Murray & MacDonald Insurance Services Inc Salary

As of October 2026, the average annual salary for employees at Murray & MacDonald Insurance Services Inc in the United States is $97,970. This translates to an approximate hourly wage of $47. Salaries at Murray & MacDonald Insurance Services Inc typically range from $86,192 to $110,794 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Murray & MacDonald Insurance Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Murray & MacDonald Insurance Services Inc. Based on our data, the highest paying job is the Managing Director, with an annual salary of $758,372. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Murray & MacDonald Insurance Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Murray & MacDonald Insurance Services Inc'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
Scott Cameron Insurance Agency Inc $84,774
-13.5%
Scott Cameron Insurance Agency Inc likely leverages performance bonuses over the high base salary shown here.
Insurance Board of Northern Ohio $92,295
-5.8%
Insurance Board of Northern Ohio operates with a leaner overhead structure, impacting base wage offers.
1891 Financial Life $97,516
-0.5%
Suggests 1891 Financial Life utilizes a highly similar base-plus-benefits compensation model.
WAFD Insurance Group Inc $94,478
-3.6%
Normalized for lower cost-of-living zones where WAFD Insurance Group Inc primarily operates.
Insurance Industry $123,858
+26.4%
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 Murray & MacDonald Insurance Services Inc

Considering a career at Murray & MacDonald Insurance Services Inc? 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.
Workload is manageable. I’m pleased with my experience at this company. Flexible work arrangements are available, which is a huge benefit. Employee recognition programs are motivating, and benefits are solid.
While not the most exciting workplace, it’s a dependable option for insurance professionals. There’s not much flexibility in roles, but the stability makes up for it. Leadership fosters a culture of respect and innovation. The benefits, including retirement plans, are competitive. It’s a reliable employer with standard corporate perks—good for those who prefer consistency.
Managers are supportive and provide the resources needed to succeed. It is innovative, it’s a reliable place to work with steady growth opportunities. Career advancement opportunities exist for those willing to take initiative. I’ve had a great experience here. The organization runs smoothly with well-defined processes. Training programs are available, though more specialization options would be ...

Murray & MacDonald Insurance Services Inc Overview

Website
www.riskadvice.com
Founded In
1971
Employees
<25 employees
Industry
Insurance
Headquarter Address
550 Macarthur Blvd Bourne Massachusetts MA 02532
Revenue
$10 Million - $50 Million
Phone Number
+1 5082894111
Social Media
About Murray & MacDonald Insurance Services Inc
Murray & MacDonald Insurance Services, Inc (MMISI) was founded and incorporated in November 1971 as an agency focused on sound business practices and client satisfaction. With locations in Falmouth and Bourne, Massachusetts, MMISI proudly serves thousands of clients over the Northeast, Florida, California, Missouri, and Colorado while maintaining that original vision. The mutual success of MMISI a

What Benefits Does Murray & MacDonald Insurance Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Murray & MacDonald Insurance Services Inc 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 Murray & MacDonald Insurance Services Inc?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near New Bedford?

Understanding the cost of living near New Bedford is key to truly evaluating a salary offer or your current compensation at Murray & MacDonald Insurance Services Inc.
New Bedford's Cost of Living Index is approximately 103.2 (3.2% more expensive than US average; 22.2% less than MA average). South Coast historic whaling city, more affordable housing. SRTA bus, Commuter Rail (future). When planning your budget based on a salary from Murray & MacDonald Insurance Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Murray & MacDonald Insurance Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,600 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Murray & MacDonald Insurance Services Inc

1. What is the estimated average total compensation at Murray & MacDonald Insurance Services Inc?

Salary.com estimates that the average total compensation package at Murray & MacDonald Insurance Services Inc, which can include base salary, potential bonuses, and benefits, is around $97,970 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Murray & MacDonald Insurance Services Inc pay compared to Scott Cameron Insurance Agency Inc?

The average annual salary at Murray & MacDonald Insurance Services Inc is $97,970, or an hourly wage of $47, in comparison to Scott Cameron Insurance Agency Inc which pays $84,774 per year or $41 per hour.

3. Do salaries differ significantly between departments at Murray & MacDonald Insurance Services Inc?

Yes, salaries often differ between departments at Murray & MacDonald Insurance Services Inc 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 Murray & MacDonald Insurance Services Inc?

Salary progression from an entry-level to a senior role at Murray & MacDonald Insurance Services Inc 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 Murray & MacDonald Insurance Services Inc in New Bedford is fair given the local cost of living?

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

6. Are promotions at Murray & MacDonald Insurance Services Inc usually accompanied by a significant salary increase?

Yes, promotions at Murray & MacDonald Insurance Services Inc 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.