Security Indemnity Insurance Salary

How much does the Security Indemnity Insurance Pay for employees?

As of August 2026, the average hourly salary for employees at Security Indemnity Insurance in the United States is $52. This translates to an approximate annual wage of $108,897. Salaries at Security Indemnity Insurance typically range from $46 to $59 hourly, reflecting the diverse roles and experience levels within the company. Security Indemnity 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.
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Current Job Openings at Security Indemnity Insurance

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Is Security Indemnity Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Security Indemnity Insurance’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
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Average Salary ($/year)
Security Indemnity Insurance
Insurance
Custom Benefit Programs Inc
Chubb Agribusiness
Industry Comparison
Our data shows that, on average, compensation at Security Indemnity Insurance is below the average for the U.S. Insurance industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Security Indemnity Insurance average annual salary with several similar companies. Security Indemnity Insurance average salary of $108,897 is higher than Custom Benefit Programs Inc, which has an average salary of $102,896. It is higher than Chubb Agribusiness, with their average salary at $87,295. This places Security Indemnity Insurance in a competitive position among its peers.
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Employee Reviews: Working at Security Indemnity Insurance

Considering a career at Security Indemnity 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.
Highly recommend for anyone in the insurance sector. Management is approachable and encourages professional growth. The insurance industry is regulated, so processes are well-defined. While innovation is steady, the company’s stability is a key advantage.
Flexible schedules and good training programs. The job responsibilities are clearly defined, and expectations are reasonable. The insurance industry can be fast-paced, but the management ensures employees have the tools to succeed. It’s a standard corporate job with good job security. The diversity and inclusion initiatives are commendable. The office culture is positive, making it a pleasant plac...
For anyone looking for stability and growth in insurance, this is a solid choice. The office is well-maintained, and flexible scheduling is a big advantage. The company provides a standard corporate experience. The company culture here is fantastic. The insurance sector is challenging, but the team is knowledgeable and helpful.

Security Indemnity Insurance Overview

Website
www.yelp.com/biz/security-indemnity-insurance-cedar-knolls
Founded In
1999
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
1355 Campus Pkwy Wall Township New Jersey NJ 07753
Revenue
$10 Million - $50 Million
Phone Number
+1 7329383896
Social Media
About Security Indemnity Insurance
Security Indemnity Insurance is a company that operates in the Insurance industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Wall Township, New Jersey.

What Benefits Does Security Indemnity Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Security Indemnity 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Security Indemnity Insurance.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Security Indemnity Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Security Indemnity Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Security Indemnity Insurance

1. How much does Security Indemnity Insurance in the United States pay?

Security Indemnity Insurance pays its employees an average of $52 per hour. The average salary at Security Indemnity Insurance range from $46 to $59 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. Do Security Indemnity Insurance employees get a higher salary than its peer company?

The salary at Security Indemnity Insurance is higher than its peer company. The average annual salary at Security Indemnity Insurance is $108,897, or an hourly wage of $52, in comparison to Custom Benefit Programs Inc which pays $102,896 per year or $49 per hour.

3. How much does salary increase with years of experience at Security Indemnity Insurance?

Salary progression with years of experience at Security Indemnity Insurance is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Security Indemnity Insurance vary by office location?

Yes, it's very likely that salaries at Security Indemnity Insurance vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Jersey City section provides more context.

5. Does Security Indemnity Insurance offer good benefits?

Security Indemnity Insurance typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Security Indemnity Insurance" section on this page.