Gebco Insurance Salary
How Much Does Gebco Insurance Pay for Different Roles?
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Current Job Openings at Gebco Insurance
Is Gebco Insurance’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| RCI Insurance Group | $88,213 |
-12.4%
|
RCI Insurance Group focuses strategically on recruiting and training entry-level apprentices. |
| C F O'Connell & Sons Insurance | $100,765 |
+0.0%
|
Suggests C F O'Connell & Sons Insurance utilizes a highly similar base-plus-benefits compensation model. |
| Service Benefit Plan Administrative Services Corp | $95,090 |
-5.6%
|
Typical compensation structure for smaller regional agencies like Service Benefit Plan Administrative Services Corp. |
| Z Insurance Services LLC | $91,166 |
-9.5%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Insurance Industry | $123,858 |
+23.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Gebco Insurance's Salaries Compare to Similar Companies?
RCI Insurance Group
$88,213 / year
Salary Range: $77,569 - $99,807
Little Rock, AR
C F O'Connell & Sons Insurance
$100,765 / year
Salary Range: $88,657 - $113,928
Burtonsville, MD
Service Benefit Plan Administrative Services Corp
$95,090 / year
Salary Range: $83,663 - $107,514
Owings Mills, MD
Z Insurance Services LLC
$91,166 / year
Salary Range: $80,218 - $103,075
Williamsport, MD
Famous & Spang Associates
$90,850 / year
Salary Range: $79,933 - $102,721
Hagerstown, MD
Geoffrey Karlen Agency Inc
$91,261 / year
Salary Range: $80,300 - $103,185
Hagerstown, MD
Spero Insurance Agency
$92,822 / year
Salary Range: $81,675 - $104,953
Pikesville, MD
Employee Plans Services Inc
$99,974 / year
Salary Range: $87,961 - $113,037
College Park, MD
East Insurance Group LLC
$93,561 / year
Salary Range: $82,325 - $105,794
Baltimore, MD
Employee Reviews: Working at Gebco Insurance
Gebco Insurance Overview
What Benefits Does Gebco Insurance Offer Beyond Salary?
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What Is the Cost of Living Near Washington?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,200 - $3,300+ | A significant portion of Gebco Insurance salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70-200+ (WMATA SmarTrip varies by use) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $900+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,770 - $5,880+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Gebco Insurance
1. What is the estimated average total compensation at Gebco Insurance?
Salary.com estimates that the average total compensation package at Gebco Insurance, which can include base salary, potential bonuses, and benefits, is around $100,733 annually . Total compensation provides a more holistic view of an employee's earnings.
2. How much does Gebco Insurance pay compared to RCI Insurance Group?
The average annual salary at Gebco Insurance is $100,733, or an hourly wage of $48, in comparison to RCI Insurance Group which pays $88,213 per year or $42 per hour.
3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Gebco Insurance?
Salary progression from an entry-level to a senior role at Gebco Insurance can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
4. How can I determine if a salary offer from Gebco Insurance in Washington is fair given the local cost of living?
To determine if a salary offer from Gebco Insurance in Washington is fair, first compare the gross salary to our data for similar roles at Gebco Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Washington" to understand its purchasing power.
5. Are promotions at Gebco Insurance usually accompanied by a significant salary increase?
Yes, promotions at Gebco Insurance are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.
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