Novatae Risk Group Salary

As of September 2026, the average annual salary for employees at Novatae Risk Group in the United States is $90,491. This translates to an approximate hourly wage of $44. Salaries at Novatae Risk Group typically range from $79,622 to $102,319 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Novatae Risk Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Novatae Risk Group. Based on our data, the highest paying job is the Manager, Compliance, with an annual salary of $106,497. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Novatae Risk Group’s Pay Competitive? Salary Benchmarking Analysis

How does Novatae Risk 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
Berkley Prime Transportation $94,120
+4.0%
Supported by Berkley Prime Transportation's high-margin contracts allowing higher overhead.
Cunningham Insurance Ltd $89,584
-1.0%
Confirms Cunningham Insurance Ltd is a direct competitor vying for the exact same talent pool.
Owen Insurance Agency LLC $88,614
-2.1%
Suggests Owen Insurance Agency LLC utilizes a highly similar base-plus-benefits compensation model.
National Benefit Plans Ltd $87,918
-2.8%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+36.9%
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 Novatae Risk Group

Considering a career at Novatae Risk 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.
If you’re looking for growth in insurance, this is a great place to be. I’d recommend this company to anyone seeking a rewarding role in the insurance industry. Innovative company with a focus on employee well-being. I’ve had a wonderful time working at this company.
Flexible hybrid work options. Career growth is encouraged through mentorship programs. Good perks too. Training opportunities are abundant, and career progression is encouraged. Management is professional, and colleagues are helpful.
The company invests in training and skills development for employees. Flexible work options are a big plus. A forward-thinking employer that values its team. The corporate culture is positive, and teamwork is highly encouraged. Work feels meaningful here. It’s a reliable workplace for those seeking steady employment. While the role may not be highly innovative, it provides stability and learning o...

Novatae Risk Group Overview

Website
www.novatae.com
Founded In
1993
Employees
<25 employees
Industry
Insurance
Headquarter Address
629 W College St Grapevine Texas TX 76051
Revenue
$5 Million - $10 Million
Phone Number
+1 8888102770
Social Media
About Novatae Risk Group
Novatae is a modern wholesale insurance distributor offering innovative solutions from responsive brokers, underwriters, and program managers who are passionate about helping you and your clients. Now you have access to top markets and products from a talented team of specialists determined to make insurance exciting, fun, and new again.

What Benefits Does Novatae Risk Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novatae Risk 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Dallas?

Understanding the cost of living near Dallas is key to truly evaluating a salary offer or your current compensation at Novatae Risk Group.
Dallas' Cost of Living Index is approximately 101.6 (1.6% more expensive than US average; 9.2% more than TX average). Major city, corporate hub, housing costs above US avg in desirable areas. DART bus/rail. When planning your budget based on a salary from Novatae Risk Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $2,000+ A significant portion of Novatae Risk Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,776 - $4,376+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novatae Risk Group

1. What is the typical salary range (low to high) for most roles at Novatae Risk Group?

The typical annual salary range for most roles at Novatae Risk Group is approximately from $79,622 to $102,319. 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 Novatae Risk Group pay compared to Berkley Prime Transportation?

The average annual salary at Novatae Risk Group is $90,491, or an hourly wage of $44, in comparison to Berkley Prime Transportation which pays $94,120 per year or $45 per hour.

3. Do salaries differ significantly between departments at Novatae Risk Group?

Yes, salaries often differ between departments at Novatae Risk Group 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. How does experience level affect salary at Novatae Risk Group?

Experience level is a significant factor in determining salary at Novatae Risk Group, 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.

5. How can I determine if a salary offer from Novatae Risk Group in Dallas is fair given the local cost of living?

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

6. Are the salaries listed for Novatae Risk Group on Salary.com pre-tax or after-tax?

All salary figures displayed for Novatae Risk Group, 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.