Paul Murphy Insurance Co Salary

As of August 2026, the average annual salary for employees at Paul Murphy Insurance Co in the United States is $102,252. This translates to an approximate hourly wage of $49. Salaries at Paul Murphy Insurance Co typically range from $89,968 to $115,623 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Paul Murphy Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Paul Murphy Insurance Co. Based on our data, the highest paying job is the Commercial Lines Underwriter, with an annual salary of $68,322. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Paul Murphy Insurance Co

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

Is Paul Murphy Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Paul Murphy Insurance Co'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
Big I New Jersey Inc $96,177
-5.9%
Big I New Jersey Inc operates with a leaner overhead structure, impacting base wage offers.
OpenEyes $112,684
+10.2%
Driven by niche technical certifications required for OpenEyes's specialized projects.
IDU Inc $93,814
-8.3%
Normalized for lower cost-of-living zones where IDU Inc primarily operates.
Agnitti Insurance $100,333
-1.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Insurance Industry $123,858
+21.1%
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.

Employee Reviews: Working at Paul Murphy Insurance Co

Considering a career at Paul Murphy Insurance Co? 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.
I’m satisfied with my role here. The insurance industry is fast-paced, but the company provides the tools needed to succeed. The insurance knowledge gained here is valuable for career growth. Highly recommended for those in the insurance field. It’s a suitable environment for those who prefer structure and stability in their work.
A dependable place for steady employment. The benefits meet industry standards, and the workload is balanced. The insurance products are top-tier, making it easier to serve clients effectively.
The workload is manageable, and the team is professional. Flexible schedules and good benefits make this a great place to work. Workload distribution is fair, and teamwork is encouraged. The company’s emphasis on work-life balance is commendable. The company rewards hard work and provides ample training.

Paul Murphy Insurance Co Overview

Website
www.paulmurphyinsurance.com
Founded In
1988
Employees
<25 employees
Industry
Insurance
Headquarter Address
628 Broadway Malden Massachusetts MA 02148
Revenue
<$5 Million
Phone Number
+1 7813219700
Social Media
About Paul Murphy Insurance Co
The Paul Murphy Insurance Agency was founded in 1988, with the goal of becoming a full-service insurance agency dedicated to customer service and careful carrier selection for its loyal clients. In 1995, Paul Murphy Insurance was selected to be one of four Massachusetts insurance agencies to join the largest agency network in North America - the Strategic Independent Agents Alliance (SIAA). SIAA w

What Benefits Does Paul Murphy Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paul Murphy Insurance Co 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 Malden?

Understanding the cost of living near Malden is key to truly evaluating a salary offer or your current compensation at Paul Murphy Insurance Co.
Malden's Cost of Living Index is approximately 140.5 (40.5% more expensive than US average; 6.0% more than MA average). Inner Boston suburb, MBTA Orange Line, high housing costs. When planning your budget based on a salary from Paul Murphy Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Paul Murphy Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $690 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $770+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paul Murphy Insurance Co

1. What is the average salary for employees at Paul Murphy Insurance Co?

The average annual total compensation for employees at Paul Murphy Insurance Co is approximately $102,252. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,968 to $115,623, depending on factors like job role, experience, and location.

2. How much does Paul Murphy Insurance Co pay compared to Big I New Jersey Inc?

The average annual salary at Paul Murphy Insurance Co is $102,252, or an hourly wage of $49, in comparison to Big I New Jersey Inc which pays $96,177 per year or $46 per hour.

3. How does having a professional certification impact salary for relevant roles at Paul Murphy Insurance Co?

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 Paul Murphy Insurance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Paul Murphy Insurance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Malden?

While some companies offer formal COLA, many, including potentially Paul Murphy Insurance Co, 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.

5. What's the typical process for salary reviews and raises at Paul Murphy Insurance Co?

Most companies, likely including Paul Murphy Insurance Co, 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.