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Merriam Insurance Salary

Merriam Insurance Salary

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As of September 2026, the average annual salary for employees at Merriam Insurance in the United States is $91,272. This translates to an approximate hourly wage of $44. Salaries at Merriam Insurance typically range from $80,309 to $103,197 annually, reflecting the diverse roles and experience levels within the company.
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Is Merriam Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Merriam Insurance'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
Nreg-adm LLC $81,336
-10.9%
Typical compensation structure for smaller regional agencies like Nreg-adm LLC.
Slice Labs Inc $110,638
+21.2%
Influenced by prevailing union wage agreements specific to Slice Labs Inc's sector.
Allan Block Insurance $105,206
+15.3%
Driven by niche technical certifications required for Allan Block Insurance's specialized projects.
Onecap Services LLC $108,497
+18.9%
Adjusted for higher cost-of-living indices in Onecap Services LLC's primary metro hubs.
Insurance Industry $123,858
+35.7%
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 Merriam Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Merriam Insurance

Considering a career at Merriam Insurance? 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.
The company invests in technology, making daily tasks more efficient. My experience at this company has been decent. This company truly invests in its employees. Leadership truly values employees. It’s a reliable employer, though more team-building activities would improve engagement.
Commented in February 09, 2025
12
2
The work environment is dynamic yet supportive. Company values work-life harmony. I appreciate the company’s commitment to employee well-being and professional growth. Training programs are thorough, and there’s a strong emphasis on teamwork. This insurance company is a great place to work, especially for those looking to grow in the industry. Managers are approachable and provide constructive fee...
Commented in November 22, 2024
23
1
The leadership team is inspiring, and the work environment is inclusive. The company culture promotes collaboration and innovation in the insurance space. A top employer in the insurance sector. Management maintains a structured workflow.
Commented in January 29, 2024
9
0

Merriam Insurance Overview

Website
www.merriaminsurance.com
Founded In
1895
Employees
<25 employees
Industry
Insurance
Headquarter Address
376 Broadway Schenectady New York NY 12305
Revenue
$5 Million - $10 Million
Phone Number
+1 5183460996
Social Media
About Merriam Insurance
Merriam Insurance is a national full-service insurance agency providing risk management and insurance expertise. From personal to commercial, for-profits and not-for-profits, Merriam Insurance has been providing protection for the financial needs of clients since 1895. Merriam Insurance is nationally recognized and awarded for great service, timely education, right-sized policies and clear communi

What Benefits Does Merriam Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Merriam Insurance 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 Schenectady?

Understanding the cost of living near Schenectady is key to truly evaluating a salary offer or your current compensation at Merriam Insurance.
Schenectady's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 28.2% less than NY average). Capital District city, affordable housing. CDTA bus. When planning your budget based on a salary from Merriam Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Merriam Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (CDTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,335 - $3,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Merriam Insurance

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

The typical annual salary range for most roles at Merriam Insurance is approximately from $80,309 to $103,197. 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 Merriam Insurance pay compared to Nreg-adm LLC?

The average annual salary at Merriam Insurance is $91,272, or an hourly wage of $44, in comparison to Nreg-adm LLC which pays $81,336 per year or $39 per hour.

3. Do salaries differ significantly between departments at Merriam Insurance?

Yes, salaries often differ between departments at Merriam Insurance 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 Merriam Insurance?

Experience level is a significant factor in determining salary at Merriam Insurance, 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 Merriam Insurance in Schenectady is fair given the local cost of living?

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

6. What factors influence salary increases at Merriam Insurance?

Salary increases at Merriam Insurance are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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