Andover Research Ltd Salary

How much does the Andover Research Ltd Pay for employees?

As of August 2026, the average annual salary for employees at Andover Research Ltd in the United States is $110,258. This translates to an approximate hourly wage of $53. Salaries at Andover Research Ltd typically range from $97,014 to $124,670 annually, reflecting the diverse roles and experience levels within the company. Andover Research Ltd’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 Andover Research Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Andover Research Ltd. 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 Andover Research Ltd

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

Is Andover Research Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Andover Research Ltd’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
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Average Salary ($/year)
Andover Research Ltd
Insurance
AL Howes Insurance Agency and Insurance Partners LLC
Evergreen Retirement Plan Consulting LLC
Industry Comparison
Our data shows that, on average, compensation at Andover Research Ltd is below the average for the U.S. Insurance industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Andover Research Ltd average annual salary with several similar companies. Andover Research Ltd average salary of $110,258 is higher than AL Howes Insurance Agency and Insurance Partners LLC, which has an average salary of $93,656. It is higher than Evergreen Retirement Plan Consulting LLC, with their average salary at $97,326. This places Andover Research Ltd in a competitive position among its peers.
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Employee Reviews: Working at Andover Research Ltd

Considering a career at Andover Research Ltd? 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 stands out for its employee-centric approach. A forward-thinking employer. The onboarding process was smooth, and mentors were assigned to help me adjust.
Overall, it’s a solid place to build a career in the insurance industry. The insurance industry can be demanding, but the supportive team makes it manageable. The insurance industry is dynamic, but the training here ensures confidence in handling tasks. The benefits package is robust, including wellness programs and retirement plans.
Corporate communications are clear, keeping everyone informed. The annual employee appreciation events are a nice touch. I’m happy with my role here. Training opportunities are plentiful, helping us stay ahead in the industry. With a large workforce, there are many departments, allowing for cross-functional exposure.

Andover Research Ltd Overview

Website
www.andoverresearch.com
Founded In
1975
Employees
<25 employees
Industry
Insurance
Headquarter Address
The Lincoln Building 60 E 42nd St New York City New York NY 10165
Revenue
$5 Million - $10 Million
Phone Number
+1 2129868484
Social Media
About Andover Research Ltd
Andover Research, Ltd., founded in 1975, specializes in the recruitment and placement of actuaries and benefit consultants worldwide. Our premier team of experienced recruiters have a reputation as leaders in the field. We earn recognition for our personal integrity as well as our successful placements. Confidentiality, objective assessments and continuous involvement in the total recruiting proce

What Benefits Does Andover Research Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Andover Research Ltd 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Andover Research Ltd.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Andover Research Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Andover Research Ltd salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Andover Research Ltd

1. What is the average salary for employees at Andover Research Ltd?

The average annual total compensation for employees at Andover Research Ltd is approximately $110,258. However, this is an aggregate figure, actual salaries can range significantly, typically from $97,014 to $124,670, depending on factors like job role, experience, and location.

2. How much does Andover Research Ltd pay compared to AL Howes Insurance Agency and Insurance Partners LLC?

The average annual salary at Andover Research Ltd is $110,258, or an hourly wage of $53, in comparison to AL Howes Insurance Agency and Insurance Partners LLC which pays $93,656 per year or $45 per hour.

3. What is the lowest salary at Andover Research Ltd?

The lowest-paying job at Andover Research Ltd is an Assistant Vice President with a salary of $64,754 per year. 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 Andover Research Ltd?

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 Andover Research Ltd for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Andover Research Ltd offer cost-of-living adjustments (COLA) for employees in high-cost areas like New York?

While some companies offer formal COLA, many, including potentially Andover Research Ltd, 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 Andover Research Ltd?

Most companies, likely including Andover Research Ltd, 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.