Markel Insurance Co Salary

How Much Does Markel Insurance Co Pay?BETA

As of March 2025, the average annual salary for employees at Markel Insurance Co in the United States is $110,343. This translates to an approximate hourly wage of $53. Salaries at Markel Insurance Co typically range from $96,886 to $125,109 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 Markel Insurance Co, An Associate Vice President is among the highest earners, with an average salary of approximately $373,700 per year. Conversely, the lowest-paid position is Mail Associate, earning around $37,207 annually. Explore this page further for more salary and benefits information at Markel Insurance Co.

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 Markel Insurance Co Pay for Different Roles?BETA

At Markel Insurance Co, 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, Associate Vice President positions at Markel Insurance Co offer the highest average annual salary of $373,700, while Mail Associate roles have an average annual salary of $37,207.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Associate Vice President $302,482 - $466,335 $373,700 Markel Insurance Co
Vice President, Human Resources $244,114 - $325,345 $282,010 Markel Insurance Co
Vice President, Claims $207,141 - $276,071 $242,731 Markel Insurance Co
Director, Business Development $185,381 - $226,058 $207,156 Markel Insurance Co
Director, Marketing $171,099 - $210,376 $189,767 Markel Insurance Co
Assistant Treasurer $158,785 - $218,051 $185,380 Markel Insurance Co
Lead $168,117 - $200,342 $182,579 Markel Insurance Co
Senior Sales Manager $159,416 - $198,459 $179,290 Markel Insurance Co
Cash Management Analyst $131,001 - $186,401 $161,421 Markel Insurance Co
Senior Director, Operations $145,268 - $173,903 $155,028 Markel Insurance Co
Senior Underwriter $125,941 - $170,072 $147,151 Markel Insurance Co
Manager, Actuarial $130,143 - $158,836 $144,187 Markel Insurance Co
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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Markel Insurance Co Overview

Website:
markelinsurance.com
Size:
3,000 - 7,500 Employees
Industry:
Insurance
Revenue:
$200M - $500M
About:
Markel Insurance was established in 1986 and headquartered in Glen Allen, Virginia. Markel Insurance Company underwrites commercial lines coverages for a variety of niche markets including a wide range of non-profit social service agencies; children's camps; child care centers; youth recreation cent...

Most Common Benefits for Markel Insurance Co

Aside from the base salary, Markel Insurance Co 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 Markel Insurance Co

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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 Markel Insurance Co ’s peer companies.
AmTrust Financial New York City, NY $131,332 - $169,861 Company Salary Range $149,665 Average Company Salary
Great American Insurance Co Cincinnati, OH $107,736 - $139,340 Company Salary Range $122,779 Average Company Salary
California State Automobile Association Walnut Creek, CA $130,562 - $168,812 Company Salary Range $148,779 Average Company Salary
National Indemnity Co Omaha, NE $90,939 - $117,257 Company Salary Range $103,507 Average Company Salary
Old Republic Home Protection San Ramon, CA $115,534 - $148,973 Company Salary Range $131,502 Average Company Salary
Bd of Trustees Local 210's Pension Plan C/o Savasta and Co New York City, NY $124,193 - $160,374 Company Salary Range $141,449 Average Company Salary
Cornell-hart Pension Plan Board of Trustees Portland, OR $105,683 - $136,474 Company Salary Range $120,363 Average Company Salary
Board of Trustees Local 235 Pension Fund Elmsford, NY $117,348 - $151,534 Company Salary Range $133,643 Average Company Salary
Trustees of the Mcs Supplementary Pension Plan Camp Springs, MD $113,280 - $146,290 Company Salary Range $129,023 Average Company Salary
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FAQs About Markel Insurance Co Company

1. How much does Markel Insurance Co in the United States pay?

Markel Insurance Co pays its employees an average of $110,343 per year. The average salary at Markel Insurance Co range from $96,886 to $125,109 per year. Associate Vice President jobs at Markel Insurance Co earn the most with an average annual salary of $373,700, while Mail Associate jobs earn the least with an average annual salary of $37,207.

2. Do Markel Insurance Co employees get a higher salary than other similar companies?

The salary at Markel Insurance Co is lesser than AmTrust Financial. The highest salary package reported for an employee at Markel Insurance Co is $125,109 per year, meanwhile the highest salary package reported for an employee at AmTrust Financial is $169,861 per year.

3. How much does Markel Insurance Co pay compared to AmTrust Financial?

The average annual salary at Markel Insurance Co is $110,343, or an hourly wage of $53, in comparison to AmTrust Financial which pays $149,665 per year or $72 per hour.

4. Which job skills can boost a Lead salary at Markel Insurance Co?

Machine Learning, Algorithms and Python are key to a Lead job at Markel Insurance Co. 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 Markel Insurance Co.

5. What is the lowest salary at Markel Insurance Co?

The lowest paying job at Markel Insurance Co is Mail Associate with an annual salary of $37,207 or an hourly rate of $53.