Professional Risk Placements Salary

As of July 2026, the average annual salary for employees at Professional Risk Placements in the United States is $90,681. This translates to an approximate hourly wage of $44. Salaries at Professional Risk Placements typically range from $79,769 to $102,563 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Professional Risk Placements

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Is Professional Risk Placements’s Pay Competitive? Salary Benchmarking Analysis

How does Professional Risk Placements'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
Pledge Insurance Services $101,356
+11.8%
Reflects structural premiums typical of Pledge Insurance Services's large-cap national operations.
TenPoint Insurance Solutions LLC $91,303
+0.7%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Commission $106,714
+17.7%
Reflects a supply-demand imbalance for the specific talent Insurance Commission targets.
Insurance Discuss Systems $96,820
+6.8%
Influenced by prevailing union wage agreements specific to Insurance Discuss Systems's sector.
Insurance Industry $123,858
+36.6%
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.

Employee Reviews: Working at Professional Risk Placements

Considering a career at Professional Risk Placements? 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.
Benefits meet industry expectations, though more professional development options would be welcome. Compensation is fair, with opportunities for bonuses. The leadership is transparent about company goals, and employees are kept in the loop through regular updates. The insurance industry is fast-paced, but teamwork makes it manageable. Benefits, including retirement plans and wellness programs, are...
Team collaboration is strong, and the company hosts engaging team-building events. The company invests in technology, making workflows efficient. Colleagues are professional, though social interactions are limited. The company operates with a focus on compliance and efficiency. The leadership team is accessible and values feedback, which fosters a positive workplace culture. The team is competent,...
The company culture is supportive, and employees are treated with respect. This company provides stability and growth opportunities in the insurance sector. The leadership team is inspiring, and the work environment is inclusive.

Professional Risk Placements Overview

Website
www.mcgowanrisk.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
20595 Lorain Rd Cleveland Ohio OH 44126
Revenue
<$5 Million
Phone Number
+1 7324509730
Social Media
About Professional Risk Placements
Professional Risk Placements is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Cleveland, Ohio.

What Benefits Does Professional Risk Placements Offer Beyond Salary?

A competitive compensation package is more than just a salary. Professional Risk Placements 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Professional Risk Placements.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Professional Risk Placements, 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 Professional Risk Placements salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA 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 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Professional Risk Placements

1. What is the typical salary range (low to high) for most roles at Professional Risk Placements?

The typical annual salary range for most roles at Professional Risk Placements is approximately from $79,769 to $102,563. 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 Professional Risk Placements pay compared to Pledge Insurance Services?

The average annual salary at Professional Risk Placements is $90,681, or an hourly wage of $44, in comparison to Pledge Insurance Services which pays $101,356 per year or $49 per hour.

3. Do salaries differ significantly between departments at Professional Risk Placements?

Yes, salaries often differ between departments at Professional Risk Placements 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 Professional Risk Placements?

Experience level is a significant factor in determining salary at Professional Risk Placements, 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 Professional Risk Placements in Cleveland is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Professional Risk Placements?

Several key factors influence salary levels at Professional Risk Placements. 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: Professional Risk Placements likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.