Proctor Loan Protector Salary

Proctor Loan Protector Salary

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As of April 2026, the average annual salary for employees at Proctor Loan Protector in the United States is $121,502. This translates to an approximate hourly wage of $58. Salaries at Proctor Loan Protector typically range from $106,682 to $137,767 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Proctor Loan Protector Pay for Different Roles?

Explore detailed salary information for specific jobs at Proctor Loan Protector. Based on our data, the highest paying job is the Chief Executive Officer, with an annual salary of $940,535. 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 Proctor Loan Protector

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

Is Proctor Loan Protector’s Pay Competitive? Salary Benchmarking Analysis

How does Proctor Loan Protector'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
Foundation Risk Partners $108,803
-10.5%
Foundation Risk Partners operates with a leaner overhead structure, impacting base wage offers.
Global Atlantic Financial Group Ltd $143,759
+18.3%
Reflects a supply-demand imbalance for the specific talent Global Atlantic Financial Group Ltd targets.
CPR Insurance Group LLC $119,319
-1.8%
Indicates identical technical requirements and experience levels between the two firms.
Encova Insurance Co $119,414
-1.7%
Suggests Encova Insurance Co utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+1.9%
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 Proctor Loan Protector's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Proctor Loan Protector. Click a company name to learn more.

Employee Reviews: Working at Proctor Loan Protector

Considering a career at Proctor Loan Protector? 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.
Training is adequate, though not exceptional. Career advancement opportunities exist for those who take initiative. Strong ethics and employee-focused policies. Benefits are standard for the industry, and the workload is consistent.
Commented in March 07, 2025
16
1
The team is supportive, and the work environment is positive. I’ve had a rewarding experience here thanks to the collaborative team and forward-thinking leadership. Processes are efficient, and the team is cooperative. Compensation is competitive, and work-life balance is respected.
Commented in December 17, 2024
32
2
Highly recommend for anyone in the industry. I appreciate the company’s commitment to employee growth. Insurance products are reputable, and client interactions are straightforward.
Commented in November 23, 2024
14
1
Overall, it’s a solid place to build a career in the insurance industry. This is a reliable place to work in the insurance sector. I’ve had a great experience here. It’s a reliable employer with standard corporate perks—good for those who prefer consistency. There’s occasional flexibility in scheduling, which is appreciated. I’ve had opportunities to upskill through training programs, which have h...
Commented in May 11, 2024
8
0
The collaborative environment here is exceptional. The culture is welcoming, and there’s a strong sense of teamwork. Enjoy the team culture. Colleagues are professional, though team bonding is minimal. The company also prioritizes mental health with wellness programs.
Commented in March 30, 2024
24
3

Proctor Loan Protector Overview

Website
www.proctorlp.com
Founded In
1884
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
700 Tower Dr Troy Michigan MI 48098
Revenue
$1B - $3B
Phone Number
+1 8005216800
Social Media
About Proctor Loan Protector
Founded in 1884 and headquartered in Troy, Michigan, Proctor Financial (PFI) provides lender-placed hazard insurance options for borrower and bank-owned properties.

What Benefits Does Proctor Loan Protector Offer Beyond Salary?

A competitive compensation package is more than just a salary. Proctor Loan Protector 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 Proctor Loan Protector?
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What Is the Cost of Living Near Troy?

Understanding the cost of living near Troy is key to truly evaluating a salary offer or your current compensation at Proctor Loan Protector.
Troy's Cost of Living Index is approximately 107.3 (7.3% more expensive than US average; 17.5% more than MI average). Affluent Detroit suburb (Oakland Co.), major commercial/business center, high housing costs. SMART bus. When planning your budget based on a salary from Proctor Loan Protector, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Proctor Loan Protector salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,280+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Proctor Loan Protector

1. What is the typical salary range (low to high) for most roles at Proctor Loan Protector?

The typical annual salary range for most roles at Proctor Loan Protector is approximately from $106,682 to $137,767. 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 Proctor Loan Protector pay compared to Foundation Risk Partners?

The average annual salary at Proctor Loan Protector is $121,502, or an hourly wage of $58, in comparison to Foundation Risk Partners which pays $108,803 per year or $52 per hour.

3. Do salaries differ significantly between departments at Proctor Loan Protector?

Yes, salaries often differ between departments at Proctor Loan Protector 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 Proctor Loan Protector?

Experience level is a significant factor in determining salary at Proctor Loan Protector, 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 Proctor Loan Protector in Troy is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Proctor Loan Protector?

Several key factors influence salary levels at Proctor Loan Protector. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Proctor Loan Protector likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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