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MedChoice Risk Retention Group Salary

MedChoice Risk Retention Group Salary

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As of August 2026, the average annual salary for employees at MedChoice Risk Retention Group in the United States is $99,225. This translates to an approximate hourly wage of $48. Salaries at MedChoice Risk Retention Group typically range from $87,017 to $112,489 annually, reflecting the diverse roles and experience levels within the company.
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Is MedChoice Risk Retention Group’s Pay Competitive? Salary Benchmarking Analysis

How does MedChoice Risk Retention Group'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
Financial Telesis $102,822
+3.6%
Adjusted for higher cost-of-living indices in Financial Telesis's primary metro hubs.
Strategic Wealth Partners Ltd $91,177
-8.1%
Strategic Wealth Partners Ltd operates with a leaner overhead structure, impacting base wage offers.
Transworld Accrediting Commission International Inc $96,630
-2.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Wrenne Mortgage Realty Company Inc $85,755
-13.6%
Normalized for lower cost-of-living zones where Wrenne Mortgage Realty Company Inc primarily operates.
Financial Services Industry $121,514
+22.5%
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.

How MedChoice Risk Retention Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MedChoice Risk Retention Group

Considering a career at MedChoice Risk Retention Group? 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 supportive and encourage professional development. While that suits the industry, it sometimes limits experimentation. Office environment promotes productivity and comfort. It feels good to know you’re not stuck in one path. Culture is formal and sometimes rigid. Everyone here holds themselves to a high standard. Collaborative atmosphere and open dialogue. Training programs are freque...
Commented in April 28, 2025
9
0
The collaborative spirit here is unmatched. Working with skilled peers elevates everyone's performance. Overall, this organization offers a fulfilling career path in financial services with opportunities to grow and develop professionally. Job security and company stability make this an excellent place for long-term careers. Everyone feels welcome and valued for their unique perspectives and contr...
Commented in March 15, 2025
25
3
What stands out is the mutual respect among colleagues at all levels. The onboarding process was excellent. Focus on compliance sometimes no innovation.
Commented in August 31, 2024
50
1
I've appreciated the supportive leadership and ample learning opportunities. The environment is inclusive and diverse, which enriches teamwork and innovation. Communication is consistent, though mostly top-down.
Commented in March 22, 2024
34
2

MedChoice Risk Retention Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
PO Box 84453 Seattle Washington WA 98124
Revenue
<$5 Million
Phone Number
-
Social Media
About MedChoice Risk Retention Group
MedChoice Risk Retention Group is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Seattle, Washington.

What Benefits Does MedChoice Risk Retention Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. MedChoice Risk Retention Group 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 Seattle?

Understanding the cost of living near Seattle is key to truly evaluating a salary offer or your current compensation at MedChoice Risk Retention Group.
Seattle's Cost of Living Index is approximately 152.7 (52.7% more expensive than US average; 36.8% more than WA average). Major tech hub (Amazon, Microsoft nearby), extremely high housing costs. King County Metro, Sound Transit. When planning your budget based on a salary from MedChoice Risk Retention Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $3,000+ A significant portion of MedChoice Risk Retention Group salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,709 - $5,779+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MedChoice Risk Retention Group

1. What is the average salary for employees at MedChoice Risk Retention Group?

The average annual total compensation for employees at MedChoice Risk Retention Group is approximately $99,225. However, this is an aggregate figure, actual salaries can range significantly, typically from $87,017 to $112,489, depending on factors like job role, experience, and location.

2. How much does MedChoice Risk Retention Group pay compared to Financial Telesis?

The average annual salary at MedChoice Risk Retention Group is $99,225, or an hourly wage of $48, in comparison to Financial Telesis which pays $102,822 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at MedChoice Risk Retention Group?

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 MedChoice Risk Retention Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does MedChoice Risk Retention Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Seattle?

While some companies offer formal COLA, many, including potentially MedChoice Risk Retention Group, 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.

5. What's the typical process for salary reviews and raises at MedChoice Risk Retention Group?

Most companies, likely including MedChoice Risk Retention Group, 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.

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