Sycamore Insurance Group Salary

As of August 2026, the average annual salary for employees at Sycamore Insurance Group in the United States is $89,342. This translates to an approximate hourly wage of $43. Salaries at Sycamore Insurance Group typically range from $78,605 to $101,014 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Sycamore Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Sycamore Insurance Group. Based on our data, the highest paying job is the Commercial Account Executive, with an annual salary of $220,228. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Sycamore Insurance Group

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

Is Sycamore Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Sycamore Insurance Group'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
Council for Affordable Health Insurance $100,322
+12.3%
Reflects structural premiums typical of Council for Affordable Health Insurance's large-cap national operations.
Five Star Insurance Services LLC $96,219
+7.7%
Supported by Five Star Insurance Services LLC's high-margin contracts allowing higher overhead.
Sterling Insurance Services $86,135
-3.6%
Typical compensation structure for smaller regional agencies like Sterling Insurance Services.
Massachusetts Public Employees Fund $100,301
+12.3%
Adjusted for higher cost-of-living indices in Massachusetts Public Employees Fund's primary metro hubs.
Insurance Industry $123,858
+38.6%
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 Sycamore Insurance Group

Considering a career at Sycamore Insurance Group? 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 insurance products are competitive, and client interactions are fulfilling. Management is straightforward, with minimal micromanagement. Remote work options are available, which is convenient. The company also invests in cutting-edge tools, streamlining daily tasks.
The company operates smoothly with clear expectations. The insurance industry is dynamic, but the team adapts well. I’ve grown significantly in my role thanks to the company’s focus on skill development. The insurance products are well-regarded, and the company maintains a good reputation. The insurance products are reputable, making client interactions smoother. Benefits are standard for the indu...
Overall, it’s a stable and supportive workplace where employees are valued. The insurance training is thorough, and leadership is transparent. The onboarding process was smooth, and my team was very supportive. It’s a great workplace for motivated professionals.

Sycamore Insurance Group Overview

Website
www.sycamoreinsgroup.com
Founded In
2012
Employees
<25 employees
Industry
Insurance
Headquarter Address
9100 Arboretum Pkwy Richmond Virginia VA 23236
Revenue
<$5 Million
Phone Number
+1 8044209800
Social Media
About Sycamore Insurance Group
At Sycamore Insurance Group, our personal insurance products provide our customers with protection for their homes, automobiles and personal possessions, along with personal liability coverages. How we serve you is as important as what we provide. First, we listen to you, then we discuss your needs and answer your questions. Next, we look at both your short-term and long-term objectives and help p

What Benefits Does Sycamore Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sycamore Insurance Group 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 Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Sycamore Insurance Group.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Sycamore Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Sycamore Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sycamore Insurance Group

1. What is the estimated average total compensation at Sycamore Insurance Group?

Salary.com estimates that the average total compensation package at Sycamore Insurance Group, which can include base salary, potential bonuses, and benefits, is around $89,342 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Sycamore Insurance Group pay compared to Council for Affordable Health Insurance?

The average annual salary at Sycamore Insurance Group is $89,342, or an hourly wage of $43, in comparison to Council for Affordable Health Insurance which pays $100,322 per year or $48 per hour.

3. Do salaries differ significantly between departments at Sycamore Insurance Group?

Yes, salaries often differ between departments at Sycamore Insurance Group 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Sycamore Insurance Group?

Salary progression from an entry-level to a senior role at Sycamore Insurance Group 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.

5. How can I determine if a salary offer from Sycamore Insurance Group in Richmond is fair given the local cost of living?

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

6. Are promotions at Sycamore Insurance Group usually accompanied by a significant salary increase?

Yes, promotions at Sycamore Insurance Group 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.