Palomar Financial Salary

Palomar Financial Salary

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As of August 2026, the average annual salary for employees at Palomar Financial in the United States is $86,145. This translates to an approximate hourly wage of $41. Salaries at Palomar Financial typically range from $75,562 to $97,612 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Palomar Financial Pay for Different Roles?

Explore detailed salary information for specific jobs at Palomar Financial. Based on our data, the highest paying job is the Director, Information Services, with an annual salary of $192,431. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Palomar Financial

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

Is Palomar Financial’s Pay Competitive? Salary Benchmarking Analysis

How does Palomar Financial'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
Caritas Financial $86,441
+0.3%
Confirms Caritas Financial is a direct competitor vying for the exact same talent pool.
Prepline $88,941
+3.2%
Reflects a supply-demand imbalance for the specific talent Prepline targets.
Champions $82,127
-4.7%
Champions operates with a leaner overhead structure, impacting base wage offers.
Other Latin American countries $86,177
+0.0%
Indicates identical technical requirements and experience levels between the two firms.
Financial Services Industry $121,514
+41.1%
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.

How Palomar Financial's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Palomar Financial

Considering a career at Palomar Financial? 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.
Employees globally, there’s a strong sense of professionalism and collaboration. With employees across multiple divisions, there are endless opportunities to learn and advance. This financial services firm truly invests in its people. One of the few places where both performance and values are equally important. Office culture is professional but sometimes reserved.
Commented in April 28, 2025
26
2
Excellent internal mobility and training. This organization provides a structured yet flexible working model. The culture is professional but lacks warmth. Fantastic culture! Management truly values employee input and fosters a supportive, collaborative environment where everyone feels respected and heard by their peers. Regular training programs enhance skills and knowledge. Training programs exi...
Commented in March 20, 2025
48
2
Working here has significantly expanded my technical skills while maintaining the importance of client relationships. Doing good is baked into our culture. High employee morale and strong engagement. Benefits cover basic needs but aren’t particularly generous compared to industry leaders. Innovative tools and technologies enhance workflows.
Commented in December 21, 2024
45
0

Palomar Financial Overview

Website
www.palomarfin.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Financial Services
Headquarter Address
7501 N Capital of Texas Hwy Austin Texas TX 78731
Revenue
<$5 Million
Phone Number
+1 5124046555
Social Media
About Palomar Financial
Palomar Financial is a company that operates in the Financial Services industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Austin, Texas.

What Benefits Does Palomar Financial Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palomar Financial 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 Austin?

Understanding the cost of living near Austin is key to truly evaluating a salary offer or your current compensation at Palomar Financial.
Austin's Cost of Living Index is approximately 129.5 (29.5% more expensive than US average; 39.2% more than TX average). State capital, major tech hub, 'Keep Austin Weird', very high housing costs, high overall expenses. Capital Metro. When planning your budget based on a salary from Palomar Financial, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,500+ A significant portion of Palomar Financial salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $41.25 (CapMetro 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 $500 - $950+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,111 - $5,071+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palomar Financial

1. What is the typical salary range (low to high) for most roles at Palomar Financial?

The typical annual salary range for most roles at Palomar Financial is approximately from $75,562 to $97,612. 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 Palomar Financial pay compared to Caritas Financial?

The average annual salary at Palomar Financial is $86,145, or an hourly wage of $41, in comparison to Caritas Financial which pays $86,441 per year or $42 per hour.

3. Do salaries differ significantly between departments at Palomar Financial?

Yes, salaries often differ between departments at Palomar Financial 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 Palomar Financial?

Experience level is a significant factor in determining salary at Palomar Financial, 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 Palomar Financial in Austin is fair given the local cost of living?

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

6. What factors influence salary increases at Palomar Financial?

Salary increases at Palomar Financial are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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