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Carterbankandtrustinsurance Salary

Carterbankandtrustinsurance Salary

How Much Does Carterbankandtrustinsurance Pay for employees?

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As of August 2026, the average annual salary for employees at Carterbankandtrustinsurance in the United States is $48,786. This translates to an approximate hourly wage of $23. Salaries at Carterbankandtrustinsurance typically range from $42,291 to $53,754 annually, reflecting the diverse roles and experience levels within the company. Carterbankandtrustinsurance’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 Carterbankandtrustinsurance Pay for Different Roles?

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.

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Operations Manager

$117,248 / year

Salary Range: $104,811 - $130,828

Operations

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Carterbankandtrustinsurance.
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About Carterbankandtrustinsurance: Company Profile

Website
www.carterbankandtrustinsurance.net
Founded In
1999
Employees
100 - 200 employees
Industry
Insurance
Headquarter Location
GLEN ALLEN
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About CARTERBANKANDTRUSTINSURANCE
Bankers Insurance, LLC is a full-service, independent insurance agency headquartered in Richmond, Virginia. Since our inception in 1999, "Hometown friendly and multi-state strong" describes our focus of maintaining long-standing relationships with our clients and communities. We pride ourselves on being one of the largest small agencies in the industry. We provide our clients all of the resources

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Carterbankandtrustinsurance's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Training opportunities exist, but they could be more frequent. A fantastic place to work and advance. Highly recommend. Leadership is accessible, and the work culture is motivating. While growth can be gradual, the job security is a plus.
Commented in April 30, 2025
42
0
The work environment is steady with well-defined processes. The insurance products we work with are diverse, keeping the job engaging. It’s a good place for those who prefer routine tasks with minimal surprises. This company values its employees and fosters a positive work environment. A rewarding place to build a career in insurance with long-term growth potential. Management communicates company...
Commented in December 11, 2024
13
3
Innovative company with a focus on employee well-being. Managers are accessible and provide constructive feedback. Management is competent, though not overly innovative.
Commented in January 23, 2024
11
0

How Carterbankandtrustinsurance's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Carterbankandtrustinsurance’s pay competitiveness. Click on a company for a deeper dive.

Is Carterbankandtrustinsurance’s Pay Competitive? Salary Benchmarking Analysis

How does Carterbankandtrustinsurance’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Carterbankandtrustinsurance
Insurance
C GROUP INSURANCE
CASABLANCH INSURANCE
Industry Comparison
Our data shows that, on average, compensation at Carterbankandtrustinsurance is below the average for the U.S. Insurance industry by approximately 61%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Carterbankandtrustinsurance average annual salary with several similar companies. Carterbankandtrustinsurance average salary of $48,786 is higher than C GROUP INSURANCE, which has an average salary of $42,410. It is higher than CASABLANCH INSURANCE, with their average salary at $46,137. This places Carterbankandtrustinsurance in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Carterbankandtrustinsurance.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Carterbankandtrustinsurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Carterbankandtrustinsurance 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.

Most Common Questions About Carterbankandtrustinsurance

FAQ 1: What is the average salary for employees at Carterbankandtrustinsurance?
The average annual total compensation for employees at Carterbankandtrustinsurance is approximately $48,786. However, this is an aggregate figure, actual salaries can range significantly, typically from $42,291 to $53,754, depending on factors like job role, experience, and location.
FAQ 2: How much does Carterbankandtrustinsurance pay compared to C GROUP INSURANCE?
The average annual salary at Carterbankandtrustinsurance is $48,786, or an hourly wage of $23, in comparison to C GROUP INSURANCE which pays $42,410 per year or $20 per hour.
FAQ 3: How does having a professional certification impact salary for relevant roles at Carterbankandtrustinsurance?
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 Carterbankandtrustinsurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
FAQ 4: Does Carterbankandtrustinsurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Richmond?
While some companies offer formal COLA, many, including potentially Carterbankandtrustinsurance, 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.
FAQ 5: What's the typical process for salary reviews and raises at Carterbankandtrustinsurance?
Most companies, likely including Carterbankandtrustinsurance, 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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