Insurance Concepts Salary

As of July 2026, the average annual salary for employees at Insurance Concepts in the United States is $89,711. This translates to an approximate hourly wage of $43. Salaries at Insurance Concepts typically range from $78,935 to $101,441 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Insurance Concepts Pay for Different Roles?

Explore detailed salary information for specific jobs at Insurance Concepts. Based on our data, the highest paying job is the President, with an annual salary of $694,440. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Insurance Concepts

Ready for your next career move? Explore current job openings at Insurance Concepts. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Insurance Concepts’s Pay Competitive? Salary Benchmarking Analysis

How does Insurance Concepts'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
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.
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.

Employee Reviews: Working at Insurance Concepts

Considering a career at Insurance Concepts? 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.
Benefits, including health insurance and retirement plans, are excellent. I joined this insurance firm a year ago, and it’s been a positive experience. A top choice for insurance professionals. A stable option for those in the insurance sector.
The office environment is welcoming, and there’s a strong sense of camaraderie. Benefits like health insurance and performance bonuses are appreciated. It’s a dependable employer with standard corporate benefits. The insurance industry can be tough, but this company makes it enjoyable. Compensation is competitive, and benefits are robust.
Processes are well-defined, which helps in daily tasks. Colleagues are professional, and teamwork is encouraged. It’s a company that truly cares about its employees’ well-being and professional growth. Colleagues are professional, and the atmosphere is low-drama. The corporate culture is professional, though some departments may feel more fast-paced than others. There are occasional training sessi...

Insurance Concepts Overview

Website
www.icrmins.com
Founded In
2001
Employees
<25 employees
Industry
Insurance
Headquarter Address
7590 E Gray Rd Scottsdale Arizona AZ 85260
Revenue
<$5 Million
Phone Number
+1 6023688977
Social Media
About Insurance Concepts
INSURANCE CONCEPTS & RISK MANAGEMENT offers professional insurance services in Phoenix and throughout AZ. We specialize in providing insurance services for your AZ auto , homeowners , commercial , life , term life insurance needs. INSURANCE CONCEPTS & RISK MANAGEMENT is a trusted Leader, providing quality protection, superior customer service and the lowest AZ insurance rates with coverage's tailo

What Benefits Does Insurance Concepts Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insurance Concepts 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 Scottsdale?

Understanding the cost of living near Scottsdale is key to truly evaluating a salary offer or your current compensation at Insurance Concepts.
Scottsdale's Cost of Living Index is approximately 125.4 (25.4% more expensive than US average; 21.5% more than AZ average). Very affluent area, driven by extremely high housing costs, upscale amenities, and higher prices for goods/services. When planning your budget based on a salary from Insurance Concepts, consider these typical monthly expenses:
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.

FAQs of Insurance Concepts

1. How much does an Insurance Concepts employee make?

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.

2. Which similar company tend to pay more or less than Insurance Concepts?

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.

3. Do employees with advanced degrees (Master's, PhD) earn more at Insurance Concepts?

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.

4. How does the cost of living near Scottsdale affect the perceived value of a Insurance Concepts salary?

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.

5. What kind of benefits does Insurance Concepts typically offer employees?

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.