Security Mutual Insurance Association Salary

As of October 2026, the average annual salary for employees at Security Mutual Insurance Association in the United States is $80,587. This translates to an approximate hourly wage of $39. Salaries at Security Mutual Insurance Association typically range from $70,907 to $91,125 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Security Mutual Insurance Association Pay for Different Roles?

Explore detailed salary information for specific jobs at Security Mutual Insurance Association. Based on our data, the highest paying job is the Office Assistant, with an annual salary of $31,317. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Security Mutual Insurance Association’s Pay Competitive? Salary Benchmarking Analysis

How does Security Mutual Insurance Association'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
Wells Fargo Insurance Services $100,491
+24.7%
Data suggests Wells Fargo Insurance Services's workforce skews heavily towards veteran, high-tenure roles.
Loyalty MGA LLC $87,380
+8.4%
Reflects structural premiums typical of Loyalty MGA LLC's large-cap national operations.
Cornerstone Assurance Group $93,012
+15.4%
Adjusted for higher cost-of-living indices in Cornerstone Assurance Group's primary metro hubs.
Alliance Mutual Insurance Association $84,859
+5.3%
Influenced by prevailing union wage agreements specific to Alliance Mutual Insurance Association's sector.
Insurance Industry $123,858
+53.7%
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 Security Mutual Insurance Association

Considering a career at Security Mutual Insurance Association? 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 company is well-run, with a focus on efficiency. Strong ethics and employee-focused policies. Coworkers are friendly and create a pleasant work atmosphere. Benefits are above average, and career growth is possible. Colleagues are competent, though interactions are minimal. There’s a real sense of community, and leadership is transparent about company direction. The company encourages innovatio...
A stable employer for professionals. Colleagues are professional, and turnover is low. The work environment is collaborative, and management values employee input. Teamwork is emphasized, great for career growth. Leadership is accessible, and professional growth is encouraged.
The insurance industry knowledge here is top-tier, making daily tasks engaging. It’s a reliable workplace for those seeking steady employment. The work-life balance is respected, with flexible scheduling options for those who need it.

Security Mutual Insurance Association Overview

Website
www.securitymutualins.com
Founded In
1913
Employees
<25 employees
Industry
Insurance
Headquarter Address
101 Cherry St Allison Iowa IA 50602
Revenue
<$5 Million
Phone Number
+1 3192672035
Social Media
About Security Mutual Insurance Association
Security Mutual Insurance Association in Allison, Iowa, is the areas leading insurance agency serving Allison, Waverly, Cedar Falls and surrounding areas since 1876. We offer property, casualty, personal and business insurance. For all your insurance needs, contact Security Mutual Insurance Association in Allison today!

What Benefits Does Security Mutual Insurance Association Offer Beyond Salary?

A competitive compensation package is more than just a salary. Security Mutual Insurance Association 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 Security Mutual Insurance Association?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

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 Security Mutual Insurance Association.
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 Security Mutual Insurance Association, 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 Security Mutual Insurance Association 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 Security Mutual Insurance Association

1. What is the average salary for employees at Security Mutual Insurance Association?

The average annual total compensation for employees at Security Mutual Insurance Association is approximately $80,587. However, this is an aggregate figure, actual salaries can range significantly, typically from $70,907 to $91,125, depending on factors like job role, experience, and location.

2. How much does Security Mutual Insurance Association pay compared to Wells Fargo Insurance Services?

The average annual salary at Security Mutual Insurance Association is $80,587, or an hourly wage of $39, in comparison to Wells Fargo Insurance Services which pays $100,491 per year or $48 per hour.

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

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 Security Mutual Insurance Association for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Security Mutual Insurance Association offer cost-of-living adjustments (COLA) for employees in high-cost areas like Des Moines?

While some companies offer formal COLA, many, including potentially Security Mutual Insurance Association, 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 Security Mutual Insurance Association?

Most companies, likely including Security Mutual Insurance Association, 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.