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Sammons Financial Group Inc Salary

Sammons Financial Group Inc Salary

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As of August 2026, the average annual salary for employees at Sammons Financial Group Inc in the United States is $112,146. This translates to an approximate hourly wage of $54. Salaries at Sammons Financial Group Inc typically range from $98,480 to $127,134 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Sammons Financial Group Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Sammons Financial Group Inc. Based on our data, the highest paying job is the Senior Vice President, General Counsel & Secretary, with an annual salary of $395,585. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Sammons Financial Group Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Sammons Financial Group Inc'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
IlliniCare Health Plan Inc $128,306
+14.4%
Reflects a supply-demand imbalance for the specific talent IlliniCare Health Plan Inc targets.
Blue Cross Blue Shield Of Kansas Inc $113,897
+1.6%
Suggests Blue Cross Blue Shield Of Kansas Inc utilizes a highly similar base-plus-benefits compensation model.
North American Company For Life & Health Insurance $106,355
-5.2%
North American Company For Life & Health Insurance focuses strategically on recruiting and training entry-level apprentices.
Trustmark Benefits $121,270
+8.1%
Supported by Trustmark Benefits's high-margin contracts allowing higher overhead.
Insurance Industry $123,858
+10.4%
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 Sammons Financial Group Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sammons Financial Group Inc

Considering a career at Sammons Financial Group Inc? 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’d recommend this company to professionals seeking growth in insurance. A fulfilling place to work in the insurance sector. The leadership is forward-thinking, and employees are given meaningful opportunities to contribute. The insurance products are high-quality, and client interactions are rewarding.
Commented in April 06, 2025
16
1
It’s rare to find such a balanced and employee-focused company in this sector. Managers are fair and provide clear guidance, which helps in meeting targets efficiently. Salaries are competitive, and there are clear paths for advancement. Compensation aligns with industry standards, and benefits like health coverage are satisfactory. Team dynamics are positive, and management is approachable. The i...
Commented in October 13, 2024
25
0
The office culture is collaborative, and management is approachable. The workplace operates efficiently with clear expectations. The workplace is organized, with clear expectations. Compensation is fair, and there are performance-based bonuses. This company fosters a supportive culture where employees feel valued.
Commented in September 02, 2024
49
2
For anyone in the insurance field, this is a top-tier employer. The insurance sector can be routine, but the workload is manageable. The work-life balance is respected, and the office environment is collaborative.
Commented in February 15, 2024
16
3

Sammons Financial Group Inc Overview

Website
www.sammonsfinancialgroup.com
Founded In
2016
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
8300 Mills Civic Pkwy West Des Moines Iowa IA 50266
Revenue
$500 Million - $1B
Phone Number
+1 8007203955
Social Media
About Sammons Financial Group Inc
Your life is made up of many moments. Some are simple: the smile of a child enjoying an ice cream cone, walking hand-in-hand with a loved one through your favorite park, the friendly wag of your dog's tail as she greets you at the front door. Other moments are deeply memorable: your first kiss, the birth of a child, your wedding day, college graduation, retirement. Moments are precious. Moments ma

What Benefits Does Sammons Financial Group Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sammons Financial Group Inc 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 Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Sammons Financial Group Inc.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Sammons Financial Group Inc, 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 Sammons Financial Group Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART 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 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sammons Financial Group Inc

1. What is the estimated average total compensation at Sammons Financial Group Inc?

Salary.com estimates that the average total compensation package at Sammons Financial Group Inc, which can include base salary, potential bonuses, and benefits, is around $112,146 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Sammons Financial Group Inc pay compared to IlliniCare Health Plan Inc?

The average annual salary at Sammons Financial Group Inc is $112,146, or an hourly wage of $54, in comparison to IlliniCare Health Plan Inc which pays $128,306 per year or $62 per hour.

3. Do salaries differ significantly between departments at Sammons Financial Group Inc?

Yes, salaries often differ between departments at Sammons Financial Group Inc 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Sammons Financial Group Inc?

Salary progression from an entry-level to a senior role at Sammons Financial Group Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Sammons Financial Group Inc in Des Moines is fair given the local cost of living?

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

6. Are promotions at Sammons Financial Group Inc usually accompanied by a significant salary increase?

Yes, promotions at Sammons Financial Group Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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