GMI Insurance Salary

GMI Insurance Salary

How much does the GMI Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at GMI Insurance in the United States is $94,626. This translates to an approximate hourly wage of $45. Salaries at GMI Insurance typically range from $83,260 to $106,989 annually, reflecting the diverse roles and experience levels within the company. GMI Insurance’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 GMI Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at GMI Insurance. 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 GMI Insurance

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

Is GMI Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does GMI Insurance’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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90k
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Average Salary ($/year)
GMI Insurance
Insurance
PlanSource
Gehret Associates Inc
Industry Comparison
Our data shows that, on average, compensation at GMI Insurance is below the average for the U.S. Insurance industry by approximately 24%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared GMI Insurance average annual salary with several similar companies. GMI Insurance average salary of $94,626 is higher than PlanSource, which has an average salary of $90,154. It is higher than Gehret Associates Inc, with their average salary at $89,985. This places GMI Insurance in a competitive position among its peers.
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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 GMI Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at GMI Insurance

Considering a career at GMI Insurance? 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.
Team dynamics are strong, and management encourages innovation. The compensation is fair, with regular performance bonuses. The office is modern, and remote work options are available occasionally. Competitive pay and a positive atmosphere. Team collaboration is encouraged, and there’s a real sense of camaraderie.
Commented in May 20, 2025
49
3
Training programs keep skills sharp, and promotions are attainable. While no workplace is perfect, the pros here far outweigh any minor challenges. It’s a reliable employer, though more team-building activities would improve engagement.
Commented in January 29, 2025
25
2
I’ve enjoyed my time here due to the positive culture and professional growth opportunities. Work flexibility is a plus, with hybrid options available. Communication from leadership is consistent. Company values work-life harmony. The company maintains a professional and efficient work environment. The insurance knowledge gained here is valuable for long-term career growth. Career growth is encour...
Commented in January 11, 2025
14
3

GMI Insurance Overview

Website
www.gmi-insurance.com
Founded In
1980
Employees
<25 employees
Industry
Insurance
Headquarter Address
99 Starr St Phoenixville Pennsylvania PA 19460
Revenue
$5 Million - $10 Million
Phone Number
+1 6109334679
Social Media
About GMI Insurance
GMI Insurance (www.gmi-insurance.com) is a program administrator that offers a suite of monoline commercial auto insurance programs, including business auto, rental fleet and contingent auto lease. With the backing of top-rated carriers, GMI offers consistent service and long-term partnership to the businesses it serves. Based in historic Valley Forge, Pa., GMI is a family owned and operated agenc

What Benefits Does GMI Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. GMI Insurance 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at GMI Insurance.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from GMI Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of GMI Insurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of GMI Insurance

1. What is the average salary for employees at GMI Insurance?

The average annual total compensation for employees at GMI Insurance is approximately $94,626. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,260 to $106,989, depending on factors like job role, experience, and location.

2. How much does GMI Insurance pay compared to PlanSource?

The average annual salary at GMI Insurance is $94,626, or an hourly wage of $45, in comparison to PlanSource which pays $90,154 per year or $43 per hour.

3. What is the lowest salary at GMI Insurance?

The lowest-paying job at GMI Insurance is a Business Development with a salary of $72,441 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 GMI Insurance?

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

5. Does GMI Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially GMI Insurance, 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 GMI Insurance?

Most companies, likely including GMI Insurance, 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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