Sorensen Flexible Benefits Ltd Salary

As of August 2026, the average annual salary for employees at Sorensen Flexible Benefits Ltd in the United States is $89,109. This translates to an approximate hourly wage of $43. Salaries at Sorensen Flexible Benefits Ltd typically range from $78,403 to $100,758 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Sorensen Flexible Benefits Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Sorensen Flexible Benefits Ltd. Based on our data, the highest paying job is the Manager, Employee Benefits, with an annual salary of $100,684. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Sorensen Flexible Benefits Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Sorensen Flexible Benefits Ltd'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
NexClaim Recoveries LLC $96,219
+8.0%
Reflects structural premiums typical of NexClaim Recoveries LLC's large-cap national operations.
von Halle Brokerage Group $103,486
+16.1%
Reflects a supply-demand imbalance for the specific talent von Halle Brokerage Group targets.
Meyer & Associates Insurance Agency LLC $85,460
-4.1%
Meyer & Associates Insurance Agency LLC focuses strategically on recruiting and training entry-level apprentices.
Hadfield Agency Inc $84,700
-4.9%
Hadfield Agency Inc likely leverages performance bonuses over the high base salary shown here.
Insurance Industry $123,858
+39.0%
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 Sorensen Flexible Benefits Ltd

Considering a career at Sorensen Flexible Benefits Ltd? 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 organization is large enough to provide job security but can sometimes feel bureaucratic due to its size. The company offers standard benefits, and the office environment is functional. This company values its employees and provides meaningful growth opportunities. I’ve had opportunities to attend industry conferences and training sessions, which have helped me grow in my role.
The company also invests in employee growth through training programs and certifications. Colleagues are supportive, and the open-door policy with upper management makes communication seamless. Training opportunities exist, but they could be more frequent. The insurance training is top-notch, and leadership is transparent. The company offers a positive work environment with strong team dynamics. A...
A great employer for those passionate about insurance. Colleagues are professional, and teamwork is encouraged. My experience here has been stable and reliable. The compensation is competitive, and benefits like wellness programs add value.

Sorensen Flexible Benefits Ltd Overview

Website
www.sorensenbenefits.com
Founded In
1978
Employees
<25 employees
Industry
Insurance
Headquarter Address
318 Plum St Red Wing Minnesota MN 55066
Revenue
<$5 Million
Phone Number
+1 6513887103
Social Media
About Sorensen Flexible Benefits Ltd
Peter A. Sorensen, Owner Hello, my name is Peter Sorensen and I am an Employee Benefit/Financial Advisor. Our organization consists of two business divisions: Sorensen Flexible Benefits and Sorensen Financial Services. My career in the insurance and financial services industry began over 30 years ago in 1978. I was introduced to this business by my []

What Benefits Does Sorensen Flexible Benefits Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sorensen Flexible Benefits Ltd 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 Sorensen Flexible Benefits Ltd?
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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Sorensen Flexible Benefits Ltd.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Sorensen Flexible Benefits Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Sorensen Flexible Benefits Ltd salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sorensen Flexible Benefits Ltd

1. What is the typical salary range (low to high) for most roles at Sorensen Flexible Benefits Ltd?

The typical annual salary range for most roles at Sorensen Flexible Benefits Ltd is approximately from $78,403 to $100,758. 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 Sorensen Flexible Benefits Ltd pay compared to NexClaim Recoveries LLC?

The average annual salary at Sorensen Flexible Benefits Ltd is $89,109, or an hourly wage of $43, in comparison to NexClaim Recoveries LLC which pays $96,219 per year or $46 per hour.

3. How does experience level affect salary at Sorensen Flexible Benefits Ltd?

Experience level is a significant factor in determining salary at Sorensen Flexible Benefits Ltd, 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 Sorensen Flexible Benefits Ltd in Minneapolis is fair given the local cost of living?

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

5. Why might an individual's actual salary at Sorensen Flexible Benefits Ltd differ from the ranges shown here?

An individual's actual salary at Sorensen Flexible Benefits Ltd can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.