Commercial Analyst Salary at Mcgriff Insurance Services Inc BETA

How much does a Mcgriff Insurance Services Inc Commercial Analyst make?

As of December 2024, the average annual salary for a Commercial Analyst at Mcgriff Insurance Services Inc is $89,223, which translates to approximately $43 per hour. Salaries for Commercial Analyst at Mcgriff Insurance Services Inc typically range from $81,263 to $96,888, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

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.

McGriff Insurance Services Inc Overview

Website:
mcgriffinsurance.com
Size:
200 - 500 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Founded in 1922 and headquartered in Raleigh, North Carolina, McGriff Insurance Services is a subsidiary of Truist Insurance Holdings, Inc., that provide consultative risk management services offering coverage for personal, small business, corporate, employee benefits, and life and health.

See similar companies related to Mcgriff Insurance Services Inc

What Skills Does a person Need at Mcgriff Insurance Services Inc?

At Mcgriff Insurance Services Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  3. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
  4. Financial Analysis: Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable). Financial statement analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. It is used by a variety of stakeholders, such as credit and equity investors, the government, the public, and decision-makers within the organization. These stakeholders have different interests and apply a variety of different techniques to meet their needs. For example, equity investors are interested in the long-term earnings power of the organization and perhaps the sustainability and growth of dividend payments. Creditors want to ensure the interest and principal is paid on the organizations debt securities (e.g., bonds) when due.
  5. Budgeting: Applying specific policies, tools and practices to plan and prepare projected revenues, expenses, cash flows, and capital expenditures.

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Check more jobs information at Mcgriff Insurance Services Inc

Job Title Average Mcgriff Insurance Services Inc Salary Hourly Rate
2 Account Coordinator $96,339 $46
3 Account Manager, Commercial Insurance $96,339 $46
4 Account Manager, Employee Benefits $112,423 $54
5 Account Manager, Property & Casualty $120,806 $58
6 Account Manager, Transportation $96,109 $46
7 Assistant Vice President $58,436 $28
8 Benefits Account Coordinator $45,727 $22
9 Benefits Analyst $67,989 $33
10 Client Service Agent $39,700 $19
11 Commercial Account Manager $73,652 $35
12 Customer Service Representative III $46,292 $22
13 Insurance Broker $84,199 $40

Hourly Pay at Mcgriff Insurance Services Inc

The average hourly pay at Mcgriff Insurance Services Inc for a Commercial Analyst is $43 per hour. The location, department, and job description all have an impact on the typical compensation for Mcgriff Insurance Services Inc positions. The pay range and total remuneration for the job title are shown in the table below. Mcgriff Insurance Services Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $89,223 look to you?

FAQ about Salary and Jobs at Mcgriff Insurance Services Inc

1. How much does Mcgriff Insurance Services Inc pay per hour?
The average hourly pay is $43. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mcgriff Insurance Services Inc?
According to the data, the highest approximate salary is about $96,888 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mcgriff Insurance Services Inc?
According to the data, the lowest estimated salary is about $81,263 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.