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Gramercy Insurance Co Salary

Gramercy Insurance Co Salary

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As of August 2026, the average annual salary for employees at Gramercy Insurance Co in the United States is $98,529. This translates to an approximate hourly wage of $47. Salaries at Gramercy Insurance Co typically range from $86,687 to $111,403 annually, reflecting the diverse roles and experience levels within the company.
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Is Gramercy Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Gramercy 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
ADP Statewide Insurance $107,094
+8.7%
Influenced by prevailing union wage agreements specific to ADP Statewide Insurance's sector.
Codoxo $93,877
-4.7%
Typical compensation structure for smaller regional agencies like Codoxo.
National Liability & Fire Insurance Co $106,419
+8.0%
Driven by niche technical certifications required for National Liability & Fire Insurance Co's specialized projects.
Lone Star Alliance Inc $89,405
-9.3%
Lone Star Alliance Inc focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+25.7%
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 Gramercy Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Gramercy Insurance Co

Considering a career at Gramercy 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.
Compensation is competitive, and benefits are comprehensive. The company maintains a professional and structured environment. The company culture promotes teamwork and mutual respect. This company is a fantastic place to work in the insurance field.
Commented in March 14, 2025
19
3
The company also gives back to the community through volunteer programs, which I find fulfilling. The company offers a fantastic workplace with opportunities for growth. The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. The company maintains a professional atmosphere, and colleagues are respectful. While the job may not be exciting every day, it offers s...
Commented in January 26, 2025
41
0
I’ve seen many colleagues advance internally, which speaks to the company’s commitment to employee development. Compensation is fair, and the benefits package is attractive. It’s a good fit for those who prefer a low-drama, steady workplace. Compensation is industry-standard, and benefits are decent.
Commented in February 14, 2024
11
0

Gramercy Insurance Co Overview

Website
www.gicreceivership.com
Founded In
1979
Employees
<25 employees
Industry
Insurance
Headquarter Address
1617 John F Kennedy Blvd Philadelphia Pennsylvania PA 19103
Revenue
$5 Million - $10 Million
Phone Number
+1 4692481700
Social Media
About Gramercy Insurance Co
Gramercy Insurance Company is a commercial property and casualty insurance company with operations in Atlanta and Dallas. Gramercy was formed in 1979 and purchased by its current owner in February 2000. Gramercy is currently licensed to write business in 27 states: Alabama, Arkansas, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Montana,

What Benefits Does Gramercy Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gramercy 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Gramercy Insurance Co.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Gramercy Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Gramercy Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gramercy Insurance Co

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

The typical annual salary range for most roles at Gramercy Insurance Co is approximately from $86,687 to $111,403. 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 Gramercy Insurance Co pay compared to ADP Statewide Insurance?

The average annual salary at Gramercy Insurance Co is $98,529, or an hourly wage of $47, in comparison to ADP Statewide Insurance which pays $107,094 per year or $51 per hour.

3. How does experience level affect salary at Gramercy Insurance Co?

Experience level is a significant factor in determining salary at Gramercy 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.

4. How can I determine if a salary offer from Gramercy Insurance Co in Philadelphia is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Gramercy Insurance Co?

Several key factors influence salary levels at Gramercy Insurance Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Gramercy Insurance Co likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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