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General Insurance Group Inc Salary

General Insurance Group Inc Salary

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As of August 2026, the average annual salary for employees at General Insurance Group Inc in the United States is $100,638. This translates to an approximate hourly wage of $48. Salaries at General Insurance Group Inc typically range from $88,547 to $113,794 annually, reflecting the diverse roles and experience levels within the company.

How Much Does General Insurance Group Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at General Insurance Group Inc. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $779,030. The table below outlines the annual salary ranges for most popular roles within the company.
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Is General Insurance Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does General Insurance Group Inc'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
Kirkman & Conway Inc $99,119
-1.5%
Suggests Kirkman & Conway Inc utilizes a highly similar base-plus-benefits compensation model.
Pro Insurance Agency Inc $100,860
+0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Hanger Insurance Group $90,586
-10.0%
Hanger Insurance Group operates with a leaner overhead structure, impacting base wage offers.
Holley Insurance Agency Inc $83,255
-17.3%
Holley Insurance Agency Inc focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+23.1%
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 General Insurance Group Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at General Insurance Group Inc

Considering a career at General Insurance Group Inc? 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 workload is fair, and benefits are competitive. Strong company culture with growth opportunities. Leadership truly values employees. I’m happy with my role here. Colleagues are competent, though interactions are minimal.
Commented in May 22, 2025
21
0
The company sponsors certifications and advanced training, which is great for career growth. I’d highly recommend it to anyone seeking stability and growth in insurance. I’ve been with this company for three years, and it’s been a positive journey. The insurance industry is ever-changing, but the team adapts well. I appreciate the company’s commitment to innovation in insurance solutions. This com...
Commented in August 07, 2024
20
2
The office spaces are modern, and remote work options add flexibility. The office space is bright and ergonomic, making it a pleasant place to work. The hybrid schedule is a great benefit, and the health coverage is excellent. The insurance industry is fast-paced, but the company provides strong support. Workloads are manageable, though some processes could be modernized.
Commented in January 21, 2024
36
1

General Insurance Group Inc Overview

Website
www.generalinsurancegroup.com
Founded In
1985
Employees
<25 employees
Industry
Insurance
Headquarter Address
101 Lakeforest Blvd Gaithersburg Maryland MD 20877
Revenue
<$5 Million
Phone Number
+1 3014179090
Social Media
About General Insurance Group Inc
We specialize in Business Insurance and Contract and LicenseBonding. Our current client list consists of a diverse array of different types and industries including but not limited to Retail Stores, Service Businesses, Artisan Contractors as well as General Contractors, Manufacturing, Trucking including Tow Trucks and Port UIIA endorsement coverage, Shopping Centers, Motel/Hotel coverage, Assisted

What Benefits Does General Insurance Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. General Insurance Group Inc 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 Gaithersburg?

Understanding the cost of living near Gaithersburg is key to truly evaluating a salary offer or your current compensation at General Insurance Group Inc.
Gaithersburg's Cost of Living Index is approximately 123.8 (23.8% more expensive than US average; 9.6% more than MD average). Montgomery County city, biotech corridor, high housing costs. Ride On bus, MARC train. When planning your budget based on a salary from General Insurance Group Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,750 - $2,600+ A significant portion of General Insurance Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On monthly pass, MARC extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,065+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of General Insurance Group Inc

1. What is the average salary for employees at General Insurance Group Inc?

The average annual total compensation for employees at General Insurance Group Inc is approximately $100,638. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,547 to $113,794, depending on factors like job role, experience, and location.

2. How much does General Insurance Group Inc pay compared to Kirkman & Conway Inc?

The average annual salary at General Insurance Group Inc is $100,638, or an hourly wage of $48, in comparison to Kirkman & Conway Inc which pays $99,119 per year or $48 per hour.

3. What is the lowest salary at General Insurance Group Inc?

The lowest-paying job at General Insurance Group Inc is a Claim Investigator with a salary of $49,243 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at General Insurance Group Inc?

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 General Insurance Group Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does General Insurance Group Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Gaithersburg?

While some companies offer formal COLA, many, including potentially General Insurance Group Inc, 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.

6. What's the typical process for salary reviews and raises at General Insurance Group Inc?

Most companies, likely including General Insurance Group Inc, 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.

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