Svea Mutual Insurance Co Salary

Svea Mutual Insurance Co Salary

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As of August 2026, the average annual salary for employees at Svea Mutual Insurance Co in the United States is $85,154. This translates to an approximate hourly wage of $41. Salaries at Svea Mutual Insurance Co typically range from $74,921 to $96,271 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Svea Mutual Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Svea Mutual Insurance Co. Based on our data, the highest paying job is the Office Administrator, with an annual salary of $117,900. 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 Svea Mutual Insurance Co

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

Is Svea Mutual Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Svea Mutual Insurance Co'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
Aspen Insurance Services Inc $93,592
+9.9%
Data suggests Aspen Insurance Services Inc's workforce skews heavily towards veteran, high-tenure roles.
Winooski Insurance $90,344
+6.1%
Influenced by prevailing union wage agreements specific to Winooski Insurance's sector.
PolicyFly Inc $109,235
+28.3%
Reflects a supply-demand imbalance for the specific talent PolicyFly Inc targets.
Bedford Grange Mutual Insurance Co $83,519
-1.9%
Confirms Bedford Grange Mutual Insurance Co is a direct competitor vying for the exact same talent pool.
Insurance Industry $123,858
+45.5%
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 Svea Mutual Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Svea Mutual Insurance Co

Considering a career at Svea Mutual Insurance Co? 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.
Training programs are thorough, and there’s a strong emphasis on teamwork. The workplace is structured, and expectations are clear. The office atmosphere is welcoming, and there are regular team-building activities that help strengthen colleague relationships. The office environment is comfortable, and processes are efficient. Compensation is market-appropriate, though not groundbreaking.
Commented in May 19, 2025
43
2
A forward-thinking employer. The team atmosphere is positive, and managers are supportive. The company also offers remote work options, which improves productivity. The insurance products are top-notch, which makes client work rewarding. Management communicates expectations clearly, and processes are well-structured. Career advancement opportunities are available for those who seek them. Decent wo...
Commented in September 19, 2024
32
1
The insurance training is top-notch, with access to industry certifications. No major issues. The insurance sector is competitive, but the team excels. The office atmosphere is welcoming, and remote work flexibility is a plus. With thousands of employees, networking opportunities are plentiful, and mentorship programs help newer hires integrate smoothly.
Commented in January 23, 2024
45
0

Svea Mutual Insurance Co Overview

Website
www.sveamutual.com
Founded In
1896
Employees
<25 employees
Industry
Insurance
Headquarter Address
1103 4th St Orion Illinois IL 61273
Revenue
$5 Million - $10 Million
Phone Number
+1 3095263366
Social Media
About Svea Mutual Insurance Co
As you can see, Svea Mutual has been servicing their policyholders for over 145 years. Go to the "Find an Agent" link on our website for an agent near you. We are the "The Company that SERVICE Built".

What Benefits Does Svea Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Svea Mutual Insurance Co 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 Svea Mutual Insurance Co?
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What Is the Cost of Living Near Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at Svea Mutual Insurance Co.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from Svea Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Svea Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) 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) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Svea Mutual Insurance Co

1. What is the typical salary range (low to high) for most roles at Svea Mutual Insurance Co?

The typical annual salary range for most roles at Svea Mutual Insurance Co is approximately from $74,921 to $96,271. 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 Svea Mutual Insurance Co pay compared to Aspen Insurance Services Inc?

The average annual salary at Svea Mutual Insurance Co is $85,154, or an hourly wage of $41, in comparison to Aspen Insurance Services Inc which pays $93,592 per year or $45 per hour.

3. Do salaries differ significantly between departments at Svea Mutual Insurance Co?

Yes, salaries often differ between departments at Svea Mutual Insurance Co 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 Svea Mutual Insurance Co?

Experience level is a significant factor in determining salary at Svea Mutual Insurance Co, 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 Svea Mutual Insurance Co in Aurora is fair given the local cost of living?

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

6. Why might an individual's actual salary at Svea Mutual Insurance Co differ from the ranges shown here?

An individual's actual salary at Svea Mutual Insurance Co 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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