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Pharmacistss Mutual Insurance Co Salary

Pharmacistss Mutual Insurance Co Salary

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As of August 2026, the average annual salary for employees at Pharmacistss Mutual Insurance Co in the United States is $93,550. This translates to an approximate hourly wage of $45. Salaries at Pharmacistss Mutual Insurance Co typically range from $82,234 to $105,916 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pharmacistss Mutual Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Pharmacistss Mutual Insurance Co. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $724,161. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Pharmacistss Mutual Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Pharmacistss Mutual 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
M3 Insurance Solutions Inc $100,396
+7.3%
Influenced by prevailing union wage agreements specific to M3 Insurance Solutions Inc's sector.
Prism Insurance Group $110,680
+18.3%
Data suggests Prism Insurance Group's workforce skews heavily towards veteran, high-tenure roles.
Towne Insurance Agency LLC $104,003
+11.2%
Adjusted for higher cost-of-living indices in Towne Insurance Agency LLC's primary metro hubs.
Renegade Insurance Inc $108,623
+16.1%
Supported by Renegade Insurance Inc's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+32.4%
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 Pharmacistss Mutual Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Pharmacistss Mutual Insurance Co

Considering a career at Pharmacistss Mutual 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.
The insurance industry is fast-paced, but the company provides strong support. Training is thorough, and processes are documented well. I appreciate the company’s commitment to employee development. The leadership team is transparent and encourages open communication. The company maintains a strong operational structure, ensuring smooth workflows.
Commented in February 16, 2025
16
2
This company values its employees and fosters a culture of respect. Compensation is fair, and the benefits package is strong. While innovation is gradual, the focus on reliability is a strength. A reliable employer for steady career growth. The company offers great learning opportunities in the insurance sector. The compensation is fair, and the company culture promotes inclusivity. This company p...
Commented in November 04, 2024
20
1
The company’s culture is collaborative, and employee feedback is taken seriously. A forward-thinking employer that values its team. Benefits are standard but reliable. This company stands out for its employee-centric policies. Colleagues are respectful, though departments could communicate better.
Commented in February 08, 2024
29
3

Pharmacistss Mutual Insurance Co Overview

Website
www.phmic.com
Founded In
1909
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
808 Hwy 18 W Algona Iowa IA 50511
Revenue
$10 Million - $50 Million
Phone Number
+1 5152959433
Social Media
About Pharmacistss Mutual Insurance Co
Pharmacists Mutual Insurance Company is a nationally recognized leader providing insurance and risk management solutions within the insurance industry. Pharmacists Mutual operates in all 50 states, the District of Columbia, and Puerto Rico. Financially secure, Pharmacists Mutual is an AM Best "A" Excellent rated property and casualty insurance provider. We take pride in being a single source for i

What Benefits Does Pharmacistss Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pharmacistss Mutual 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Pharmacistss Mutual Insurance Co.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Pharmacistss Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Pharmacistss Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pharmacistss Mutual Insurance Co

1. How much does a Pharmacistss Mutual Insurance Co employee make?

Pharmacistss Mutual Insurance Co pays its employees an average of $93,550 per year. The average salary at Pharmacistss Mutual Insurance Co range from $82,234 to $105,916 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 Pharmacistss Mutual Insurance Co?

The salary at Pharmacistss Mutual Insurance Co is lesser than the similar company. The average annual salary at Pharmacistss Mutual Insurance Co is $93,550, or an hourly wage of $45, in comparison to M3 Insurance Solutions Inc which pays $100,396 per year or $48 per hour.

3. How much does a President & Chief Executive Officer typically earn at Pharmacistss Mutual Insurance Co?

A President & Chief Executive Officer at Pharmacistss Mutual Insurance Co typically earns an average annual base salary of around $724,161, with a general range of $553,843 to $913,811.

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

In many roles at Pharmacistss Mutual Insurance Co, 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 Des Moines affect the perceived value of a Pharmacistss Mutual Insurance Co salary?

Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). This significantly impacts the purchasing power of a salary from Pharmacistss Mutual Insurance Co based there. Our "Cost of Living Insights for Des Moines" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Pharmacistss Mutual Insurance Co typically offer employees?

Pharmacistss Mutual Insurance Co 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 Pharmacistss Mutual Insurance Co" section on this page.

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