Illinois Mutual Life Salary

Illinois Mutual Life Salary

How Much Does Illinois Mutual Life Pay for employees?

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As of August 2026, the average annual salary for employees at Illinois Mutual Life in the United States is $79,172. This translates to an approximate hourly wage of $38. Salaries at Illinois Mutual Life typically range from $69,634 to $87,606 annually, reflecting the diverse roles and experience levels within the company. Illinois Mutual Life’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 Illinois Mutual Life 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.

Allstate Insurance Customer Service Representative

$46,317 / year

Salary Range: $41,773 - $52,266

Customer Service

Insurance Retention Specialist

$62,943 / year

Salary Range: $53,330 - $75,168

Sales

Insurance Sales Representative

$47,150 / year

Salary Range: $42,524 - $53,159

Medical Technology

Management Trainee

$66,518 / year

Salary Range: $59,390 - $73,603

Automotive Repair

Customer Service Representative

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Lawn Care

$186,305 / year

Salary Range: $167,171 - $211,605

Physician

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 Illinois Mutual Life.
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About Illinois Mutual Life: Company Profile

Website
www.illinoismutual.com
Founded In
1910
Employees
100 - 200 employees
Industry
Insurance
Headquarter Location
PRIOR LAKE
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About ILLINOIS MUTUAL LIFE
Illinois Mutual provides various life insurance products, mutual funds and investment advisory services.

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

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Illinois Mutual Life's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I’d recommend this company to professionals looking for stability and growth. Performance reviews are fair, and high achievers are rewarded. The workload is predictable, and the environment is professional. Management values work-life balance, and benefits like health coverage are strong. Training programs are thorough, helping new hires adjust quickly.
Commented in April 28, 2025
21
0
The insurance industry can be demanding, but the company provides excellent resources to manage workloads effectively. A great workplace for motivated professionals. I joined this company a year ago and have no regrets. Management communicates company updates regularly, though decision-making can sometimes take longer than expected.
Commented in April 25, 2025
23
2
It’s a great place to advance your career. Work expectations are clear, and processes are streamlined for productivity. The leadership team is approachable and values employee feedback. This company offers a supportive environment for insurance professionals. Colleagues are collaborative, making teamwork seamless. The company operates efficiently, with well-defined processes. The company provides ...
Commented in August 24, 2024
24
2
The leadership team is approachable and genuinely cares about employee well-being. Training programs are thorough, and there’s a strong emphasis on teamwork. Compensation is competitive, making it a rewarding workplace.
Commented in January 01, 2024
14
1

How Illinois Mutual Life's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Illinois Mutual Life’s pay competitiveness. Click on a company for a deeper dive.

Is Illinois Mutual Life’s Pay Competitive? Salary Benchmarking Analysis

How does Illinois Mutual Life’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
150k
120k
90k
60k
30k
0
Average Salary ($/year)
Illinois Mutual Life
Insurance
INTERNATIONAL FIDELITY INSURANCE COMPANY
ISU WILLIAMSCHWARTZ
Industry Comparison
Our data shows that, on average, compensation at Illinois Mutual Life is below the average for the U.S. Insurance industry by approximately 36%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Illinois Mutual Life average annual salary with several similar companies. Illinois Mutual Life average salary of $79,172 is lower than INTERNATIONAL FIDELITY INSURANCE COMPANY, which has an average salary of $84,271. It is higher than ISU WILLIAMSCHWARTZ, with their average salary at $74,557. This places Illinois Mutual Life 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.

What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Illinois Mutual Life.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Illinois Mutual Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Illinois Mutual Life salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Illinois Mutual Life

FAQ 1: What is the typical salary range (low to high) for most roles at Illinois Mutual Life?
The typical annual salary range for most roles at Illinois Mutual Life is approximately from $69,634 to $87,606. 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 Illinois Mutual Life pay compared to INTERNATIONAL FIDELITY INSURANCE COMPANY?
The average annual salary at Illinois Mutual Life is $79,172, or an hourly wage of $38, in comparison to INTERNATIONAL FIDELITY INSURANCE COMPANY which pays $84,271 per year or $41 per hour.
FAQ 3: How does experience level affect salary at Illinois Mutual Life?
Experience level is a significant factor in determining salary at Illinois Mutual Life, 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 Illinois Mutual Life in Minneapolis is fair given the local cost of living?
To determine if a salary offer from Illinois Mutual Life in Minneapolis is fair, first compare the gross salary to our data for similar roles at Illinois Mutual Life and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Minneapolis" to understand its purchasing power.
FAQ 5: Are the salaries listed for Illinois Mutual Life on Salary.com pre-tax or after-tax?
All salary figures displayed for Illinois Mutual Life, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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