Preferred Insurance Services Inc Salary

Preferred Insurance Services Inc 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 August 2026, the average annual salary for employees at Preferred Insurance Services Inc in the United States is $99,700. This translates to an approximate hourly wage of $48. Salaries at Preferred Insurance Services Inc typically range from $87,713 to $112,745 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Preferred Insurance Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Preferred Insurance Services Inc. Based on our data, the highest paying job is the Account Manager, Personal Line, with an annual salary of $96,533. 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 Preferred Insurance Services Inc

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

Is Preferred Insurance Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Preferred Insurance Services Inc'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
Federal Employee Service Association $89,563
-10.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Total Plan Services Inc $92,727
-7.0%
Normalized for lower cost-of-living zones where Total Plan Services Inc primarily operates.
Nonprofit Corp $99,795
+0.1%
Indicates identical technical requirements and experience levels between the two firms.
Miller Loughry Beach Insurance Services $85,080
-14.7%
Miller Loughry Beach Insurance Services likely leverages performance bonuses over the high base salary shown here.
Insurance Industry $123,858
+24.2%
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 Preferred Insurance Services Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Preferred Insurance Services Inc

Considering a career at Preferred Insurance Services Inc? 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.
Leadership is transparent, and team collaboration is strong. Career growth is encouraged, with mentorship programs available. I’ve had a great experience working here—the company truly values its employees. The benefits package is adequate, though not exceptional. Teamwork is encouraged, making it a great place for collaboration.
Commented in May 29, 2025
27
1
This company values its employees and fosters a positive work environment. Proud to be part of this organization. A good choice if you prefer predictability in your career.
Commented in March 20, 2025
8
3
Team dynamics are good, though more cross-training would be beneficial. The leadership team is visionary and keeps morale high. Team collaboration is a key strength. The training programs are top-notch, helping employees stay updated on industry trends. While the job may not be exciting every day, it offers stability and a decent work environment. I’ve enjoyed my time here and would recommend it t...
Commented in September 10, 2024
15
3

Preferred Insurance Services Inc Overview

Website
www.preferredmn.com
Founded In
1996
Employees
<25 employees
Industry
Insurance
Headquarter Address
1306 County Road F W Arden Hills Minnesota MN 55112
Revenue
$10 Million - $50 Million
Phone Number
+1 6512553500
Social Media
About Preferred Insurance Services Inc
Since 1993, Preferred Insurance Services has been simplifying your search for insurance coverage. We are recognized for our team of knowledgeable agents who are dedicated to creating distinct insurance solutions for every individual. Through an initial coverage review, we will help you understand what types of coverage will benefit you the most and tailor an insurance program specific to your life

What Benefits Does Preferred Insurance Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Preferred Insurance Services Inc 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 Preferred Insurance Services Inc?
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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Preferred Insurance Services Inc.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Preferred Insurance Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Preferred Insurance Services Inc 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) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Preferred Insurance Services Inc

1. How much does a Preferred Insurance Services Inc employee make?

Preferred Insurance Services Inc pays its employees an average of $99,700 per year. The average salary at Preferred Insurance Services Inc range from $87,713 to $112,745 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 Preferred Insurance Services Inc?

The salary at Preferred Insurance Services Inc is higher than the similar company. The average annual salary at Preferred Insurance Services Inc is $99,700, or an hourly wage of $48, in comparison to Federal Employee Service Association which pays $89,563 per year or $43 per hour.

3. How much does an Account Manager, Personal Line typically earn at Preferred Insurance Services Inc?

An Account Manager, Personal Line at Preferred Insurance Services Inc typically earns an average annual base salary of around $96,533, with a general range of $83,352 to $110,446.

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

In many roles at Preferred Insurance Services Inc, 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 Saint Paul affect the perceived value of a Preferred Insurance Services Inc salary?

Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). This significantly impacts the purchasing power of a salary from Preferred Insurance Services Inc based there. Our "Cost of Living Insights for Saint Paul" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Preferred Insurance Services Inc typically offer employees?

Preferred Insurance Services Inc 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 Preferred Insurance Services Inc" 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