Velapoint Salary

Velapoint Salary

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As of April 2026, the average annual salary for employees at Velapoint in the United States is $114,636. This translates to an approximate hourly wage of $55. Salaries at Velapoint typically range from $100,716 to $129,865 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Velapoint

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

Is Velapoint’s Pay Competitive? Salary Benchmarking Analysis

How does Velapoint'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
States Life Insurance Company General Agents $123,390
+7.6%
Influenced by prevailing union wage agreements specific to States Life Insurance Company General Agents's sector.
Pension Council of the Midlands $96,978
-15.4%
Pension Council of the Midlands likely leverages performance bonuses over the high base salary shown here.
Towne Insurance Agency LLC $104,003
-9.3%
Towne Insurance Agency LLC operates with a leaner overhead structure, impacting base wage offers.
Polly Insurance Agency LLC $107,484
-6.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+8.0%
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 Velapoint's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Velapoint

Considering a career at Velapoint? 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 hybrid work policy is a major perk, and health benefits are comprehensive. I’ve had a great experience working here—leadership genuinely cares about employee well-being. Enjoy the work-life balance here. The work-life balance initiatives, like flexible hours, are appreciated. It’s a solid choice for those who value stability over high-intensity roles.
Commented in May 20, 2025
47
2
Benefits like remote work options and health incentives make it an attractive employer. Leadership is transparent, and career paths are well-defined. Colleagues are professional, and the atmosphere is low-drama. The company also encourages professional development through workshops and courses. Fair compensation. It’s a great place for those seeking stability and growth. While growth opportunities...
Commented in February 25, 2025
8
2
Regular skill-building workshops and mentorship programs are available. It’s a great place to grow if you’re passionate about insurance. Benefits are standard, and the office is comfortable. The team is knowledgeable and always willing to help. Benefits are generous, and career growth is possible.
Commented in January 26, 2025
18
1
Workloads are manageable, and the office environment is professional. The company fosters a culture of innovation and teamwork. The insurance sector is steady, and workloads are manageable. The benefits are comprehensive, including wellness incentives.
Commented in January 19, 2024
19
2

Velapoint Overview

Website
www.velapoint.com
Founded In
2006
Employees
200 - 500 employees
Industry
Insurance
Headquarter Address
1100 NE Compton Dr Hillsboro Oregon OR 97006
Revenue
$200 Million - $500 Million
Phone Number
+1 8774341904
Social Media
About Velapoint
Velapoint LLC was founded in 2010. The company's line of business includes providing insurance agent and broker services for a range of insurance types.

What Benefits Does Velapoint Offer Beyond Salary?

A competitive compensation package is more than just a salary. Velapoint 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 Beaverton?

Understanding the cost of living near Beaverton is key to truly evaluating a salary offer or your current compensation at Velapoint.
Beaverton's Cost of Living Index is approximately 123.1 (23.1% more expensive than US average; 7.0% more than OR average). Portland suburb (Nike HQ), high housing costs. TriMet. When planning your budget based on a salary from Velapoint, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Velapoint salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (TriMet monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,150 - $4,710+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Velapoint

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

The typical annual salary range for most roles at Velapoint is approximately from $100,716 to $129,865. 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 Velapoint pay compared to States Life Insurance Company General Agents?

The average annual salary at Velapoint is $114,636, or an hourly wage of $55, in comparison to States Life Insurance Company General Agents which pays $123,390 per year or $59 per hour.

3. Do salaries differ significantly between departments at Velapoint?

Yes, salaries often differ between departments at Velapoint 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 Velapoint?

Experience level is a significant factor in determining salary at Velapoint, 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 Velapoint in Beaverton is fair given the local cost of living?

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

6. What factors influence salary increases at Velapoint?

Salary increases at Velapoint 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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