MedBen University Salary

MedBen University Salary

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As of August 2026, the average annual salary for employees at MedBen University in the United States is $95,755. This translates to an approximate hourly wage of $46. Salaries at MedBen University typically range from $84,204 to $108,367 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at MedBen University

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

Is MedBen University’s Pay Competitive? Salary Benchmarking Analysis

How does MedBen University'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
Benistar Admin Services Inc $104,119
+8.7%
Data suggests Benistar Admin Services Inc's workforce skews heavily towards veteran, high-tenure roles.
SeibertKeck Insurance Agency Inc $93,824
-2.0%
Suggests SeibertKeck Insurance Agency Inc utilizes a highly similar base-plus-benefits compensation model.
Nationwide Retirement Plans Solutions Center $96,989
+1.3%
Indicates identical technical requirements and experience levels between the two firms.
WA Insurance Group $90,544
-5.4%
Normalized for lower cost-of-living zones where WA Insurance Group primarily operates.
Insurance Industry $123,858
+29.3%
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.

How MedBen University's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at MedBen University. Click a company name to learn more.

Employee Reviews: Working at MedBen University

Considering a career at MedBen University? 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.
Managers are fair and provide clear guidance, which helps in meeting targets efficiently. I highly recommend this employer. The workplace is structured, and expectations are clear. The company offers great learning opportunities in the insurance sector.
Commented in February 16, 2025
36
0
Colleagues are competent, though interactions are minimal. Benefits like health coverage and bonuses are excellent. Compensation is competitive, and bonuses are achievable. Leadership communicates goals clearly, though more feedback sessions would help.
Commented in January 03, 2025
22
1
For a fulfilling career in insurance, this is an excellent choice. Leadership is transparent, and the team is collaborative. Colleagues are professional, though more team-building activities would enhance collaboration. Benefits are standard for the industry, and the office space is comfortable. It’s a reliable employer, though not the most dynamic in terms of innovation. The training programs are...
Commented in December 11, 2024
41
1
I highly recommend this company to anyone looking for stability and growth in insurance. It’s a reliable place to work if you value stability in insurance. A standout employer.
Commented in March 23, 2024
47
0

MedBen University Overview

Website
www.medben.com
Founded In
1938
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
1975 Tamarack Rd Newark Ohio OH 43055
Revenue
$10 Million - $50 Million
Phone Number
+1 7405227464
Social Media
About MedBen University
MedBen has been a leader in benefits management since 1938, and is a Third Party Administrator that delivers total pricing transparency and innovative benefit management solutions for self-funded health plans.

What Benefits Does MedBen University Offer Beyond Salary?

A competitive compensation package is more than just a salary. MedBen University 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 MedBen University?
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What Is the Cost of Living Near Newark?

Understanding the cost of living near Newark is key to truly evaluating a salary offer or your current compensation at MedBen University.
Newark's Cost of Living Index is approximately 81.3 (18.7% less expensive than US average; 10.5% less than OH average). Central OH city (Licking Co.), affordable. Licking County Transit. When planning your budget based on a salary from MedBen University, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of MedBen University salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,860 - $3,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MedBen University

1. What is the estimated average total compensation at MedBen University?

Salary.com estimates that the average total compensation package at MedBen University, which can include base salary, potential bonuses, and benefits, is around $95,755 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MedBen University pay compared to Benistar Admin Services Inc?

The average annual salary at MedBen University is $95,755, or an hourly wage of $46, in comparison to Benistar Admin Services Inc which pays $104,119 per year or $50 per hour.

3. Do salaries differ significantly between departments at MedBen University?

Yes, salaries often differ between departments at MedBen University 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at MedBen University?

Salary progression from an entry-level to a senior role at MedBen University can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from MedBen University in Newark is fair given the local cost of living?

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

6. Are promotions at MedBen University usually accompanied by a significant salary increase?

Yes, promotions at MedBen University are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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