Patrick Axell Insurance Salary

How much does the Patrick Axell Insurance Pay for employees?

As of August 2026, the average annual salary for employees at Patrick Axell Insurance in the United States is $97,664. This translates to an approximate hourly wage of $47. Salaries at Patrick Axell Insurance typically range from $85,917 to $110,465 annually, reflecting the diverse roles and experience levels within the company. Patrick Axell 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.
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Current Job Openings at Patrick Axell Insurance

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Is Patrick Axell Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Patrick Axell 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)
Patrick Axell Insurance
Insurance
Oslo Assuranse
Alpha Assurance Inc
Industry Comparison
Our data shows that, on average, compensation at Patrick Axell Insurance is below the average for the U.S. Insurance industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Patrick Axell Insurance average annual salary with several similar companies. Patrick Axell Insurance average salary of $97,664 is higher than Oslo Assuranse, which has an average salary of $82,116. It is lower than Alpha Assurance Inc, with their average salary at $98,856. This places Patrick Axell Insurance in a mid-range position among its peers.
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Employee Reviews: Working at Patrick Axell Insurance

Considering a career at Patrick Axell 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.
The company offers a supportive and engaging work environment. Strong ethics and employee-focused policies. The insurance training is excellent, and managers are supportive. Friendly colleagues and positive office environment.
Good for long-term employment. The insurance products are top-notch, making it easier to serve clients. The company fosters a positive work environment where employees are encouraged to share ideas. A good fit for those who prefer stability.
The company invests in employee development through training programs. Teamwork is encouraged, making it a great place for collaboration. The company operates efficiently, and the workload is reasonable. The insurance industry can be demanding, but the supportive culture makes it manageable. Expectations are clear, and processes are efficient. It’s a good fit for those who prefer a low-drama workp...
Great colleagues and strong company vision. Training programs are thorough, ensuring everyone is well-prepared for their roles. Leadership is approachable, and there’s a strong emphasis on teamwork.
The insurance industry can be predictable, but the team handles it well. Benefits like wellness programs and bonuses make it a standout employer. The team is cooperative, and management maintains open communication. A fantastic place to grow your career.

Patrick Axell Insurance Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
7600 Parklawn Ave Edina Minnesota MN 55435
Revenue
<$5 Million
Phone Number
-
Social Media
About Patrick Axell Insurance
Patrick Axell Insurance is a company that operates in the Insurance industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Edina, Minnesota.

What Benefits Does Patrick Axell Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Patrick Axell 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Patrick Axell Insurance.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Patrick Axell Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Patrick Axell Insurance salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Patrick Axell Insurance

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

The average annual total compensation for employees at Patrick Axell Insurance is approximately $97,664. However, this is an aggregate figure, actual salaries can range significantly, typically from $85,917 to $110,465, depending on factors like job role, experience, and location.

2. How much does Patrick Axell Insurance pay compared to Oslo Assuranse?

The average annual salary at Patrick Axell Insurance is $97,664, or an hourly wage of $47, in comparison to Oslo Assuranse which pays $82,116 per year or $39 per hour.

3. How does having a professional certification impact salary for relevant roles at Patrick Axell 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 Patrick Axell Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Patrick Axell Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Patrick Axell 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.

5. What's the typical process for salary reviews and raises at Patrick Axell Insurance?

Most companies, likely including Patrick Axell 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.