Municipal Assurance Corp Salary

How much does the Municipal Assurance Corp Pay for employees?

As of August 2026, the average annual salary for employees at Municipal Assurance Corp in the United States is $115,806. This translates to an approximate hourly wage of $56. Salaries at Municipal Assurance Corp typically range from $101,862 to $130,999 annually, reflecting the diverse roles and experience levels within the company. Municipal Assurance Corp’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 Municipal Assurance Corp

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Is Municipal Assurance Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Municipal Assurance Corp’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)
Municipal Assurance Corp
Insurance
Seven Insurance Brokers LLC
Keane Insurance Group Inc
Industry Comparison
Our data shows that, on average, compensation at Municipal Assurance Corp is below the average for the U.S. Insurance industry by approximately 7%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Municipal Assurance Corp average annual salary with several similar companies. Municipal Assurance Corp average salary of $115,806 is higher than Seven Insurance Brokers LLC, which has an average salary of $114,256. It is higher than Keane Insurance Group Inc, with their average salary at $92,801. This places Municipal Assurance Corp in a competitive position among its peers.
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Employee Reviews: Working at Municipal Assurance Corp

Considering a career at Municipal Assurance Corp? 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.
Managers are supportive of skill-building, and promotions are merit-based. This company has exceeded my expectations in many ways. I’m pleased with my experience at this company. The office space is modern and comfortable. The insurance sector experience gained here is valuable.
The company provides stable employment with standard industry benefits. Typical mid-sized insurance firm. Happy to be here. Working here has been a positive step in my career. Colleagues are professional, though team bonding is minimal. The culture is supportive, with managers who genuinely care about employee well-being. The company culture promotes teamwork and mutual respect.
The insurance products are well-regarded, aiding client trust. Good place to gain experience. Leadership is visionary, and teamwork is a priority.
This company provides a dynamic and engaging work environment. Colleagues are collaborative, and the office vibe is energetic. A stable employer for professionals. The company provides a stable work environment with standard insurance industry perks. Communication from leadership is clear, and teams are cooperative.
The work-life balance is manageable, and the benefits are competitive. It’s a great environment for both new and experienced professionals. It’s a fantastic place to build a long-term career.

Municipal Assurance Corp Overview

Website
www.macmunibonds.com
Founded In
2008
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
1633 Broadway New York City New York NY 10019
Revenue
$10 Million - $50 Million
Phone Number
+1 2129740100
Social Media
About Municipal Assurance Corp
Municipal Assurance Corp. (MAC) provides municipal bond insurance for the most popular types of municipal bonds. When you buy a municipal bond with MAC bond insurance, we guarantee you will receive timely payment of every interest and principal payment in full. You have the security of both the municipal issuer's pledge to pay and our unconditional, irrevocable guaranty. The state, city or other m

What Benefits Does Municipal Assurance Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Municipal Assurance Corp 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Municipal Assurance Corp.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Municipal Assurance Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Municipal Assurance Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Municipal Assurance Corp

1. How much does a Municipal Assurance Corp employee make?

Municipal Assurance Corp pays its employees an average of $115,806 per year. The average salary at Municipal Assurance Corp range from $101,862 to $130,999 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. Which similar company tend to pay more or less than Municipal Assurance Corp?

The salary at Municipal Assurance Corp is higher than the similar company. The average annual salary at Municipal Assurance Corp is $115,806, or an hourly wage of $56, in comparison to Seven Insurance Brokers LLC which pays $114,256 per year or $55 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Municipal Assurance Corp?

In many roles at Municipal Assurance Corp, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near New York affect the perceived value of a Municipal Assurance Corp salary?

New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). This significantly impacts the purchasing power of a salary from Municipal Assurance Corp based there. Our "Cost of Living Insights for New York" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Municipal Assurance Corp typically offer employees?

Municipal Assurance Corp generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Municipal Assurance Corp" section on this page.