5 Star Specialty Programs Salary

5 Star Specialty Programs Salary

How much does the 5 Star Specialty Programs Pay for employees?

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As of August 2026, the average hourly salary for employees at 5 Star Specialty Programs in the United States is $41. This translates to an approximate annual wage of $85,818. Salaries at 5 Star Specialty Programs typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company. 5 Star Specialty Programs’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does 5 Star Specialty Programs Pay for Different Roles?

Explore detailed salary information for specific jobs at 5 Star Specialty Programs. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 5 Star Specialty Programs

Ready for your next career move? Explore current job openings at 5 Star Specialty Programs. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 5 Star Specialty Programs’s Pay Competitive? Salary Benchmarking Analysis

How does 5 Star Specialty Programs’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
5 Star Specialty Programs
Insurance
Healthcare Insurance Education
The E J Lelie Agency
Industry Comparison
Our data shows that, on average, compensation at 5 Star Specialty Programs is below the average for the U.S. Insurance industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 5 Star Specialty Programs average annual salary with several similar companies. 5 Star Specialty Programs average salary of $85,818 is lower than Healthcare Insurance Education, which has an average salary of $107,579. It is lower than The E J Lelie Agency, with their average salary at $102,516. This places 5 Star Specialty Programs in a developing position among its peers.
See Your True Competitors
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Companies Similar to 5 Star Specialty Programs and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 5 Star Specialty Programs. Click a company name to learn more.

Employee Reviews: Working at 5 Star Specialty Programs

Considering a career at 5 Star Specialty Programs? 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.
This company offers a no-drama work environment. It is dynamic, it’s a stable place to work. I’ve grown significantly in my role thanks to the company’s focus on skill development. The insurance products are well-regarded, which simplifies client interactions.
Commented in April 27, 2025
21
1
Colleagues are supportive, making it a pleasant workplace. The team is cooperative, and management is reasonable in their expectations. This insurance company provides a structured work environment with clear processes, which can be helpful for those who prefer routine. My experience here has been very positive. This insurance firm provides a stable work environment with reasonable expectations. T...
Commented in September 30, 2024
16
2
The insurance sector can be demanding, but the company provides ample support. Benefits are standard, including health and retirement plans. Compensation is competitive, and the 401(k) match is a great perk. It’s a stable workplace, though some areas could see improvement in communication.
Commented in January 17, 2024
29
3

5 Star Specialty Programs Overview

Website
www.5starsp.com
Founded In
1984
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
158 City Blvd Melbourne Florida FL 32935
Revenue
$5 Million - $10 Million
Phone Number
+1 3217576145
Social Media
About 5 Star Specialty Programs
5Star Specialty Programs is a full service Managing General Agent (MGA) offering property & casualty insurance underwriting expertise in Transportation, Workers' Compensation, and more. 5Star ProfessionalPrograms is now Target Professional Programs. You'll find the same outstanding professional programs, as well as new options including a non-admitted market for hard-to-place law firms. 5Star Spec

What Benefits Does 5 Star Specialty Programs Offer Beyond Salary?

A competitive compensation package is more than just a salary. 5 Star Specialty Programs 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 Melbourne?

Understanding the cost of living near Melbourne is key to truly evaluating a salary offer or your current compensation at 5 Star Specialty Programs.
Melbourne's Cost of Living Index is approximately 94.5 (5.5% less expensive than US average; 8.3% less than FL average). Space Coast city, tech and aerospace presence, affordable housing. Space Coast Area Transit. When planning your budget based on a salary from 5 Star Specialty Programs, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,150 - $1,700+ A significant portion of 5 Star Specialty Programs salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,430 - $3,840+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 5 Star Specialty Programs

1. What is the average salary for employees at 5 Star Specialty Programs?

The average total compensation for employees at 5 Star Specialty Programs is approximately $41 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $36 to $47 per hour, depending on factors like job role, experience, and location.

2. How much does 5 Star Specialty Programs pay compared to Healthcare Insurance Education?

The average annual salary at 5 Star Specialty Programs is $85,818, or an hourly wage of $41, in comparison to Healthcare Insurance Education which pays $107,579 per year or $52 per hour.

3. What is the lowest salary at 5 Star Specialty Programs?

The lowest-paying job at 5 Star Specialty Programs is an Associate Underwriter with a salary of $74,259 per hour. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at 5 Star Specialty Programs?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at 5 Star Specialty Programs for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does 5 Star Specialty Programs offer cost-of-living adjustments (COLA) for employees in high-cost areas like Melbourne?

While some companies offer formal COLA, many, including potentially 5 Star Specialty Programs, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at 5 Star Specialty Programs?

Most companies, likely including 5 Star Specialty Programs, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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