MONY Life Insurance Co Salary

As of October 2026, the average annual salary for employees at MONY Life Insurance Co in the United States is $91,472. This translates to an approximate hourly wage of $44. Salaries at MONY Life Insurance Co typically range from $80,456 to $103,477 annually, reflecting the diverse roles and experience levels within the company.
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Is MONY Life Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does MONY Life Insurance Co'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
Monumental Life Insurance $90,143
-1.5%
Confirms Monumental Life Insurance is a direct competitor vying for the exact same talent pool.
Imperial Life And Annuity Services LLC $97,031
+6.1%
Reflects structural premiums typical of Imperial Life And Annuity Services LLC's large-cap national operations.
Penn Life Insurance Co $106,471
+16.4%
Adjusted for higher cost-of-living indices in Penn Life Insurance Co's primary metro hubs.
Covenant - Provindent Mutual Life Insurance $99,098
+8.3%
Influenced by prevailing union wage agreements specific to Covenant - Provindent Mutual Life Insurance's sector.
Insurance Industry $123,858
+35.4%
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 MONY Life Insurance Co

Considering a career at MONY Life Insurance Co? 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.
I’d recommend it to anyone seeking a stable yet progressive career. The insurance industry is complex, but the training programs here are thorough, and managers are always available to guide you. The office culture is inclusive, and there’s a strong focus on employee well-being. The insurance products are competitive, making client interactions smooth. I’ve had a positive experience working here, ...
Work processes are streamlined, and teams are cooperative. The onboarding process was thorough, and ongoing training keeps skills sharp. The benefits are comprehensive, including wellness incentives. The benefits are excellent, including strong retirement plans and health coverage. The company’s commitment to employee development is impressive. The workload is predictable, which helps with plannin...
The insurance products are high-quality, and client interactions are rewarding. Compensation is competitive, and the company offers flexible work arrangements when needed. The company offers great learning opportunities and encourages skill development. This company provides a dynamic and engaging work environment.

MONY Life Insurance Co Overview

Website
Data pending, update soon.
Founded In
1869
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
603 S College St Morganton North Carolina NC 28655
Revenue
$10 Million - $50 Million
Phone Number
+1 8284375065
Social Media
About MONY Life Insurance Co
MONY Life Insurance Co is a company that operates in the Insurance industry. It employs 21-50 people and has $25M-$50M of revenue. The company is headquartered in Morganton, North Carolina.

What Benefits Does MONY Life Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. MONY Life Insurance Co 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 Charlotte?

Understanding the cost of living near Charlotte is key to truly evaluating a salary offer or your current compensation at MONY Life Insurance Co.
Charlotte's Cost of Living Index is approximately 98.9 (1.1% less expensive than US average; 3.0% more than NC average). Major financial hub, growing, housing near US avg. CATS bus/Light Rail. When planning your budget based on a salary from MONY Life Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of MONY Life Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $88 (CATS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,698 - $4,148+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of MONY Life Insurance Co

1. What is the estimated average total compensation at MONY Life Insurance Co?

Salary.com estimates that the average total compensation package at MONY Life Insurance Co, which can include base salary, potential bonuses, and benefits, is around $91,472 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does MONY Life Insurance Co pay compared to Monumental Life Insurance?

The average annual salary at MONY Life Insurance Co is $91,472, or an hourly wage of $44, in comparison to Monumental Life Insurance which pays $90,143 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at MONY Life Insurance Co?

Salary progression from an entry-level to a senior role at MONY Life Insurance Co 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.

4. How can I determine if a salary offer from MONY Life Insurance Co in Charlotte is fair given the local cost of living?

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

5. Are promotions at MONY Life Insurance Co usually accompanied by a significant salary increase?

Yes, promotions at MONY Life Insurance Co 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.