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Herrera Insurance Salary

Herrera Insurance Salary

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As of September 2026, the average annual salary for employees at Herrera Insurance in the United States is $94,299. This translates to an approximate hourly wage of $45. Salaries at Herrera Insurance typically range from $82,948 to $106,648 annually, reflecting the diverse roles and experience levels within the company.
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Is Herrera Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Herrera Insurance'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
Payne West Insurance Inc $97,959
+3.9%
Reflects a supply-demand imbalance for the specific talent Payne West Insurance Inc targets.
James and Sons Insurance $87,622
-7.1%
Typical compensation structure for smaller regional agencies like James and Sons Insurance.
Joseph Monan AGT $91,282
-3.2%
Joseph Monan AGT may offer non-monetary perks in lieu of competitive base salaries.
Judy AndrighettI Insure Colorado Today $95,006
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Industry $123,858
+31.3%
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 Herrera Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Herrera Insurance

Considering a career at Herrera Insurance? 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, and work-life balance is good. Compensation aligns with industry standards, and benefits are satisfactory. The office environment is collaborative, making it easy to ask for help when needed. The size of the organization means changes happen gradually, which can be stabilizing. I appreciate the opportunities for skill development and the clear communication from leadershi...
Commented in March 31, 2025
9
0
Compensation is competitive, aligning with industry standards. While there are busy periods, the workload is fair. The benefits package is one of the best I’ve seen, including mental health support. Impressive benefits package and strong emphasis on diversity. Supportive managers and clear career progression. It’s a suitable place for those who prefer a predictable work routine in the insurance fi...
Commented in January 13, 2025
24
2
The team is helpful, and management is fair. The insurance products are competitive, and client relationships are prioritized. I’d recommend this workplace to insurance professionals. The company is well-run, with clear expectations and structured workflows. It’s not the most exciting job, but it’s reliable and provides good job security, which is important in this industry.
Commented in February 13, 2024
13
3

Herrera Insurance Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
PO Box 11951 Denver Colorado CO 80211
Revenue
$5 Million - $10 Million
Phone Number
+1 7209243638
Social Media
About Herrera Insurance
Herrera Insurance is a company that operates in the Insurance industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Denver, Colorado.

What Benefits Does Herrera Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Herrera Insurance 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 Denver?

Understanding the cost of living near Denver is key to truly evaluating a salary offer or your current compensation at Herrera Insurance.
Denver's Cost of Living Index is approximately 112.1 (12.1% more expensive than US average; 6.5% more than CO average). Housing costs are the primary driver above US average, high demand, vibrant city. Light Rail/Bus (RTD). When planning your budget based on a salary from Herrera Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Herrera Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $114 (RTD monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,044 - $4,694+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Herrera Insurance

1. What is the estimated average total compensation at Herrera Insurance?

Salary.com estimates that the average total compensation package at Herrera Insurance, which can include base salary, potential bonuses, and benefits, is around $94,299 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Herrera Insurance pay compared to Payne West Insurance Inc?

The average annual salary at Herrera Insurance is $94,299, or an hourly wage of $45, in comparison to Payne West Insurance Inc which pays $97,959 per year or $47 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Herrera Insurance?

Salary progression from an entry-level to a senior role at Herrera Insurance can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

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

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

5. Are promotions at Herrera Insurance usually accompanied by a significant salary increase?

Yes, promotions at Herrera Insurance are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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