Monarch Insurance Salary

Monarch Insurance Salary

How much does the Monarch Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Monarch Insurance in the United States is $87,569. This translates to an approximate hourly wage of $42. Salaries at Monarch Insurance typically range from $77,047 to $99,014 annually, reflecting the diverse roles and experience levels within the company. Monarch Insurance’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 Monarch Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Monarch Insurance. 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 Monarch Insurance

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

Is Monarch Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Monarch Insurance’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)
Monarch Insurance
Insurance
State Farm VP Management Corp
Lloyds Claims Administration
Industry Comparison
Our data shows that, on average, compensation at Monarch Insurance is below the average for the U.S. Insurance industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Monarch Insurance average annual salary with several similar companies. Monarch Insurance average salary of $87,569 is lower than State Farm VP Management Corp, which has an average salary of $100,322. It is higher than Lloyds Claims Administration, with their average salary at $87,422. This places Monarch Insurance 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.

How Monarch Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Monarch Insurance

Considering a career at Monarch Insurance? 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.
There are plenty of learning opportunities, and leadership is invested in employee success. The office atmosphere is welcoming, and remote work flexibility is a plus. The workload is reasonable, and colleagues are professional. The company fosters a collaborative environment where ideas are valued. Benefits are above average, and career growth is possible.
Commented in February 08, 2025
14
2
The insurance industry knowledge gained is invaluable. The leadership is transparent about company goals, and employees are kept in the loop through regular updates. The management team is proactive in addressing concerns. Steady-paced role. The collaborative environment here is exceptional.
Commented in September 20, 2024
50
1
Still, it’s a reliable place to work if you’re in insurance. The company offers great benefits, including health coverage and performance bonuses. I appreciate the comprehensive benefits package, including health coverage, retirement plans, and wellness programs. The work-life balance initiatives, like flexible hours, are appreciated. Benefits are standard, and the company maintains a professional...
Commented in September 04, 2024
18
0

Monarch Insurance Overview

Website
www.monarchinsurancekc.com
Founded In
2021
Employees
<25 employees
Industry
Insurance
Headquarter Address
5218 E Truman Rd Kansas City Missouri MO 64127
Revenue
<$5 Million
Phone Number
+1 8162037405
Social Media
About Monarch Insurance
Monarch Insurance is a company that operates in the Insurance industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Kansas City, Missouri.

What Benefits Does Monarch Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monarch Insurance 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 Kansas City?

Understanding the cost of living near Kansas City is key to truly evaluating a salary offer or your current compensation at Monarch Insurance.
Kansas City, MO's Cost of Living Index is approximately 87.2 (12.8% less expensive than US average; 1.9% less than MO average). Major city, BBQ/jazz, affordable housing, RideKC bus/streetcar (free). When planning your budget based on a salary from Monarch Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Monarch Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (RideKC monthly pass, streetcar free) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,270 - $3,670+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monarch Insurance

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

The typical annual salary range for most roles at Monarch Insurance is approximately from $77,047 to $99,014. 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 Monarch Insurance pay compared to State Farm VP Management Corp?

The average annual salary at Monarch Insurance is $87,569, or an hourly wage of $42, in comparison to State Farm VP Management Corp which pays $100,322 per year or $48 per hour.

3. How does experience level affect salary at Monarch Insurance?

Experience level is a significant factor in determining salary at Monarch Insurance, 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 Monarch Insurance in Kansas City is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Monarch Insurance?

Several key factors influence salary levels at Monarch Insurance. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Monarch Insurance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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