Hiscox MGA Salary

As of October 2026, the average annual salary for employees at Hiscox MGA in the United States is $94,046. This translates to an approximate hourly wage of $45. Salaries at Hiscox MGA typically range from $82,719 to $106,392 annually, reflecting the diverse roles and experience levels within the company.
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Is Hiscox MGA’s Pay Competitive? Salary Benchmarking Analysis

How does Hiscox MGA'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
Protectcell $98,982
+5.2%
Driven by niche technical certifications required for Protectcell's specialized projects.
Oneglobal Broking Ltd $101,746
+8.2%
Adjusted for higher cost-of-living indices in Oneglobal Broking Ltd's primary metro hubs.
Marshall Power $93,909
-0.1%
Suggests Marshall Power utilizes a highly similar base-plus-benefits compensation model.
BSA Claims $91,715
-2.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Insurance Industry $123,858
+31.7%
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.

Employee Reviews: Working at Hiscox MGA

Considering a career at Hiscox MGA? 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.
Leadership provides clear direction, making it a stable place to work. The benefits, including stock options and health plans, are outstanding. The company invests in employee development through workshops and certifications. Great workplace with a focus on employee well-being.
Colleagues are professional, though more team-building activities would enhance collaboration. Working here has been fulfilling—great leadership and a strong team spirit. Management is approachable and encourages professional development. Decent workplace with standard insurance industry perks. Compensation is fair, and the benefits package is attractive. The workload is consistent but manageable....
Colleagues are collaborative and helpful. Team collaboration is strong, and the company hosts engaging team-building events. The compensation is fair, and bonuses are performance-based.

Hiscox MGA Overview

Website
www.hiscoxmga.com
Founded In
2011
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
1001 Brickell Bay Dr Miami Florida FL 33131
Revenue
$10 Million - $50 Million
Phone Number
+44 2074486000
Social Media
About Hiscox MGA
Competitive rates based on our understanding of our specific markets. Localised or specialist claims handling giving superior customer service. Wordings specialists who aim to provide policy coverage to meet your needs. Access to high quality underwriting teams who pride themselves on service. An 'open door' to new ideas and initiatives. A line size which aims to minimise transaction costs. At the

What Benefits Does Hiscox MGA Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hiscox MGA 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 Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Hiscox MGA.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Hiscox MGA, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Hiscox MGA salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hiscox MGA

1. What is the typical salary range (low to high) for most roles at Hiscox MGA?

The typical annual salary range for most roles at Hiscox MGA is approximately from $82,719 to $106,392. 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 Hiscox MGA pay compared to Protectcell?

The average annual salary at Hiscox MGA is $94,046, or an hourly wage of $45, in comparison to Protectcell which pays $98,982 per year or $48 per hour.

3. How does experience level affect salary at Hiscox MGA?

Experience level is a significant factor in determining salary at Hiscox MGA, 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 Hiscox MGA in Miami is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Hiscox MGA?

Several key factors influence salary levels at Hiscox MGA. 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: Hiscox MGA likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.