Novum Underwriting Partners LLC Salary

As of August 2026, the average annual salary for employees at Novum Underwriting Partners LLC in the United States is $85,196. This translates to an approximate hourly wage of $41. Salaries at Novum Underwriting Partners LLC typically range from $74,967 to $96,332 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Novum Underwriting Partners LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Novum Underwriting Partners LLC. Based on our data, the highest paying job is the Software Architect, with an annual salary of $115,512. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Novum Underwriting Partners LLC

Ready for your next career move? Explore current job openings at Novum Underwriting Partners LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Novum Underwriting Partners LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Novum Underwriting Partners LLC'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
Potter Agency LLC $85,323
+0.1%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Superstore $90,681
+6.4%
Supported by Insurance Superstore's high-margin contracts allowing higher overhead.
Baja Insurance $92,685
+8.8%
Driven by niche technical certifications required for Baja Insurance's specialized projects.
Jacobs Vanaman Insurance Inc $87,242
+2.4%
Confirms Jacobs Vanaman Insurance Inc is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+45.4%
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 Novum Underwriting Partners LLC

Considering a career at Novum Underwriting Partners LLC? 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.
The company runs smoothly, with clear expectations. Leadership is approachable, and there’s a strong emphasis on teamwork. Benefits package is solid. I’ve had a rewarding experience here with ample learning opportunities. Flexible schedules and good benefits make this a great place to work.
This company has exceeded my expectations in many ways. The onboarding process was smooth, and ongoing training keeps skills sharp. Colleagues are professional, and turnover is low. Career development programs are accessible, and the hybrid model adds flexibility. The office is modern, with amenities that make the workday comfortable. It’s a suitable environment for those who prefer structure and ...
I’ve been with this insurance firm for several years and have seen consistent growth. Compensation is fair, and the benefits package is comprehensive. Management maintains a professional tone, and policies are clearly communicated.

Novum Underwriting Partners LLC Overview

Website
www.novumuw.com
Founded In
2019
Employees
<25 employees
Industry
Insurance
Headquarter Address
260 Lena Dr Aurora Ohio OH 44202
Revenue
<$5 Million
Phone Number
+1 8883047680
Social Media
About Novum Underwriting Partners LLC
Commercial Insurance MGA and Brokerage. Where Innovation, Customer Service Excellence & Sound Underwriting Meet.

What Benefits Does Novum Underwriting Partners LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novum Underwriting Partners LLC 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Novum Underwriting Partners LLC.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Novum Underwriting Partners LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Novum Underwriting Partners LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Novum Underwriting Partners LLC

1. How much does a Novum Underwriting Partners LLC employee make?

Novum Underwriting Partners LLC pays its employees an average of $85,196 per year. The average salary at Novum Underwriting Partners LLC range from $74,967 to $96,332 per year. 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. Which similar company tend to pay more or less than Novum Underwriting Partners LLC?

The salary at Novum Underwriting Partners LLC is lesser than the similar company. The average annual salary at Novum Underwriting Partners LLC is $85,196, or an hourly wage of $41, in comparison to Potter Agency LLC which pays $85,323 per year or $41 per hour.

3. How much does a Software Architect typically earn at Novum Underwriting Partners LLC?

A Software Architect at Novum Underwriting Partners LLC typically earns an average annual base salary of around $115,512, with a general range of $104,905 to $125,908.

4. Do employees with advanced degrees (Master's, PhD) earn more at Novum Underwriting Partners LLC?

In many roles at Novum Underwriting Partners LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Cleveland affect the perceived value of a Novum Underwriting Partners LLC salary?

Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). This significantly impacts the purchasing power of a salary from Novum Underwriting Partners LLC based there. Our "Cost of Living Insights for Cleveland" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Novum Underwriting Partners LLC typically offer employees?

Novum Underwriting Partners LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Novum Underwriting Partners LLC" section on this page.