Petra Risk Management Services Salary
How Much Does Petra Risk Management Services Pay for Different Roles?
President
$690,929 / year
Salary Range: $528,786 - $871,203
Executive
Chief Operating Officer
$403,060 / year
Salary Range: $317,423 - $511,292
Executive
Senior VP, Business Development
$269,390 / year
Salary Range: $229,274 - $311,898
Business Development
Executive Vice President
$262,911 / year
Salary Range: $217,631 - $315,618
Operations
Senior VP, Marketing
$231,806 / year
Salary Range: $208,330 - $258,769
Marketing
Vice President, Marketing
$231,806 / year
Salary Range: $208,330 - $258,769
Marketing
Senior Vice President
$176,823 / year
Salary Range: $152,110 - $202,503
Government Affairs
Manager, Risk
$105,150 / year
Salary Range: $92,492 - $118,397
Risk Management
Manager, Claims
$103,528 / year
Salary Range: $92,659 - $113,806
Claims
Manager, Human Resources
$97,686 / year
Salary Range: $87,637 - $107,619
Human Resources
Account Manager, Personal Line
$86,422 / year
Salary Range: $74,609 - $98,919
Account Management III
Commercial Lines Agent
$75,532 / year
Salary Range: $66,102 - $90,321
Insurance
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Current Job Openings at Petra Risk Management Services
Is Petra Risk Management Services’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| ECM Business Insurance Services | $104,636 |
+17.2%
|
Adjusted for higher cost-of-living indices in ECM Business Insurance Services's primary metro hubs. |
| CRC Programs | $91,398 |
+2.4%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Inova Care Co Ltd | $114,973 |
+28.8%
|
Influenced by prevailing union wage agreements specific to Inova Care Co Ltd's sector. |
| Skyscraper Insurance | $110,079 |
+23.3%
|
Reflects a supply-demand imbalance for the specific talent Skyscraper Insurance targets. |
| Insurance Industry | $123,858 |
+38.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Petra Risk Management Services's Salaries Compare to Similar Companies?
ECM Business Insurance Services
$104,636 / year
Salary Range: $92,039 - $118,366
San Clemente, CA
CRC Programs
$91,398 / year
Salary Range: $80,392 - $103,392
Birmingham, AL
Inova Care Co Ltd
$114,973 / year
Salary Range: $101,138 - $130,072
Wattana, FL
Skyscraper Insurance
$110,079 / year
Salary Range: $96,831 - $124,524
Spring Valley, NY
GEICO Marine Insurance Co
$106,493 / year
Salary Range: $93,670 - $120,464
Springfield, VA
Home Builders Insurance Services
$92,031 / year
Salary Range: $80,951 - $104,099
Waxahachie, TX
Century Insurance Consultants Ltd
$93,803 / year
Salary Range: $82,508 - $106,111
Monroeville, PA
Lightship Insurance agency
$96,715 / year
Salary Range: $85,074 - $109,404
Denver, CO
ASA Group
$88,888 / year
Salary Range: $78,183 - $100,551
Little Rock, AR
Employee Reviews: Working at Petra Risk Management Services
Petra Risk Management Services Overview
What Benefits Does Petra Risk Management Services 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 Birmingham?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $900 - $1,400+ | A significant portion of Petra Risk Management Services salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 - $60 (MAX Transit Monthly Pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $600+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $300 - $600+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,040 - $3,460+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Petra Risk Management Services
1. What is the typical salary range (low to high) for most roles at Petra Risk Management Services?
The typical annual salary range for most roles at Petra Risk Management Services is approximately from $78,513 to $100,978. 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 Petra Risk Management Services pay compared to ECM Business Insurance Services?
The average annual salary at Petra Risk Management Services is $89,257, or an hourly wage of $43, in comparison to ECM Business Insurance Services which pays $104,636 per year or $50 per hour.
3. Do salaries differ significantly between departments at Petra Risk Management Services?
Yes, salaries often differ between departments at Petra Risk Management Services 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 Petra Risk Management Services?
Experience level is a significant factor in determining salary at Petra Risk Management Services, 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 Petra Risk Management Services in Birmingham is fair given the local cost of living?
To determine if a salary offer from Petra Risk Management Services in Birmingham is fair, first compare the gross salary to our data for similar roles at Petra Risk Management Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Birmingham" to understand its purchasing power.
6. What factors influence salary increases at Petra Risk Management Services?
Salary increases at Petra Risk Management Services are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.
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