Sumitomo Life Salary

Sumitomo Life Salary

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As of August 2026, the average annual salary for employees at Sumitomo Life in the United States is $101,303. This translates to an approximate hourly wage of $49. Salaries at Sumitomo Life typically range from $89,134 to $114,537 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Sumitomo Life Pay for Different Roles?

Explore detailed salary information for specific jobs at Sumitomo Life. Based on our data, the highest paying job is the Manager, Accounting, with an annual salary of $114,613. 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 Sumitomo Life

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

Is Sumitomo Life’s Pay Competitive? Salary Benchmarking Analysis

How does Sumitomo Life'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
Medicare Advisors of Alabama LLC $84,764
-16.3%
Reflects market rates for standard general contracting, differing from specialized roles.
B F Re Underwriters LLC $103,022
+1.7%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Innergy Financial $97,980
-3.3%
Innergy Financial may offer non-monetary perks in lieu of competitive base salaries.
TM Professionals $99,425
-1.9%
Suggests TM Professionals utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+22.3%
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 Sumitomo Life's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sumitomo Life

Considering a career at Sumitomo Life? 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 team atmosphere is positive, and managers are supportive. A great environment for long-term career development. Managers are approachable, and employees are encouraged to share ideas. It’s a good choice for those seeking a low-drama, steady work environment.
Commented in March 01, 2025
35
3
My experience at this company has been very positive. The office space is bright and ergonomic, making it a pleasant place to work. Communication from upper management is consistent, though more feedback channels would be beneficial. The office culture is inclusive, with team-building activities that make the workplace enjoyable. A great place to advance professionally. Working here has been a pos...
Commented in December 15, 2024
40
1
It is innovative, the company provides stability and fair compensation. Working at this insurance company has been a great experience. My experience here has been steady.
Commented in January 06, 2024
48
2

Sumitomo Life Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
970 W 190th St Torrance California CA 90502
Revenue
<$5 Million
Phone Number
+1 3107683369
Social Media
About Sumitomo Life
Sumitomo Life is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Torrance, California.

What Benefits Does Sumitomo Life Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sumitomo Life 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)
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What Is the Cost of Living Near Torrance?

Understanding the cost of living near Torrance is key to truly evaluating a salary offer or your current compensation at Sumitomo Life.
Torrance's Cost of Living Index is approximately 159.2 (59.2% more expensive than US average; 13.9% more than CA average). South Bay LA County city, high housing costs due to desirable location, good schools, and proximity to beaches/employment. When planning your budget based on a salary from Sumitomo Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of Sumitomo Life salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Torrance Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,650 - $5,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sumitomo Life

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

The typical annual salary range for most roles at Sumitomo Life is approximately from $89,134 to $114,537. 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 Sumitomo Life pay compared to Medicare Advisors of Alabama LLC?

The average annual salary at Sumitomo Life is $101,303, or an hourly wage of $49, in comparison to Medicare Advisors of Alabama LLC which pays $84,764 per year or $41 per hour.

3. Do salaries differ significantly between departments at Sumitomo Life?

Yes, salaries often differ between departments at Sumitomo Life due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Sumitomo Life?

Experience level is a significant factor in determining salary at Sumitomo Life, 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.

5. How can I determine if a salary offer from Sumitomo Life in Torrance is fair given the local cost of living?

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

6. What factors influence salary increases at Sumitomo Life?

Salary increases at Sumitomo Life 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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