Merit Insurance Services Inc Salary

As of August 2026, the average annual salary for employees at Merit Insurance Services Inc in the United States is $87,991. This translates to an approximate hourly wage of $42. Salaries at Merit Insurance Services Inc typically range from $77,423 to $99,490 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Merit Insurance Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Merit Insurance Services Inc. Based on our data, the highest paying job is the Controller, with an annual salary of $203,874. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Merit Insurance Services Inc

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

Is Merit Insurance Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Merit Insurance Services 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
Farmer Insurance $86,546
-1.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Manzi Insurance $99,657
+13.3%
Adjusted for higher cost-of-living indices in Manzi Insurance's primary metro hubs.
Assuralliance LLP $95,807
+8.9%
Data suggests Assuralliance LLP's workforce skews heavily towards veteran, high-tenure roles.
Affordable Insurance Network $95,702
+8.8%
Reflects a supply-demand imbalance for the specific talent Affordable Insurance Network targets.
Insurance Industry $123,858
+40.8%
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 Merit Insurance Services Inc

Considering a career at Merit Insurance Services 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.
I’ve had a fantastic experience working here. I’ve built strong relationships here and feel appreciated for my contributions. Competitive pay and good benefits. Benefits are top-notch, including strong retirement plans. I’ve been with this insurance firm for over two years, and it’s been a fantastic journey. Colleagues are always willing to help, creating a strong team dynamic. The insurance field...
The work-life balance is reasonable, and the office culture is collaborative. Colleagues are professional, though interdepartmental communication could be more streamlined. Management is fair, and workloads are balanced. It’s A company with reasonable expectations, making it a dependable choice for professionals in insurance. The work-life balance is respected, and flexible scheduling options are ...
Engaging projects, never monotonous. The benefits package is competitive, including health coverage, retirement plans, and wellness programs. Great workplace with a focus on employee well-being. The office is well-maintained, and remote work options are a plus. Stable job with routine tasks.

Merit Insurance Services Inc Overview

Website
www.merit-ins.com
Founded In
1936
Employees
<25 employees
Industry
Insurance
Headquarter Address
1125 Legacy Dr Frisco Texas TX 75034
Revenue
<$5 Million
Phone Number
+1 2146185101
Social Media
About Merit Insurance Services Inc
The History of Merit Insurance Services, Inc. Merit Insurance Services, Inc. is a premier consultative insurance broker, providing insurance and risk management services to a diverse group of commercial clients. We combine our national brokerage expertise with the customer service of an independent agent to provide creative solutions for your business. Though Merit Insurance Services, Inc. has acc

What Benefits Does Merit Insurance Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Merit Insurance Services 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)
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What Is the Cost of Living Near Frisco?

Understanding the cost of living near Frisco is key to truly evaluating a salary offer or your current compensation at Merit Insurance Services Inc.
Frisco's Cost of Living Index is approximately 116.8 (16.8% more expensive than US average; 25.6% more than TX average). Affluent Dallas suburb, rapid growth, 'Sports City USA', very high housing costs. Limited local transit. When planning your budget based on a salary from Merit Insurance Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Merit Insurance Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,030+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Merit Insurance Services Inc

1. What is the typical salary range (low to high) for most roles at Merit Insurance Services Inc?

The typical annual salary range for most roles at Merit Insurance Services Inc is approximately from $77,423 to $99,490. 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. How much does Merit Insurance Services Inc pay compared to Farmer Insurance?

The average annual salary at Merit Insurance Services Inc is $87,991, or an hourly wage of $42, in comparison to Farmer Insurance which pays $86,546 per year or $42 per hour.

3. Do salaries differ significantly between departments at Merit Insurance Services Inc?

Yes, salaries often differ between departments at Merit Insurance Services Inc 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. How does experience level affect salary at Merit Insurance Services Inc?

Experience level is a significant factor in determining salary at Merit Insurance Services Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Merit Insurance Services Inc in Frisco is fair given the local cost of living?

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

6. Are the salaries listed for Merit Insurance Services Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Merit Insurance Services Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.