Michael Li Insurance Salary

As of August 2026, the average annual salary for employees at Michael Li Insurance in the United States is $115,237. This translates to an approximate hourly wage of $55. Salaries at Michael Li Insurance typically range from $101,376 to $130,341 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Michael Li Insurance

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Is Michael Li Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Michael Li 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
Risk Management Partners Inc $80,861
-29.8%
Normalized for lower cost-of-living zones where Risk Management Partners Inc primarily operates.
ProVest Insurance Group $89,289
-22.5%
ProVest Insurance Group focuses strategically on recruiting and training entry-level apprentices.
Bill Pancake Insurance Agency Inc $84,827
-26.4%
Reflects market rates for standard general contracting, differing from specialized roles.
Hamby Fotheringham Agency $87,105
-24.4%
Hamby Fotheringham Agency may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+7.5%
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.

Employee Reviews: Working at Michael Li Insurance

Considering a career at Michael Li 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.
It is dynamic, it’s a reliable employer with reasonable expectations. It’s a great employer for anyone in the insurance sector. The company also engages in community initiatives, which adds to its positive reputation. Team collaboration is a key strength.
Management is supportive, and career advancement is possible. The insurance sector is challenging, but the team is knowledgeable and helpful. The company provides a supportive environment where employees can thrive. The company provides the necessary tools to perform tasks efficiently. It’s a reliable employer, though more team-building activities would improve engagement. I’ve developed valuable ...
Teams work well together, and management is always open to new ideas. Flexible hours and remote options add to the job satisfaction. Steady job with fair compensation. The company also supports community initiatives, which adds to its positive reputation.

Michael Li Insurance Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Location
SAN FRANCISCO
Revenue
<$5 Million
Phone Number
-
Social Media
About Michael Li Insurance
Michael Li Insurance 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 San Francisco, California.

What Benefits Does Michael Li Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Michael Li 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 San Francisco?

Understanding the cost of living near San Francisco is key to truly evaluating a salary offer or your current compensation at Michael Li Insurance.
San Francisco's Cost of Living Index is approximately 243.5 (143.5% more expensive than US average; 74.2% more than CA average). One of the most expensive cities globally, extreme housing costs, high transportation, and very high prices for all goods/services. When planning your budget based on a salary from Michael Li Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,200 - $5,000+ A significant portion of Michael Li Insurance salary. Location choices impact this heavily.
Utilities (Basic) $200 - $320 Electricity, Heating, Cooling, Water etc.
Public Transportation $81 (Muni Monthly Pass 'M') Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $850 Can be higher with more dining out or specialty stores.
Personal & Leisure $600 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,081 - $8,221+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Michael Li Insurance

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

The typical annual salary range for most roles at Michael Li Insurance is approximately from $101,376 to $130,341. 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 Michael Li Insurance pay compared to Risk Management Partners Inc?

The average annual salary at Michael Li Insurance is $115,237, or an hourly wage of $55, in comparison to Risk Management Partners Inc which pays $80,861 per year or $39 per hour.

3. How does experience level affect salary at Michael Li Insurance?

Experience level is a significant factor in determining salary at Michael Li 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.

4. How can I determine if a salary offer from Michael Li Insurance in San Francisco is fair given the local cost of living?

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

5. Are the salaries listed for Michael Li Insurance on Salary.com pre-tax or after-tax?

All salary figures displayed for Michael Li Insurance, 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.