Lancaster Insurance Group Salary

As of September 2026, the average annual salary for employees at Lancaster Insurance Group in the United States is $86,072. This translates to an approximate hourly wage of $41. Salaries at Lancaster Insurance Group typically range from $75,691 to $97,381 annually, reflecting the diverse roles and experience levels within the company.
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Is Lancaster Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Lancaster Insurance Group'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
BancFirst Insurance Services , Inc - Tulsa $86,567
+0.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
New England Chapter IASIU $98,139
+14.0%
Reflects a supply-demand imbalance for the specific talent New England Chapter IASIU targets.
Incenta LLC $101,767
+18.2%
Influenced by prevailing union wage agreements specific to Incenta LLC's sector.
Nfp Healthcare Industry Insurance Services Inc $101,851
+18.3%
Adjusted for higher cost-of-living indices in Nfp Healthcare Industry Insurance Services Inc's primary metro hubs.
Insurance Industry $123,858
+43.9%
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 Lancaster Insurance Group

Considering a career at Lancaster Insurance Group? 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 company also encourages professional development through workshops and courses. The company offers a supportive and dynamic work environment. I’d recommend this workplace to insurance professionals. Processes are structured. Stable environment, decent workload.
It’s a good fit for those who prefer a low-drama, steady workplace. The insurance products are top-tier, making it easy to stand behind them. Appreciate the recognition for hard work. The compensation is fair, and bonuses are performance-based. Overall, it’s a stable and supportive workplace with opportunities for career advancement. The work environment is inclusive, and career advancement is enc...
The insurance industry is complex, but the training here makes it easier to navigate. The company fosters a positive and collaborative work environment. I’m pleased with my experience at this company. The company also engages in meaningful corporate social responsibility initiatives, which adds to its positive reputation.

Lancaster Insurance Group Overview

Website
www.lancaster-insurance-group.business.site
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
2522 S Berry Rd Norman Oklahoma OK 73072
Revenue
<$5 Million
Phone Number
+1 9185208552
Social Media
About Lancaster Insurance Group
Lancaster Insurance Group is a company that operates in the Insurance industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Norman, Oklahoma.

What Benefits Does Lancaster Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lancaster Insurance Group 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 Norman?

Understanding the cost of living near Norman is key to truly evaluating a salary offer or your current compensation at Lancaster Insurance Group.
Norman's Cost of Living Index is approximately 86.9 (13.1% less expensive than US average; 0.2% less than OK average). Home to Univ. of Oklahoma, housing near state avg. CART bus (free for OU). When planning your budget based on a salary from Lancaster Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Lancaster Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Free for OU (CART) / Public varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,060 - $3,380+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lancaster Insurance Group

1. What is the estimated average total compensation at Lancaster Insurance Group?

Salary.com estimates that the average total compensation package at Lancaster Insurance Group, which can include base salary, potential bonuses, and benefits, is around $86,072 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Lancaster Insurance Group pay compared to BancFirst Insurance Services , Inc - Tulsa?

The average annual salary at Lancaster Insurance Group is $86,072, or an hourly wage of $41, in comparison to BancFirst Insurance Services , Inc - Tulsa which pays $86,567 per year or $42 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Lancaster Insurance Group?

Salary progression from an entry-level to a senior role at Lancaster Insurance Group can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Lancaster Insurance Group in Norman is fair given the local cost of living?

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

5. Are promotions at Lancaster Insurance Group usually accompanied by a significant salary increase?

Yes, promotions at Lancaster Insurance Group are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.