Masters Insurance Services Salary

As of October 2026, the average annual salary for employees at Masters Insurance Services in the United States is $89,320. This translates to an approximate hourly wage of $43. Salaries at Masters Insurance Services typically range from $78,586 to $100,990 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Masters Insurance Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Masters Insurance Services. Based on our data, the highest paying job is the Department Manager, with an annual salary of $94,572. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Masters Insurance Services’s Pay Competitive? Salary Benchmarking Analysis

How does Masters Insurance Services'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
Peninsula Insurance Services $88,171
-1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
LRG-Loss Recovery Group LLC $84,089
-5.9%
Typical compensation structure for smaller regional agencies like LRG-Loss Recovery Group LLC.
Hutchinson Insurance Agency $84,785
-5.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Academy of Insurance $98,223
+10.0%
Reflects a supply-demand imbalance for the specific talent Academy of Insurance targets.
Insurance Industry $123,858
+38.7%
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.

Employee Reviews: Working at Masters Insurance Services

Considering a career at Masters Insurance Services? 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 hybrid work model allows flexibility without compromising productivity. The company’s emphasis on employee growth stands out. Work-life balance is respected, and the office environment is comfortable. Work flexibility is a plus, with hybrid options available.
I’ve built strong relationships here and feel appreciated for my contributions. The leadership team is transparent and encourages open communication. Satisfied with my job. While there’s room for more innovation, the stability is a plus. Workloads are balanced, and the flexible scheduling is appreciated. Compensation is fair, with opportunities for bonuses. The workload is balanced, and deadlines ...
I’ve had a positive experience working here. The office environment is comfortable, and colleagues are respectful. A rewarding place to build a career in insurance with long-term growth potential.

Masters Insurance Services Overview

Website
www.masters-insurance.com
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
1719 Ardmore Blvd Pittsburgh Pennsylvania PA 15221
Revenue
<$5 Million
Phone Number
+1 4123512448
Social Media
About Masters Insurance Services
Masters Insurance Services specializes in auto, home, business/commercial, and life insurance - selected especially for you. We take the time to learn about your insurance needs. Then we use our knowledge and experience to find competitively priced coverage. Because we're committed to protecting what's important to you. Masters Insurance Services was founded in 1992 in Forest Hills, Pennsylvania.

What Benefits Does Masters Insurance Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Masters Insurance Services 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 Pittsburgh?

Understanding the cost of living near Pittsburgh is key to truly evaluating a salary offer or your current compensation at Masters Insurance Services.
Pittsburgh's Cost of Living Index is approximately 87.5 (12.5% less expensive than US average; 9.9% less than PA average). 'Steel City' revitalization, tech/medical hub, affordable housing. Port Authority bus/light rail. When planning your budget based on a salary from Masters Insurance Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Masters Insurance Services salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $97.50 (Port Authority monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,457 - $3,747+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Masters Insurance Services

1. What is the typical salary range (low to high) for most roles at Masters Insurance Services?

The typical annual salary range for most roles at Masters Insurance Services is approximately from $78,586 to $100,990. 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 Masters Insurance Services pay compared to Peninsula Insurance Services?

The average annual salary at Masters Insurance Services is $89,320, or an hourly wage of $43, in comparison to Peninsula Insurance Services which pays $88,171 per year or $42 per hour.

3. Do salaries differ significantly between departments at Masters Insurance Services?

Yes, salaries often differ between departments at Masters Insurance Services 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 Masters Insurance Services?

Experience level is a significant factor in determining salary at Masters Insurance Services, 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 Masters Insurance Services in Pittsburgh is fair given the local cost of living?

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

6. What factors influence salary increases at Masters Insurance Services?

Salary increases at Masters Insurance Services are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.