Forestry Mutual Insurance Co Salary

Forestry Mutual Insurance Co Salary

How much does the Forestry Mutual Insurance Co Pay for employees?

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As of August 2026, the average annual salary for employees at Forestry Mutual Insurance Co in the United States is $88,002. This translates to an approximate hourly wage of $42. Salaries at Forestry Mutual Insurance Co typically range from $77,432 to $99,502 annually, reflecting the diverse roles and experience levels within the company. Forestry Mutual Insurance Co’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 Forestry Mutual Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Forestry Mutual Insurance Co. 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.
How accurate does the salary look to you?

Current Job Openings at Forestry Mutual Insurance Co

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

Is Forestry Mutual Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Forestry Mutual Insurance Co’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
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120k
90k
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Average Salary ($/year)
Forestry Mutual Insurance Co
Insurance
Commercial Insurance Associates Inc
Midstate Mutual Insurance Co
Industry Comparison
Our data shows that, on average, compensation at Forestry Mutual Insurance Co is below the average for the U.S. Insurance industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Forestry Mutual Insurance Co average annual salary with several similar companies. Forestry Mutual Insurance Co average salary of $88,002 is lower than Commercial Insurance Associates Inc, which has an average salary of $97,063. It is lower than Midstate Mutual Insurance Co, with their average salary at $88,962. This places Forestry Mutual Insurance Co in a developing 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.

How Forestry Mutual Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Forestry Mutual Insurance Co

Considering a career at Forestry Mutual Insurance Co? 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.
I highly recommend this employer. Colleagues are professional, though more team-building activities would enhance collaboration. One of the best aspects of this company is its employee-centric approach. The leadership team is approachable and genuinely cares about employee growth. There are plenty of opportunities to take on new challenges, and leadership recognizes hard work.
Commented in May 22, 2025
27
3
Team events and recognition programs boost engagement. A fantastic workplace for driven professionals. Managers recognize hard work and provide constructive feedback. The workload is balanced, with no excessive pressure.
Commented in January 25, 2025
28
3
I’ve enjoyed my time here due to the collaborative atmosphere. The training programs are well-structured, making onboarding smooth. Colleagues are helpful, and management is fair. Managers are open to feedback and promote a positive work culture. Work-life balance is respected, and the benefits package is comprehensive. The company provides excellent training and resources for insurance profession...
Commented in October 26, 2024
44
1

Forestry Mutual Insurance Co Overview

Website
www.forestrymutual.com
Founded In
1971
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 19467 Raleigh North Carolina NC 27619
Revenue
$5 Million - $10 Million
Phone Number
+1 2529163376
Social Media
About Forestry Mutual Insurance Co
Since 1971, the North Carolina Forestry Associations Self Insurer's Fund has been a major force in the workers compensation insurance market. As a specialist in the wood products industry, we pioneered stable, competitive rates as well as introduced safety programs and practices designed to protect workers in a dangerous working environment. Over the years our efforts have paid off for the industr

What Benefits Does Forestry Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forestry Mutual Insurance Co 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 Raleigh?

Understanding the cost of living near Raleigh is key to truly evaluating a salary offer or your current compensation at Forestry Mutual Insurance Co.
Raleigh's Cost of Living Index is approximately 102.3 (2.3% more expensive than US average; 6.6% more than NC average). State capital, Research Triangle Park, tech hub, housing above US avg. GoRaleigh/GoTriangle. When planning your budget based on a salary from Forestry Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Forestry Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (GoRaleigh monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,830 - $4,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forestry Mutual Insurance Co

1. What is the average salary for employees at Forestry Mutual Insurance Co?

The average annual total compensation for employees at Forestry Mutual Insurance Co is approximately $88,002. However, this is an aggregate figure, actual salaries can range significantly, typically from $77,432 to $99,502, depending on factors like job role, experience, and location.

2. How much does Forestry Mutual Insurance Co pay compared to Commercial Insurance Associates Inc?

The average annual salary at Forestry Mutual Insurance Co is $88,002, or an hourly wage of $42, in comparison to Commercial Insurance Associates Inc which pays $97,063 per year or $47 per hour.

3. What is the lowest salary at Forestry Mutual Insurance Co?

The lowest-paying job at Forestry Mutual Insurance Co is an Account Representative with a salary of $35,456 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 Forestry Mutual Insurance Co?

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 Forestry Mutual Insurance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Forestry Mutual Insurance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Raleigh?

While some companies offer formal COLA, many, including potentially Forestry Mutual Insurance Co, 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 Forestry Mutual Insurance Co?

Most companies, likely including Forestry Mutual Insurance Co, 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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