M3 Insurance Solutions Inc Salary
How Much Does M3 Insurance Solutions Inc Pay for Different Roles?
Chief Operating Officer
$453,360 / year
Salary Range: $356,805 - $575,567
Executive
Chief Financial Officer
$405,173 / year
Salary Range: $310,607 - $509,084
Financial
Executive Vice President
$295,721 / year
Salary Range: $244,632 - $355,294
Operations
Senior Executive Vice President
$295,721 / year
Salary Range: $244,632 - $355,294
Operations
Vice President, Administration
$265,728 / year
Salary Range: $230,521 - $300,827
Management
Vice President, Finance & Accounting
$249,980 / year
Salary Range: $210,667 - $300,539
Finance
Account Executive (Employee Benefits Division)
$247,476 / year
Salary Range: $212,432 - $280,602
Account Management
Director, Client Services
$188,078 / year
Salary Range: $159,148 - $215,288
Implementation
Director, Information Technology
$187,727 / year
Salary Range: $171,051 - $204,721
Information Technology
Director, Communications
$171,145 / year
Salary Range: $153,188 - $190,010
Communications
Director, Human Resources
$167,507 / year
Salary Range: $149,615 - $184,974
Human Resources
Director, Risk Management
$148,513 / year
Salary Range: $132,216 - $167,238
Risk Management
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Current Job Openings at M3 Insurance Solutions Inc
Is M3 Insurance Solutions Inc’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Pharmacistss Mutual Insurance Co | $93,550 |
-6.8%
|
Pharmacistss Mutual Insurance Co may offer non-monetary perks in lieu of competitive base salaries. |
| Towne Insurance Agency LLC | $104,003 |
+3.6%
|
Reflects structural premiums typical of Towne Insurance Agency LLC's large-cap national operations. |
| Renegade Insurance Inc | $108,623 |
+8.2%
|
Driven by niche technical certifications required for Renegade Insurance Inc's specialized projects. |
| Inszone Insurance Services | $116,365 |
+15.9%
|
Reflects a supply-demand imbalance for the specific talent Inszone Insurance Services targets. |
| Insurance Industry | $123,858 |
+23.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How M3 Insurance Solutions Inc's Salaries Compare to Similar Companies?
Pharmacistss Mutual Insurance Co
$93,550 / year
Salary Range: $82,234 - $105,916
Algona, IA
Towne Insurance Agency LLC
$104,003 / year
Salary Range: $91,370 - $117,817
Norfolk, VA
Renegade Insurance Inc
$108,623 / year
Salary Range: $95,438 - $123,061
Atlanta, GA
Inszone Insurance Services
$116,365 / year
Salary Range: $102,238 - $131,828
Rancho Cordova, CA
Corrosion & Abrasion Solutions Ltd
$108,054 / year
Salary Range: $94,962 - $122,354
Houston, TX
Fortegra Financial Corp
$99,373 / year
Salary Range: $87,338 - $112,525
Jacksonville, FL
HealthCare Claims Management
$101,704 / year
Salary Range: $89,390 - $115,171
Indianapolis, IN
First Choice Health Network Inc
$119,794 / year
Salary Range: $105,252 - $135,718
Seattle, WA
SmartFinancial.com
$122,146 / year
Salary Range: $107,314 - $138,376
Newport Beach, CA
Employee Reviews: Working at M3 Insurance Solutions Inc
M3 Insurance Solutions Inc Overview
What Benefits Does M3 Insurance Solutions Inc Offer Beyond Salary?
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What Is the Cost of Living Near Madison?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,200 - $1,700+ | A significant portion of M3 Insurance Solutions Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $120 - $210 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $65 (Metro monthly pass, free for UW) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $410 - $600 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,575 - $3,945+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of M3 Insurance Solutions Inc
1. What is the average salary for employees at M3 Insurance Solutions Inc?
The average annual total compensation for employees at M3 Insurance Solutions Inc is approximately $100,396. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,254 to $113,672, depending on factors like job role, experience, and location.
2. How much does M3 Insurance Solutions Inc pay compared to Pharmacistss Mutual Insurance Co?
The average annual salary at M3 Insurance Solutions Inc is $100,396, or an hourly wage of $48, in comparison to Pharmacistss Mutual Insurance Co which pays $93,550 per year or $45 per hour.
3. What is the lowest salary at M3 Insurance Solutions Inc?
The lowest-paying job at M3 Insurance Solutions Inc is a Director, Risk Management with a salary of $148,513 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
4. How does having a professional certification impact salary for relevant roles at M3 Insurance Solutions Inc?
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at M3 Insurance Solutions Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
5. Does M3 Insurance Solutions Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Madison?
While some companies offer formal COLA, many, including potentially M3 Insurance Solutions Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
6. What's the typical process for salary reviews and raises at M3 Insurance Solutions Inc?
Most companies, likely including M3 Insurance Solutions Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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