Harbor Risk Salary

Harbor Risk Salary

How much does the Harbor Risk Pay for employees?

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As of August 2026, the average annual salary for employees at Harbor Risk in the United States is $86,451. This translates to an approximate hourly wage of $42. Salaries at Harbor Risk typically range from $76,066 to $97,746 annually, reflecting the diverse roles and experience levels within the company. Harbor Risk’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 Harbor Risk Pay for Different Roles?

Explore detailed salary information for specific jobs at Harbor Risk. 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 Harbor Risk

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

Is Harbor Risk’s Pay Competitive? Salary Benchmarking Analysis

How does Harbor Risk’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)
Harbor Risk
Insurance
Bolster
Hacker-King-Sherry Agency
Industry Comparison
Our data shows that, on average, compensation at Harbor Risk is below the average for the U.S. Insurance industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Harbor Risk average annual salary with several similar companies. Harbor Risk average salary of $86,451 is lower than Bolster, which has an average salary of $88,846. It is lower than Hacker-King-Sherry Agency, with their average salary at $87,063. This places Harbor Risk 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 Harbor Risk's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Harbor Risk

Considering a career at Harbor Risk? 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.
While the role may not be highly dynamic, it offers consistency and industry-standard benefits. Management listens to feedback, and work-life balance is respected. It’s a company that cares about its employees while delivering quality service. Management is reasonable, and colleagues are cooperative.
Commented in April 24, 2025
9
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The culture is supportive, with managers who genuinely care about employee well-being. Compensation is fair, with standard raises based on performance reviews. The leadership team is approachable, and colleagues are always willing to collaborate. Team collaboration is a key strength. The wellness programs and employee perks are a big plus.
Commented in March 21, 2025
40
1
I’d highly recommend this employer to others. The compensation is competitive, and the benefits package is comprehensive. Employee recognition programs are a nice touch, boosting morale. A great place for insurance professionals. The company fosters a collaborative environment where employees are encouraged to grow.
Commented in August 06, 2024
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2

Harbor Risk Overview

Website
www.harborrisk.com
Founded In
2001
Employees
<25 employees
Industry
Insurance
Headquarter Address
333 Bridge St NW Grand Rapids Michigan MI 49504
Revenue
<$5 Million
Phone Number
+1 6105372099
Social Media
About Harbor Risk
We've been a leader in the marine business for over 13 years and our reputation reflects our ongoing commitment to service. We help educate agents and their clients about marine risks as a key part of the ongoing service we provide.

What Benefits Does Harbor Risk Offer Beyond Salary?

A competitive compensation package is more than just a salary. Harbor Risk 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Harbor Risk.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Harbor Risk, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Harbor Risk salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Harbor Risk

1. What is the estimated average total compensation at Harbor Risk?

Salary.com estimates that the average total compensation package at Harbor Risk, which can include base salary, potential bonuses, and benefits, is around $86,451 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Harbor Risk pay compared to Bolster?

The average annual salary at Harbor Risk is $86,451, or an hourly wage of $42, in comparison to Bolster which pays $88,846 per year or $43 per hour.

3. Do salaries differ significantly between departments at Harbor Risk?

Yes, salaries often differ between departments at Harbor Risk 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 Harbor Risk?

Salary progression from an entry-level to a senior role at Harbor Risk 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 Harbor Risk in Grand Rapids is fair given the local cost of living?

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

6. Are promotions at Harbor Risk usually accompanied by a significant salary increase?

Yes, promotions at Harbor Risk 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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