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Farmers Insurance Mark Ormond Salary

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Salary at Farmers Insurance Mark Ormond

Current Job Openings at Farmers Insurance Mark Ormond

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Is Farmers Insurance Mark Ormond’s Pay Competitive? Salary Benchmarking Analysis

How does Farmers Insurance Mark Ormond’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)

Farmers Insurance Mark Ormond

Insurance

Morgan LUTCF Knights of Columbus Insurance

HEALTH CLAIMS RESOURCES Inc

Industry Comparison

Our data shows that, on average, compensation at Farmers Insurance Mark Ormond is below the average for the U.S. Insurance industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Farmers Insurance Mark Ormond average annual salary with several similar companies. Farmers Insurance Mark Ormond average salary of $98,160 is higher than Morgan LUTCF Knights of Columbus Insurance, which has an average salary of $92,685. It is higher than HEALTH CLAIMS RESOURCES Inc, with their average salary at $87,401. This places Farmers Insurance Mark Ormond in a competitive position among its peers.

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How Farmers Insurance Mark Ormond's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Farmers Insurance Mark Ormond. Click a company name to learn more.

Morgan LUTCF Knights of Columbus Insurance

$92,685 / year

Salary Range: $81,537 - $104,831

Colorado Springs, CO

HEALTH CLAIMS RESOURCES Inc

$87,401 / year

Salary Range: $76,891 - $98,856

Baton Rouge, LA

BYRD Insurance

$92,516 / year

Salary Range: $81,400 - $104,599

North Las Vegas, NV

V&V Insurance Agency Inc

$83,308 / year

Salary Range: $73,299 - $94,186

Cresco, IA

George Koury & Associates Insurance

$85,977 / year

Salary Range: $75,654 - $97,222

Jacksonville, FL

Markel Assurance

$99,879 / year

Salary Range: $87,860 - $112,964

Chicago, IL

Contact Cheney Insurance Group

$91,325 / year

Salary Range: $80,337 - $103,295

Okawville, IL

Insurance Industry Committee Onmotor Vehicle Administration

$97,980 / year

Salary Range: $86,192 - $110,818

Chicago, IL

Massmutual Life Insurance Co

$93,740 / year

Salary Range: $82,472 - $105,989

San Luis Obispo, CA

Employee Reviews: Working at Farmers Insurance Mark Ormond

Considering a career at Farmers Insurance Mark Ormond? 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.

Highly recommend for anyone in the insurance sector. The work environment is inclusive, and diversity is celebrated. The team environment is collaborative, and there’s a strong emphasis on work-life balance. The company also gives back to the community, which adds to the sense of purpose. Management is fair, and the team works well together.

Commented in May 19, 2025

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The insurance training is top-notch, and leadership is transparent. I’ve had a fulfilling experience working here. While the pace can be steady, it’s manageable with proper time management.

Commented in March 30, 2025

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Benefits are excellent, including health and retirement plans. The company provides a stable and engaging work environment in the insurance sector. The workload is manageable, allowing for a good work-life balance. Leadership fosters a culture of respect and innovation. A great place to grow professionally. The office environment is professional, with modern facilities.

Commented in January 27, 2025

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A stable option for insurance professionals. A decent option for those in insurance. The office atmosphere is decent, and the company maintains a strong reputation in the insurance sector. The team is collaborative, and everyone is willing to help when needed. A great workplace overall.

Commented in July 18, 2024

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Benefits are excellent. Proud to be part of this team. Management is approachable and encourages professional growth. The company follows industry regulations closely, ensuring compliance. The company culture is one of respect and collaboration, which makes coming to work enjoyable.

Commented in January 13, 2024

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What Benefits Does Farmers Insurance Mark Ormond Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farmers Insurance Mark Ormond 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Farmers Insurance Mark Ormond.

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Farmers Insurance Mark Ormond, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,700 - $2,600+	A significant portion of Farmers Insurance Mark Ormond salary. Location choices impact this heavily.
Utilities (Basic)	$140 - $230	Electricity, Heating, Cooling, Water etc.
Public Transportation	$105 (CTA 30-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $640	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$400 - $750+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$3,225 - $5,025+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farmers Insurance Mark Ormond

1. How much does Farmers Insurance Mark Ormond in the United States pay?

Farmers Insurance Mark Ormond pays its employees an average of $98,160 per year. The average salary at Farmers Insurance Mark Ormond range from $86,348 to $111,025 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 Farmers Insurance Mark Ormond employees get a higher salary than its peer company?

The salary at Farmers Insurance Mark Ormond is higher than its peer company. The average annual salary at Farmers Insurance Mark Ormond is $98,160, or an hourly wage of $47, in comparison to Morgan LUTCF Knights of Columbus Insurance which pays $92,685 per year or $45 per hour.

3. How much does salary increase with years of experience at Farmers Insurance Mark Ormond?

Salary progression with years of experience at Farmers Insurance Mark Ormond 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.

4. Do salaries at Farmers Insurance Mark Ormond vary by office location?

Yes, it's very likely that salaries at Farmers Insurance Mark Ormond 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 Chicago section provides more context.

5. Does Farmers Insurance Mark Ormond offer good benefits?

Farmers Insurance Mark Ormond 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 Farmers Insurance Mark Ormond" section on this page.