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Insurance Fraud Bureau Salary

Insurance Fraud Bureau Salary

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As of August 2026, the average annual salary for employees at Insurance Fraud Bureau in the United States is $96,504. This translates to an approximate hourly wage of $46. Salaries at Insurance Fraud Bureau typically range from $84,900 to $109,111 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Insurance Fraud Bureau Pay for Different Roles?

Explore detailed salary information for specific jobs at Insurance Fraud Bureau. Based on our data, the highest paying job is the Administrative Manager, with an annual salary of $133,614. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Insurance Fraud Bureau’s Pay Competitive? Salary Benchmarking Analysis

How does Insurance Fraud Bureau'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
InsureWise LLC $83,519
-13.5%
Typical compensation structure for smaller regional agencies like InsureWise LLC.
Spring Consulting Group LLC $103,750
+7.5%
Reflects a supply-demand imbalance for the specific talent Spring Consulting Group LLC targets.
Moody Insurance Worldwide Inc $98,307
+1.9%
Indicates identical technical requirements and experience levels between the two firms.
Neace Lukens $89,141
-7.6%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+28.3%
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 Insurance Fraud Bureau's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Insurance Fraud Bureau. Click a company name to learn more.

Employee Reviews: Working at Insurance Fraud Bureau

Considering a career at Insurance Fraud Bureau? 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.
The culture promotes innovation, and employees are encouraged to share ideas. The insurance products are reputable, and client interactions are straightforward. This company is an excellent employer in the insurance sector. The hybrid work policy is well-structured, allowing for productivity and flexibility.
Commented in February 24, 2025
32
0
Work-life balance is respected, and the office vibe is positive. Strong training programs. Career growth here is tangible—I’ve been promoted twice in four years. The workplace is structured, and tasks are clearly assigned. It’s a stable workplace for those who prefer routine and predictability in their job. Benefits like health coverage and retirement plans are strong. The compensation is fair, wi...
Commented in January 10, 2025
29
3
The insurance sector is fast-paced, but management ensures workloads are manageable. While there’s room for growth, the pace can be gradual. The company provides a stable and rewarding career in the insurance industry.
Commented in February 13, 2024
44
1

Insurance Fraud Bureau Overview

Website
www.ifb.org
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
60 Island St Lawrence Massachusetts MA 01840
Revenue
$5 Million - $10 Million
Phone Number
+1 9786855314
Social Media
About Insurance Fraud Bureau
Insurance Fraud Bureau is a company that operates in the Insurance industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Lawrence, Massachusetts.

What Benefits Does Insurance Fraud Bureau Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insurance Fraud Bureau 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 Lawrence?

Understanding the cost of living near Lawrence is key to truly evaluating a salary offer or your current compensation at Insurance Fraud Bureau.
Lawrence's Cost of Living Index is approximately 108.5 (8.5% more expensive than US average; 18.2% less than MA average). Merrimack Valley city, historic mills, more affordable housing than Boston area. MVRTA bus, Commuter Rail. When planning your budget based on a salary from Insurance Fraud Bureau, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Insurance Fraud Bureau salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (MVRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,800 - $4,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Insurance Fraud Bureau

1. What is the average salary for employees at Insurance Fraud Bureau?

The average annual total compensation for employees at Insurance Fraud Bureau is approximately $96,504. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,900 to $109,111, depending on factors like job role, experience, and location.

2. How much does Insurance Fraud Bureau pay compared to InsureWise LLC?

The average annual salary at Insurance Fraud Bureau is $96,504, or an hourly wage of $46, in comparison to InsureWise LLC which pays $83,519 per year or $40 per hour.

3. What is the lowest salary at Insurance Fraud Bureau?

The lowest-paying job at Insurance Fraud Bureau is an Assistant Administrative Manager with a salary of $56,676 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 Insurance Fraud Bureau?

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 Insurance Fraud Bureau for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Insurance Fraud Bureau offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lawrence?

While some companies offer formal COLA, many, including potentially Insurance Fraud Bureau, 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 Insurance Fraud Bureau?

Most companies, likely including Insurance Fraud Bureau, 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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