Rayls Insurance Salary

Rayls Insurance Salary

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As of August 2026, the average annual salary for employees at Rayls Insurance in the United States is $82,918. This translates to an approximate hourly wage of $40. Salaries at Rayls Insurance typically range from $72,960 to $93,759 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Rayls Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Rayls Insurance. Based on our data, the highest paying job is the Vice President, Commercial Sales, with an annual salary of $219,774. 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 Rayls Insurance

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

Is Rayls Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Rayls Insurance'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
CIRCA Ltd $101,925
+22.9%
Reflects structural premiums typical of CIRCA Ltd's large-cap national operations.
Pfenninger $84,057
+1.4%
Confirms Pfenninger is a direct competitor vying for the exact same talent pool.
Consolidated Union Inc $83,772
+1.0%
Suggests Consolidated Union Inc utilizes a highly similar base-plus-benefits compensation model.
Callistus Smith Agency Inc $85,165
+2.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Insurance Industry $123,858
+49.4%
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 Rayls Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Rayls Insurance

Considering a career at Rayls Insurance? 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.
The leadership team is transparent and encourages open communication. Benefits like tuition reimbursement and wellness incentives are valuable. Benefits are standard but reliable. The compensation is fair, with performance-based incentives. Workload distribution is fair, and colleagues are easy to work with.
Commented in February 06, 2025
20
1
The company also encourages volunteering, which fosters team bonding. The hybrid work arrangement is a plus, though more flexibility in scheduling could be beneficial. Friendly workplace, modern office. Colleagues are knowledgeable and willing to collaborate, making problem-solving much smoother. Processes are efficient, and the company maintains a professional atmosphere. It’s a reliable employer...
Commented in December 26, 2024
19
2
The company also offers good health benefits and performance incentives. A great place to work. A great employer overall. It’s a fantastic place for insurance professionals looking for growth and stability. Management is straightforward, with minimal micromanagement.
Commented in July 20, 2024
39
0

Rayls Insurance Overview

Website
www.raylsinsurance.com
Founded In
1947
Employees
<25 employees
Industry
Insurance
Headquarter Address
701 N Washington St Kokomo Indiana IN 46901
Revenue
<$5 Million
Phone Number
+1 7654525656
Social Media
About Rayls Insurance
Established in 1947. Home, Auto, Boats, Motorcycles, Umbrella, Business Insurance, Workers Compensation, Life Insurance, Disability Insurance, Health Insurance. Rayls Insurance was started in 1947 by Bill Rayls on North Main Street in Kokomo, IN. Jack Dean our current owner came to the agency at 701 N. Washington in 1980 and has helped lead the agency in this electronic age to a modern paperless a

What Benefits Does Rayls Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Rayls Insurance 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Rayls Insurance.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Rayls Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Rayls Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rayls Insurance

1. What is the typical salary range (low to high) for most roles at Rayls Insurance?

The typical annual salary range for most roles at Rayls Insurance is approximately from $72,960 to $93,759. 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 Rayls Insurance pay compared to CIRCA Ltd?

The average annual salary at Rayls Insurance is $82,918, or an hourly wage of $40, in comparison to CIRCA Ltd which pays $101,925 per year or $49 per hour.

3. How does experience level affect salary at Rayls Insurance?

Experience level is a significant factor in determining salary at Rayls Insurance, 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.

4. How can I determine if a salary offer from Rayls Insurance in Indianapolis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Rayls Insurance?

Several key factors influence salary levels at Rayls Insurance. 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: Rayls Insurance 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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