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Frederick Mutual Insurance Co Salary

Frederick Mutual Insurance Co Salary

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

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As of September 2026, the average annual salary for employees at Frederick Mutual Insurance Co in the United States is $101,894. This translates to an approximate hourly wage of $49. Salaries at Frederick Mutual Insurance Co typically range from $89,629 to $115,245 annually, reflecting the diverse roles and experience levels within the company. Frederick 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 Frederick Mutual Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Frederick 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 Frederick Mutual Insurance Co

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

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

How does Frederick 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
150k
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90k
60k
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Average Salary ($/year)
Frederick Mutual Insurance Co
Insurance
Integrion Group Inc
Contact Watchmen Insurance Group
Industry Comparison
Our data shows that, on average, compensation at Frederick Mutual Insurance Co is below the average for the U.S. Insurance industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Frederick Mutual Insurance Co average annual salary with several similar companies. Frederick Mutual Insurance Co average salary of $101,894 is higher than Integrion Group Inc, which has an average salary of $88,234. It is higher than Contact Watchmen Insurance Group, with their average salary at $90,354. This places Frederick Mutual Insurance Co 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.

How Frederick 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 Frederick Mutual Insurance Co. Click a company name to learn more.

Employee Reviews: Working at Frederick Mutual Insurance Co

Considering a career at Frederick 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.
The company also emphasizes diversity and inclusion, making it a welcoming workplace. The workplace is well-structured, and processes are clearly communicated. The workload is steady, and colleagues are easy to work with. The leadership is visionary and encourages innovation. Suitable for professionals who prefer a structured setting.
Commented in April 14, 2025
37
2
The training programs are excellent, helping employees stay ahead in the industry. The benefits package is robust, including retirement plans. Compensation is fair, with performance-based bonuses adding incentive. I’ve enjoyed my time here—the company invests in employee development. The corporate culture emphasizes inclusivity, making it a welcoming place for diverse talent. The compensation is a...
Commented in April 04, 2025
41
2
My experience at this company has been decent. Overall, it’s a rewarding place to build a career. The insurance industry is fast-paced, but the company provides the tools needed to succeed. The work environment is professional, and expectations are clearly communicated.
Commented in June 08, 2024
42
3
It’s a stable employer, ideal for those who prioritize consistency over rapid career growth. The culture is friendly, and management is open to feedback. The onboarding process was smooth, and mentors were assigned to help me adjust.
Commented in January 06, 2024
37
3

Frederick Mutual Insurance Co Overview

Website
www.frederickmutual.com
Founded In
1843
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
57 Thomas Johnson Dr Frederick Maryland MD 21702
Revenue
$5 Million - $10 Million
Phone Number
+1 3016639522
Social Media
About Frederick Mutual Insurance Co
Founded on December 15, 1843, FMIC has continuously operated for 178 years as a mutual insurance company serving policyholders, initially in Maryland; and subsequently expanding the operating territory into Pennsylvania, Virginia, Delaware, D.C., North Carolina, and South Carolina. Frederick Mutual is the 3rd oldest insurance company in Maryland and the 9th oldest in the United States. Frederick M

What Benefits Does Frederick Mutual Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Frederick 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 Frederick?

Understanding the cost of living near Frederick is key to truly evaluating a salary offer or your current compensation at Frederick Mutual Insurance Co.
Frederick's Cost of Living Index is approximately 115.9 (15.9% more expensive than US average; 2.6% more than MD average). Growing city NW of DC/Baltimore, historic downtown, housing costs above US avg. TransIT bus, MARC train. When planning your budget based on a salary from Frederick Mutual Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Frederick Mutual Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (TransIT monthly pass, MARC extra) 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,000 - $4,620+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Frederick Mutual Insurance Co

1. What is the estimated average total compensation at Frederick Mutual Insurance Co?

Salary.com estimates that the average total compensation package at Frederick Mutual Insurance Co, which can include base salary, potential bonuses, and benefits, is around $101,894 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Frederick Mutual Insurance Co pay compared to Integrion Group Inc?

The average annual salary at Frederick Mutual Insurance Co is $101,894, or an hourly wage of $49, in comparison to Integrion Group Inc which pays $88,234 per year or $42 per hour.

3. Do salaries differ significantly between departments at Frederick Mutual Insurance Co?

Yes, salaries often differ between departments at Frederick Mutual Insurance Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Frederick Mutual Insurance Co?

Salary progression from an entry-level to a senior role at Frederick Mutual Insurance Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Frederick Mutual Insurance Co in Frederick is fair given the local cost of living?

To determine if a salary offer from Frederick Mutual Insurance Co in Frederick is fair, first compare the gross salary to our data for similar roles at Frederick Mutual Insurance Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Frederick" to understand its purchasing power.

6. Are promotions at Frederick Mutual Insurance Co usually accompanied by a significant salary increase?

Yes, promotions at Frederick Mutual Insurance Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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