| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Barker Phillips Jackson Inc | $90,734 |
-6.5%
|
Barker Phillips Jackson Inc likely leverages performance bonuses over the high base salary shown here. |
| Wells Fargo Insurance Services Usa Inc | $99,763 |
+2.8%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Security America Risk Purchasing Group | $95,048 |
-2.0%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Gorst & Compass TM | $109,203 |
+12.6%
|
Reflects structural premiums typical of Gorst & Compass TM's large-cap national operations. |
| Insurance Industry | $123,858 |
+27.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$90,734 / year
Salary Range: $79,796 - $102,685
Springfield, MO
$99,763 / year
Salary Range: $87,722 - $112,903
Las Vegas, NV
$95,048 / year
Salary Range: $83,581 - $107,562
Burlington, VT
$109,203 / year
Salary Range: $96,025 - $123,573
Chatsworth, CA
$94,405 / year
Salary Range: $83,012 - $106,831
Coral Springs, FL
$93,497 / year
Salary Range: $82,215 - $105,806
Miami, FL
$94,974 / year
Salary Range: $83,516 - $107,477
Waterbury, VT
$91,008 / year
Salary Range: $80,025 - $102,990
Albuquerque, NM
$94,078 / year
Salary Range: $82,728 - $106,465
Tulsa, OK
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) | $950 - $1,500+ | A significant portion of Insurance Companies salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (RideKC monthly pass, streetcar free) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $680+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,270 - $3,670+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Insurance Companies pays its employees an average of $96,999 per year. The average salary at Insurance Companies range from $85,294 to $109,770 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 Companies is higher than the similar company. The average annual salary at Insurance Companies is $96,999, or an hourly wage of $47, in comparison to Barker Phillips Jackson Inc which pays $90,734 per year or $44 per hour.
In many roles at Insurance Companies, 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.
Kansas City, MO's Cost of Living Index is approximately 87.2 (12.8% less expensive than US average; 1.9% less than MO average). This significantly impacts the purchasing power of a salary from Insurance Companies based there. Our "Cost of Living Insights for Kansas City" module details this impact, helping you assess the 'real feel' value of your compensation.
Insurance Companies 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 Insurance Companies" section on this page.
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