M&P Specialty Insurance Salary

M&P Specialty Insurance Salary

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As of August 2026, the average annual salary for employees at M&P Specialty Insurance in the United States is $83,688. This translates to an approximate hourly wage of $40. Salaries at M&P Specialty Insurance typically range from $73,629 to $94,625 annually, reflecting the diverse roles and experience levels within the company.

How Much Does M&P Specialty Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at M&P Specialty Insurance. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $377,911. 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 M&P Specialty Insurance

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

Is M&P Specialty Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does M&P Specialty Insurance'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
Couri Insurance Associates Inc $89,721
+7.2%
Reflects a supply-demand imbalance for the specific talent Couri Insurance Associates Inc targets.
NationWide Contractors' Alliance $92,031
+10.0%
Driven by niche technical certifications required for NationWide Contractors' Alliance's specialized projects.
Core Enrollment Solutions $86,198
+3.0%
Indicates identical technical requirements and experience levels between the two firms.
Essential Benefits $82,601
-1.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+48.0%
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 M&P Specialty Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at M&P Specialty Insurance

Considering a career at M&P Specialty Insurance? 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 benefits package is competitive, and the office culture is positive. The work is challenging but rewarding, with clear performance metrics. The team feels like a family. Flexible schedules and remote options. The office environment is quiet and conducive to focused work.
Commented in February 03, 2025
50
2
I’d recommend this company to professionals seeking growth in insurance. The organization runs efficiently with well-defined roles. Management is fair, and the team is collaborative. The company also participates in community initiatives, which adds to its positive image. The office atmosphere is calm, and colleagues are easy to work with.
Commented in August 05, 2024
26
0
The benefits package is generous, including health coverage and paid time off. Team dynamics are supportive, and managers are approachable. The insurance knowledge gained here is valuable for career growth. Training programs are comprehensive, aiding professional growth. It’s a reliable workplace for those seeking steady employment. A good place to grow.
Commented in July 24, 2024
34
3

M&P Specialty Insurance Overview

Website
www.mpspecialty.com
Founded In
1999
Employees
<25 employees
Industry
Insurance
Headquarter Address
1179 Sunset Blvd West Columbia South Carolina SC 29169
Revenue
<$5 Million
Phone Number
+1 8039361601
Social Media
About M&P Specialty Insurance
M&P Specialty Insurance has been based in Columbia, South Carolina for the last 17 years and our founding principal brings over 40 years of industry experience to our team. We are licensed in all 50 states and have successfully placed coverage on projects in the Caribbean, South American, Canada and Europe. Representing over 250 customers across the country makes us one of the top specialty insura

What Benefits Does M&P Specialty Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. M&P Specialty Insurance 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 Columbia?

Understanding the cost of living near Columbia is key to truly evaluating a salary offer or your current compensation at M&P Specialty Insurance.
Columbia's Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 6.1% less than SC average). State capital (Univ. of SC, Fort Jackson), affordable housing. COMET bus. When planning your budget based on a salary from M&P Specialty Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of M&P Specialty Insurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (COMET monthly pass) 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,280 - $3,620+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of M&P Specialty Insurance

1. What is the typical salary range (low to high) for most roles at M&P Specialty Insurance?

The typical annual salary range for most roles at M&P Specialty Insurance is approximately from $73,629 to $94,625. 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 M&P Specialty Insurance pay compared to Couri Insurance Associates Inc?

The average annual salary at M&P Specialty Insurance is $83,688, or an hourly wage of $40, in comparison to Couri Insurance Associates Inc which pays $89,721 per year or $43 per hour.

3. Do salaries differ significantly between departments at M&P Specialty Insurance?

Yes, salaries often differ between departments at M&P Specialty Insurance 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 M&P Specialty Insurance?

Experience level is a significant factor in determining salary at M&P Specialty Insurance, 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 M&P Specialty Insurance in Columbia is fair given the local cost of living?

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

6. Why might an individual's actual salary at M&P Specialty Insurance differ from the ranges shown here?

An individual's actual salary at M&P Specialty Insurance can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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