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 monthly salary for employees at 5 Star Specialty Programs in the United States is $7,152. This translates to an approximate annual wage of $85,818. Salaries at 5 Star Specialty Programs typically range from $6,292 to $8,089 monthly, 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 annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
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30k
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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.
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How 5 Star Specialty Programs's Salaries Compare to Similar Companies?

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
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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. How much does 5 Star Specialty Programs in the United States pay?

5 Star Specialty Programs pays its employees an average of $85,818 per year. The average salary at 5 Star Specialty Programs range from $75,498 to $97,063 per year. 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. Do 5 Star Specialty Programs employees get a higher salary than its peer company?

The salary at 5 Star Specialty Programs is lesser than its peer company. 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 are the highest paying jobs at 5 Star Specialty Programs?

The higher-paying job at 5 Star Specialty Programs, according to our data, include President (avg. $664,311 per year), Vice President, Underwriting (avg. $242,174 per year), and Senior Vice President (avg. $170,011 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at 5 Star Specialty Programs?

Salary progression with years of experience at 5 Star Specialty Programs is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at 5 Star Specialty Programs vary by office location?

Yes, it's very likely that salaries at 5 Star Specialty Programs vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Melbourne section provides more context.

6. Does 5 Star Specialty Programs offer good benefits?

5 Star Specialty Programs typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at 5 Star Specialty Programs" section on this page.

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