Merrimac Marine Insurance LLC Salary

How Much Does Merrimac Marine Insurance LLC Pay?BETA

As of March 2025, the average annual salary for employees at Merrimac Marine Insurance LLC in the United States is $80,217. This translates to an approximate hourly wage of $39. Salaries at Merrimac Marine Insurance LLC typically range from $70,568 to $90,710 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Merrimac Marine Insurance LLC, A Commercial Account Executive is among the highest earners, with an average salary of approximately $197,737 per year. Conversely, the lowest-paid position is Commercial Account Representative, earning around $32,320 annually. Explore this page further for more salary and benefits information at Merrimac Marine Insurance LLC.

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.

How Much Does Merrimac Marine Insurance LLC Pay for Different Roles?BETA

At Merrimac Marine Insurance LLC, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, Commercial Account Executive positions at Merrimac Marine Insurance LLC offer the highest average annual salary of $197,737, while Commercial Account Representative roles have an average annual salary of $32,320.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
Commercial Account Executive $169,862 - $223,921 $197,737 Merrimac Marine Insurance LLC
Controller $158,276 - $213,280 $185,862 Merrimac Marine Insurance LLC
Account Executive $52,121 - $62,849 $56,289 Merrimac Marine Insurance LLC
Commercial Account Representative $29,391 - $35,862 $32,320 Merrimac Marine Insurance LLC
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.
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Merrimac Marine Insurance LLC Overview

Website:
merrimacins.com
Size:
<25 Employees
Industry:
Insurance
Revenue:
$10M - $50M
About:
Founded in the mid 1990's, Merrimac Marine Insurance is a full service policy provider for marine vehicles. Merrimac offers insurance for commercial and recreational marine vehicles as well as policies for surveyors and repairers. Merrimac Marine Insurance is located out of Maitland, Florida.

Most Common Benefits for Merrimac Marine Insurance LLC

Aside from the base salary, Merrimac Marine Insurance LLC offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Merrimac Marine Insurance LLC

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Merrimac Marine Insurance LLC ’s peer companies.
Citadel Risk Services Inc Fairfield, NJ $94,137 - $121,000 Company Salary Range $106,999 Average Company Salary
Baldwin Risk Partners Tampa, FL $77,313 - $99,356 Company Salary Range $87,875 Average Company Salary
Maison Insurance Co Sunrise, FL $78,916 - $101,417 Company Salary Range $89,700 Average Company Salary
Red Fern Casualty Boca Raton, FL $78,376 - $100,722 Company Salary Range $89,088 Average Company Salary
Casualty Systems Inc Miami, FL $78,449 - $100,807 Company Salary Range $89,162 Average Company Salary
Aspen Managing General Agency Flower Mound, TX $79,402 - $102,039 Company Salary Range $90,249 Average Company Salary
Diamond Specialty Franklin, TN $75,315 - $96,783 Company Salary Range $85,597 Average Company Salary
Independent Mutual Fire Insurance Co Hunt Valley, MD $81,940 - $105,307 Company Salary Range $93,128 Average Company Salary
Alliance Mutual Insurance Co East Greenwich, RI $84,955 - $109,172 Company Salary Range $96,556 Average Company Salary
See more companies

FAQs About Merrimac Marine Insurance LLC Company

1. How much does Merrimac Marine Insurance LLC in the United States pay?

Merrimac Marine Insurance LLC pays its employees an average of $80,217 per year. The average salary at Merrimac Marine Insurance LLC range from $70,568 to $90,710 per year. Commercial Account Executive jobs at Merrimac Marine Insurance LLC earn the most with an average annual salary of $197,737, while Commercial Account Representative jobs earn the least with an average annual salary of $32,320.

2. Do Merrimac Marine Insurance LLC employees get a higher salary than other similar companies?

The salary at Merrimac Marine Insurance LLC is lesser than Citadel Risk Services Inc. The highest salary package reported for an employee at Merrimac Marine Insurance LLC is $90,710 per year, meanwhile the highest salary package reported for an employee at Citadel Risk Services Inc is $121,000 per year.

3. How much does Merrimac Marine Insurance LLC pay compared to Citadel Risk Services Inc?

The average annual salary at Merrimac Marine Insurance LLC is $80,217, or an hourly wage of $39, in comparison to Citadel Risk Services Inc which pays $106,999 per year or $51 per hour.

4. Which job skills can boost an Account Executive salary at Merrimac Marine Insurance LLC?

Presentation, Prospecting and Customer Service are key to an Account Executive job at Merrimac Marine Insurance LLC. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Merrimac Marine Insurance LLC.

5. What is the lowest salary at Merrimac Marine Insurance LLC?

The lowest paying job at Merrimac Marine Insurance LLC is Commercial Account Representative with an annual salary of $32,320 or an hourly rate of $39.