Gencorp Insurance Group Salary

How much does the Gencorp Insurance Group Pay for employees?

As of August 2026, the average annual salary for employees at Gencorp Insurance Group in the United States is $103,803. This translates to an approximate hourly wage of $50. Salaries at Gencorp Insurance Group typically range from $91,278 to $117,476 annually, reflecting the diverse roles and experience levels within the company. Gencorp Insurance Group’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 Gencorp Insurance Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Gencorp Insurance Group. 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 Gencorp Insurance Group

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

Is Gencorp Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Gencorp Insurance Group’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)
Gencorp Insurance Group
Insurance
SH Smith & Company Inc
VA Claims Insider LLC
Industry Comparison
Our data shows that, on average, compensation at Gencorp Insurance Group is below the average for the U.S. Insurance industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Gencorp Insurance Group average annual salary with several similar companies. Gencorp Insurance Group average salary of $103,803 is lower than SH Smith & Company Inc, which has an average salary of $103,919. It is higher than VA Claims Insider LLC, with their average salary at $94,584. This places Gencorp Insurance Group in a mid-range 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.

Employee Reviews: Working at Gencorp Insurance Group

Considering a career at Gencorp Insurance Group? 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 insurance products are top-notch, and client service is a focus. The insurance products are well-regarded in the market, adding pride to the work we do. The office culture is positive, and flexible arrangements are available. A standout employer. It’s a company that truly values its employees and their contributions. Remote work options are available for certain roles, which adds flexibility.
This company excels in employee engagement and professional development. Workloads are manageable, and the office environment is professional. The insurance knowledge gained here is valuable for long-term career growth. Benefits align with industry standards, and the office is comfortable. Benefits are above average, making it a great workplace.
The company encourages innovation, and employees are free to suggest process improvements. Benefits package is solid. The company is well-run, with clear expectations and structured workflows. The office culture is vibrant yet professional.

Gencorp Insurance Group Overview

Website
www.hilbgroupne.com
Founded In
1993
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
931 Jefferson Blvd Warwick Rhode Island RI 02886
Revenue
$10 Million - $50 Million
Phone Number
+1 8004576742
Social Media
About Gencorp Insurance Group
In 2015, three like-minded insurance firms Cornerstone Group, Gencorp Insurance Group and The Hilb Group merged. The combined company is a leading provider of risk management, insurance, and employee benefit consulting services to middle market companies and individuals, and one of the top 100 insurance brokers in the United States. By bringing Cornerstone and Gencorp under one roof, The Hilb Grou

What Benefits Does Gencorp Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Gencorp Insurance Group 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 Warwick?

Understanding the cost of living near Warwick is key to truly evaluating a salary offer or your current compensation at Gencorp Insurance Group.
Warwick's Cost of Living Index is approximately 106.3 (6.3% more expensive than US average; 2.0% less than RI average). Providence suburb, T.F. Green Airport, housing near US avg. RIPTA bus, Commuter Rail. When planning your budget based on a salary from Gencorp Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Gencorp Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly 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 $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,840 - $4,340+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Gencorp Insurance Group

1. What is the estimated average total compensation at Gencorp Insurance Group?

Salary.com estimates that the average total compensation package at Gencorp Insurance Group, which can include base salary, potential bonuses, and benefits, is around $103,803 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Gencorp Insurance Group pay compared to SH Smith & Company Inc?

The average annual salary at Gencorp Insurance Group is $103,803, or an hourly wage of $50, in comparison to SH Smith & Company Inc which pays $103,919 per year or $50 per hour.

3. Do salaries differ significantly between departments at Gencorp Insurance Group?

Yes, salaries often differ between departments at Gencorp Insurance Group 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 Gencorp Insurance Group?

Salary progression from an entry-level to a senior role at Gencorp Insurance Group 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 Gencorp Insurance Group in Warwick is fair given the local cost of living?

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

6. Are promotions at Gencorp Insurance Group usually accompanied by a significant salary increase?

Yes, promotions at Gencorp Insurance Group 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.