Independence Administrators Salary

Independence Administrators Salary

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As of August 2026, the average hourly salary for employees at Independence Administrators in the United States is $51. This translates to an approximate annual wage of $105,723. Salaries at Independence Administrators typically range from $45 to $58 hourly, reflecting the diverse roles and experience levels within the company.
How accurate does the salary look to you?

Current Job Openings at Independence Administrators

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

Is Independence Administrators’s Pay Competitive? Salary Benchmarking Analysis

How does Independence Administrators'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
Protego Insurance Services $53
+4.3%
Supported by Protego Insurance Services's high-margin contracts allowing higher overhead.
Jardine Lloyd Thompson Ltd $49
-2.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
1199seiu Labor Management Initiatives Inc $56
+10.9%
Driven by niche technical certifications required for 1199seiu Labor Management Initiatives Inc's specialized projects.
Rhodes Risk Advisors $44
-12.5%
Rhodes Risk Advisors focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $60
+17.2%
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.

Companies Similar to Independence Administrators and Their Hourly Pay Rates

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

Employee Reviews: Working at Independence Administrators

Considering a career at Independence Administrators? 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.
Compensation is fair, with performance bonuses and annual raises. Management is transparent about company goals, and teamwork is highly encouraged. A stable option for insurance professionals. Flexible scheduling options and mental health resources are available, which is rare in insurance. Benefits like wellness programs and bonuses add value.
Commented in May 20, 2025
39
2
Colleagues are cooperative, and leadership communicates well. Not the most dynamic workplace, but reliable. The insurance industry can be complex, but the training here ensures everyone is confident in their role. This company truly invests in its employees. The office atmosphere is welcoming, and remote work flexibility is a plus. I appreciate the company’s focus on employee satisfaction and care...
Commented in December 19, 2024
46
2
The workload is consistent, and processes are well-documented. The company offers great training and development programs. The office vibe is energetic, and the workload is reasonable.
Commented in July 06, 2024
37
2
I’ve built strong relationships here and feel appreciated for my contributions. Employees are treated well, and management is transparent about company goals. The office has a modern setup, and hybrid work options are available. The company provides a stable work environment with standard insurance industry perks.
Commented in January 21, 2024
47
2

Independence Administrators Overview

Website
www.ibxtpa.com
Founded In
1976
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1900 Market St Philadelphia Pennsylvania PA 19103
Revenue
$10 Million - $50 Million
Phone Number
+1 2158302579
Social Media
About Independence Administrators
We offer an exceptional commitment to customer service and high-value, cost-effective benefits administration. Independence Administrators is singularly focused on providing value to our customers. We deliver comprehensive, centralized health benefits management services that provide seamless, consistent service for your plan whether local or national. We deliver the experience, technical expertis

What Benefits Does Independence Administrators Offer Beyond Salary?

A competitive compensation package is more than just a salary. Independence Administrators 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)
Work at Independence Administrators?
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What Is the Cost of Living Near Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Independence Administrators.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Independence Administrators, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Independence Administrators salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Independence Administrators

1. What is the estimated average total compensation at Independence Administrators?

Salary.com estimates that the average total compensation package at Independence Administrators, which can include base salary, potential bonuses, and benefits, is around $51 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Independence Administrators pay compared to Protego Insurance Services?

The average annual salary at Independence Administrators is $105,723, or an hourly wage of $51, in comparison to Protego Insurance Services which pays $110,300 per year or $53 per hour.

3. Do salaries differ significantly between departments at Independence Administrators?

Yes, salaries often differ between departments at Independence Administrators 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 Independence Administrators?

Salary progression from an entry-level to a senior role at Independence Administrators 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 Independence Administrators in Philadelphia is fair given the local cost of living?

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

6. Are promotions at Independence Administrators usually accompanied by a significant salary increase?

Yes, promotions at Independence Administrators 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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