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MAPFRE Life Insurance Co Salary

MAPFRE Life Insurance Co Salary

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As of August 2026, the average hourly salary for employees at MAPFRE Life Insurance Co in the United States is $61. This translates to an approximate annual wage of $127,831. Salaries at MAPFRE Life Insurance Co typically range from $54 to $70 hourly, reflecting the diverse roles and experience levels within the company.
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Is MAPFRE Life Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does MAPFRE Life 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
Blue Cross and Blue Shield of Louisiana $53
-13.5%
Normalized for lower cost-of-living zones where Blue Cross and Blue Shield of Louisiana primarily operates.
Hiscox Insurance Company Ltd $59
-4.6%
Typical compensation structure for smaller regional agencies like Hiscox Insurance Company Ltd.
Homesite Group Insurance $65
+6.1%
Supported by Homesite Group Insurance's high-margin contracts allowing higher overhead.
Berkshire Hathaway Specialty Insurance Co $65
+5.2%
Influenced by prevailing union wage agreements specific to Berkshire Hathaway Specialty Insurance Co's sector.
Insurance Industry $60
-3.1%
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 MAPFRE Life Insurance Co and Their Hourly Pay Rates

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

Employee Reviews: Working at MAPFRE Life Insurance Co

Considering a career at MAPFRE Life 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 hybrid work model is a big plus, allowing flexibility without sacrificing productivity. Training opportunities are abundant, helping employees stay updated in the evolving insurance industry. Benefits are standard but reliable.
Commented in April 27, 2025
42
3
The onboarding process was smooth, and my team was very supportive. The insurance industry is fast-paced, but teamwork makes it manageable. It’s a great workplace for motivated professionals. Working here has been a positive and growth-oriented experience.
Commented in March 16, 2025
50
0
The workplace is well-organized, and processes are clearly defined. The company invests in employee development, offering certifications and workshops. Management is fair and provides updates on company progress. The company offers strong benefits, including mental health resources. The insurance solutions offered are innovative, making work engaging. The insurance industry can be complex, but the...
Commented in November 12, 2024
36
3
The work is challenging but rewarding, with clear performance metrics. Managers are approachable, and employees are encouraged to share ideas. The insurance products are well-designed, making client interactions rewarding.
Commented in September 11, 2024
12
2
The company stays ahead with tech advancements, making daily tasks easier. It’s rare to find such a balanced and employee-focused company in this sector. The insurance products are reliable, and workflows are structured.
Commented in February 17, 2024
36
2

MAPFRE Life Insurance Co Overview

Website
www.mapfreinsurance.com
Founded In
1975
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
11 Gore Rd Webster Massachusetts MA 01570
Revenue
$1B - $3B
Phone Number
+1 8002822913
Social Media
About MAPFRE Life Insurance Co
Founded in 1972 and headquartered in Webster, Massachusetts, MAPFRE Insurance offers personal, commercial property, and casualty insurance internationally.

What Benefits Does MAPFRE Life Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. MAPFRE Life 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 Worcester?

Understanding the cost of living near Worcester is key to truly evaluating a salary offer or your current compensation at MAPFRE Life Insurance Co.
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). Central MA city, growing, more affordable than Boston area. WRTA bus, Commuter Rail. When planning your budget based on a salary from MAPFRE Life Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of MAPFRE Life Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (WRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,960 - $4,610+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MAPFRE Life Insurance Co

1. What is the typical salary range (low to high) for most roles at MAPFRE Life Insurance Co?

The typical salary range for most roles at MAPFRE Life Insurance Co is approximately from $54 to $70 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 MAPFRE Life Insurance Co pay compared to Blue Cross and Blue Shield of Louisiana?

The average annual salary at MAPFRE Life Insurance Co is $127,831, or an hourly wage of $61, in comparison to Blue Cross and Blue Shield of Louisiana which pays $110,596 per year or $53 per hour.

3. Do salaries differ significantly between departments at MAPFRE Life Insurance Co?

Yes, salaries often differ between departments at MAPFRE Life Insurance Co 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. How does experience level affect salary at MAPFRE Life Insurance Co?

Experience level is a significant factor in determining salary at MAPFRE Life Insurance Co, 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.

5. How can I determine if a salary offer from MAPFRE Life Insurance Co in Worcester is fair given the local cost of living?

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

6. Are the salaries listed for MAPFRE Life Insurance Co on Salary.com pre-tax or after-tax?

All salary figures displayed for MAPFRE Life Insurance Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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