| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| McGowan Program Administrators | $91,546 |
+1.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Waypoint Benefit Solutions | $88,065 |
-2.0%
|
Confirms Waypoint Benefit Solutions is a direct competitor vying for the exact same talent pool. |
| Rogerswood & Associates | $87,422 |
-2.7%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Grady Wright & Associates Inc | $91,799 |
+2.1%
|
Suggests Grady Wright & Associates Inc utilizes a highly similar base-plus-benefits compensation model. |
| Insurance Industry | $123,858 |
+37.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,546 / year
Salary Range: $80,547 - $103,502
$88,065 / year
Salary Range: $77,487 - $99,575
Dublin, OH
$87,422 / year
Salary Range: $76,919 - $98,844
Acworth, GA
$91,799 / year
Salary Range: $80,767 - $103,795
Glen Burnie, MD
$84,964 / year
Salary Range: $74,756 - $96,064
Englewood, FL
$84,300 / year
Salary Range: $74,170 - $95,320
New Haven, IN
$112,842 / year
Salary Range: $99,287 - $127,585
Burlingame, CA
$83,762 / year
Salary Range: $73,693 - $94,710
Sebring, FL
$86,230 / year
Salary Range: $75,865 - $97,490
Asheboro, NC
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) | $1,300 - $1,900+ | A significant portion of Specialty Insurance Partners salary. Location choices impact this heavily. |
| Utilities (Basic) | $120 - $210 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $60 (MMT monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $670+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,590 - $4,020+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Specialty Insurance Partners is approximately from $79,090 to $101,636. 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.
The average annual salary at Specialty Insurance Partners is $89,890, or an hourly wage of $43, in comparison to McGowan Program Administrators which pays $91,546 per year or $44 per hour.
Experience level is a significant factor in determining salary at Specialty Insurance Partners, 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.
To determine if a salary offer from Specialty Insurance Partners in Colorado Springs is fair, first compare the gross salary to our data for similar roles at Specialty Insurance Partners and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Colorado Springs" to understand its purchasing power.
An individual's actual salary at Specialty Insurance Partners 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.
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