Benefits Does Forward Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forward 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 Milwaukee?

Understanding the cost of living near Milwaukee is key to truly evaluating a salary offer or your current compensation at Forward Mutual Insurance Co.
Milwaukee's Cost of Living Index is approximately 85.9 (14.1% less expensive than US average; 9.4% less than WI average). Largest WI city, Lake Michigan, affordable housing. MCTS bus, The Hop streetcar (free). When planning your budget based on a salary from Forward Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Forward Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $72 (MCTS 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,292 - $3,582+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forward Mutual Insurance Co

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

The typical annual salary range for most roles at Forward Mutual Insurance Co is approximately from $77,872 to $100,075. 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 Forward Mutual Insurance Co pay compared to Technology Insurance Associates LLC?

The average annual salary at Forward Mutual Insurance Co is $88,508, or an hourly wage of $43, in comparison to Technology Insurance Associates LLC which pays $90,417 per year or $43 per hour.

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

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

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

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

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

Salary increases at Forward 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.