Magnolia Insurance Group Salary

How Much Does Magnolia Insurance Group Pay?BETA

As of March 2025, the average annual salary for employees at Magnolia Insurance Group in the United States is $91,346. This translates to an approximate hourly wage of $44. Salaries at Magnolia Insurance Group typically range from $80,364 to $103,282 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Magnolia Insurance Group, An Agency Owner is among the highest earners, with an average salary of approximately $213,983 per year. Conversely, the lowest-paid position is Independent Agent, earning around $77,300 annually. Explore this page further for more salary and benefits information at Magnolia Insurance Group.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Magnolia Insurance Group Pay for Different Roles?BETA

At Magnolia Insurance Group, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Agency Owner positions at Magnolia Insurance Group offer the highest average annual salary of $213,983, while Independent Agent roles have an average annual salary of $77,300.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Agency Owner $180,187 - $295,095 $213,983 Magnolia Insurance Group
Principal $89,162 - $109,678 $99,680 Magnolia Insurance Group
Independent Agent $67,661 - $92,382 $77,300 Magnolia Insurance Group
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Magnolia Insurance Group Overview

Website:
magnoliains.com
Size:
<25 Employees
Industry:
Insurance
Revenue:
<$5M
About:
Magnolia Insurance Group is a company that operates in the Insurance industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Richmond, Virginia.

Most Common Benefits for Magnolia Insurance Group

Aside from the base salary, Magnolia Insurance Group offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Magnolia Insurance Group

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Magnolia Insurance Group ’s peer companies.
Malwa Financial & Insurance Agency Newark, CA $99,415 - $127,756 Company Salary Range $112,990 Average Company Salary
First Insured Insurance Agency Austin, TX $78,779 - $101,246 Company Salary Range $89,542 Average Company Salary
SoCal Claims Resolutions Inc San Clemente, CA $88,263 - $113,428 Company Salary Range $100,322 Average Company Salary
Arrow Insurance Service Inc Westlake Village, CA $86,412 - $111,050 Company Salary Range $98,212 Average Company Salary
Coastal American Insurance Co Gulfport, MS $70,449 - $90,528 Company Salary Range $80,070 Average Company Salary
Boise River Insurance Meridian, ID $74,307 - $95,490 Company Salary Range $84,458 Average Company Salary
Arica's Insurance Hudson, NY $81,418 - $104,624 Company Salary Range $92,527 Average Company Salary
Dukes-moore Insurance Agency Inc Chestertown, MD $82,710 - $106,282 Company Salary Range $94,004 Average Company Salary
Adion Financial Group Glastonbury, CT $86,605 - $111,294 Company Salary Range $98,434 Average Company Salary
See more companies

FAQs About Magnolia Insurance Group Company

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

Magnolia Insurance Group pays its employees an average of $91,346 per year. The average salary at Magnolia Insurance Group range from $80,364 to $103,282 per year. Agency Owner jobs at Magnolia Insurance Group earn the most with an average annual salary of $213,983, while Independent Agent jobs earn the least with an average annual salary of $77,300.

2. Do Magnolia Insurance Group employees get a higher salary than other similar companies?

The salary at Magnolia Insurance Group is lesser than Malwa Financial & Insurance Agency. The highest salary package reported for an employee at Magnolia Insurance Group is $103,282 per year, meanwhile the highest salary package reported for an employee at Malwa Financial & Insurance Agency is $127,756 per year.

3. How much does Magnolia Insurance Group pay compared to Malwa Financial & Insurance Agency?

The average annual salary at Magnolia Insurance Group is $91,346, or an hourly wage of $44, in comparison to Malwa Financial & Insurance Agency which pays $112,990 per year or $54 per hour.

4. Which job skills can boost a Principal salary at Magnolia Insurance Group?

Leadership, Professional development and Commitment are key to a Principal job at Magnolia Insurance Group. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Magnolia Insurance Group.

5. What is the lowest salary at Magnolia Insurance Group?

The lowest paying job at Magnolia Insurance Group is Independent Agent with an annual salary of $77,300 or an hourly rate of $44.