Olsick Insurance Group Salary
How Much Does Olsick Insurance Group Pay for Different Roles?
President
$739,838 / year
Salary Range: $566,310 - $932,327
Executive
Commercial Lines Specialist
$124,697 / year
Salary Range: $112,718 - $135,748
Business Development
Independent Insurance Agent
$80,879 / year
Salary Range: $70,793 - $96,658
Insurance
Insurance Broker
$80,879 / year
Salary Range: $70,793 - $96,658
Insurance
Broker
$80,879 / year
Salary Range: $70,793 - $96,658
Insurance
Account Manager
$70,747 / year
Salary Range: $61,753 - $81,200
Account Management II
Commercial Account Manager
$70,747 / year
Salary Range: $61,753 - $81,200
Account Management II
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Current Job Openings at Olsick Insurance Group
Is Olsick Insurance Group’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| BICM Ltd | $96,335 |
+0.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| BNsurance | $96,314 |
+0.8%
|
Suggests BNsurance utilizes a highly similar base-plus-benefits compensation model. |
| Arrow Mutual Liability Insurance Co | $101,187 |
+5.9%
|
Reflects a supply-demand imbalance for the specific talent Arrow Mutual Liability Insurance Co targets. |
| Samuel F McCormack Co | $93,951 |
-1.7%
|
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. |
How Olsick Insurance Group's Salaries Compare to Similar Companies?
BICM Ltd
$96,335 / year
Salary Range: $84,763 - $108,928
Philadelphia, PA
BNsurance
$96,314 / year
Salary Range: $84,744 - $108,904
San Diego, CA
Arrow Mutual Liability Insurance Co
$101,187 / year
Salary Range: $89,033 - $114,415
Chestnut Hill, MA
Samuel F McCormack Co
$93,951 / year
Salary Range: $82,664 - $106,221
Buzzards Bay, MA
Parelius Insurance Services Inc
$111,967 / year
Salary Range: $98,508 - $126,597
San Jose, CA
Sky Vision Insurance Agency
$100,037 / year
Salary Range: $88,016 - $113,111
Diamond Bar, CA
Cheeseman Insurance Agency
$83,920 / year
Salary Range: $73,840 - $94,893
Saint Ignace, MI
Levy Insurance Agency Inc
$82,570 / year
Salary Range: $72,648 - $93,369
Williston, FL
Cravens Insurance Agency Inc
$85,903 / year
Salary Range: $75,581 - $97,124
Silsbee, TX
Employee Reviews: Working at Olsick Insurance Group
Olsick Insurance Group Overview
What Benefits Does Olsick Insurance Group Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Chicago?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Olsick Insurance Group salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Olsick Insurance Group
1. How much does an Olsick Insurance Group employee make?
Olsick Insurance Group pays its employees an average of $95,575 per year. The average salary at Olsick Insurance Group range from $84,085 to $108,062 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 Olsick Insurance Group?
The salary at Olsick Insurance Group is lesser than the similar company. The average annual salary at Olsick Insurance Group is $95,575, or an hourly wage of $46, in comparison to BICM Ltd which pays $96,335 per year or $46 per hour.
3. How much does a President typically earn at Olsick Insurance Group?
A President at Olsick Insurance Group typically earns an average annual base salary of around $739,838, with a general range of $566,310 to $932,327.
4. Do employees with advanced degrees (Master's, PhD) earn more at Olsick Insurance Group?
In many roles at Olsick Insurance Group, 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 Chicago affect the perceived value of a Olsick Insurance Group salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Olsick Insurance Group based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
6. What kind of benefits does Olsick Insurance Group typically offer employees?
Olsick Insurance Group 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 Olsick Insurance Group" section on this page.
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