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Interstate Life Insurance Co Salary

Interstate Life Insurance Co Salary

How much does the Interstate Life Insurance Co Pay for employees?

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As of October 2026, the average annual salary for employees at Interstate Life Insurance Co in the United States is $98,666. This translates to an approximate hourly wage of $47. Salaries at Interstate Life Insurance Co typically range from $86,788 to $111,611 annually, reflecting the diverse roles and experience levels within the company. Interstate Life Insurance 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.
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Current Job Openings at Interstate Life Insurance Co

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

Is Interstate Life Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Interstate Life Insurance 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)
Interstate Life Insurance Co
Insurance
CMFG Life Insurance Co
Everlake Life Insurance Co
Industry Comparison
Our data shows that, on average, compensation at Interstate Life Insurance Co is below the average for the U.S. Insurance industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Interstate Life Insurance Co average annual salary with several similar companies. Interstate Life Insurance Co average salary of $98,666 is higher than CMFG Life Insurance Co, which has an average salary of $98,476. It is lower than Everlake Life Insurance Co, with their average salary at $99,478. This places Interstate Life Insurance Co in a mid-range position among its peers.
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How Interstate Life Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Interstate Life Insurance Co

Considering a career at Interstate Life Insurance 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.
The company has a strong sense of community, and leadership ensures transparency in decision-making. The work environment is collaborative, and the benefits, including wellness programs, are a big plus. It’s a dependable company with consistent performance expectations. This insurance company fosters a positive and motivating workplace. The company fosters a culture of respect and innovation.
Commented in May 12, 2025
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Managers are supportive and encourage professional development. The benefits package is competitive, including health insurance and retirement plans. Workloads are distributed fairly, and teamwork is highly encouraged. Team dynamics are smooth, and management is reasonable. Colleagues are collaborative, and the company invests in employee development through training programs. It’s a decent place ...
Commented in April 04, 2025
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The management team is accessible and invests in employee success. Flexible work arrangements are available, which is a huge benefit. The company values employee feedback, and management is responsive. Benefits like tuition reimbursement and hybrid work options add value.
Commented in January 19, 2024
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Interstate Life Insurance Co Overview

Website
Data pending, update soon.
Founded In
2018
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
3750 W Deerfield Rd Riverwoods Illinois IL 60015
Revenue
$10 Million - $50 Million
Phone Number
+1 8475201900
Social Media
About Interstate Life Insurance Co
Interstate Life Insurance Co 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 Riverwoods, Illinois.

What Benefits Does Interstate Life Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Interstate Life Insurance 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Interstate Life Insurance Co.
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 Interstate Life Insurance Co, 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 Interstate Life Insurance Co 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 Interstate Life Insurance Co

1. What is the typical salary range (low to high) for most roles at Interstate Life Insurance Co?

The typical annual salary range for most roles at Interstate Life Insurance Co is approximately from $86,788 to $111,611. 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 Interstate Life Insurance Co pay compared to CMFG Life Insurance Co?

The average annual salary at Interstate Life Insurance Co is $98,666, or an hourly wage of $47, in comparison to CMFG Life Insurance Co which pays $98,476 per year or $47 per hour.

3. How does experience level affect salary at Interstate Life Insurance Co?

Experience level is a significant factor in determining salary at Interstate Life Insurance 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.

4. How can I determine if a salary offer from Interstate Life Insurance Co in Chicago is fair given the local cost of living?

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

5. Are the salaries listed for Interstate Life Insurance Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Interstate Life Insurance Co, 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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