Where is Welch Insurance Group located?

Welch Insurance Group is headquartered in Baltimore, Maryland, but may have operations in other locations within the Insurance sector.

What does Welch Insurance Group do?

According to the company's overview, Welch Insurance Group is a company that operates in the Insurance industry.

What industry is Welch Insurance Group in?

Welch Insurance Group operates in the Insurance industry.

Welch Insurance Group Average Salary, Pay Ranges & Benefits

Welch Insurance Group Salary

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Salary at Welch Insurance Group

Current Job Openings at Welch Insurance Group

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

How does Welch 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
Susquehanna Insurance Group	$97,622	-1.4%	Reflects stabilized pricing equilibrium for commercial construction roles in this region.
CSAA Insurance Group	$97,231	-1.8%	Suggests CSAA Insurance Group utilizes a highly similar base-plus-benefits compensation model.
Geny Insurance Group LLC	$98,434	-0.6%	Indicates identical technical requirements and experience levels between the two firms.
incPrime Access Insurance Advisory Group Inc	$102,400	+3.4%	Data suggests incPrime Access Insurance Advisory Group Inc's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry	$123,858	+25.1%	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 Welch Insurance Group's Salaries Compare to Similar Companies?

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

Susquehanna Insurance Group

$97,622 / year

Salary Range: $85,853 - $110,452

Port Deposit, MD

CSAA Insurance Group

$97,231 / year

Salary Range: $85,505 - $110,013

Gambrills, MD

Geny Insurance Group LLC

$98,434 / year

Salary Range: $86,559 - $111,367

Lutherville, MD

incPrime Access Insurance Advisory Group Inc

$102,400 / year

Salary Range: $90,050 - $115,854

Frederick, MD

Insurance Servs Group Inc

$102,759 / year

Salary Range: $90,362 - $116,257

Cambridge, MD

Kavin Group Insurance Inc

$105,670 / year

Salary Range: $92,927 - $119,561

Silver Spring, MD

htmlLOUIS AND JOHNSON INSURANCE GROUP Inc

$99,204 / year

Salary Range: $87,237 - $112,245

Reisterstown, MD

Alscott Surety Inc

$95,923 / year

Salary Range: $84,359 - $108,538

Denver, CO

The Transcontinental Adjustment Corporation Inc

$98,793 / year

Salary Range: $86,870 - $111,769

Baltimore, MD

Employee Reviews: Working at Welch Insurance Group

Considering a career at Welch 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.

Enjoy the work-life balance here. The team is professional, and processes are well-defined, reducing confusion. There are opportunities for skill development, though advancement can take time. It’s a reliable employer with steady career progression options. Managers are supportive, and there’s a good balance between autonomy and teamwork. The company maintains a professional atmosphere with clear ...

Commented in April 22, 2025

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Leadership communicates company objectives clearly, though feedback loops could be stronger. The company maintains a professional atmosphere with structured workflows. I’ve been with this company for over three years, and it’s been a great journey. Work-life balance is respected, making it a great place for long-term employment. This company fosters a culture of respect and continuous learning.

Commented in March 12, 2025

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Colleagues are professional, though teamwork could be stronger. The collaborative culture here is amazing. The company follows structured workflows, ensuring efficiency.

Commented in August 14, 2024

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The insurance industry can be fast-paced, but the team handles challenges well. Benefits meet industry expectations. It’s a reliable employer for insurance professionals. It’s a solid choice for those who value stability over high-intensity roles. This company fosters a supportive and inclusive workplace.

Commented in February 28, 2024

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What Benefits Does Welch Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Welch 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 Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Welch Insurance Group.

Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Welch Insurance Group, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,900+	A significant portion of Welch Insurance Group salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$77 (MTA CharmCard 31-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$420 - $620	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $750+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,627 - $4,227+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Welch Insurance Group

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

The typical annual salary range for most roles at Welch Insurance Group is approximately from $87,072 to $112,025. 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 Welch Insurance Group pay compared to Susquehanna Insurance Group?

The average annual salary at Welch Insurance Group is $99,014, or an hourly wage of $48, in comparison to Susquehanna Insurance Group which pays $97,622 per year or $47 per hour.

3. How does experience level affect salary at Welch Insurance Group?

Experience level is a significant factor in determining salary at Welch Insurance Group, 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.

4. How can I determine if a salary offer from Welch Insurance Group in Baltimore is fair given the local cost of living?

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

5. What factors influence salary increases at Welch Insurance Group?

Salary increases at Welch Insurance Group 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.