Open Insurance Salary

Open Insurance Salary

How much does the Open Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Open Insurance in the United States is $96,092. This translates to an approximate hourly wage of $46. Salaries at Open Insurance typically range from $84,543 to $108,648 annually, reflecting the diverse roles and experience levels within the company. Open 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 Open Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Open 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 Open Insurance

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

Is Open Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Open 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)
Open Insurance
Insurance
Carroll Consulting Services LLC
Petra Insurance Group LLC
Industry Comparison
Our data shows that, on average, compensation at Open Insurance is below the average for the U.S. Insurance industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Open Insurance average annual salary with several similar companies. Open Insurance average salary of $96,092 is lower than Carroll Consulting Services LLC, which has an average salary of $99,499. It is higher than Petra Insurance Group LLC, with their average salary at $96,029. This places Open 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 Open Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Open Insurance

Considering a career at Open 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.
While workloads can fluctuate, management ensures fair distribution. It’s a stable workplace with reasonable expectations for employees. It’s a great place to grow if you’re passionate about insurance. The benefits, including health and retirement plans, are outstanding. A decent option for those in insurance.
Commented in March 19, 2025
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0
It’s a great place to grow in the insurance field. A dependable workplace for those seeking stability. Teamwork is encouraged, making it a great place for collaboration.
Commented in February 19, 2025
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2
Training is adequate, though not exceptional. A great workplace for driven professionals. The hybrid work model, health benefits, and professional development opportunities are outstanding. The team is professional, and interactions are mostly task-oriented. Love the team dynamics and the company’s commitment to employee well-being. The office has great amenities, including a wellness room and fre...
Commented in June 01, 2024
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1

Open Insurance Overview

Website
Data pending, update soon.
Founded In
2000
Employees
<25 employees
Industry
Insurance
Headquarter Address
3607 Chapel Rd Newtown Square Pennsylvania PA 19073
Revenue
<$5 Million
Phone Number
+1 6103256006
Social Media
About Open Insurance
Open Insurance is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Newtown Square, Pennsylvania.

What Benefits Does Open Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Open 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Open Insurance.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Open Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Open Insurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Open Insurance

1. What is the average salary for employees at Open Insurance?

The average annual total compensation for employees at Open Insurance is approximately $96,092. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,543 to $108,648, depending on factors like job role, experience, and location.

2. How much does Open Insurance pay compared to Carroll Consulting Services LLC?

The average annual salary at Open Insurance is $96,092, or an hourly wage of $46, in comparison to Carroll Consulting Services LLC which pays $99,499 per year or $48 per hour.

3. What is the lowest salary at Open Insurance?

The lowest-paying job at Open Insurance is a Finance Specialist with a salary of $70,003 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Open Insurance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Open Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Open Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Philadelphia?

While some companies offer formal COLA, many, including potentially Open Insurance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Open Insurance?

Most companies, likely including Open Insurance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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