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Heinrich and Co Salary

Heinrich and Co Salary

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As of August 2026, the average annual salary for employees at Heinrich and Co in the United States is $83,825. This translates to an approximate hourly wage of $40. Salaries at Heinrich and Co typically range from $73,748 to $94,771 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Heinrich and Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Heinrich and Co. Based on our data, the highest paying job is the Insurance Adjuster, with an annual salary of $42,069. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Heinrich and Co’s Pay Competitive? Salary Benchmarking Analysis

How does Heinrich and 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
Benefit Plan Alternatives Inc $87,411
+4.3%
Data suggests Benefit Plan Alternatives Inc's workforce skews heavily towards veteran, high-tenure roles.
Bush Thompson Insurance $85,460
+2.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
BlueSkyRisk LLC $85,270
+1.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Valley Agencies Inc $94,742
+13.0%
Reflects structural premiums typical of Valley Agencies Inc's large-cap national operations.
Insurance Industry $123,858
+47.8%
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 Heinrich and Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Heinrich and Co

Considering a career at Heinrich and 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.
Benefits are competitive, including health coverage and retirement plans. The compensation is fair, and the team is highly collaborative. With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly. The compensation package is strong, with bonuses tied to both individual and company performance.
Commented in February 27, 2025
46
3
The work environment is structured, and processes are well-defined, which helps in maintaining efficiency. Colleagues are cooperative, and management is approachable. The insurance sector can be demanding, but the company provides ample support. I appreciate the work culture here—it’s both professional and welcoming. The culture promotes innovation, and new ideas are welcomed. A solid employer. It...
Commented in October 07, 2024
13
2
A top choice for insurance professionals. I’ve been with this company for three years, and it’s been a great journey. The benefits package is one of the best I’ve seen, including mental health support. There’s a strong emphasis on work-life balance, with flexible schedules. The job responsibilities are clearly defined, and expectations are reasonable.
Commented in February 10, 2024
43
1

Heinrich and Co Overview

Website
www.hcadj.com
Founded In
2004
Employees
<25 employees
Industry
Insurance
Headquarter Address
114 1st Ave S Jamestown North Dakota ND 58401
Revenue
<$5 Million
Phone Number
+1 7019522250
Social Media
About Heinrich and Co
Heinrich and Company is a multiple line insurance adjustment company established by Dwaine Heinrich at Jamestown, North Dakota on October 6, 1980. Since that time the company has grown to a total of four offices strategically located throughout the state of North Dakota. From the office of Jamestown, we serve portions of the south central as well as southeast North Dakota. Our Devils Lake office,

What Benefits Does Heinrich and Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Heinrich and 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 Fargo?

Understanding the cost of living near Fargo is key to truly evaluating a salary offer or your current compensation at Heinrich and Co.
Fargo's Cost of Living Index is approximately 90.8 (9.2% less expensive than US average; 4.9% less than ND average). Largest ND city (NDSU), affordable housing, cold winters. MATBUS. When planning your budget based on a salary from Heinrich and Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Heinrich and Co salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (MATBUS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,125 - $3,425+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Heinrich and Co

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

The typical annual salary range for most roles at Heinrich and Co is approximately from $73,748 to $94,771. 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 Heinrich and Co pay compared to Benefit Plan Alternatives Inc?

The average annual salary at Heinrich and Co is $83,825, or an hourly wage of $40, in comparison to Benefit Plan Alternatives Inc which pays $87,411 per year or $42 per hour.

3. How does experience level affect salary at Heinrich and Co?

Experience level is a significant factor in determining salary at Heinrich and 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 Heinrich and Co in Fargo is fair given the local cost of living?

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

5. Why might an individual's actual salary at Heinrich and Co differ from the ranges shown here?

An individual's actual salary at Heinrich and Co can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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