Open Lending Salary

Open Lending Salary

How Much Does Open Lending Pay for employees?

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As of August 2026, the average monthly salary for employees at Open Lending in the United States is $6,834. This translates to an approximate annual wage of $82,003. Salaries at Open Lending typically range from $5,992 to $7,757 monthly, reflecting the diverse roles and experience levels within the company. Open Lending’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 Lending Pay for Different Roles?

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.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Open Lending.
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About Open Lending: Company Profile

Website
www.openlending.com
Founded In
2000
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Location
AUSTIN
Revenue
<$5 Million
Phone Number
-
Social Media
About OPEN LENDING
Open Lending specializes in loan analytics, risk-based pricing, risk modeling and automated decision technology for automotive lenders throughout the United States. Open Lending's flagship product, Lenders ProtectionΓäó, is a unique auto lending enablement platform. It utilizes proprietary data and advanced decisioning analytics to provide lenders with a powerful way to increase near and non-prime

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Open Lending's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
What impresses me most is how executives balance driving results with maintaining an ethical, employee-friendly culture. Benefits are competitive, but work can feel monotonous. Career growth exists but tends to be structured. The overall atmosphere is collaborative rather than competitive. Flexible schedules and great benefits.
Commented in May 01, 2025
18
0
The work is fast-paced but rewarding, with opportunities to shape industry trends. Despite having employees, the organization maintains agility, embracing cutting-edge technology and modern financial solutions. Leadership listens to employee feedback and takes action to improve culture and processes. The work environment is collaborative, with strong support from management and peers. The firm’s f...
Commented in April 19, 2025
49
0
Board leadership inspires confidence. Having the right tools demonstrates respect for our work. Cross-functional teams collaborate effectively on complex issues.
Commented in January 16, 2024
16
0

How Open Lending's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Open Lending’s pay competitiveness. Click on a company for a deeper dive.

Is Open Lending’s Pay Competitive? Salary Benchmarking Analysis

How does Open Lending’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Open Lending
Financial Services
SPIRIT PERFECT
FAIRPORT OFFICE OF COMMUNITY AND ECONOMIC DEVELOPMENT
Industry Comparison
Our data shows that, on average, compensation at Open Lending is below the average for the U.S. Financial Services industry by approximately 33%. 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 Lending average annual salary with several similar companies. Open Lending average salary of $82,003 is lower than SPIRIT PERFECT, which has an average salary of $92,546. It is lower than FAIRPORT OFFICE OF COMMUNITY AND ECONOMIC DEVELOPMENT, with their average salary at $83,951. This places Open Lending 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.

What Is the Cost of Living Near Austin?

Understanding the cost of living near Austin is key to truly evaluating a salary offer or your current compensation at Open Lending.
Austin's Cost of Living Index is approximately 129.5 (29.5% more expensive than US average; 39.2% more than TX average). State capital, major tech hub, 'Keep Austin Weird', very high housing costs, high overall expenses. Capital Metro. When planning your budget based on a salary from Open Lending, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,500+ A significant portion of Open Lending salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $41.25 (CapMetro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $950+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,111 - $5,071+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Open Lending

FAQ 1: What is the estimated average total compensation at Open Lending?
Salary.com estimates that the average total compensation package at Open Lending, which can include base salary, potential bonuses, and benefits, is around $82,003 annually . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Open Lending pay compared to SPIRIT PERFECT?
The average annual salary at Open Lending is $82,003, or an hourly wage of $39, in comparison to SPIRIT PERFECT which pays $92,546 per year or $44 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Open Lending?
Salary progression from an entry-level to a senior role at Open Lending 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.
FAQ 4: How can I determine if a salary offer from Open Lending in Austin is fair given the local cost of living?
To determine if a salary offer from Open Lending in Austin is fair, first compare the gross salary to our data for similar roles at Open Lending and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Austin" to understand its purchasing power.
FAQ 5: Are promotions at Open Lending usually accompanied by a significant salary increase?
Yes, promotions at Open Lending 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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