Rickard Insurance Salary

As of August 2026, the average annual salary for employees at Rickard Insurance in the United States is $92,717. This translates to an approximate hourly wage of $45. Salaries at Rickard Insurance typically range from $81,574 to $104,831 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Rickard Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Rickard Insurance. Based on our data, the highest paying job is the President, with an annual salary of $717,710. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Rickard Insurance

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

Is Rickard Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Rickard 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
Angers & Litz Associates Inc $91,810
-1.0%
Confirms Angers & Litz Associates Inc is a direct competitor vying for the exact same talent pool.
Russ Black Insurance Inc $84,479
-8.9%
Russ Black Insurance Inc may offer non-monetary perks in lieu of competitive base salaries.
Moore's Insurance and Investments $85,597
-7.7%
Moore's Insurance and Investments operates with a leaner overhead structure, impacting base wage offers.
MGW Insurance Services LLC $99,868
+7.7%
Reflects structural premiums typical of MGW Insurance Services LLC's large-cap national operations.
Insurance Industry $123,858
+33.6%
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 Rickard Insurance

Considering a career at Rickard 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.
I highly recommend this employer to anyone in the insurance field. While innovation is gradual, the focus on reliability is a strength. Leadership truly cares about employees. I’ve developed valuable skills here and feel motivated to contribute long-term.
Strong company culture with growth opportunities. The insurance products are reliable, aiding client relationships. Leadership communicates clearly, and there’s a sense of purpose in our work. Salaries are competitive, and there are clear paths for advancement.
The insurance industry expertise here is impressive, and ongoing training keeps skills sharp. Training is sufficient, and the company follows industry standards well. Benefits are standard for the industry, and the team is cooperative. I’d highly recommend this employer to others. The compensation is fair, with performance-based incentives. The leadership team is accessible and values feedback, wh...

Rickard Insurance Overview

Website
www.rickardinsurance.com
Founded In
1933
Employees
<25 employees
Industry
Insurance
Headquarter Address
2088a Curry Rd Schenectady New York NY 12303
Revenue
<$5 Million
Phone Number
+1 5183561900
Social Media
About Rickard Insurance
Here at Rickard Insurance, we are dedicated to you and all your different insurance needs. We've been around for over 80 years and we're here because of you, the customer. We have thrived on award winning customer service since day one when Jay Rickard founded our agency right here in Schenectady NY in 1933. To this day we are still family owned and operated.

What Benefits Does Rickard Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Rickard 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 Schenectady?

Understanding the cost of living near Schenectady is key to truly evaluating a salary offer or your current compensation at Rickard Insurance.
Schenectady's Cost of Living Index is approximately 89.8 (10.2% less expensive than US average; 28.2% less than NY average). Capital District city, affordable housing. CDTA bus. When planning your budget based on a salary from Rickard Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Rickard Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (CDTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,335 - $3,685+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rickard Insurance

1. What is the average salary for employees at Rickard Insurance?

The average annual total compensation for employees at Rickard Insurance is approximately $92,717. However, this is an aggregate figure, actual salaries can range significantly, typically from $81,574 to $104,831, depending on factors like job role, experience, and location.

2. How much does Rickard Insurance pay compared to Angers & Litz Associates Inc?

The average annual salary at Rickard Insurance is $92,717, or an hourly wage of $45, in comparison to Angers & Litz Associates Inc which pays $91,810 per year or $44 per hour.

3. How does having a professional certification impact salary for relevant roles at Rickard Insurance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Rickard Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Rickard Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Schenectady?

While some companies offer formal COLA, many, including potentially Rickard Insurance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Rickard Insurance?

Most companies, likely including Rickard Insurance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.