Guy Carpenter Salary

How Much Does Guy Carpenter Pay for employees?

As of April 2026, the average annual salary for employees at Guy Carpenter in the United States is $97,691. This translates to an approximate hourly wage of $47. Salaries at Guy Carpenter typically range from $88,156 to $109,180 annually, reflecting the diverse roles and experience levels within the company. Guy Carpenter’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 Guy Carpenter Pay for Different Roles?

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.

Accounting & Claims Specialist

$74,867 / year

Salary Range: $66,810 - $83,767

Mortgage

Actuarial Analyst

$78,500 / year

Salary Range: $69,415 - $89,795

Property and Casualty Insurance Underwriting

Actuarial Analyst - New York - College Program 2022

$78,500 / year

Salary Range: $69,415 - $89,795

Property and Casualty Insurance Underwriting

Actuarial Co-op

$92,837 / year

Salary Range: $82,810 - $104,224

Finance

Actuary II

$93,786 / year

Salary Range: $85,024 - $102,953

Actuarial

Advisory Analyst

$87,084 / year

Salary Range: $77,906 - $98,507

Revenue

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Guy Carpenter.
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About Guy Carpenter: Company Profile

Website
www.guycarp.com
Founded In
1922
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Location
CHICAGO
Revenue
<$5 Million
Phone Number
-
Social Media
About GUY CARPENTER
Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Ma

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Guy Carpenter's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The benefits are standard for the industry, and the office environment is comfortable. Benefits are excellent, and growth opportunities exist. There’s occasional bureaucracy, but it doesn’t hinder productivity. One of the best aspects of this company is its employee-centric approach. I appreciate the emphasis on teamwork and professional development.
Benefits are standard for the industry, and the pay is fair. The company invests in employee development through workshops and certifications. The company also engages in meaningful corporate social responsibility initiatives, which adds to its positive reputation. The insurance industry can be fast-paced, but the team handles challenges well. Workload distribution is fair, though some tasks can b...
Overall, it’s a reliable employer with a strong industry standing. Feels like a second family. The corporate social responsibility initiatives, like volunteer days, add a meaningful aspect to the job. Positive atmosphere with recognition for hard work.

Is Guy Carpenter’s Pay Competitive? Salary Benchmarking Analysis

How does Guy Carpenter’s compensation stack up against the market? This analysis visualizes their 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)
Guy Carpenter
Insurance
G. A. MAVON & CO.
G G T INC
Industry Comparison
Our data shows that, on average, compensation at Guy Carpenter 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 Guy Carpenter average annual salary with several similar companies. Guy Carpenter average salary of $97,691 is higher than G. A. MAVON & CO., which has an average salary of $49,739. It is higher than G G T INC, with their average salary at $46,233. This places Guy Carpenter 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.

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 Guy Carpenter.
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 Guy Carpenter, 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 Guy Carpenter 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.

Most Common Questions About Guy Carpenter

FAQ 1: What is the typical salary range (low to high) for most roles at Guy Carpenter?
The typical annual salary range for most roles at Guy Carpenter is approximately from $88,156 to $109,180. 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.
FAQ 2: How much does Guy Carpenter pay compared to G. A. MAVON & CO.?
The average annual salary at Guy Carpenter is $97,691, or an hourly wage of $47, in comparison to G. A. MAVON & CO. which pays $49,739 per year or $24 per hour.
FAQ 3: How does experience level affect salary at Guy Carpenter?
Experience level is a significant factor in determining salary at Guy Carpenter, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
FAQ 4: How can I determine if a salary offer from Guy Carpenter in Chicago is fair given the local cost of living?
To determine if a salary offer from Guy Carpenter in Chicago is fair, first compare the gross salary to our data for similar roles at Guy Carpenter and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Why might an individual's actual salary at Guy Carpenter differ from the ranges shown here?
An individual's actual salary at Guy Carpenter can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.