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Open Insurance Salary

Open Insurance Salary

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As of September 2026, the average annual salary for employees at Open Insurance in the United States is $96,092. This translates to an approximate hourly wage of $46. Salaries at Open Insurance typically range from $84,543 to $108,648 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Open Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Open Insurance. Based on our data, the highest paying job is the Claims Specialist, with an annual salary of $82,291. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Open Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Open Insurance'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
Carroll Consulting Services LLC $99,499
+3.5%
Influenced by prevailing union wage agreements specific to Carroll Consulting Services LLC's sector.
Petra Insurance Group LLC $96,029
-0.1%
Suggests Petra Insurance Group LLC utilizes a highly similar base-plus-benefits compensation model.
Larfpa $101,978
+6.1%
Reflects structural premiums typical of Larfpa's large-cap national operations.
Snyder Moore Agencies Inc $91,789
-4.5%
Snyder Moore Agencies Inc may offer non-monetary perks in lieu of competitive base salaries.
Insurance Industry $123,858
+28.9%
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.

How Open Insurance's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Open Insurance. Click a company name to learn more.

Employee Reviews: Working at Open Insurance

Considering a career at Open Insurance? 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.
While workloads can fluctuate, management ensures fair distribution. It’s a stable workplace with reasonable expectations for employees. It’s a great place to grow if you’re passionate about insurance. The benefits, including health and retirement plans, are outstanding. A decent option for those in insurance.
Commented in March 19, 2025
45
0
It’s a great place to grow in the insurance field. A dependable workplace for those seeking stability. Teamwork is encouraged, making it a great place for collaboration.
Commented in February 19, 2025
21
2
Training is adequate, though not exceptional. A great workplace for driven professionals. The hybrid work model, health benefits, and professional development opportunities are outstanding. The team is professional, and interactions are mostly task-oriented. Love the team dynamics and the company’s commitment to employee well-being. The office has great amenities, including a wellness room and fre...
Commented in June 01, 2024
31
1

Open Insurance Overview

Website
Data pending, update soon.
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
3607 Chapel Rd Newtown Square Pennsylvania PA 19073
Revenue
<$5 Million
Phone Number
+1 6103256006
Social Media
About Open Insurance
Open Insurance is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Newtown Square, Pennsylvania.

What Benefits Does Open Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Open Insurance 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)
Work at Open Insurance?
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What Is the Cost of Living Near Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Open Insurance.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Open Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Open Insurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Open Insurance

1. What is the average salary for employees at Open Insurance?

The average annual total compensation for employees at Open Insurance is approximately $96,092. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,543 to $108,648, depending on factors like job role, experience, and location.

2. How much does Open Insurance pay compared to Carroll Consulting Services LLC?

The average annual salary at Open Insurance is $96,092, or an hourly wage of $46, in comparison to Carroll Consulting Services LLC which pays $99,499 per year or $48 per hour.

3. What is the lowest salary at Open Insurance?

The lowest-paying job at Open Insurance is a Finance Specialist with a salary of $70,003 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Open Insurance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Open Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Open Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially Open Insurance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Open Insurance?

Most companies, likely including Open Insurance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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