Schonning Insurance Salary

Schonning Insurance Salary

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As of August 2026, the average annual salary for employees at Schonning Insurance in the United States is $96,915. This translates to an approximate hourly wage of $47. Salaries at Schonning Insurance typically range from $85,267 to $109,574 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Schonning Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Schonning Insurance. Based on our data, the highest paying job is the Account Manager, with an annual salary of $93,837. 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 Schonning Insurance

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

Is Schonning Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Schonning 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
Graham Insurance Inc $95,301
-1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Meridien Benefits Inc $95,217
-1.8%
Confirms Meridien Benefits Inc is a direct competitor vying for the exact same talent pool.
RISCO Insurance Brokerage Inc $93,487
-3.5%
RISCO Insurance Brokerage Inc operates with a leaner overhead structure, impacting base wage offers.
Sarasota Health & Financial Services $86,683
-10.6%
Typical compensation structure for smaller regional agencies like Sarasota Health & Financial Services.
Insurance Industry $123,858
+27.8%
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 Schonning Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Schonning Insurance

Considering a career at Schonning 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.
Colleagues are supportive, making it a pleasant workplace. The insurance products are reputable, which helps in client interactions. I’ve had a fantastic experience here. I appreciate the company’s commitment to employee well-being. Flexible work options and strong benefits add to the appeal.
Commented in February 24, 2025
30
2
Management communicates company updates regularly, though decision-making can sometimes take longer than expected. Enjoy the work-life balance here. Career growth is encouraged, and the office culture is welcoming. The team is collaborative, and there’s a strong sense of mutual respect. The leadership team is supportive, and the work culture is inclusive. Benefits are excellent, and growth opportu...
Commented in July 17, 2024
26
1
Employees are recognized for their contributions, and career advancement is actively supported. Supportive managers, clear goals. The insurance training programs are thorough, and career advancement is encouraged. The company also invests in employee development through workshops and certifications. The office space is modern, and remote work options are a big plus.
Commented in February 05, 2024
15
0

Schonning Insurance Overview

Website
www.schonninginsurance.com
Founded In
1987
Employees
<25 employees
Industry
Insurance
Headquarter Address
90 Airport Rd Westerly Rhode Island RI 02891
Revenue
$5 Million - $10 Million
Phone Number
+1 4013482000
Social Media
About Schonning Insurance
Schonning Insurance is an independent, full service agency dedicated to providing you with top insurance coverages in both Rhode Island and Connecticut. As an independent insurance brokerage we have access to many insurance carriers, allowing us to offer you the best rates. Insurance is our passion and our extensive network of providers ensures that we can provide the best options for you, our val

What Benefits Does Schonning Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Schonning 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)
Work at Schonning Insurance?
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What Is the Cost of Living Near Westerly?

Understanding the cost of living near Westerly is key to truly evaluating a salary offer or your current compensation at Schonning Insurance.
Westerly's Cost of Living Index is approximately 115.9 (15.9% more expensive than US average; 6.8% more than RI average). Coastal town bordering CT, beaches, housing above US avg. RIPTA bus, Amtrak. When planning your budget based on a salary from Schonning Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,300+ A significant portion of Schonning Insurance salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,000 - $4,760+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Schonning Insurance

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

The typical annual salary range for most roles at Schonning Insurance is approximately from $85,267 to $109,574. 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 Schonning Insurance pay compared to Graham Insurance Inc?

The average annual salary at Schonning Insurance is $96,915, or an hourly wage of $47, in comparison to Graham Insurance Inc which pays $95,301 per year or $46 per hour.

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

Experience level is a significant factor in determining salary at Schonning 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 Schonning Insurance in Westerly is fair given the local cost of living?

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

5. What factors influence salary increases at Schonning Insurance?

Salary increases at Schonning Insurance are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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