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Hanover Excess & Surplus Inc Salary

Hanover Excess & Surplus Inc Salary

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As of October 2026, the average annual salary for employees at Hanover Excess & Surplus Inc in the United States is $86,926. This translates to an approximate hourly wage of $42. Salaries at Hanover Excess & Surplus Inc typically range from $76,461 to $98,332 annually, reflecting the diverse roles and experience levels within the company.
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Is Hanover Excess & Surplus Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Hanover Excess & Surplus 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
Premier Benefit Consultants $97,938
+12.7%
Driven by niche technical certifications required for Premier Benefit Consultants's specialized projects.
Pope Insurance Group LLC $91,831
+5.6%
Supported by Pope Insurance Group LLC's high-margin contracts allowing higher overhead.
Provider Insurance Group LLC $107,590
+23.8%
Adjusted for higher cost-of-living indices in Provider Insurance Group LLC's primary metro hubs.
JP Farley Corp $93,286
+7.3%
Influenced by prevailing union wage agreements specific to JP Farley Corp's sector.
Insurance Industry $123,858
+42.5%
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 Hanover Excess & Surplus Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Hanover Excess & Surplus Inc. Click a company name to learn more.

Employee Reviews: Working at Hanover Excess & Surplus Inc

Considering a career at Hanover Excess & Surplus 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.
Community involvement is another highlight, with volunteer days and charity drives. The company maintains a strong reputation in the insurance market, which adds a sense of job security. The company follows structured processes, which can be both a strength and a limitation. The work environment is positive, and colleagues are helpful. It’s a dependable place for those who prefer consistency in th...
Commented in June 01, 2025
13
3
A great place to work. The company offers excellent training programs, and the team is supportive. It is dynamic, it’s a reliable employer with reasonable expectations. It’s a good fit for those who value predictability in their career.
Commented in April 01, 2025
46
3
I appreciate the work culture here—it’s both professional and welcoming. The benefits package is generous, including health coverage and paid time off. The company also engages in meaningful corporate social responsibility initiatives, which adds to its positive reputation.
Commented in March 25, 2025
29
3
This insurance company values its employees and invests in their success. Overall, it meets expectations without exceeding them. The company values employee input and offers strong career development programs. Managers are encouraging, and teamwork is emphasized. With thousands of employees, there’s diversity in teams, which enhances creativity. Communication from upper management is consistent, t...
Commented in February 21, 2025
37
2
Leadership communicates goals clearly, though more feedback sessions would help. Proud to be part of this organization. Leadership promotes from within, which is motivating. The insurance products we handle are diverse, keeping the job interesting.
Commented in February 23, 2024
31
0

Hanover Excess & Surplus Inc Overview

Website
www.hanoverxs.com
Founded In
1970
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
PO Box 12450 Wilmington North Carolina NC 28405
Revenue
$10 Million - $50 Million
Phone Number
+1 9107627109
Social Media
About Hanover Excess & Surplus Inc
Hanover Excess is a place where you deal with people who believe in hard work, and the pursuit of Excellence while keeping a sense of humor... a company with character. People who want to help, who enjoy their work and the company they keep...you. People who take pride in honesty and fairness. There is enthusiasm here from creating a better way, and sharing success with others. Our goal is to know

What Benefits Does Hanover Excess & Surplus Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hanover Excess & Surplus 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Hanover Excess & Surplus Inc.
Wilmington's Cost of Living Index is approximately 101.8 (1.8% more expensive than US average; 6.0% more than NC average). Coastal city, port, film industry, beaches, housing costs above US average. Wave Transit. When planning your budget based on a salary from Hanover Excess & Surplus Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Hanover Excess & Surplus Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (Wave Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,670 - $4,160+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hanover Excess & Surplus Inc

1. What is the typical salary range (low to high) for most roles at Hanover Excess & Surplus Inc?

The typical annual salary range for most roles at Hanover Excess & Surplus Inc is approximately from $76,461 to $98,332. 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 Hanover Excess & Surplus Inc pay compared to Premier Benefit Consultants?

The average annual salary at Hanover Excess & Surplus Inc is $86,926, or an hourly wage of $42, in comparison to Premier Benefit Consultants which pays $97,938 per year or $47 per hour.

3. Do salaries differ significantly between departments at Hanover Excess & Surplus Inc?

Yes, salaries often differ between departments at Hanover Excess & Surplus Inc 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 Hanover Excess & Surplus Inc?

Experience level is a significant factor in determining salary at Hanover Excess & Surplus Inc, 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 Hanover Excess & Surplus Inc in Wilmington is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Hanover Excess & Surplus Inc?

Several key factors influence salary levels at Hanover Excess & Surplus Inc. 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: Hanover Excess & Surplus Inc 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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