Farmers Insurance Mark Ormond Salary

As of August 2026, the average hourly salary for employees at Farmers Insurance Mark Ormond in the United States is $47. This translates to an approximate annual wage of $98,160. Salaries at Farmers Insurance Mark Ormond typically range from $42 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Farmers Insurance Mark Ormond

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Is Farmers Insurance Mark Ormond’s Pay Competitive? Salary Benchmarking Analysis

How does Farmers Insurance Mark Ormond'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
Morgan LUTCF Knights of Columbus Insurance $45
-5.6%
Reflects market rates for standard general contracting, differing from specialized roles.
HEALTH CLAIMS RESOURCES Inc $42
-11.0%
HEALTH CLAIMS RESOURCES Inc operates with a leaner overhead structure, impacting base wage offers.
BYRD Insurance $44
-5.7%
Normalized for lower cost-of-living zones where BYRD Insurance primarily operates.
V&V Insurance Agency Inc $40
-15.1%
V&V Insurance Agency Inc may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $60
+26.2%
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 Farmers Insurance Mark Ormond

Considering a career at Farmers Insurance Mark Ormond? 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.
Highly recommend for anyone in the insurance sector. The work environment is inclusive, and diversity is celebrated. The team environment is collaborative, and there’s a strong emphasis on work-life balance. The company also gives back to the community, which adds to the sense of purpose. Management is fair, and the team works well together.
The insurance training is top-notch, and leadership is transparent. I’ve had a fulfilling experience working here. While the pace can be steady, it’s manageable with proper time management.
Benefits are excellent, including health and retirement plans. The company provides a stable and engaging work environment in the insurance sector. The workload is manageable, allowing for a good work-life balance. Leadership fosters a culture of respect and innovation. A great place to grow professionally. The office environment is professional, with modern facilities.
A stable option for insurance professionals. A decent option for those in insurance. The office atmosphere is decent, and the company maintains a strong reputation in the insurance sector. The team is collaborative, and everyone is willing to help when needed. A great workplace overall.
Benefits are excellent. Proud to be part of this team. Management is approachable and encourages professional growth. The company follows industry regulations closely, ensuring compliance. The company culture is one of respect and collaboration, which makes coming to work enjoyable.

Farmers Insurance Mark Ormond Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
723 S Dearborn St Chicago Illinois IL 60605
Revenue
<$5 Million
Phone Number
+1 3124809955
Social Media
About Farmers Insurance Mark Ormond
Farmers Insurance Mark Ormond is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Chicago, Illinois.

What Benefits Does Farmers Insurance Mark Ormond Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farmers Insurance Mark Ormond 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Farmers Insurance Mark Ormond.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Farmers Insurance Mark Ormond, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Farmers Insurance Mark Ormond salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farmers Insurance Mark Ormond

1. What is the typical salary range (low to high) for most roles at Farmers Insurance Mark Ormond?

The typical salary range for most roles at Farmers Insurance Mark Ormond is approximately from $42 to $53 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. How much does Farmers Insurance Mark Ormond pay compared to Morgan LUTCF Knights of Columbus Insurance?

The average annual salary at Farmers Insurance Mark Ormond is $98,160, or an hourly wage of $47, in comparison to Morgan LUTCF Knights of Columbus Insurance which pays $92,685 per year or $45 per hour.

3. How does experience level affect salary at Farmers Insurance Mark Ormond?

Experience level is a significant factor in determining salary at Farmers Insurance Mark Ormond, 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 Farmers Insurance Mark Ormond in Chicago is fair given the local cost of living?

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

5. Why might an individual's actual salary at Farmers Insurance Mark Ormond differ from the ranges shown here?

An individual's actual salary at Farmers Insurance Mark Ormond 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.