Individual Assurance Co Salary

How much does the Individual Assurance Co Pay for employees?

As of August 2026, the average annual salary for employees at Individual Assurance Co in the United States is $88,740. This translates to an approximate hourly wage of $43. Salaries at Individual Assurance Co typically range from $78,027 to $100,417 annually, reflecting the diverse roles and experience levels within the company. Individual Assurance Co’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 Individual Assurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Individual Assurance Co. 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 Individual Assurance Co

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

Is Individual Assurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Individual Assurance Co’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)
Individual Assurance Co
Insurance
Affinity Insurance Services Inc
Preferred Medical Claim Solutions LLC
Industry Comparison
Our data shows that, on average, compensation at Individual Assurance Co is below the average for the U.S. Insurance industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Individual Assurance Co average annual salary with several similar companies. Individual Assurance Co average salary of $88,740 is lower than Affinity Insurance Services Inc, which has an average salary of $105,512. It is lower than Preferred Medical Claim Solutions LLC, with their average salary at $95,976. This places Individual Assurance Co in a developing position among its peers.
See Your True Competitors
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Employee Reviews: Working at Individual Assurance Co

Considering a career at Individual Assurance Co? 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.
Not the most dynamic workplace, but reliable. Strong training programs and career growth opportunities. Performance recognition is fair, and bonuses are attainable. I’ve had opportunities to attend industry conferences and training sessions, which have helped me grow in my role.
Good incentives. Team dynamics are great, and leadership is approachable. The organization is large enough to provide job security but can sometimes feel bureaucratic due to its size.
Work-life balance is prioritized, making it a great long-term career choice. The company offers excellent career growth opportunities, and the leadership team is supportive. The company meets industry standards in terms of compensation and work expectations. The team is collaborative, and the company culture is very welcoming. Training opportunities are abundant, and the compensation package is co...
Compensation is competitive, and benefits like health insurance and bonuses are appreciated. I’ve enjoyed my time here due to the strong teamwork and supportive management. The company operates efficiently with clear processes in place.

Individual Assurance Co Overview

Website
www.iaclife.net
Founded In
1956
Employees
50 - 100 employees
Industry
Insurance
Headquarter Address
930 E 2nd St Edmond Oklahoma OK 73034
Revenue
$10 Million - $50 Million
Phone Number
+1 4052850838
Social Media
About Individual Assurance Co
IAC began doing business in 1956 as Institutional Agencies Corporation, serving financial institution clients throughout the Midwest. In 1973, Individual Assurance Company, Life, Health & Accident, was established as a Missouri-domiciled life and health insurance company. Today, IAC is headquartered in Edmond, Oklahoma and operates in 43 states and throughout a number of Pacific island nations and

What Benefits Does Individual Assurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Individual Assurance Co 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 Edmond?

Understanding the cost of living near Edmond is key to truly evaluating a salary offer or your current compensation at Individual Assurance Co.
Edmond's Cost of Living Index is approximately 94.3 (5.7% less expensive than US average; 8.3% more than OK average). Affluent Oklahoma City suburb, excellent schools, higher housing costs for OK. Limited local transit. When planning your budget based on a salary from Individual Assurance Co, 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 Individual Assurance Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Car-dependent Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $360 - $680+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,260 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Individual Assurance Co

1. What is the typical salary range (low to high) for most roles at Individual Assurance Co?

The typical annual salary range for most roles at Individual Assurance Co is approximately from $78,027 to $100,417. 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 Individual Assurance Co pay compared to Affinity Insurance Services Inc?

The average annual salary at Individual Assurance Co is $88,740, or an hourly wage of $43, in comparison to Affinity Insurance Services Inc which pays $105,512 per year or $51 per hour.

3. Do salaries differ significantly between departments at Individual Assurance Co?

Yes, salaries often differ between departments at Individual Assurance Co 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 Individual Assurance Co?

Experience level is a significant factor in determining salary at Individual Assurance Co, 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 Individual Assurance Co in Edmond is fair given the local cost of living?

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

6. What factors influence salary increases at Individual Assurance Co?

Salary increases at Individual Assurance Co are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.