Funakoshi Insurance Agency Salary

As of August 2026, the average annual salary for employees at Funakoshi Insurance Agency in the United States is $104,172. This translates to an approximate hourly wage of $50. Salaries at Funakoshi Insurance Agency typically range from $91,644 to $117,830 annually, reflecting the diverse roles and experience levels within the company.
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Is Funakoshi Insurance Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Funakoshi Insurance Agency'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
Entertainment Insurance Services Inc $99,984
-4.0%
Entertainment Insurance Services Inc operates with a leaner overhead structure, impacting base wage offers.
Lofgren Associates Inc $87,169
-16.3%
Lofgren Associates Inc likely leverages performance bonuses over the high base salary shown here.
Kingsburg Insurance Agency $92,021
-11.7%
Typical compensation structure for smaller regional agencies like Kingsburg Insurance Agency.
Seneca Insurance Co $111,039
+6.6%
Supported by Seneca Insurance Co's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+18.9%
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 Funakoshi Insurance Agency

Considering a career at Funakoshi Insurance Agency? 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 transparent, and team collaboration is strong. Colleagues are knowledgeable and collaborative. The leadership is transparent, and the company culture promotes teamwork. The work-life balance initiatives, like flexible hours, are appreciated.
Leadership is transparent, and employee contributions are recognized. A good option for those who prefer a no-frills insurance job. Training programs are thorough, ensuring employees are confident in their roles. The leadership is transparent about company goals, and employees are recognized for their contributions. The role is structured, and expectations are clear from the start. The company mai...
The insurance industry is complex, but the training here is top-notch. The culture is decent, and communication from leadership is consistent. The company offers competitive benefits, a supportive team, and opportunities for growth. A stable choice for insurance professionals.

Funakoshi Insurance Agency Overview

Website
www.fia-insurance.com
Founded In
1946
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
373 Van Ness Ave Torrance California CA 90501
Revenue
<$5 Million
Phone Number
+1 6267957059
Social Media
About Funakoshi Insurance Agency
Ito Insurance agency was founded by Tom T. Ito began by providing insurance services to returning Japanese-American in the post war period. Funakoshi Insurance Agency was established by Willie M. Funakoshi in Little Tokyo of Los Angeles. From a one-man operation, the Funakoshis built the business into a highly respected independent insurance agency. Ito Insurance Agency officially incorporated. Fu

What Benefits Does Funakoshi Insurance Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Funakoshi Insurance Agency 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 Torrance?

Understanding the cost of living near Torrance is key to truly evaluating a salary offer or your current compensation at Funakoshi Insurance Agency.
Torrance's Cost of Living Index is approximately 159.2 (59.2% more expensive than US average; 13.9% more than CA average). South Bay LA County city, high housing costs due to desirable location, good schools, and proximity to beaches/employment. When planning your budget based on a salary from Funakoshi Insurance Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of Funakoshi Insurance Agency salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Torrance Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,650 - $5,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Funakoshi Insurance Agency

1. What is the typical salary range (low to high) for most roles at Funakoshi Insurance Agency?

The typical annual salary range for most roles at Funakoshi Insurance Agency is approximately from $91,644 to $117,830. 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 Funakoshi Insurance Agency pay compared to Entertainment Insurance Services Inc?

The average annual salary at Funakoshi Insurance Agency is $104,172, or an hourly wage of $50, in comparison to Entertainment Insurance Services Inc which pays $99,984 per year or $48 per hour.

3. Do salaries differ significantly between departments at Funakoshi Insurance Agency?

Yes, salaries often differ between departments at Funakoshi Insurance Agency 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 Funakoshi Insurance Agency?

Experience level is a significant factor in determining salary at Funakoshi Insurance Agency, 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 Funakoshi Insurance Agency in Torrance is fair given the local cost of living?

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

6. What factors influence salary increases at Funakoshi Insurance Agency?

Salary increases at Funakoshi Insurance Agency 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.