MAPFRE Life Insurance Co Salary
How Much Does MAPFRE Life Insurance Co Pay for Different Roles?
Managing Director
$989,526 / year
Salary Range: $755,964 - $1,250,572
Executive
General Counsel
$450,912 / year
Salary Range: $384,063 - $526,253
Legal
Chief Information Officer
$387,303 / year
Salary Range: $332,486 - $446,518
Information Technology
Senior VP, Information Technology
$387,303 / year
Salary Range: $332,486 - $446,518
Information Technology
Executive Vice President
$376,533 / year
Salary Range: $311,130 - $453,055
Operations
Vice President, Operations
$376,533 / year
Salary Range: $311,130 - $453,055
Operations
Senior VP, Marketing
$331,985 / year
Salary Range: $297,833 - $371,452
Marketing
Director, Actuarial
$295,505 / year
Salary Range: $265,404 - $325,899
Actuarial
Sales Executive
$294,556 / year
Salary Range: $257,868 - $369,103
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Vice President, Claims
$281,202 / year
Salary Range: $239,977 - $319,849
Claims
Supervising Attorney
$259,154 / year
Salary Range: $232,148 - $285,009
Legal
Senior Vice President
$253,240 / year
Salary Range: $217,460 - $290,684
Government Affairs
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Current Job Openings at MAPFRE Life Insurance Co
Is MAPFRE Life Insurance Co’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Blue Cross and Blue Shield of Louisiana | $110,596 |
-13.5%
|
Blue Cross and Blue Shield of Louisiana operates with a leaner overhead structure, impacting base wage offers. |
| Hiscox Insurance Company Ltd | $121,956 |
-4.6%
|
Hiscox Insurance Company Ltd focuses strategically on recruiting and training entry-level apprentices. |
| Homesite Group Insurance | $135,637 |
+6.1%
|
Adjusted for higher cost-of-living indices in Homesite Group Insurance's primary metro hubs. |
| Berkshire Hathaway Specialty Insurance Co | $134,540 |
+5.2%
|
Supported by Berkshire Hathaway Specialty Insurance Co's high-margin contracts allowing higher overhead. |
| Insurance Industry | $123,858 |
-3.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How MAPFRE Life Insurance Co's Salaries Compare to Similar Companies?
Blue Cross and Blue Shield of Louisiana
$110,596 / year
Salary Range: $97,106 - $125,402
Baton Rouge, LA
Hiscox Insurance Company Ltd
$121,956 / year
Salary Range: $107,048 - $138,328
Atlanta, GA
Homesite Group Insurance
$135,637 / year
Salary Range: $119,098 - $153,790
Boston, MA
Berkshire Hathaway Specialty Insurance Co
$134,540 / year
Salary Range: $118,136 - $152,546
Boston, MA
Fallon Health
$125,268 / year
Salary Range: $109,990 - $142,035
Worcester, MA
Allied World Assurance Co
$134,076 / year
Salary Range: $117,724 - $152,021
Boston, MA
Lemme Insurance Group Inc
$123,897 / year
Salary Range: $108,789 - $140,486
Arlington Heights, IL
Proctor Loan Protector
$121,502 / year
Salary Range: $106,682 - $137,767
Troy, MI
Hartford Steam Boiler Inspection and Insurance Co
$130,996 / year
Salary Range: $115,021 - $148,534
Hartford, CT
Employee Reviews: Working at MAPFRE Life Insurance Co
MAPFRE Life Insurance Co Overview
What Benefits Does MAPFRE Life Insurance Co Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Worcester?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,500 - $2,200+ | A significant portion of MAPFRE Life Insurance Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $170 - $280 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $50 (WRTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,960 - $4,610+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of MAPFRE Life Insurance Co
1. How much does a MAPFRE Life Insurance Co employee make?
MAPFRE Life Insurance Co pays its employees an average of $127,831 per year. The average salary at MAPFRE Life Insurance Co range from $112,244 to $144,949 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. Which similar company tend to pay more or less than MAPFRE Life Insurance Co?
The salary at MAPFRE Life Insurance Co is higher than the similar company. The average annual salary at MAPFRE Life Insurance Co is $127,831, or an hourly wage of $61, in comparison to Blue Cross and Blue Shield of Louisiana which pays $110,596 per year or $53 per hour.
3. How much does a Managing Director typically earn at MAPFRE Life Insurance Co?
A Managing Director at MAPFRE Life Insurance Co typically earns an average annual base salary of around $989,526, with a general range of $755,964 to $1,250,572.
4. Do employees with advanced degrees (Master's, PhD) earn more at MAPFRE Life Insurance Co?
In many roles at MAPFRE Life Insurance Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
5. How does the cost of living near Worcester affect the perceived value of a MAPFRE Life Insurance Co salary?
Worcester's Cost of Living Index is approximately 112.7 (12.7% more expensive than US average; 15.0% less than MA average). This significantly impacts the purchasing power of a salary from MAPFRE Life Insurance Co based there. Our "Cost of Living Insights for Worcester" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does MAPFRE Life Insurance Co typically offer employees?
MAPFRE Life Insurance Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at MAPFRE Life Insurance Co" section on this page.
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