Insurance Benefit Group Ltd Salary

As of August 2026, the average hourly salary for employees at Insurance Benefit Group Ltd in the United States is $52. This translates to an approximate annual wage of $108,665. Salaries at Insurance Benefit Group Ltd typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company.
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Is Insurance Benefit Group Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Insurance Benefit Group Ltd'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
Benefits Network Group Inc $51
-1.5%
Indicates identical technical requirements and experience levels between the two firms.
National Automatic Sprinkler Industry $53
+1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
K&S Group $47
-9.7%
K&S Group likely leverages performance bonuses over the high base salary shown here.
JW Terrill $46
-11.0%
Typical compensation structure for smaller regional agencies like JW Terrill.
Insurance Industry $60
+14.0%
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 Insurance Benefit Group Ltd

Considering a career at Insurance Benefit Group Ltd? 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.
It’s rare to find such a balanced and employee-focused company in this sector. Additionally, the company hosts occasional social events, which help build strong relationships among staff. The company operates efficiently, with clear hierarchies and processes. The collaborative atmosphere makes it a great place to work.
Benefits are standard for the industry, and the pay is fair. The insurance industry is fast-paced, but teamwork makes it manageable. I’ve built strong professional relationships here and feel motivated to contribute long-term.
The company follows traditional insurance practices, which ensures stability. A stable option for insurance professionals. The office location is convenient, and parking is provided. The compensation package is strong, with bonuses tied to both individual and company performance. The insurance products are competitive, and client relationships are prioritized. There are occasional training session...
Training could improve slightly. Processes are structured. The work environment is structured, and processes are well-defined, which helps in maintaining efficiency. The benefits, including stock options and health plans, are outstanding. The leadership team here is exceptional, fostering a positive work environment.

Insurance Benefit Group Ltd Overview

Website
Data pending, update soon.
Founded In
2004
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
233 Jay Dr Rockville Maryland MD 20850
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Insurance Benefit Group Ltd
Insurance Benefit Group Ltd is a company that operates in the Insurance industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Rockville, Maryland.

What Benefits Does Insurance Benefit Group Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insurance Benefit Group Ltd 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 Rockville?

Understanding the cost of living near Rockville is key to truly evaluating a salary offer or your current compensation at Insurance Benefit Group Ltd.
Rockville's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 17.3% more than MD average). Montgomery County seat, affluent, high housing costs. Ride On bus, Metro Red Line. When planning your budget based on a salary from Insurance Benefit Group Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Insurance Benefit Group Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,465 - $5,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Insurance Benefit Group Ltd

1. What is the estimated average total compensation at Insurance Benefit Group Ltd?

Salary.com estimates that the average total compensation package at Insurance Benefit Group Ltd, which can include base salary, potential bonuses, and benefits, is around $52 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Insurance Benefit Group Ltd pay compared to Benefits Network Group Inc?

The average annual salary at Insurance Benefit Group Ltd is $108,665, or an hourly wage of $52, in comparison to Benefits Network Group Inc which pays $107,062 per year or $51 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Insurance Benefit Group Ltd?

Salary progression from an entry-level to a senior role at Insurance Benefit Group Ltd 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.

4. How can I determine if a salary offer from Insurance Benefit Group Ltd in Rockville is fair given the local cost of living?

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

5. Are promotions at Insurance Benefit Group Ltd usually accompanied by a significant salary increase?

Yes, promotions at Insurance Benefit Group Ltd 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.