| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Edwards-Brandt | $79,743 |
-11.1%
|
Edwards-Brandt may offer non-monetary perks in lieu of competitive base salaries. |
| National Title Agency | $95,291 |
+6.2%
|
Reflects structural premiums typical of National Title Agency's large-cap national operations. |
| Pomona Valley Medical Group Inc | $97,305 |
+8.5%
|
Adjusted for higher cost-of-living indices in Pomona Valley Medical Group Inc's primary metro hubs. |
| Tkf Guaranty Company LLC | $97,052 |
+8.2%
|
Driven by niche technical certifications required for Tkf Guaranty Company LLC's specialized projects. |
| Insurance Industry | $123,858 |
+38.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$79,743 / year
Salary Range: $70,156 - $90,162
Mason City, IA
$95,291 / year
Salary Range: $83,846 - $107,745
Marlton, NJ
$97,305 / year
Salary Range: $85,615 - $110,013
Ontario, CA
$97,052 / year
Salary Range: $85,358 - $109,818
Baltimore, MD
$95,512 / year
Salary Range: $84,020 - $108,038
Baltimore, MD
$96,873 / year
Salary Range: $85,239 - $109,538
San Luis, AZ
$88,034 / year
Salary Range: $77,459 - $99,539
Scottsdale, AZ
$89,120 / year
Salary Range: $78,412 - $100,770
Phoenix, AZ
$90,228 / year
Salary Range: $79,393 - $102,026
Gilbert, AZ
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) | $1,800 - $2,800+ | A significant portion of Insurance Concepts salary. Location choices impact this heavily. |
| Utilities (Basic) | $200 - $350 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Limited local, some Valley Metro | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $420 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,370 - $5,700+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Insurance Concepts pays its employees an average of $89,711 per year. The average salary at Insurance Concepts range from $78,935 to $101,441 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 Concepts is higher than the similar company. The average annual salary at Insurance Concepts is $89,711, or an hourly wage of $43, in comparison to Edwards-Brandt which pays $79,743 per year or $38 per hour.
In many roles at Insurance Concepts, 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.
Scottsdale's Cost of Living Index is approximately 125.4 (25.4% more expensive than US average; 21.5% more than AZ average). This significantly impacts the purchasing power of a salary from Insurance Concepts based there. Our "Cost of Living Insights for Scottsdale" module details this impact, helping you assess the 'real feel' value of your compensation.
Insurance Concepts 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 Concepts" section on this page.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning