Jay Petersen Agency Inc Salary

Jay Petersen Agency Inc Salary

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As of August 2026, the average annual salary for employees at Jay Petersen Agency Inc in the United States is $95,997. This translates to an approximate hourly wage of $46. Salaries at Jay Petersen Agency Inc typically range from $84,469 to $108,550 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Jay Petersen Agency Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Jay Petersen Agency Inc. Based on our data, the highest paying job is the Customer Service Representative, with an annual salary of $33,821. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Jay Petersen Agency Inc

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

Is Jay Petersen Agency Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Jay Petersen Agency Inc'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
US Insurance Company of America $82,770
-13.8%
US Insurance Company of America likely leverages performance bonuses over the high base salary shown here.
First Place Agency Inc $103,813
+8.1%
Data suggests First Place Agency Inc's workforce skews heavily towards veteran, high-tenure roles.
MIRASCON Versicherungsagentur GmbH $113,359
+18.1%
Reflects a supply-demand imbalance for the specific talent MIRASCON Versicherungsagentur GmbH targets.
Stonehill Christian Academy $89,943
-6.3%
Typical compensation structure for smaller regional agencies like Stonehill Christian Academy.
Insurance Industry $123,858
+29.0%
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 Jay Petersen Agency Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Jay Petersen Agency Inc. Click a company name to learn more.

Employee Reviews: Working at Jay Petersen Agency Inc

Considering a career at Jay Petersen Agency Inc? 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.
Work-life balance is respected, and the benefits package is comprehensive. My role at this insurance company has been consistent and structured. The insurance products are well-designed, making client interactions rewarding. The company also hosts networking events with other professionals in the field. Proud to be part of this growing company.
Commented in April 13, 2025
19
3
The insurance sector is challenging, but the team is knowledgeable and helpful. The company fosters a collaborative environment where employees are encouraged to grow. Good incentives. With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly. Team dynamics are positive, and management is approachable. Career growth is encourag...
Commented in October 23, 2024
49
2
Compensation is fair, and the bonus structure rewards hard work. The team is supportive, and the work environment is positive. There’s a strong focus on professional development, with regular skill-building sessions.
Commented in February 07, 2024
9
2

Jay Petersen Agency Inc Overview

Website
www.jaypetersenagency.com
Founded In
2003
Employees
<25 employees
Industry
Insurance
Headquarter Address
6941 Nicollet Ave Richfield Minnesota MN 55423
Revenue
<$5 Million
Phone Number
+1 6128692745
Social Media
About Jay Petersen Agency Inc
Jay Petersen Agency Inc is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Richfield, Minnesota.

What Benefits Does Jay Petersen Agency Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Jay Petersen Agency Inc 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Jay Petersen Agency Inc.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Jay Petersen Agency Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Jay Petersen Agency Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Jay Petersen Agency Inc

1. What is the typical salary range (low to high) for most roles at Jay Petersen Agency Inc?

The typical annual salary range for most roles at Jay Petersen Agency Inc is approximately from $84,469 to $108,550. 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 Jay Petersen Agency Inc pay compared to US Insurance Company of America?

The average annual salary at Jay Petersen Agency Inc is $95,997, or an hourly wage of $46, in comparison to US Insurance Company of America which pays $82,770 per year or $40 per hour.

3. How does experience level affect salary at Jay Petersen Agency Inc?

Experience level is a significant factor in determining salary at Jay Petersen Agency Inc, 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.

4. How can I determine if a salary offer from Jay Petersen Agency Inc in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Jay Petersen Agency Inc in Minneapolis is fair, first compare the gross salary to our data for similar roles at Jay Petersen Agency Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.

5. What are the key factors that influence salary levels at Jay Petersen Agency Inc?

Several key factors influence salary levels at Jay Petersen Agency Inc. 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: Jay Petersen Agency Inc 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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