Independence Administrators Salary

Independence Administrators Salary

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As of April 2026, the average annual salary for employees at Independence Administrators in the United States is $105,723. This translates to an approximate hourly wage of $51. Salaries at Independence Administrators typically range from $92,973 to $119,647 annually, reflecting the diverse roles and experience levels within the company.
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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 $110,300
+4.3%
Driven by niche technical certifications required for Protego Insurance Services's specialized projects.
Cambridge Integrated Services Group Inc $112,674
+6.6%
Reflects a supply-demand imbalance for the specific talent Cambridge Integrated Services Group Inc targets.
Mandy Kobilan - Health Insurance Consultations Colorado $96,240
-9.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Association of Risk Managers Northwest $93,951
-11.1%
Association of Risk Managers Northwest may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+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.

How Independence Administrators's Salaries Compare to Similar Companies?

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 average salary for employees at Independence Administrators?

The average annual total compensation for employees at Independence Administrators is approximately $105,723. However, this is an aggregate figure, actual salaries can range significantly, typically from $92,973 to $119,647, depending on factors like job role, experience, and location.

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. What is the lowest salary at Independence Administrators?

The lowest-paying job at Independence Administrators is a Lead Research Analyst with a salary of $128,940 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Independence Administrators?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Independence Administrators for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Independence Administrators offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially Independence Administrators, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Independence Administrators?

Most companies, likely including Independence Administrators, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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