LBS Insurance Group Salary

As of August 2026, the average annual salary for employees at LBS Insurance Group in the United States is $86,356. This translates to an approximate hourly wage of $42. Salaries at LBS Insurance Group typically range from $75,975 to $97,637 annually, reflecting the diverse roles and experience levels within the company.

How Much Does LBS Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at LBS Insurance Group. Based on our data, the highest paying job is the Commercial Lines Account Executive, with an annual salary of $135,245. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at LBS Insurance Group

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

Is LBS Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does LBS 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
Dickey McCay Insurance $81,599
-5.5%
Dickey McCay Insurance may offer non-monetary perks in lieu of competitive base salaries.
Graham Insurance Inc $95,301
+10.4%
Data suggests Graham Insurance Inc's workforce skews heavily towards veteran, high-tenure roles.
MediConnect Insurance Co $89,500
+3.6%
Supported by MediConnect Insurance Co's high-margin contracts allowing higher overhead.
Dairyland Insurance Co $90,555
+4.9%
Driven by niche technical certifications required for Dairyland Insurance Co's specialized projects.
Insurance Industry $123,858
+43.4%
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 LBS Insurance Group

Considering a career at LBS 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.
I highly recommend this company for its supportive culture and career development opportunities. Overall, it meets expectations without exceeding them. The insurance industry can be complex, but the training programs here are thorough, ensuring employees are well-prepared. For anyone seeking growth in insurance, this is a fantastic place to build a career. Management is supportive, and career grow...
The company maintains a professional atmosphere with structured workflows. The team is cooperative, and management is reasonable in their expectations. The benefits, including stock options and health plans, are outstanding. Benefits like wellness programs and bonuses add value. The leadership team is transparent about company goals, making employees feel valued. Managers are fair and provide clea...
The company culture is one of respect and collaboration, which makes coming to work enjoyable. The company operates efficiently, with well-defined roles and responsibilities. The insurance industry is demanding, but the team makes it manageable. The company values employee feedback, which improves workplace policies. I appreciate the transparency and integrity of this company.

LBS Insurance Group Overview

Website
www.lbsinsurancegroup.com
Founded In
2003
Employees
<25 employees
Industry
Insurance
Headquarter Address
303 Main St W Ashland Wisconsin WI 54806
Revenue
$5 Million - $10 Million
Phone Number
+1 7156826197
Social Media
About LBS Insurance Group
LBS Insurance Group has been serving northern Wisconsin since 1958. With local agents and three locations to better serve you, we are truly your independent insurance agency! It is the mission of LBS Insurance Group to provide insurance products to our clients in a professional manner. We are here to serve our clients and provide them with the insurance products they need. LBS Insurance Group has

What Benefits Does LBS Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. LBS 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 Eau Claire?

Understanding the cost of living near Eau Claire is key to truly evaluating a salary offer or your current compensation at LBS Insurance Group.
Eau Claire's Cost of Living Index is approximately 88.2 (11.8% less expensive than US average; 7.0% less than WI average). Western WI city (UW-Eau Claire), affordable. ECTR. When planning your budget based on a salary from LBS Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,250+ A significant portion of LBS Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit 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 $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,050 - $3,290+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of LBS Insurance Group

1. How much does LBS Insurance Group in the United States pay?

LBS Insurance Group pays its employees an average of $86,356 per year. The average salary at LBS Insurance Group range from $75,975 to $97,637 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. Do LBS Insurance Group employees get a higher salary than its peer company?

The salary at LBS Insurance Group is higher than its peer company. The average annual salary at LBS Insurance Group is $86,356, or an hourly wage of $42, in comparison to Dickey McCay Insurance which pays $81,599 per year or $39 per hour.

3. What are the highest paying jobs at LBS Insurance Group?

The higher-paying job at LBS Insurance Group, according to our data, include Commercial Lines Account Executive (avg. $135,245 per year), Commercial Account Executive (avg. $83,614 per year), and Customer Service Representative (avg. $30,424 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at LBS Insurance Group?

Salary progression with years of experience at LBS Insurance Group is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at LBS Insurance Group vary by office location?

Yes, it's very likely that salaries at LBS Insurance Group vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Eau Claire section provides more context.

6. Does LBS Insurance Group offer good benefits?

LBS Insurance Group typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at LBS Insurance Group" section on this page.