McCune & Reed Insurance Salary

As of August 2026, the average annual salary for employees at McCune & Reed Insurance in the United States is $85,418. This translates to an approximate hourly wage of $41. Salaries at McCune & Reed Insurance typically range from $75,159 to $96,588 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McCune & Reed Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at McCune & Reed Insurance. Based on our data, the highest paying job is the Personal Lines Producer, with an annual salary of $77,994. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at McCune & Reed Insurance

Ready for your next career move? Explore current job openings at McCune & Reed Insurance. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is McCune & Reed Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does McCune & Reed Insurance'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
My Federal Benefits Inc $89,668
+5.0%
Reflects a supply-demand imbalance for the specific talent My Federal Benefits Inc targets.
Henderson SFIS $111,788
+30.9%
Driven by niche technical certifications required for Henderson SFIS's specialized projects.
Custom Assurance Placements Ltd $82,633
-3.3%
Custom Assurance Placements Ltd likely leverages performance bonuses over the high base salary shown here.
Kapatoes Insurance Services LLC $95,776
+12.1%
Reflects structural premiums typical of Kapatoes Insurance Services LLC's large-cap national operations.
Insurance Industry $123,858
+45.0%
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 McCune & Reed Insurance

Considering a career at McCune & Reed Insurance? 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 office atmosphere is relaxed yet professional. The company operates efficiently, with well-defined roles and responsibilities. I appreciate the recognition for hard work, whether through bonuses or verbal acknowledgment. Standard corporate setup. A great place to grow professionally.
Work-life balance is respected, and remote work options are flexible. I appreciate the flexible work options and supportive management. Coworkers are friendly and always willing to collaborate. The benefits, including health and retirement plans, are outstanding. Strong company values and ethical business practices. A good option for those who prefer a no-frills insurance job. This company stands ...
The leadership team is engaged, and the work environment is collaborative. The company also prioritizes mental health with wellness programs. With thousands of employees, there’s diversity in teams, which enhances creativity. Training programs are thorough, ensuring everyone is well-prepared for their roles.

McCune & Reed Insurance Overview

Website
www.mccuneandreed.com
Founded In
1960
Employees
<25 employees
Industry
Insurance
Headquarter Address
119 N Washington St Ottumwa Iowa IA 52501
Revenue
<$5 Million
Phone Number
+1 6416828027
Social Media
About McCune & Reed Insurance
McCune and Reed Insurance of Ottumwa, Iowa offers a full-line of insurance products including personal insurance, business insurance, life and health insurance, employee benefits insurance, farm insurance, and crop insurance.

What Benefits Does McCune & Reed Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. McCune & Reed Insurance 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at McCune & Reed Insurance.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from McCune & Reed Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of McCune & Reed Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McCune & Reed Insurance

1. What is the average salary for employees at McCune & Reed Insurance?

The average annual total compensation for employees at McCune & Reed Insurance is approximately $85,418. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,159 to $96,588, depending on factors like job role, experience, and location.

2. How much does McCune & Reed Insurance pay compared to My Federal Benefits Inc?

The average annual salary at McCune & Reed Insurance is $85,418, or an hourly wage of $41, in comparison to My Federal Benefits Inc which pays $89,668 per year or $43 per hour.

3. What is the lowest salary at McCune & Reed Insurance?

The lowest-paying job at McCune & Reed Insurance is an Insurance Producer with a salary of $49,961 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 McCune & Reed Insurance?

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 McCune & Reed Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does McCune & Reed Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Des Moines?

While some companies offer formal COLA, many, including potentially McCune & Reed Insurance, 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 McCune & Reed Insurance?

Most companies, likely including McCune & Reed Insurance, 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.