Wilson , Timmons & Wallerstein Inc Salary
How Much Does Wilson , Timmons & Wallerstein Inc Pay for Different Roles?
President
$695,746 / year
Salary Range: $532,612 - $876,779
Executive
Commercial Lines, Agent
$76,059 / year
Salary Range: $66,581 - $90,899
Insurance
Producer
$52,570 / year
Salary Range: $46,511 - $59,341
Producer
Personal Lines Account Manager
$52,483 / year
Salary Range: $46,533 - $59,852
Account Management I
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Current Job Openings at Wilson , Timmons & Wallerstein Inc
Is Wilson , Timmons & Wallerstein Inc’s Pay Competitive? Salary Benchmarking Analysis
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Ag Risk Management | $89,183 |
-0.8%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Randy Eller | $88,308 |
-1.7%
|
Suggests Randy Eller utilizes a highly similar base-plus-benefits compensation model. |
| Medical Care Access Coalition | $85,281 |
-5.1%
|
Medical Care Access Coalition focuses strategically on recruiting and training entry-level apprentices. |
| Integrity Benefits Inc | $87,464 |
-2.7%
|
Confirms Integrity Benefits Inc is a direct competitor vying for the exact same talent pool. |
| Insurance Industry | $123,858 |
+37.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
How Wilson , Timmons & Wallerstein Inc's Salaries Compare to Similar Companies?
Ag Risk Management
$89,183 / year
Salary Range: $78,467 - $100,844
Randy Eller
$88,308 / year
Salary Range: $77,698 - $99,844
Chandler, AZ
Medical Care Access Coalition
$85,281 / year
Salary Range: $75,031 - $96,429
Iron Mountain, MI
Integrity Benefits Inc
$87,464 / year
Salary Range: $76,955 - $98,893
Carmel, IN
Hales Insurance Agency
$88,772 / year
Salary Range: $78,110 - $100,368
Colonial Heights, VA
Virginia Insurance Services
$90,438 / year
Salary Range: $79,576 - $102,258
Midlothian, VA
Forman Associates
$90,755 / year
Salary Range: $79,851 - $102,624
Powhatan, VA
Lucas Brothers Insurance Services
$83,445 / year
Salary Range: $73,418 - $94,356
Hampton, VA
Fisher Financial Services Inc
$83,846 / year
Salary Range: $73,766 - $94,795
Roanoke, VA
Employee Reviews: Working at Wilson , Timmons & Wallerstein Inc
Wilson , Timmons & Wallerstein Inc Overview
What Benefits Does Wilson , Timmons & Wallerstein Inc Offer Beyond Salary?
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What Is the Cost of Living Near Richmond?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,100 - $1,600+ | A significant portion of Wilson , Timmons & Wallerstein Inc 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 Wilson , Timmons & Wallerstein Inc
1. What is the typical salary range (low to high) for most roles at Wilson , Timmons & Wallerstein Inc?
The typical annual salary range for most roles at Wilson , Timmons & Wallerstein Inc is approximately from $79,081 to $101,624. 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 Wilson , Timmons & Wallerstein Inc pay compared to Ag Risk Management?
The average annual salary at Wilson , Timmons & Wallerstein Inc is $89,879, or an hourly wage of $43, in comparison to Ag Risk Management which pays $89,183 per year or $43 per hour.
3. Do salaries differ significantly between departments at Wilson , Timmons & Wallerstein Inc?
Yes, salaries often differ between departments at Wilson , Timmons & Wallerstein Inc 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 Wilson , Timmons & Wallerstein Inc?
Experience level is a significant factor in determining salary at Wilson , Timmons & Wallerstein Inc, 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 Wilson , Timmons & Wallerstein Inc in Richmond is fair given the local cost of living?
To determine if a salary offer from Wilson , Timmons & Wallerstein Inc in Richmond is fair, first compare the gross salary to our data for similar roles at Wilson , Timmons & Wallerstein Inc 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. What factors influence salary increases at Wilson , Timmons & Wallerstein Inc?
Salary increases at Wilson , Timmons & Wallerstein Inc 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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