What is the highest paying job at Preferred Risk Insurance Services?

Based on our latest data, the highest paying role at Preferred Risk Insurance Services is Branch Officer, earning approximately $318,695 annually.

Where is Preferred Risk Insurance Services located?

Preferred Risk Insurance Services is headquartered in CLEARING, IL, but may have operations in other locations within the Financial Services sector.

What industry is Preferred Risk Insurance Services in?

Preferred Risk Insurance Services operates in the Financial Services industry.

Preferred Risk Insurance Services Average Salary and Pay Ranges

Preferred Risk Insurance Services Salary

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

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Salary at Preferred Risk Insurance Services

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

Explore detailed salary information for specific jobs at Preferred Risk Insurance Services. Based on our data, the highest paying job is the Branch Officer, with an annual salary of $318,695. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Supply Chain Specalist

$125,920 / year

Salary Range: $112,903 - $139,281

Supply Chain

Universal Banker

$43,265 / year

Salary Range: $39,066 - $48,183

Teller Operations

Part-time Teller

$37,658 / year

Salary Range: $34,398 - $41,365

Banking

Universal Banker / Head Teller

$39,894 / year

Salary Range: $36,064 - $44,290

Banking and Financial Services

Retail Banking Representative

$39,756 / year

Salary Range: $36,296 - $43,815

Teller Operations

Branch Officer

$318,695 / year

Salary Range: $269,643 - $378,501

Research and Development

Quality Control & HMDA Specialist

$121,573 / year

Salary Range: $101,068 - $132,780

Life Underwriting

Fraud Analyst

$47,139 / year

Salary Range: $42,160 - $55,410

Fraud and Risk

Turn Insight into Opportunity: Current Job Openings

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About Preferred Risk Insurance Services: Company Profile

Website

www.priscorp.net

Founded In

1998

Employees

<25 employees

Industry

Financial Services

Headquarter Location

CLEARING

Revenue

$50 Million - $200 Million

Phone Number

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Preferred Risk Insurance Services's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.

With around 25 employees, you get hands-on experience in various aspects of financial services. I appreciate the autonomy and casual environment, but the company lacks clear career planning. Happy here!.

Commented in March 16, 2025

Participation is voluntary but well-attended. Management is responsive, but workload balance isn’t always perfect.

Commented in March 02, 2025

The team, and everyone is expected to multitask. It's refreshing to work for people who lead by example. There's a genuinely positive and energetic atmosphere in the office. The atmosphere is one of trust, professionalism, and positivity. Senior members are always willing to mentor and share their knowledge. The firm sponsors relevant certifications.

Commented in February 02, 2024

How Preferred Risk Insurance Services's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Preferred Risk Insurance Services’s pay competitiveness. Click on a company for a deeper dive.

CAMP JOY BIBLE CAMP

Avg. Salary: $77,758

OHIO OPERATING ENGINEERS HEALTH & WELFARE FUND

Avg. Salary: $83,221

CFSC

Avg. Salary: $98,057

GLOBALWING

Avg. Salary: $80,981

EVERGREEN CAPITAL, L.P.

Avg. Salary: $98,126

CFSC THE CHECK CASHING PLACE

MATCH FACTORS, INC.

MITCHELL BANK

EOS MANAGEMENT, L.P.

ENERGY SPECTRUM SECURITIES CORPORATION

Avg. Salary: $84,206

ENERGY SPECTRUM IV LLC

Avg. Salary: $83,822

FIDUS CAPITAL

Avg. Salary: $88,418

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

How does Preferred Risk Insurance Services'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
CAMP JOY BIBLE CAMP	$77,759	-12.1%	CAMP JOY BIBLE CAMP focuses strategically on recruiting and training entry-level apprentices.
OHIO OPERATING ENGINEERS HEALTH & WELFARE FUND	$83,221	-5.9%	Reflects market rates for standard general contracting, differing from specialized roles.
CFSC	$98,057	+10.8%	Adjusted for higher cost-of-living indices in CFSC's primary metro hubs.
GLOBALWING	$80,981	-8.5%	Typical compensation structure for smaller regional agencies like GLOBALWING.
Financial Services Industry	$121,514	+37.3%	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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Preferred Risk Insurance Services.

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Preferred Risk Insurance Services, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,700 - $2,600+	A significant portion of Preferred Risk Insurance Services salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$105 (CTA 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,225 - $5,025+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Preferred Risk Insurance Services

FAQ 1: What is the typical salary range (low to high) for most roles at Preferred Risk Insurance Services?

The typical annual salary range for most roles at Preferred Risk Insurance Services is approximately from $77,587 to $100,425. 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.

FAQ 2: How much does Preferred Risk Insurance Services pay compared to CAMP JOY BIBLE CAMP?

The average annual salary at Preferred Risk Insurance Services is $88,478, or an hourly wage of $43, in comparison to CAMP JOY BIBLE CAMP which pays $77,758 per year or $37 per hour.

FAQ 3: How does experience level affect salary at Preferred Risk Insurance Services?

Experience level is a significant factor in determining salary at Preferred Risk Insurance 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.

FAQ 4: How can I determine if a salary offer from Preferred Risk Insurance Services in Chicago is fair given the local cost of living?

To determine if a salary offer from Preferred Risk Insurance Services in Chicago is fair, first compare the gross salary to our data for similar roles at Preferred Risk Insurance Services and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

FAQ 5: Are the salaries listed for Preferred Risk Insurance Services on Salary.com pre-tax or after-tax?

All salary figures displayed for Preferred Risk Insurance Services, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.