Otto Insurance Salary

Otto Insurance Salary

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of May 2026, the average annual salary for employees at Otto Insurance in the United States is $96,978. This translates to an approximate hourly wage of $47. Salaries at Otto Insurance typically range from $85,267 to $109,770 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Otto Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Otto Insurance. Based on our data, the highest paying job is the Chief Operating Officer, with an annual salary of $437,927. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Otto Insurance

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

Is Otto Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Otto 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
Exploration Insurance Group $90,512
-6.7%
Normalized for lower cost-of-living zones where Exploration Insurance Group primarily operates.
Contact UniFi Insurance Group $93,919
-3.2%
Contact UniFi Insurance Group focuses strategically on recruiting and training entry-level apprentices.
Beech Street Corp $114,309
+17.9%
Driven by niche technical certifications required for Beech Street Corp's specialized projects.
Washington National Casualty Inc $99,963
+3.1%
Reflects structural premiums typical of Washington National Casualty Inc's large-cap national operations.
Insurance Industry $123,858
+27.7%
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 Otto Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Otto Insurance

Considering a career at Otto 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.
The scale of operations means there’s always something new to learn, and collaboration across teams is encouraged. Overall, it’s a stable and supportive workplace with opportunities for career advancement. I joined this company a year ago and have no regrets. A great employer for those passionate about insurance.
Commented in March 21, 2025
44
3
The company invests in cutting-edge tools, making work more efficient. The hybrid policy allows for flexibility, and management trusts employees to manage their time effectively. The insurance products are diverse, keeping the work interesting. I appreciate the work culture here—it’s both professional and welcoming.
Commented in February 06, 2025
13
1
The benefits, including health insurance and wellness programs, are excellent. The health and wellness programs, including gym discounts, are a plus. The office has great amenities, including a wellness room and free snacks.
Commented in January 21, 2025
45
0
While workloads can fluctuate, flexibility in scheduling helps manage priorities. The company has a positive and inclusive work culture. It’s a reasonable place to gain experience in insurance. The office culture is inclusive, and hybrid work options are a plus. The insurance sector experience here is beneficial for career growth. The company follows traditional insurance practices, which ensures ...
Commented in December 04, 2024
42
3
The company operates with efficiency and maintains a professional environment. A stable option for insurance professionals. There’s a real sense of camaraderie, making it a pleasant workplace. The benefits package is robust, and work-life balance is respected. It is innovative, the company provides stability and fair compensation.
Commented in March 10, 2024
21
0

Otto Insurance Overview

Website
www.ottoinsurance.com
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
429 Lenox Ave Miami Beach Florida FL 33139
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Otto Insurance
Get an insurance quote from an experienced, secure group of carriers nationwide. Get matched with the best policy using advanced data techniques to secure the best rate.

What Benefits Does Otto Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Otto 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 Otto Insurance?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Miami?

Understanding the cost of living near Miami is key to truly evaluating a salary offer or your current compensation at Otto Insurance.
Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). Major international city, very high housing costs, vibrant culture, significant traffic. Metrorail/Metromover/Bus. When planning your budget based on a salary from Otto Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,800 - $2,800+ A significant portion of Otto Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $112.50 (Miami-Dade EASY Ticket monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,262 - $5,332+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Otto Insurance

1. How much does an Otto Insurance employee make?

Otto Insurance pays its employees an average of $96,978 per year. The average salary at Otto Insurance range from $85,267 to $109,770 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 Otto Insurance?

The salary at Otto Insurance is higher than the similar company. The average annual salary at Otto Insurance is $96,978, or an hourly wage of $47, in comparison to Exploration Insurance Group which pays $90,512 per year or $44 per hour.

3. How much does a Chief Operating Officer typically earn at Otto Insurance?

A Chief Operating Officer at Otto Insurance typically earns an average annual base salary of around $437,927, with a general range of $344,727 to $555,809.

4. Do employees with advanced degrees (Master's, PhD) earn more at Otto Insurance?

In many roles at Otto Insurance, 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 Miami affect the perceived value of a Otto Insurance salary?

Miami's Cost of Living Index is approximately 117.5 (17.5% more expensive than US average; 14.0% more than FL average). This significantly impacts the purchasing power of a salary from Otto Insurance based there. Our "Cost of Living Insights for Miami" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Otto Insurance typically offer employees?

Otto Insurance 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 Otto Insurance" section on this page.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning