Investors Preferred Salary
How Much Does Investors Preferred Pay for Different Roles?
President
$598,337 / year
Salary Range: $458,059 - $754,110
Executive
Chief Financial Officer
$311,947 / year
Salary Range: $239,365 - $391,452
Financial
Director, Business
$95,868 / year
Salary Range: $86,551 - $110,569
E-Commerce Site Management
Associate Actuarial Analyst
$55,977 / year
Salary Range: $50,120 - $60,462
Actuarial
Senior Staff Accountant
$51,246 / year
Salary Range: $46,981 - $55,484
Finance and Accounting
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Current Job Openings at Investors Preferred
Is Investors Preferred’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Harms Insurance Group | $88,909 |
+15.0%
|
Reflects structural premiums typical of Harms Insurance Group's large-cap national operations. |
| Blanco Agencies | $85,154 |
+10.2%
|
Data suggests Blanco Agencies's workforce skews heavily towards veteran, high-tenure roles. |
| Railroad Marketing Specialists | $90,702 |
+17.3%
|
Influenced by prevailing union wage agreements specific to Railroad Marketing Specialists's sector. |
| Leaders Life | $82,538 |
+6.8%
|
Supported by Leaders Life's high-margin contracts allowing higher overhead. |
| Insurance Industry | $123,858 |
+60.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Investors Preferred's Salaries Compare to Similar Companies?
Harms Insurance Group
$88,909 / year
Salary Range: $78,229 - $100,539
Sun Prairie, WI
Blanco Agencies
$85,154 / year
Salary Range: $74,930 - $96,283
Tampa, FL
Railroad Marketing Specialists
$90,702 / year
Salary Range: $79,805 - $102,563
Saint George, UT
Leaders Life
$82,538 / year
Salary Range: $72,621 - $93,320
Oklahoma City, OK
Associated Concepts Agency Inc
$88,582 / year
Salary Range: $77,945 - $100,161
Beachwood, OH
Robinson Benefits Ltd
$91,441 / year
Salary Range: $80,456 - $103,392
Houston, TX
InsuraPro Advisors
$101,250 / year
Salary Range: $89,088 - $114,489
Fairfax, VA
Pritchett Agency
$82,443 / year
Salary Range: $72,539 - $93,222
Asheville, NC
Minnesota Life Insurance Co
$81,325 / year
Salary Range: $71,558 - $91,954
Charleston, WV
Employee Reviews: Working at Investors Preferred
Investors Preferred Overview
What Benefits Does Investors Preferred Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Rapid City?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $950 - $1,500+ | A significant portion of Investors Preferred salary. Location choices impact this heavily. |
| Utilities (Basic) | $110 - $200 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $25 (RapidRide monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $360 - $680+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,225 - $3,675+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Investors Preferred
1. What is the typical salary range (low to high) for most roles at Investors Preferred?
The typical annual salary range for most roles at Investors Preferred is approximately from $68,012 to $87,406. 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. How much does Investors Preferred pay compared to Harms Insurance Group?
The average annual salary at Investors Preferred is $77,296, or an hourly wage of $37, in comparison to Harms Insurance Group which pays $88,909 per year or $43 per hour.
3. Do salaries differ significantly between departments at Investors Preferred?
Yes, salaries often differ between departments at Investors Preferred due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
4. How does experience level affect salary at Investors Preferred?
Experience level is a significant factor in determining salary at Investors Preferred, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
5. How can I determine if a salary offer from Investors Preferred in Rapid City is fair given the local cost of living?
To determine if a salary offer from Investors Preferred in Rapid City is fair, first compare the gross salary to our data for similar roles at Investors Preferred and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Rapid City" to understand its purchasing power.
6. What are the key factors that influence salary levels at Investors Preferred?
Several key factors influence salary levels at Investors Preferred. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Investors Preferred likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.
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