McElveen Insurance Inc Salary

As of August 2026, the average annual salary for employees at McElveen Insurance Inc in the United States is $80,692. This translates to an approximate hourly wage of $39. Salaries at McElveen Insurance Inc typically range from $70,999 to $91,247 annually, reflecting the diverse roles and experience levels within the company.

How Much Does McElveen Insurance Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at McElveen Insurance Inc. Based on our data, the highest paying job is the Bond Manager, with an annual salary of $94,949. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at McElveen Insurance Inc

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

Is McElveen Insurance Inc’s Pay Competitive? Salary Benchmarking Analysis

How does McElveen Insurance Inc'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
Borg Insurance Agency $104,678
+29.7%
Reflects structural premiums typical of Borg Insurance Agency's large-cap national operations.
Leslie Kay's $89,827
+11.3%
Data suggests Leslie Kay's's workforce skews heavily towards veteran, high-tenure roles.
Nationwide Insurance: Fargo Insurance Group Inc $103,919
+28.8%
Adjusted for higher cost-of-living indices in Nationwide Insurance: Fargo Insurance Group Inc's primary metro hubs.
Affiliated Spartan SR-22 Insurance Group $89,331
+10.7%
Supported by Affiliated Spartan SR-22 Insurance Group's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+53.5%
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 McElveen Insurance Inc

Considering a career at McElveen Insurance Inc? 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.
Competitive pay and good benefits. Enjoy the company events. The company maintains a steady work environment, making it a reliable place for employment. While the role may not be highly dynamic, it offers consistency and industry-standard benefits.
The insurance products are reputable, adding credibility to daily tasks. I appreciate the emphasis on teamwork and professional development. Colleagues are collaborative, and the company invests in employee development through training programs.
The culture is inclusive, and teamwork is highly valued. I enjoy working here—the team is knowledgeable and always willing to help. I’d recommend it to anyone looking for growth in this field. This company values its employees and provides meaningful development opportunities. Compensation is competitive, and there are opportunities for advancement. A great environment for long-term career develop...

McElveen Insurance Inc Overview

Website
www.mcelveenins.com
Founded In
2014
Employees
<25 employees
Industry
Insurance
Headquarter Address
700 W Prien Lake Rd Lake Charles Louisiana LA 70601
Revenue
<$5 Million
Phone Number
+1 3374757441
Social Media
About McElveen Insurance Inc
At the McElveen Insurance, we are committed to providing you with outstanding claim service. If you have a loss involving your automobile, home, or business, we are here for you, and are committed to handling your claim quickly and efficiently. If another party is responsible for your loss we have provided the following list of insurance carriers which will allow you to file a claim by phone or on

What Benefits Does McElveen Insurance Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. McElveen Insurance Inc 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)
Work at McElveen Insurance Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Lake Charles?

Understanding the cost of living near Lake Charles is key to truly evaluating a salary offer or your current compensation at McElveen Insurance Inc.
Lake Charles' Cost of Living Index is approximately 84.2 (15.8% less expensive than US average; 9.5% less than LA average). SW LA city, petrochemicals, casinos, affordable. LCTS bus. When planning your budget based on a salary from McElveen Insurance Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of McElveen Insurance Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (LCTS 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 $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,015 - $3,235+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of McElveen Insurance Inc

1. How much does McElveen Insurance Inc in the United States pay?

McElveen Insurance Inc pays its employees an average of $80,692 per year. The average salary at McElveen Insurance Inc range from $70,999 to $91,247 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. Do McElveen Insurance Inc employees get a higher salary than its peer company?

The salary at McElveen Insurance Inc is lesser than its peer company. The average annual salary at McElveen Insurance Inc is $80,692, or an hourly wage of $39, in comparison to Borg Insurance Agency which pays $104,678 per year or $50 per hour.

3. What are the highest paying jobs at McElveen Insurance Inc?

The higher-paying job at McElveen Insurance Inc, according to our data, include Bond Manager (avg. $94,949 per year), Manager, Accounting (avg. $91,294 per year), and Client Service Manager (avg. $73,941 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at McElveen Insurance Inc?

Salary progression with years of experience at McElveen Insurance Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at McElveen Insurance Inc vary by office location?

Yes, it's very likely that salaries at McElveen Insurance Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Lake Charles section provides more context.

6. Does McElveen Insurance Inc offer good benefits?

McElveen Insurance Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at McElveen Insurance Inc" section on this page.