Sumitomo Mitsui Trust Salary

Sumitomo Mitsui Trust Salary

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As of August 2026, the average annual salary for employees at Sumitomo Mitsui Trust in the United States is $108,824. This translates to an approximate hourly wage of $52. Salaries at Sumitomo Mitsui Trust typically range from $95,750 to $123,049 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Sumitomo Mitsui Trust Pay for Different Roles?

Explore detailed salary information for specific jobs at Sumitomo Mitsui Trust. Based on our data, the highest paying job is the Executive Officer, with an annual salary of $842,391. 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 Mitsui Trust

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

Is Sumitomo Mitsui Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Sumitomo Mitsui Trust'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
Tim Presko Insurance $89,795
-17.5%
Tim Presko Insurance may offer non-monetary perks in lieu of competitive base salaries.
ALIA Riverton Insurance Agency Corp $98,202
-9.8%
Reflects market rates for standard general contracting, differing from specialized roles.
Second Opinion Insurance Agency $88,297
-18.9%
Second Opinion Insurance Agency likely leverages performance bonuses over the high base salary shown here.
Kerr Insurance Inc $95,797
-12.0%
Kerr Insurance Inc focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+13.8%
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 Mitsui Trust's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sumitomo Mitsui Trust

Considering a career at Sumitomo Mitsui Trust? 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.
It is dynamic, it’s a reliable employer with reasonable expectations. The culture is friendly, and management is open to feedback. The company operates efficiently, and the workload is reasonable. It’s a forward-thinking workplace with strong job security.
Commented in February 23, 2025
33
2
Managers are supportive and encourage professional development. While there aren’t many extra perks, the job provides consistency, which can be a plus for many. Work-life balance is respected, making this a great long-term career option. The company is stable, with clear workflows.
Commented in October 19, 2024
45
2
This company is a fantastic place to work. A top employer in the field. The benefits, including retirement plans, are competitive. I’ve enjoyed my time here due to the strong teamwork and supportive management. Leadership is accessible, and teamwork is strong. The workplace culture is friendly, and there’s a strong emphasis on teamwork.
Commented in July 28, 2024
8
3

Sumitomo Mitsui Trust Overview

Website
www.sumitrust-am.com
Founded In
1991
Employees
<25 employees
Industry
Insurance
Headquarter Address
1251 Avenue of the Americas New York City New York NY 10020
Revenue
$5 Million - $10 Million
Phone Number
+1 2124183030
Social Media
About Sumitomo Mitsui Trust
Sumitomo Mitsui Trust Asset Management Co., Ltd. Commodity Investment Advisor License The Minister of Economy, Trade and Industry #(1) No.25 Member : The Investment Trusts Association, Japan

What Benefits Does Sumitomo Mitsui Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sumitomo Mitsui Trust 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Sumitomo Mitsui Trust.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Sumitomo Mitsui Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Sumitomo Mitsui Trust salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sumitomo Mitsui Trust

1. What is the estimated average total compensation at Sumitomo Mitsui Trust?

Salary.com estimates that the average total compensation package at Sumitomo Mitsui Trust, which can include base salary, potential bonuses, and benefits, is around $108,824 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Sumitomo Mitsui Trust pay compared to Tim Presko Insurance?

The average annual salary at Sumitomo Mitsui Trust is $108,824, or an hourly wage of $52, in comparison to Tim Presko Insurance which pays $89,795 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Sumitomo Mitsui Trust?

Salary progression from an entry-level to a senior role at Sumitomo Mitsui Trust can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Sumitomo Mitsui Trust in New York is fair given the local cost of living?

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

5. Are promotions at Sumitomo Mitsui Trust usually accompanied by a significant salary increase?

Yes, promotions at Sumitomo Mitsui Trust are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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