| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Cajun Underwriters Reciprocal Exchange | $86,578 |
+3.6%
|
Reflects structural premiums typical of Cajun Underwriters Reciprocal Exchange's large-cap national operations. |
| Gimlin & Udy Insurance Agency Inc | $97,136 |
+16.2%
|
Data suggests Gimlin & Udy Insurance Agency Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Council Services Plus Inc | $92,221 |
+10.3%
|
Reflects a supply-demand imbalance for the specific talent Council Services Plus Inc targets. |
| Align Risk Solutions | $83,298 |
-0.4%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Insurance Industry | $123,858 |
+48.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,578 / year
Salary Range: $76,176 - $97,893
Tampa, FL
$97,136 / year
Salary Range: $85,459 - $109,830
Camarillo, CA
$92,221 / year
Salary Range: $81,143 - $104,282
Menands, NY
$83,298 / year
Salary Range: $73,290 - $94,186
Nashville, TN
$84,658 / year
Salary Range: $74,490 - $95,722
Nashville, TN
$83,487 / year
Salary Range: $73,455 - $94,393
Franklin, TN
$85,323 / year
Salary Range: $75,068 - $96,466
Belfast, TN
$81,684 / year
Salary Range: $71,870 - $92,357
Oak Ridge, TN
$84,753 / year
Salary Range: $74,573 - $95,832
Knoxville, TN
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,800 - $2,700+ | A significant portion of Shellnut Insurance and Associates salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | Limited local, WeGo access | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $650 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $480 - $850+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $740+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,300 - $5,170+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Shellnut Insurance and Associates is approximately $83,593. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,556 to $94,527, depending on factors like job role, experience, and location.
The average annual salary at Shellnut Insurance and Associates is $83,593, or an hourly wage of $40, in comparison to Cajun Underwriters Reciprocal Exchange which pays $86,578 per year or $42 per hour.
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 Shellnut Insurance and Associates for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Shellnut Insurance and Associates, 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.
Most companies, likely including Shellnut Insurance and Associates, 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.
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