Msig Salary

Msig Salary

How much does the Msig Pay for employees?

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As of April 2026, the average annual salary for employees at Msig in the United States is $117,135. This translates to an approximate hourly wage of $56. Salaries at Msig typically range from $102,842 to $132,718 annually, reflecting the diverse roles and experience levels within the company. Msig’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 Msig Pay for Different Roles?

Explore detailed salary information for specific jobs at Msig. 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.
How accurate does the salary look to you?

Current Job Openings at Msig

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

Is Msig’s Pay Competitive? Salary Benchmarking Analysis

How does Msig’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)
Msig
Business Services
Pepperjam LLC
Fisherman's Cove
Industry Comparison
Our data shows that, on average, compensation at Msig is below the average for the U.S. Business Services industry by approximately 3%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Msig average annual salary with several similar companies. Msig average salary of $117,135 is higher than Pepperjam LLC, which has an average salary of $94,394. It is higher than Fisherman's Cove, with their average salary at $110,933. This places Msig in a competitive 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 Msig's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Msig

Considering a career at Msig? 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 love the cross-departmental collaboration. I’m constantly inspired by the creativity and passion of my colleagues. The benefits are excellent, and the wellness initiatives show they care about employees' well-being. Opportunities for growth exist, but they require initiative and aren't easily visible.
Commented in March 19, 2025
48
2
It fosters a culture of mutual respect and collaboration. Response times varied by department. However, the culture is a bit impersonal at times. It’s a professional yet relaxed environment where long-term careers are built and nurtured. The paid parental leave policy is incredibly generous. Overall a competent environment with reasonable expectations. I’ve had several opportunities to upskill and...
Commented in August 22, 2024
23
3
This creates a much more pleasant and productive work environment where energy is spent on our clients and our work, not on navigating office drama. Client relationships are built on trust and partnership, not just transactions. People from different departments are always willing to lend a hand. Training is standardized and somewhat basic.
Commented in June 06, 2024
11
0
Work-life balance is supported but may shift with project needs. Training programs help skill development. Communication is polite and professional but sometimes lacks transparency. The work-life balance is also well respected. The collaborative environment means help is always available.
Commented in January 17, 2024
35
3

Msig Overview

Website
www.msigusa.com
Founded In
1992
Employees
200 - 500 employees
Industry
Business Services
Headquarter Address
15 Independence Blvd Warren New Jersey NJ 07059
Revenue
$50 Million - $200 Million
Phone Number
+1 8003881802
Social Media
About Msig
MSIG Holdings (U.S.A.) Inc. operates as a member of Mitsui Sumitomo Insurance Company and is responsible for managing the member insurance companies located in the United States. MSIG provides customized services and solutions to help clients identify their unique risks and effectively manage them. Founded in 1918, the company is headquartered in Warren, New Jersey.

What Benefits Does Msig Offer Beyond Salary?

A competitive compensation package is more than just a salary. Msig 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 Jersey City?

Understanding the cost of living near Jersey City is key to truly evaluating a salary offer or your current compensation at Msig.
Jersey City's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 16.1% more than NJ average). Across from Manhattan, very high housing costs, excellent transit (PATH, Light Rail, Ferry). When planning your budget based on a salary from Msig, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Msig salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $121 (PATH 30-day unlimited) / NJ Transit varies Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,041 - $6,401+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Msig

1. What is the estimated average total compensation at Msig?

Salary.com estimates that the average total compensation package at Msig, which can include base salary, potential bonuses, and benefits, is around $117,135 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Msig pay compared to Pepperjam LLC?

The average annual salary at Msig is $117,135, or an hourly wage of $56, in comparison to Pepperjam LLC which pays $94,394 per year or $45 per hour.

3. Do salaries differ significantly between departments at Msig?

Yes, salaries often differ between departments at Msig 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Msig?

Salary progression from an entry-level to a senior role at Msig can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Msig in Jersey City is fair given the local cost of living?

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

6. Are promotions at Msig usually accompanied by a significant salary increase?

Yes, promotions at Msig are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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