| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Accreditation Commission for Traffic Accident Reconstruction | $86,778 |
-11.4%
|
Accreditation Commission for Traffic Accident Reconstruction may offer non-monetary perks in lieu of competitive base salaries. |
| Libertate Insurance LLC | $87,960 |
-10.2%
|
Libertate Insurance LLC operates with a leaner overhead structure, impacting base wage offers. |
| Schools Insurance Authority | $103,149 |
+5.3%
|
Influenced by prevailing union wage agreements specific to Schools Insurance Authority's sector. |
| American Association of Insurance Services Inc | $99,510 |
+1.6%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Insurance Industry | $123,858 |
+26.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,778 / year
Salary Range: $76,314 - $98,185
North Platte, NE
$87,960 / year
Salary Range: $77,386 - $99,453
Orlando, FL
$103,149 / year
Salary Range: $90,710 - $116,708
Sacramento, CA
$99,510 / year
Salary Range: $87,512 - $112,586
Lisle, IL
$100,132 / year
Salary Range: $88,052 - $113,294
Cotuit, MA
$95,386 / year
Salary Range: $83,883 - $107,916
Richmond, VA
$94,215 / year
Salary Range: $82,857 - $106,599
Kansas City, MO
$96,514 / year
Salary Range: $84,873 - $109,196
Olympia, WA
$94,710 / year
Salary Range: $83,287 - $107,148
Loxahatchee, FL
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,600 - $2,400+ | A significant portion of Insurance Business salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $114 (RTD monthly regional pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $620 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $750+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,044 - $4,694+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Insurance Business pays its employees an average of $97,917 per year. The average salary at Insurance Business range from $86,101 to $110,782 per year. 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.
The salary at Insurance Business is higher than its peer company. The average annual salary at Insurance Business is $97,917, or an hourly wage of $47, in comparison to Accreditation Commission for Traffic Accident Reconstruction which pays $86,778 per year or $42 per hour.
Salary progression with years of experience at Insurance Business is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at Insurance Business vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Denver section provides more context.
Insurance Business typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Insurance Business" section on this page.
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