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Old Republic Residual Market Services Salary

Old Republic Residual Market Services Salary

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As of October 2026, the average annual salary for employees at Old Republic Residual Market Services in the United States is $95,554. This translates to an approximate hourly wage of $46. Salaries at Old Republic Residual Market Services typically range from $84,075 to $108,038 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Old Republic Residual Market Services Pay for Different Roles?

Explore detailed salary information for specific jobs at Old Republic Residual Market Services. Based on our data, the highest paying job is the Quality Assurance Analyst, with an annual salary of $72,529. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Old Republic Residual Market Services’s Pay Competitive? Salary Benchmarking Analysis

How does Old Republic Residual Market Services'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
Asset Insurance Agency LLC $100,575
+5.3%
Adjusted for higher cost-of-living indices in Asset Insurance Agency LLC's primary metro hubs.
Royal Brokerage $99,879
+4.5%
Driven by niche technical certifications required for Royal Brokerage's specialized projects.
Zaibaq Insurance Agency $93,360
-2.3%
Suggests Zaibaq Insurance Agency utilizes a highly similar base-plus-benefits compensation model.
Aspen Agency LLC $97,231
+1.8%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Industry $123,858
+29.6%
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.

How Old Republic Residual Market Services's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Old Republic Residual Market Services. Click a company name to learn more.

Employee Reviews: Working at Old Republic Residual Market Services

Considering a career at Old Republic Residual Market Services? 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 work environment is positive, and management is approachable. It’s a decent place to work if you prefer stability and routine in the insurance field. The insurance industry is complex, but the training here is top-notch. The company provides a stable and engaging work environment in the insurance sector. The company provides ample opportunities for skill development and career growth.
Commented in March 26, 2025
18
1
Expectations are clear, and processes are efficient. Compensation is fair, with opportunities for bonuses. Management is fair, and the team is collaborative. The workplace is well-organized, and processes are clearly defined. Leadership communicates company objectives clearly, though feedback loops could be stronger. The insurance industry is complex, but the training programs here are thorough, a...
Commented in February 12, 2025
49
0
A good fit for those who value consistency in their career. A stable employer for professionals. The company emphasizes professional development, offering workshops and certifications to help employees grow. Team dynamics are supportive, and managers are approachable.
Commented in February 25, 2024
8
1

Old Republic Residual Market Services Overview

Website
www.ormarks.com
Founded In
1987
Employees
<25 employees
Industry
Insurance
Headquarter Address
400 2nd Ave S Minneapolis Minnesota MN 55401
Revenue
<$5 Million
Phone Number
+1 6129029240
Social Media
About Old Republic Residual Market Services
Old Republic Residual Market Services (ORMARKS) provides specialized assigned risk services for the workers' compensation residual markets. Pennsylvania Manufacturers Association Insurance Company (PMAIC), rated A+ (Superior) XV by AM Best, is our policy-issuing insurance carrier. ORMARKS and PMAIC are members of Old Republic International, a Fortune 500 company and one of the nations 50 largest s

What Benefits Does Old Republic Residual Market Services Offer Beyond Salary?

A competitive compensation package is more than just a salary. Old Republic Residual Market Services 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Old Republic Residual Market Services.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Old Republic Residual Market Services, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Old Republic Residual Market Services salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Old Republic Residual Market Services

1. What is the typical salary range (low to high) for most roles at Old Republic Residual Market Services?

The typical annual salary range for most roles at Old Republic Residual Market Services is approximately from $84,075 to $108,038. 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 Old Republic Residual Market Services pay compared to Asset Insurance Agency LLC?

The average annual salary at Old Republic Residual Market Services is $95,554, or an hourly wage of $46, in comparison to Asset Insurance Agency LLC which pays $100,575 per year or $48 per hour.

3. Do salaries differ significantly between departments at Old Republic Residual Market Services?

Yes, salaries often differ between departments at Old Republic Residual Market Services 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 Old Republic Residual Market Services?

Experience level is a significant factor in determining salary at Old Republic Residual Market Services, 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 Old Republic Residual Market Services in Minneapolis is fair given the local cost of living?

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

6. Are the salaries listed for Old Republic Residual Market Services on Salary.com pre-tax or after-tax?

All salary figures displayed for Old Republic Residual Market Services, 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.

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