Preferred Risk Agency LLC Salary
How Much Does Preferred Risk Agency LLC Pay for Different Roles?
Manager, Underwriting
$125,237 / year
Salary Range: $113,462 - $134,088
Underwriting
Manager, Accounting
$116,701 / year
Salary Range: $105,114 - $128,285
Management
Underwriter
$89,255 / year
Salary Range: $80,486 - $100,318
Insurance Underwriting
Account Executive
$72,380 / year
Salary Range: $67,031 - $80,810
Home Care
Sales
$59,006 / year
Salary Range: $50,701 - $66,708
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Administrative Assistant
$50,382 / year
Salary Range: $45,701 - $55,326
Administrative Assistant II
Guard
$35,137 / year
Salary Range: $31,648 - $38,857
Security Services
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Current Job Openings at Preferred Risk Agency LLC
Is Preferred Risk Agency LLC’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Tatje Insurance and Financial Products Inc | $87,654 |
-15.0%
|
Typical compensation structure for smaller regional agencies like Tatje Insurance and Financial Products Inc. |
| Masi Insurance Inc | $85,386 |
-17.2%
|
Normalized for lower cost-of-living zones where Masi Insurance Inc primarily operates. |
| Robert Hughes Associates Inc | $90,533 |
-12.2%
|
Robert Hughes Associates Inc likely leverages performance bonuses over the high base salary shown here. |
| Pacific Ocean Marine Insurance Brokers Inc | $96,377 |
-6.6%
|
Pacific Ocean Marine Insurance Brokers Inc may offer non-monetary perks in lieu of competitive base salaries. |
| Insurance Industry | $123,858 |
+20.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Preferred Risk Agency LLC's Salaries Compare to Similar Companies?
Tatje Insurance and Financial Products Inc
$87,654 / year
Salary Range: $77,120 - $99,112
La Place, LA
Masi Insurance Inc
$85,386 / year
Salary Range: $75,123 - $96,539
Seminole, FL
Robert Hughes Associates Inc
$90,533 / year
Salary Range: $79,659 - $102,368
Richardson, TX
Pacific Ocean Marine Insurance Brokers Inc
$96,377 / year
Salary Range: $84,799 - $108,977
San Diego, CA
Universal Insurance Brokers
$84,057 / year
Salary Range: $73,959 - $95,051
Lehigh Acres, FL
JS Platinum
$95,639 / year
Salary Range: $84,149 - $108,148
Ontario, CA
Mattison Insurance Agency Inc
$80,777 / year
Salary Range: $71,072 - $91,332
Sulphur Springs, TX
Liberty Public Adjusters LLC
$97,959 / year
Salary Range: $86,192 - $110,769
Williamstown, NJ
Anchor Title Agency
$102,400 / year
Salary Range: $90,096 - $115,781
Belmar, NJ
Employee Reviews: Working at Preferred Risk Agency LLC
Preferred Risk Agency LLC Overview
What Benefits Does Preferred Risk Agency LLC 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 Jersey City?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,500 - $3,800+ | A significant portion of Preferred Risk Agency LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $121 (PATH 30-day unlimited) / NJ Transit varies | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $470 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $900+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $420 - $780+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,041 - $6,401+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Preferred Risk Agency LLC
1. What is the typical salary range (low to high) for most roles at Preferred Risk Agency LLC?
The typical annual salary range for most roles at Preferred Risk Agency LLC is approximately from $90,756 to $116,635. 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 Preferred Risk Agency LLC pay compared to Tatje Insurance and Financial Products Inc?
The average annual salary at Preferred Risk Agency LLC is $103,149, or an hourly wage of $50, in comparison to Tatje Insurance and Financial Products Inc which pays $87,654 per year or $42 per hour.
3. Do salaries differ significantly between departments at Preferred Risk Agency LLC?
Yes, salaries often differ between departments at Preferred Risk Agency 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 Preferred Risk Agency LLC?
Experience level is a significant factor in determining salary at Preferred Risk Agency 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 Preferred Risk Agency LLC in Jersey City is fair given the local cost of living?
To determine if a salary offer from Preferred Risk Agency LLC in Jersey City is fair, first compare the gross salary to our data for similar roles at Preferred Risk Agency LLC and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Jersey City" to understand its purchasing power.
6. Why might an individual's actual salary at Preferred Risk Agency LLC differ from the ranges shown here?
An individual's actual salary at Preferred Risk Agency LLC can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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