Connection Insurance Salary

Connection Insurance Salary

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As of August 2026, the average hourly salary for employees at Connection Insurance in the United States is $42. This translates to an approximate annual wage of $87,369. Salaries at Connection Insurance typically range from $37 to $48 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Connection Insurance

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

Is Connection Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Connection 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
RB HOLDING Co $45
+7.8%
Driven by niche technical certifications required for RB HOLDING Co's specialized projects.
Altapacific Bank $46
+10.2%
Reflects a supply-demand imbalance for the specific talent Altapacific Bank targets.
Bank of the Lowcountry $42
-0.6%
Suggests Bank of the Lowcountry utilizes a highly similar base-plus-benefits compensation model.
Oculina Bank $41
-2.9%
Confirms Oculina Bank is a direct competitor vying for the exact same talent pool.
Financial Services Industry $59
+39.1%
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.

Companies Similar to Connection Insurance and Their Hourly Pay Rates

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

Employee Reviews: Working at Connection Insurance

Considering a career at Connection 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.
The company has robust internal learning platforms and clear pathways for advancement. It makes coming to work enjoyable and productive every single day now. Job roles are clearly defined, but cross-training is rare. The pace of work is moderate, with occasional stressful periods.
Commented in April 17, 2025
33
0
A strong emphasis on client service drives excellence. The financial services firm invests heavily in employee training and career development. Great company with a mission-driven culture. Communication is streamlined and it is somehow very transparent. Training is frequent, feedback is constructive, and growth opportunities are plentiful. This financial firm stays ahead of the curve with state-of...
Commented in December 11, 2024
32
2
The company provides excellent benefits and prioritizes employee wellbeing with wellness programs and flexible schedules. Working at this financial firm has been an incredible experience. Processes could benefit from periodic reevaluation and simplification. Training is offered but often generalized rather than customized.
Commented in February 14, 2024
11
0

Connection Insurance Overview

Website
www.myconnectionbank.com
Founded In
1854
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
115 Legacy Dr Burlington Iowa IA 52601
Revenue
$10 Million - $50 Million
Phone Number
+1 3197520907
Social Media
About Connection Insurance
When it comes to banking and insurance, we've got this! Serving customers and communities in Iowa, Illinois and Missouri.

What Benefits Does Connection Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Connection 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Connection Insurance.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Connection Insurance, 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 Connection Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Connection Insurance

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

Salary.com estimates that the average total compensation package at Connection Insurance, which can include base salary, potential bonuses, and benefits, is around $42 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Connection Insurance pay compared to RB HOLDING Co?

The average annual salary at Connection Insurance is $87,369, or an hourly wage of $42, in comparison to RB HOLDING Co which pays $94,172 per year or $45 per hour.

3. Do salaries differ significantly between departments at Connection Insurance?

Yes, salaries often differ between departments at Connection Insurance 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Connection Insurance?

Salary progression from an entry-level to a senior role at Connection 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.

5. How can I determine if a salary offer from Connection Insurance in Des Moines is fair given the local cost of living?

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

6. Are promotions at Connection Insurance usually accompanied by a significant salary increase?

Yes, promotions at Connection 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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