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The Gray Insurance Co Salary

The Gray Insurance Co Salary

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As of August 2026, the average hourly salary for employees at The Gray Insurance Co in the United States is $47. This translates to an approximate annual wage of $97,379. Salaries at The Gray Insurance Co typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Is The Gray Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does The Gray 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
NuNet3 $46
-0.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Pride Public Adjusters Inc $53
+13.5%
Driven by niche technical certifications required for Pride Public Adjusters Inc's specialized projects.
Facility Insurance Holding Corp $47
+0.1%
Indicates identical technical requirements and experience levels between the two firms.
Ace Insurance Group $46
-1.1%
Suggests Ace Insurance Group utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $60
+27.2%
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 The Gray Insurance Co and Their Hourly Pay Rates

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

Employee Reviews: Working at The Gray Insurance Co

Considering a career at The Gray 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 work-life balance is manageable, and the benefits are competitive. Colleagues are collaborative, and the company invests in employee development through training programs. Training programs are available, though more advanced courses would be a plus. The insurance products are well-designed, making client interactions rewarding. Leadership fosters a culture of respect and innovation.
Commented in April 08, 2025
14
3
Work-life balance is respected, making it a great place for long-term employment. Benefits meet industry norms, and the office environment is comfortable. The compensation is fair, and the team is highly collaborative. Team dynamics are positive, and management is fair. The insurance training programs are top-notch, and leadership is invested in employee success. The team is professional, and work...
Commented in October 07, 2024
50
3
The company’s commitment to employee well-being is evident. Highly recommend this employer. The team is professional, and collaboration happens smoothly. It’s A company with reasonable expectations, making it a dependable choice for professionals in insurance. Working here has been a positive experience overall.
Commented in March 22, 2024
15
2

The Gray Insurance Co Overview

Website
www.grayinsco.com
Founded In
2004
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
3601 N I 10 Service Rd W Metairie Louisiana LA 70002
Revenue
$10 Million - $50 Million
Phone Number
+1 5048887790
Social Media
About The Gray Insurance Co
Founded in 1977, The Gray Insurance Company is a family-owned, relationship-based, and service- focused insurance company admitted in 50 states. Offering workers' compensation, commercial auto, general liability, and excess liability coverage, Gray Insurance's program is designed to respond to overlapping state and federal jurisdictions and complex contractual arrangements. They are headquartered

What Benefits Does The Gray Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Gray 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 Metairie?

Understanding the cost of living near Metairie is key to truly evaluating a salary offer or your current compensation at The Gray Insurance Co.
Metairie's Cost of Living Index is approximately 94.9 (5.1% less expensive than US average; 2.0% more than LA average). Large New Orleans suburb (Jefferson Parish), housing more affordable than NOLA. JeT/RTA access. When planning your budget based on a salary from The Gray Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of The Gray Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation JeT/RTA (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,390 - $3,820+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Gray Insurance Co

1. How much does a The Gray Insurance Co employee make?

The Gray Insurance Co pays its employees an average of $47 per hour. The average salary at The Gray Insurance Co range from $41 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. Which similar company tend to pay more or less than The Gray Insurance Co?

The salary at The Gray Insurance Co is higher than the similar company. The average annual salary at The Gray Insurance Co is $97,379, or an hourly wage of $47, in comparison to NuNet3 which pays $96,662 per year or $46 per hour.

3. How much does a Chief Operating Officer typically earn at The Gray Insurance Co?

A Chief Operating Officer at The Gray Insurance Co typically earns an average hourly base salary of around $211, with a general range of $166 to $268.

4. Do employees with advanced degrees (Master's, PhD) earn more at The Gray Insurance Co?

In many roles at The Gray Insurance Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Metairie affect the perceived value of a The Gray Insurance Co salary?

Metairie's Cost of Living Index is approximately 94.9 (5.1% less expensive than US average; 2.0% more than LA average). This significantly impacts the purchasing power of a salary from The Gray Insurance Co based there. Our "Cost of Living Insights for Metairie" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does The Gray Insurance Co typically offer employees?

The Gray Insurance Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at The Gray Insurance Co" section on this page.

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