Elephant Insurance Co Salary

As of August 2026, the average hourly salary for employees at Elephant Insurance Co in the United States is $56. This translates to an approximate annual wage of $116,914. Salaries at Elephant Insurance Co typically range from $49 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Elephant Insurance Co

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Is Elephant Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Elephant Insurance 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
Smw National Pension Fund $61
+8.9%
Reflects a supply-demand imbalance for the specific talent Smw National Pension Fund targets.
TeamCare $58
+3.4%
Supported by TeamCare's high-margin contracts allowing higher overhead.
DUAL International Ltd $55
-2.4%
Suggests DUAL International Ltd utilizes a highly similar base-plus-benefits compensation model.
Liberty Diamonds $50
-11.0%
Liberty Diamonds focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $60
+5.9%
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 Elephant Insurance Co

Considering a career at Elephant Insurance 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.
The work-life balance is well-maintained. It’s a good fit for those who prefer a low-drama workplace in the insurance sector. The benefits are standard, and the work atmosphere is professional. The company maintains a strong reputation in the insurance market, which adds a sense of job security.
Benefits are on par with industry standards, though more wellness initiatives would be appreciated. Benefits are standard for the industry, and the pay is fair. The insurance industry can be demanding, but the leadership team ensures we have the tools and support needed to succeed. I’m happy with my decision to join this organization. It’s a dependable place for those who value consistency in thei...
While the workload is consistent, it remains manageable. Benefits like tuition reimbursement and hybrid work options add value. The office culture is low-drama, which is appreciated.

Elephant Insurance Co Overview

Website
www.elephant.com
Founded In
2009
Employees
500 - 1,000 employees
Industry
Insurance
Headquarter Address
9950 Mayland Dr Henrico Virginia VA 23233
Revenue
$500 Million - $1B
Phone Number
+1 8049551722
Social Media
About Elephant Insurance Co
Founded in 2009, Elephant is a direct-to-consumer insurance company offering auto, home, motorcycle, and life products to customers. They are headquartered in Richmond, Virginia.

What Benefits Does Elephant Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Elephant Insurance 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Elephant Insurance Co.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Elephant Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Elephant Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Elephant Insurance Co

1. How much does an Elephant Insurance Co employee make?

Elephant Insurance Co pays its employees an average of $56 per hour. The average salary at Elephant Insurance Co range from $49 to $64 per hour. 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. Which similar company tend to pay more or less than Elephant Insurance Co?

The salary at Elephant Insurance Co is lesser than the similar company. The average annual salary at Elephant Insurance Co is $116,914, or an hourly wage of $56, in comparison to Smw National Pension Fund which pays $127,325 per year or $61 per hour.

3. How much does a Chief Executive Officer typically earn at Elephant Insurance Co?

A Chief Executive Officer at Elephant Insurance Co typically earns an average hourly base salary of around $435, with a general range of $333 to $550.

4. Do employees with advanced degrees (Master's, PhD) earn more at Elephant Insurance Co?

In many roles at Elephant Insurance Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Richmond affect the perceived value of a Elephant Insurance Co salary?

Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). This significantly impacts the purchasing power of a salary from Elephant Insurance Co based there. Our "Cost of Living Insights for Richmond" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Elephant Insurance Co typically offer employees?

Elephant Insurance Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Elephant Insurance Co" section on this page.