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MFE Insurance Brokerage Salary

MFE Insurance Brokerage Salary

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As of September 2026, the average annual salary for employees at MFE Insurance Brokerage in the United States is $100,681. This translates to an approximate hourly wage of $48. Salaries at MFE Insurance Brokerage typically range from $88,584 to $113,842 annually, reflecting the diverse roles and experience levels within the company.

How Much Does MFE Insurance Brokerage Pay for Different Roles?

Explore detailed salary information for specific jobs at MFE Insurance Brokerage. Based on our data, the highest paying job is the Vice President, Sales, with an annual salary of $220,912. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is MFE Insurance Brokerage’s Pay Competitive? Salary Benchmarking Analysis

How does MFE Insurance Brokerage'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
Dick Harris Insurance Agency $97,601
-3.1%
Dick Harris Insurance Agency likely leverages performance bonuses over the high base salary shown here.
Greteman & Associates $84,679
-15.9%
Reflects market rates for standard general contracting, differing from specialized roles.
Stokes Insurance Agency $90,565
-10.0%
Stokes Insurance Agency focuses strategically on recruiting and training entry-level apprentices.
New Insurance Concepts $86,167
-14.4%
Typical compensation structure for smaller regional agencies like New Insurance Concepts.
Insurance Industry $123,858
+23.0%
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 MFE Insurance Brokerage's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at MFE Insurance Brokerage

Considering a career at MFE Insurance Brokerage? 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.
Processes are efficient, and the team is cooperative. The pay is on par with industry averages, and benefits like health insurance and 401(k) matching are solid. I’ve had a wonderful time working at this company. The insurance industry is fast-paced, but the team is supportive.
Commented in April 03, 2025
44
3
Work-life balance is respected, and management is responsive to concerns. The team is collaborative, and morale is generally high. Benefits like remote work and wellness programs add value. The insurance field can be complex, but training is thorough. The team is professional, and workloads are predictable.
Commented in March 23, 2025
15
2
The workload is reasonable, and colleagues are professional. Highly recommend this employer. Colleagues are professional, and teamwork is encouraged. There are occasional training sessions, though more development opportunities would be beneficial. Flexible hours, remote options, and wellness programs make a difference. It’s a reasonable place to gain experience in insurance. While innovation isn’...
Commented in October 14, 2024
31
1

MFE Insurance Brokerage Overview

Website
www.mfeinsurance.com
Founded In
2013
Employees
<25 employees
Industry
Insurance
Headquarter Address
1019 E 4th Pl Los Angeles California CA 90013
Revenue
<$5 Million
Phone Number
+1 2132667990
Social Media
About MFE Insurance Brokerage
MFE Insurance Brokerage is an Independent Insurance Agency from Los Angeles. Our roots began in entertainment insurance and now we've grown to a team providing all lines of coverage. We quote and place insurance through all the top carriers guaranteeing you are getting the most competitive price available.

What Benefits Does MFE Insurance Brokerage Offer Beyond Salary?

A competitive compensation package is more than just a salary. MFE Insurance Brokerage 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 MFE Insurance Brokerage?
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What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at MFE Insurance Brokerage.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from MFE Insurance Brokerage, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of MFE Insurance Brokerage salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MFE Insurance Brokerage

1. What is the estimated average total compensation at MFE Insurance Brokerage?

Salary.com estimates that the average total compensation package at MFE Insurance Brokerage, which can include base salary, potential bonuses, and benefits, is around $100,681 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MFE Insurance Brokerage pay compared to Dick Harris Insurance Agency?

The average annual salary at MFE Insurance Brokerage is $100,681, or an hourly wage of $48, in comparison to Dick Harris Insurance Agency which pays $97,601 per year or $47 per hour.

3. Do salaries differ significantly between departments at MFE Insurance Brokerage?

Yes, salaries often differ between departments at MFE Insurance Brokerage 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 MFE Insurance Brokerage?

Salary progression from an entry-level to a senior role at MFE Insurance Brokerage 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 MFE Insurance Brokerage in Los Angeles is fair given the local cost of living?

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

6. Are promotions at MFE Insurance Brokerage usually accompanied by a significant salary increase?

Yes, promotions at MFE Insurance Brokerage 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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