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Millennial Insurance Group Salary

Millennial Insurance Group Salary

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As of October 2026, the average annual salary for employees at Millennial Insurance Group in the United States is $107,178. This translates to an approximate hourly wage of $52. Salaries at Millennial Insurance Group typically range from $94,256 to $121,268 annually, reflecting the diverse roles and experience levels within the company.
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Is Millennial Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Millennial Insurance Group'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
AmTrust Group of Insurance Carriers $107,357
+0.2%
Indicates identical technical requirements and experience levels between the two firms.
CM SR22 Insurance Group $104,330
-2.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Westpoint Insurance Group $104,446
-2.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Everest Insurance Group Inc $108,560
+1.3%
Suggests Everest Insurance Group Inc utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+15.6%
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 Millennial Insurance Group's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Millennial Insurance Group

Considering a career at Millennial Insurance Group? 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.
Team meetings are productive, and feedback is always constructive. Team collaboration is a key strength. The team is competent, and communication is efficient. It’s a good fit for those who prefer a low-drama workplace in the insurance sector. The training programs are well-structured, making onboarding smooth.
Commented in May 04, 2025
36
0
The office space is bright and ergonomic, making it a pleasant place to work. While the benefits are standard, they meet industry expectations. Work-life balance is respected, and the office environment is comfortable. For those seeking a predictable career path in insurance, this company offers a solid foundation. The company emphasizes professional development, offering workshops and certificati...
Commented in February 13, 2025
48
0
My role here has been consistent and straightforward. Processes are efficient, and the company maintains a professional atmosphere. I’ve grown significantly since joining this company.
Commented in January 11, 2024
10
0

Millennial Insurance Group Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
7100 Balboa Blvd Van Nuys California CA 91406
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Millennial Insurance Group
Millennial Insurance Group is a company that operates in the Insurance industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Van Nuys, California.

What Benefits Does Millennial Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Millennial Insurance Group 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Millennial Insurance Group.
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 Millennial Insurance Group, 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 Millennial Insurance Group 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 Millennial Insurance Group

1. What is the average salary for employees at Millennial Insurance Group?

The average annual total compensation for employees at Millennial Insurance Group is approximately $107,178. However, this is an aggregate figure, actual salaries can range significantly, typically from $94,256 to $121,268, depending on factors like job role, experience, and location.

2. How much does Millennial Insurance Group pay compared to AmTrust Group of Insurance Carriers?

The average annual salary at Millennial Insurance Group is $107,178, or an hourly wage of $52, in comparison to AmTrust Group of Insurance Carriers which pays $107,357 per year or $52 per hour.

3. How does having a professional certification impact salary for relevant roles at Millennial Insurance Group?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Millennial Insurance Group for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Millennial Insurance Group offer cost-of-living adjustments (COLA) for employees in high-cost areas like Los Angeles?

While some companies offer formal COLA, many, including potentially Millennial Insurance Group, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Millennial Insurance Group?

Most companies, likely including Millennial Insurance Group, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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