NJM Insurance Group Salary

How Much Does NJM Insurance Group Pay?BETA

As of March 2025, the average annual salary for employees at NJM Insurance Group in the United States is $131,692. This translates to an approximate hourly wage of $63. Salaries at NJM Insurance Group typically range from $115,589 to $149,363 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At NJM Insurance Group, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $1,019,410 per year. Conversely, the lowest-paid position is Host, earning around $29,585 annually. Explore this page further for more salary and benefits information at NJM Insurance Group.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does NJM Insurance Group Pay for Different Roles?BETA

At NJM Insurance Group, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at NJM Insurance Group offer the highest average annual salary of $1,019,410, while Host roles have an average annual salary of $29,585.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $778,491 - $1,288,656 $1,019,410 NJM Insurance Group
Senior VP & Chief Financial Officer $406,811 - $668,931 $531,476 NJM Insurance Group
Senior Vice President, & General Counsel $395,507 - $542,280 $464,529 NJM Insurance Group
Division Administrator $360,873 - $556,739 $446,003 NJM Insurance Group
Chief Technology Officer $323,058 - $411,874 $365,612 NJM Insurance Group
Vice President, Marketing $306,708 - $382,764 $342,012 NJM Insurance Group
Vice President, Administrative Services $291,238 - $388,416 $336,574 NJM Insurance Group
Vice President, Human Resources $291,238 - $388,416 $336,574 NJM Insurance Group
Vice President, Public Affairs $285,497 - $381,120 $332,857 NJM Insurance Group
Assistant Vice President & Controller $259,251 - $351,185 $305,127 NJM Insurance Group
Controller $259,251 - $351,185 $305,127 NJM Insurance Group
Director, Actuarial $273,313 - $335,824 $304,430 NJM Insurance Group
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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NJM Insurance Group Overview

Website:
njm.com
Size:
1,000 - 3,000 Employees
Industry:
Insurance
Revenue:
$3B - $5B
About:
New Jersey Manufacturers (NJM) Insurance Company offers personal auto, commercial auto, workers' compensation, homeowners, condo, renters, and umbrella insurance. The company was founded in 1913 and is headquartered in the West Trenton section of Ewing Township, Mercer County, New Jersey.

Most Common Benefits for NJM Insurance Group

Aside from the base salary, NJM Insurance Group offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at NJM Insurance Group

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of NJM Insurance Group ’s peer companies.
OneAmerica Financial Partners Inc Indianapolis, IN $102,650 - $132,560 Company Salary Range $116,903 Average Company Salary
Zelis Healthcare Inc Boston, MA $115,680 - $149,339 Company Salary Range $131,734 Average Company Salary
Crum & Forster Insurance Group Morristown, NJ $119,868 - $154,887 Company Salary Range $136,554 Average Company Salary
AssuranceAmerica Atlanta, GA $108,066 - $139,718 Company Salary Range $123,148 Average Company Salary
Hiscox Insurance Company Ltd Atlanta, GA $107,048 - $138,328 Company Salary Range $121,956 Average Company Salary
LA Care Health Plan Los Angeles, CA $120,464 - $155,655 Company Salary Range $137,229 Average Company Salary
Allianz Life Insurance Company of North America Minneapolis, MN $113,985 - $147,290 Company Salary Range $129,856 Average Company Salary
Oscar Health Inc New York City, NY $128,748 - $166,361 Company Salary Range $146,670 Average Company Salary
General Casualty Sun Prairie, WI $97,436 - $125,756 Company Salary Range $110,944 Average Company Salary
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FAQs About NJM Insurance Group Company

1. How much does NJM Insurance Group in the United States pay?

NJM Insurance Group pays its employees an average of $131,692 per year. The average salary at NJM Insurance Group range from $115,589 to $149,363 per year. President & Chief Executive Officer jobs at NJM Insurance Group earn the most with an average annual salary of $1,019,410, while Host jobs earn the least with an average annual salary of $29,585.

2. Do NJM Insurance Group employees get a higher salary than other similar companies?

The salary at NJM Insurance Group is lesser than Oscar Health Inc. The highest salary package reported for an employee at NJM Insurance Group is $149,363 per year, meanwhile the highest salary package reported for an employee at Oscar Health Inc is $166,361 per year.

3. How much does NJM Insurance Group pay compared to Oscar Health Inc?

The average annual salary at NJM Insurance Group is $131,692, or an hourly wage of $63, in comparison to Oscar Health Inc which pays $146,670 per year or $71 per hour.

4. Which job skills can boost a Vice President, Administrative Services salary at NJM Insurance Group?

Leadership, Employee Relations and Initiative are key to a Vice President, Administrative Services job at NJM Insurance Group. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at NJM Insurance Group.

5. What is the lowest salary at NJM Insurance Group?

The lowest paying job at NJM Insurance Group is Host with an annual salary of $29,585 or an hourly rate of $63.