Madison Risk Group LLC Salary

How much does the Madison Risk Group LLC Pay for employees?

As of August 2026, the average annual salary for employees at Madison Risk Group LLC in the United States is $97,548. This translates to an approximate hourly wage of $47. Salaries at Madison Risk Group LLC typically range from $85,826 to $110,294 annually, reflecting the diverse roles and experience levels within the company. Madison Risk Group LLC’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 Madison Risk Group LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Madison Risk Group LLC. 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 Madison Risk Group LLC

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

Is Madison Risk Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Madison Risk Group LLC’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)
Madison Risk Group LLC
Insurance
Focus 1 Insurance Group Inc
Gateway Services Group LLC
Industry Comparison
Our data shows that, on average, compensation at Madison Risk Group LLC 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 Madison Risk Group LLC average annual salary with several similar companies. Madison Risk Group LLC average salary of $97,548 is higher than Focus 1 Insurance Group Inc, which has an average salary of $87,939. It is higher than Gateway Services Group LLC, with their average salary at $93,930. This places Madison Risk Group LLC in a competitive position among its peers.
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Employee Reviews: Working at Madison Risk Group LLC

Considering a career at Madison Risk Group LLC? 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 team is professional, though interactions are mostly task-oriented. The insurance products are top-notch, which makes client work rewarding. It’s a great workplace for those looking to grow in the insurance sector. Professional development is a priority, with regular training sessions. A dependable choice for those seeking a steady corporate career. It’s a decent place to work if you value con...
The insurance industry can be demanding, but the company provides excellent resources to manage workloads effectively. The leadership team is forward-thinking, and employees are given opportunities to take on new challenges. The onboarding process was thorough, and mentorship programs are very helpful. The insurance products are top-tier, making it easier to serve clients effectively.
This is a fantastic place for insurance professionals. The insurance industry expertise here is impressive, and collaboration is encouraged. The insurance sector can be demanding, but the company provides ample support. I’m glad to be part of this organization.

Madison Risk Group LLC Overview

Website
www.madisonriskgroup.com
Founded In
2013
Employees
<25 employees
Industry
Insurance
Headquarter Address
620 Freedom Business Ctr Dr King Of Prussia Pennsylvania PA 19406
Revenue
$5 Million - $10 Million
Phone Number
+1 4846551915
Social Media
About Madison Risk Group LLC
Madison Risk Group (MRG) is a risk management and property casualty insurance services firm serving the Mid-Atlantic region. Headquartered in the Philadelphia, Pennsylvania metropolitan area, MRG's risk management consulting clients include construction managers, general contractors, subcontractors, architects and engineers and owners and suppliers on both private and public projects. MRG is partn

What Benefits Does Madison Risk Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Madison Risk Group LLC 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 Madison Risk Group LLC.
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 Madison Risk Group LLC, 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 Madison Risk Group LLC 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 Madison Risk Group LLC

1. What is the typical salary range (low to high) for most roles at Madison Risk Group LLC?

The typical annual salary range for most roles at Madison Risk Group LLC is approximately from $85,826 to $110,294. 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.

2. How much does Madison Risk Group LLC pay compared to Focus 1 Insurance Group Inc?

The average annual salary at Madison Risk Group LLC is $97,548, or an hourly wage of $47, in comparison to Focus 1 Insurance Group Inc which pays $87,939 per year or $42 per hour.

3. Do salaries differ significantly between departments at Madison Risk Group LLC?

Yes, salaries often differ between departments at Madison Risk Group LLC 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. How does experience level affect salary at Madison Risk Group LLC?

Experience level is a significant factor in determining salary at Madison Risk Group LLC, 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.

5. How can I determine if a salary offer from Madison Risk Group LLC in Philadelphia is fair given the local cost of living?

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

6. Why might an individual's actual salary at Madison Risk Group LLC differ from the ranges shown here?

An individual's actual salary at Madison Risk Group LLC 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.