Optimum Insurance Group Salary

Optimum Insurance Group Salary

How much does the Optimum Insurance Group Pay for employees?

Salaries

Job Openings

Similar Company

Reviews

Overview

FAQ

Recommended HR Topics
Global Market Data Hot Insights on Your Competitors' PayNew Compensation Planning Hot Develop a Job Description Pay Equlity Benefits Consulting
As of August 2026, the average hourly salary for employees at Optimum Insurance Group in the United States is $46. This translates to an approximate annual wage of $95,723. Salaries at Optimum Insurance Group typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Optimum 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 accurate does the salary look to you?

Current Job Openings at Optimum Insurance Group

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

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

How does Optimum Insurance Group’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Optimum Insurance Group
Insurance
MDA Insurance & Financial Group
Shaffer Insurance Services Inc
Industry Comparison
Our data shows that, on average, compensation at Optimum Insurance Group is below the average for the U.S. Insurance industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Optimum Insurance Group average annual salary with several similar companies. Optimum Insurance Group average salary of $95,723 is higher than MDA Insurance & Financial Group, which has an average salary of $91,620. It is lower than Shaffer Insurance Services Inc, with their average salary at $107,009. This places Optimum 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.

Companies Similar to Optimum Insurance Group and Their Hourly Pay Rates

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

Employee Reviews: Working at Optimum Insurance Group

Considering a career at Optimum 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.
I’ve had a very positive experience here. The large employee base means resources are available, though individual experiences may differ by team. The team is professional, and interactions are mostly task-oriented. I appreciate the flexible work options and supportive management. From day one, I’ve had access to mentorship programs and skill-building workshops.
Commented in May 02, 2025
44
3
The pay is competitive, and bonuses reflect performance fairly. Work-life balance is respected, and the office vibe is positive. Colleagues are professional, and teamwork is encouraged. The company values innovation, allowing employees to suggest process improvements. The office is modern, and remote work options are available occasionally. Training programs are thorough, ensuring everyone is well...
Commented in June 26, 2024
47
3
The training programs are excellent, helping employees stay updated in the insurance field. The company offers standard benefits, and the office environment is functional. The benefits are excellent, including strong retirement plans and health coverage.
Commented in February 05, 2024
28
2

Optimum Insurance Group Overview

Website
Data pending, update soon.
Founded In
2006
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
31393 W 13 Mile Rd Farmington Michigan MI 48334
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Optimum Insurance Group
Optimum Insurance Group is a company that operates in the Insurance industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Farmington, Michigan.

What Benefits Does Optimum Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Optimum 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)
Work at Optimum Insurance Group?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

Get estimated pay range See more details
illustration

What Is the Cost of Living Near Farmington?

Understanding the cost of living near Farmington is key to truly evaluating a salary offer or your current compensation at Optimum Insurance Group.
Farmington/Farmington Hills (Oakland Co.) Cost of Living Index is approx. 102-105. Affluent Detroit suburbs, good schools, housing near/above US avg. SMART bus. When planning your budget based on a salary from Optimum Insurance Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of Optimum Insurance Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,580 - $3,910+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Optimum Insurance Group

1. What is the typical salary range (low to high) for most roles at Optimum Insurance Group?

The typical salary range for most roles at Optimum Insurance Group is approximately from $40 to $52 per hour. 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 Optimum Insurance Group pay compared to MDA Insurance & Financial Group?

The average annual salary at Optimum Insurance Group is $95,723, or an hourly wage of $46, in comparison to MDA Insurance & Financial Group which pays $91,620 per year or $44 per hour.

3. How does experience level affect salary at Optimum Insurance Group?

Experience level is a significant factor in determining salary at Optimum Insurance Group, 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.

4. How can I determine if a salary offer from Optimum Insurance Group in Farmington is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Optimum Insurance Group?

Several key factors influence salary levels at Optimum Insurance Group. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Optimum Insurance Group likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

For Employer

What Should I Pay?

The trusted data and intuitive software your organization needs to get pay right.

Explore CompAnalyst ®
Looking for Accurate Salary Data?

Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.

Surveys & Data Sets
Unlock Intelligence on Your Competitors' Salaries Across 35 Countries

Real-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.

SalaryIQTM
The Only Compensation System That Helps You EXCEL.

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.

Compensation Planning