Lumico Salary

How much does the Lumico Pay for employees?

As of July 2026, the average annual salary for employees at Lumico in the United States is $86,578. This translates to an approximate hourly wage of $42. Salaries at Lumico typically range from $76,176 to $97,893 annually, reflecting the diverse roles and experience levels within the company. Lumico’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 Lumico Pay for Different Roles?

Explore detailed salary information for specific jobs at Lumico. 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 Lumico

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

Is Lumico’s Pay Competitive? Salary Benchmarking Analysis

How does Lumico’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)
Lumico
Insurance
RetireCorp
Blasingame Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Lumico is below the average for the U.S. Insurance industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lumico average annual salary with several similar companies. Lumico average salary of $86,578 is lower than RetireCorp, which has an average salary of $109,636. It is lower than Blasingame Insurance Agency, with their average salary at $87,316. This places Lumico in a developing 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.

Employee Reviews: Working at Lumico

Considering a career at Lumico? 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 insurance products are strong, and client interactions are fulfilling. The benefits package, including dental and vision, is impressive. I appreciate the opportunities for growth here. Decent pay, workload is manageable.
It’s a good fit for those who prefer a structured and low-stress work environment. The work environment is professional, and expectations are clearly communicated. I’m glad to be part of this organization. Management is transparent, and career progression is possible. The insurance products are top-notch, which makes client work rewarding. Leadership is transparent, and colleagues are collaborativ...
Office setup is functional but not flashy. It’s a workplace that truly invests in its employees’ success. The insurance products are high-quality, making day-to-day work more engaging.

Lumico Overview

Website
www.lumico.com
Founded In
1984
Employees
<25 employees
Industry
Insurance
Headquarter Address
PO Box 10875 Clearwater Florida FL 33757
Revenue
$5 Million - $10 Million
Phone Number
+1 8557744491
Social Media
About Lumico
Insurance is made clear with Lumico, part of Swiss Re, a large, global financial services organization that has been in the insurance business for more than 150 years. A.M. Best, the leading rating agency in the insurance industry, has assigned Lumico a financial strength rating of [A (Excellent)] effective February 23, 2018. Read more at www.lumico.com

What Benefits Does Lumico Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lumico 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Clearwater?

Understanding the cost of living near Clearwater is key to truly evaluating a salary offer or your current compensation at Lumico.
Clearwater's Cost of Living Index is approximately 98.2 (1.8% less expensive than US average; 4.7% less than FL average). Pinellas County coastal city, popular beaches, housing near US average. PSTA bus. When planning your budget based on a salary from Lumico, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Lumico salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (PSTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,680 - $4,150+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lumico

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

The typical annual salary range for most roles at Lumico is approximately from $76,176 to $97,893. 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 Lumico pay compared to RetireCorp?

The average annual salary at Lumico is $86,578, or an hourly wage of $42, in comparison to RetireCorp which pays $109,636 per year or $53 per hour.

3. Do salaries differ significantly between departments at Lumico?

Yes, salaries often differ between departments at Lumico 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 Lumico?

Experience level is a significant factor in determining salary at Lumico, 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 Lumico in Clearwater is fair given the local cost of living?

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

6. What factors influence salary increases at Lumico?

Salary increases at Lumico 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.