Insurance Technology Xchange Salary

How much does the Insurance Technology Xchange Pay for employees?

As of August 2026, the average annual salary for employees at Insurance Technology Xchange in the United States is $94,120. This translates to an approximate hourly wage of $45. Salaries at Insurance Technology Xchange typically range from $82,719 to $106,489 annually, reflecting the diverse roles and experience levels within the company. Insurance Technology Xchange’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 Insurance Technology Xchange Pay for Different Roles?

Explore detailed salary information for specific jobs at Insurance Technology Xchange. 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 Insurance Technology Xchange

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

Is Insurance Technology Xchange’s Pay Competitive? Salary Benchmarking Analysis

How does Insurance Technology Xchange’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)
Insurance Technology Xchange
Business Services
Goldstein Gellman Melbostad Harris & McSparran LLP
RA Fredericks & Company LLP
Industry Comparison
Our data shows that, on average, compensation at Insurance Technology Xchange is below the average for the U.S. Business Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Insurance Technology Xchange average annual salary with several similar companies. Insurance Technology Xchange average salary of $94,120 is lower than Goldstein Gellman Melbostad Harris & McSparran LLP, which has an average salary of $110,332. It is lower than RA Fredericks & Company LLP, with their average salary at $101,556. This places Insurance Technology Xchange in a developing position among its peers.
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Employee Reviews: Working at Insurance Technology Xchange

Considering a career at Insurance Technology Xchange? 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 worked here for over a year, and while it’s been a stable experience, I haven’t felt particularly inspired. Professional development is emphasized through workshops and learning stipends. It’s a great place to develop skills while contributing to meaningful client outcomes. Standard business solutions. Policies are strict but fair.
Training materials are thorough, and mentorship is emphasized. Response times varied by department. Room for improvement in communication. We celebrate our successes together, which makes the hard work feel even more rewarding. Training is available and it is tailored to individual roles. I never feel guilty about taking time off when needed, and the culture actively discourages burnout.
The health insurance benefits are comprehensive and affordable. The company offers engaging challenges. Management is professional but may to act on employee feedback.

Insurance Technology Xchange Overview

Website
www.itxbroker.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Business Services
Headquarter Address
650 N Dearborn St Chicago Illinois IL 60654
Revenue
<$5 Million
Phone Number
+1 3124400004
Social Media
About Insurance Technology Xchange
ITX is a leading information source on applied and emerging insurance technology. We focus exclusively on insurance software vendors and other service providers. Since our inception in 1994, we have established a working rapport with the major segments of the insurance technology industry. Our innovative services are offered to both buyers and sellers which include insurance carriers, software ven

What Benefits Does Insurance Technology Xchange Offer Beyond Salary?

A competitive compensation package is more than just a salary. Insurance Technology Xchange 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Insurance Technology Xchange.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Insurance Technology Xchange, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Insurance Technology Xchange salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Insurance Technology Xchange

1. How much does Insurance Technology Xchange in the United States pay?

Insurance Technology Xchange pays its employees an average of $94,120 per year. The average salary at Insurance Technology Xchange range from $82,719 to $106,489 per year. 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 Insurance Technology Xchange employees get a higher salary than its peer company?

The salary at Insurance Technology Xchange is lesser than its peer company. The average annual salary at Insurance Technology Xchange is $94,120, or an hourly wage of $45, in comparison to Goldstein Gellman Melbostad Harris & McSparran LLP which pays $110,332 per year or $53 per hour.

3. How much does salary increase with years of experience at Insurance Technology Xchange?

Salary progression with years of experience at Insurance Technology Xchange 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 Insurance Technology Xchange vary by office location?

Yes, it's very likely that salaries at Insurance Technology Xchange 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 Chicago section provides more context.

5. Does Insurance Technology Xchange offer good benefits?

Insurance Technology Xchange 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 Insurance Technology Xchange" section on this page.