Group Underwriters Agency Salary

Group Underwriters Agency Salary

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As of August 2026, the average annual salary for employees at Group Underwriters Agency in the United States is $83,846. This translates to an approximate hourly wage of $40. Salaries at Group Underwriters Agency typically range from $73,776 to $94,808 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Group Underwriters Agency Pay for Different Roles?

Explore detailed salary information for specific jobs at Group Underwriters Agency. Based on our data, the highest paying job is the President, with an annual salary of $649,042. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Group Underwriters Agency

Ready for your next career move? Explore current job openings at Group Underwriters Agency. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Group Underwriters Agency’s Pay Competitive? Salary Benchmarking Analysis

How does Group Underwriters Agency'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
Manor Insurance Agency Inc $92,052
+9.8%
Driven by niche technical certifications required for Manor Insurance Agency Inc's specialized projects.
Benefitter Insurance Solutions Inc $87,116
+3.9%
Influenced by prevailing union wage agreements specific to Benefitter Insurance Solutions Inc's sector.
Lader Insurance Group LLC $83,298
-0.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Trey Gil - State Farm Insurance Agent $90,090
+7.4%
Adjusted for higher cost-of-living indices in Trey Gil - State Farm Insurance Agent's primary metro hubs.
Insurance Industry $123,858
+47.7%
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 Group Underwriters Agency's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Group Underwriters Agency

Considering a career at Group Underwriters Agency? 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.
If you’re looking for growth in insurance, this is a great place to be. A top choice for those pursuing a career in insurance. A top choice for insurance professionals. The work environment is positive, and colleagues are helpful.
Commented in May 18, 2025
39
2
Benefits are standard for the industry, and the pay is fair. Training could improve slightly. The company operates efficiently, and the workload is reasonable. Processes are efficient, but innovation could improve. The insurance industry can be fast-paced, but the team handles challenges well. I’ve enjoyed my time here—the company invests in employee development.
Commented in March 22, 2025
8
3
The insurance products are competitive, making client interactions smooth. While growth opportunities exist, they could be more defined. Management communicates expectations clearly, and processes are well-structured. The team is competent, and collaboration happens smoothly when needed. Colleagues are competent, though interactions are mostly work-focused.
Commented in December 30, 2024
35
0

Group Underwriters Agency Overview

Website
www.groupunderwriters.com
Founded In
1969
Employees
<25 employees
Industry
Insurance
Headquarter Address
505 Faulconer Dr Charlottesville Virginia VA 22903
Revenue
<$5 Million
Phone Number
+1 4342964144
Social Media
About Group Underwriters Agency
Group Underwriters is an independent insurance agency licensed to do business in 37 states. We are able to obtain insurance for our clients in almost all cases. We emphasize service, professionalism, and commitment to helping our insureds better understand insurance. At Group Underwriters, we open our doors to questions and calls for information. Whether you are insured through our office or not,

What Benefits Does Group Underwriters Agency Offer Beyond Salary?

A competitive compensation package is more than just a salary. Group Underwriters Agency 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Group Underwriters Agency.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Group Underwriters Agency, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Group Underwriters Agency salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Group Underwriters Agency

1. What is the typical salary range (low to high) for most roles at Group Underwriters Agency?

The typical annual salary range for most roles at Group Underwriters Agency is approximately from $73,776 to $94,808. 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 Group Underwriters Agency pay compared to Manor Insurance Agency Inc?

The average annual salary at Group Underwriters Agency is $83,846, or an hourly wage of $40, in comparison to Manor Insurance Agency Inc which pays $92,052 per year or $44 per hour.

3. Do salaries differ significantly between departments at Group Underwriters Agency?

Yes, salaries often differ between departments at Group Underwriters Agency 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. How does experience level affect salary at Group Underwriters Agency?

Experience level is a significant factor in determining salary at Group Underwriters Agency, 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.

5. How can I determine if a salary offer from Group Underwriters Agency in Richmond is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Group Underwriters Agency?

Several key factors influence salary levels at Group Underwriters Agency. 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: Group Underwriters Agency 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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