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Paragon Insurance Group LLC Salary

Paragon Insurance Group LLC Salary

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As of August 2026, the average annual salary for employees at Paragon Insurance Group LLC in the United States is $98,371. This translates to an approximate hourly wage of $47. Salaries at Paragon Insurance Group LLC typically range from $86,550 to $111,221 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paragon Insurance Group LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Paragon Insurance Group LLC. Based on our data, the highest paying job is the President, with an annual salary of $761,475. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Paragon Insurance Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Paragon Insurance Group 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
First Advantage Insurance Inc $85,407
-13.2%
Typical compensation structure for smaller regional agencies like First Advantage Insurance Inc.
Moores Insurance Management Inc $97,864
-0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Flex Compensation Inc $96,324
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
Empire Insurance Group Inc $96,145
-2.3%
Suggests Empire Insurance Group Inc utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+25.9%
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 Paragon Insurance Group LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Paragon Insurance Group LLC

Considering a career at Paragon Insurance Group 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 invests in training, helping employees grow professionally. Managers are approachable, and employees are encouraged to share ideas. Good work recognition. The insurance industry is complex, but the training programs here are thorough, and managers are always available to guide you.
Commented in March 08, 2025
29
1
Overall, a great place to grow in the insurance industry. The company invests in employee development with regular workshops. Managers are approachable and supportive, making it easy to voice ideas. The office atmosphere is friendly, and remote work options are a plus. The company has a great reputation in the insurance market, and working here has been fulfilling.
Commented in February 21, 2025
20
2
Appreciate the recognition for hard work. The company culture is welcoming, and employees are treated with respect. My experience at this company has been decent. The leadership team is transparent and communicates company goals clearly. Team outings and wellness programs add to the positive experience. For a fulfilling career in insurance, this is an excellent choice.
Commented in June 06, 2024
42
0

Paragon Insurance Group LLC Overview

Website
www.paragongoc.com
Founded In
2006
Employees
<25 employees
Industry
Insurance
Headquarter Address
18281 Minnetonka Blvd Wayzata Minnesota MN 55391
Revenue
$5 Million - $10 Million
Phone Number
+1 6123389179
Social Media
About Paragon Insurance Group LLC
Paragon creates and delivers insurance and risk solutions to the unique needs of the manufacturing industry. Our market clout allows us to deliver competitive products and services. Service always starts with listening. We take the time to understand your needs and exposures. We then design and deliver a program that protects your assets and future.

What Benefits Does Paragon Insurance Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paragon Insurance Group 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)
Work at Paragon Insurance Group LLC?
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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 Paragon Insurance Group LLC.
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 Paragon Insurance Group LLC, 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 Paragon Insurance Group LLC 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 Paragon Insurance Group LLC

1. What is the typical salary range (low to high) for most roles at Paragon Insurance Group LLC?

The typical annual salary range for most roles at Paragon Insurance Group LLC is approximately from $86,550 to $111,221. 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 Paragon Insurance Group LLC pay compared to First Advantage Insurance Inc?

The average annual salary at Paragon Insurance Group LLC is $98,371, or an hourly wage of $47, in comparison to First Advantage Insurance Inc which pays $85,407 per year or $41 per hour.

3. Do salaries differ significantly between departments at Paragon Insurance Group LLC?

Yes, salaries often differ between departments at Paragon Insurance Group LLC 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 Paragon Insurance Group LLC?

Experience level is a significant factor in determining salary at Paragon Insurance Group LLC, 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 Paragon Insurance Group LLC in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Paragon Insurance Group LLC in Minneapolis is fair, first compare the gross salary to our data for similar roles at Paragon Insurance Group LLC 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. What are the key factors that influence salary levels at Paragon Insurance Group LLC?

Several key factors influence salary levels at Paragon Insurance Group LLC. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Paragon Insurance Group LLC likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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