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Governmental Risk Insurance Plans LLC Salary

Governmental Risk Insurance Plans LLC Salary

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As of September 2026, the average annual salary for employees at Governmental Risk Insurance Plans LLC in the United States is $80,597. This translates to an approximate hourly wage of $39. Salaries at Governmental Risk Insurance Plans LLC typically range from $70,917 to $91,125 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Governmental Risk Insurance Plans LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Governmental Risk Insurance Plans LLC. Based on our data, the highest paying job is the President, with an annual salary of $623,894. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Governmental Risk Insurance Plans LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Governmental Risk Insurance Plans LLC'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
LHB Insurance Brokerage Inc $103,339
+28.2%
Adjusted for higher cost-of-living indices in LHB Insurance Brokerage Inc's primary metro hubs.
Ruben Sanchez - State Farm Insurance Agent $87,179
+8.2%
Supported by Ruben Sanchez - State Farm Insurance Agent's high-margin contracts allowing higher overhead.
Driskell Peterson Insurance Agency LLC $86,399
+7.2%
Reflects a supply-demand imbalance for the specific talent Driskell Peterson Insurance Agency LLC targets.
Pat Best - State Farm Insurance Agent $87,854
+9.0%
Reflects structural premiums typical of Pat Best - State Farm Insurance Agent's large-cap national operations.
Insurance Industry $123,858
+53.7%
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 Governmental Risk Insurance Plans LLC's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Governmental Risk Insurance Plans LLC. Click a company name to learn more.

Employee Reviews: Working at Governmental Risk Insurance Plans LLC

Considering a career at Governmental Risk Insurance Plans LLC? 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.
I’m happy with my decision to join this organization. My role here is fairly routine, but the company provides stability. Corporate communications are clear, keeping everyone informed. The management team is approachable and values employee feedback. Management is fair and provides updates on company progress. Proud to be part of this growing company.
Commented in March 21, 2025
32
3
Colleagues are collaborative, and leadership is approachable. The company provides a supportive and engaging work environment. The training programs are top-notch, helping staff stay updated on industry trends. While growth opportunities exist, they could be more defined. Working here has been a positive experience overall.
Commented in February 01, 2025
44
2
The onboarding process was smooth, and I felt supported from day one. The company runs smoothly, with clear expectations. Benefits are standard, and management is fair. Management maintains a professional tone, and policies are clearly communicated.
Commented in February 18, 2024
14
3

Governmental Risk Insurance Plans LLC Overview

Website
www.governmentalriskinsuranceplans.com
Founded In
2018
Employees
<25 employees
Industry
Insurance
Headquarter Address
282 State St Bowling Green Kentucky KY 42101
Revenue
<$5 Million
Phone Number
+1 2702828020
Social Media
About Governmental Risk Insurance Plans LLC
Is a multi-state insurance agency specializing in coverage and risk management services for PUBLIC ENTITIES. Experienced public sector professionals since 1983 insuring hundreds of city and county governments throughout the southeast. Dedicated to a hands-on approach to solving risk management problems facing local governments. Believes most Public Entities are best served by true transfer of risk

What Benefits Does Governmental Risk Insurance Plans LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Governmental Risk Insurance Plans LLC 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 Bowling Green?

Understanding the cost of living near Bowling Green is key to truly evaluating a salary offer or your current compensation at Governmental Risk Insurance Plans LLC.
Bowling Green's Cost of Living Index is approximately 85.3 (14.7% less expensive than US average; 8.2% less than KY average). South Central KY city (Western KY Univ.), affordable. GO BG Transit. When planning your budget based on a salary from Governmental Risk Insurance Plans LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,250+ A significant portion of Governmental Risk Insurance Plans LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $25 (GO BG Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,265+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Governmental Risk Insurance Plans LLC

1. What is the estimated average total compensation at Governmental Risk Insurance Plans LLC?

Salary.com estimates that the average total compensation package at Governmental Risk Insurance Plans LLC, which can include base salary, potential bonuses, and benefits, is around $80,597 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Governmental Risk Insurance Plans LLC pay compared to LHB Insurance Brokerage Inc?

The average annual salary at Governmental Risk Insurance Plans LLC is $80,597, or an hourly wage of $39, in comparison to LHB Insurance Brokerage Inc which pays $103,339 per year or $50 per hour.

3. Do salaries differ significantly between departments at Governmental Risk Insurance Plans LLC?

Yes, salaries often differ between departments at Governmental Risk Insurance Plans LLC 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Governmental Risk Insurance Plans LLC?

Salary progression from an entry-level to a senior role at Governmental Risk Insurance Plans LLC 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.

5. How can I determine if a salary offer from Governmental Risk Insurance Plans LLC in Bowling Green is fair given the local cost of living?

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

6. Are promotions at Governmental Risk Insurance Plans LLC usually accompanied by a significant salary increase?

Yes, promotions at Governmental Risk Insurance Plans LLC 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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