Granite Insurance Group Salary
How Much Does Granite Insurance Group Pay for Different Roles?
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Current Job Openings at Granite Insurance Group
Is Granite Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| RTI Employee Benefit Programs | $95,259 |
-2.4%
|
Suggests RTI Employee Benefit Programs utilizes a highly similar base-plus-benefits compensation model. |
| Culnan Insurance Agency LLC | $91,209 |
-6.5%
|
Culnan Insurance Agency LLC may offer non-monetary perks in lieu of competitive base salaries. |
| Security Insurance Agency Inc | $83,160 |
-14.8%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Virgil E Smith Insurance Services Inc | $92,738 |
-5.0%
|
Normalized for lower cost-of-living zones where Virgil E Smith Insurance Services Inc primarily operates. |
| Insurance Industry | $123,858 |
+26.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Granite Insurance Group's Salaries Compare to Similar Companies?
RTI Employee Benefit Programs
$95,259 / year
Salary Range: $83,810 - $107,697
West Chester, PA
Culnan Insurance Agency LLC
$91,209 / year
Salary Range: $80,254 - $103,136
Troy, NY
Security Insurance Agency Inc
$83,160 / year
Salary Range: $73,171 - $94,027
Spanish Fork, UT
Virgil E Smith Insurance Services Inc
$92,738 / year
Salary Range: $81,592 - $104,855
Houston, TX
Insurance Shoppers Agency
$91,652 / year
Salary Range: $80,639 - $103,624
Marysville, MI
Dacken & Associates Insurance & Financial Services LLC
$82,939 / year
Salary Range: $72,969 - $93,771
Bancroft, IA
Boelzner & Associates Insurance Services Inc
$95,343 / year
Salary Range: $83,883 - $107,794
Palm Desert, CA
Performance Insurance Group Inc
$92,622 / year
Salary Range: $81,491 - $104,721
Severna Park, MD
Dan Pittman Insurance Agency Inc
$85,302 / year
Salary Range: $75,058 - $96,454
Windsor, NC
Employee Reviews: Working at Granite Insurance Group
Granite Insurance Group Overview
What Benefits Does Granite Insurance Group Offer Beyond Salary?
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What Is the Cost of Living Near Philadelphia?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,400 - $2,200+ | A significant portion of Granite Insurance Group 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 Granite Insurance Group
1. What is the typical salary range (low to high) for most roles at Granite Insurance Group?
The typical annual salary range for most roles at Granite Insurance Group is approximately from $85,871 to $110,355. 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 Granite Insurance Group pay compared to RTI Employee Benefit Programs?
The average annual salary at Granite Insurance Group is $97,601, or an hourly wage of $47, in comparison to RTI Employee Benefit Programs which pays $95,259 per year or $46 per hour.
3. How does experience level affect salary at Granite Insurance Group?
Experience level is a significant factor in determining salary at Granite Insurance Group, 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 Granite Insurance Group in Philadelphia is fair given the local cost of living?
To determine if a salary offer from Granite Insurance Group in Philadelphia is fair, first compare the gross salary to our data for similar roles at Granite Insurance Group 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 factors influence salary increases at Granite Insurance Group?
Salary increases at Granite Insurance Group 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.
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