Paul Murphy Insurance Co Salary

Paul Murphy Insurance Co Salary

How much does the Paul Murphy Insurance Co Pay for employees?

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As of August 2026, the average annual salary for employees at Paul Murphy Insurance Co in the United States is $102,252. This translates to an approximate hourly wage of $49. Salaries at Paul Murphy Insurance Co typically range from $89,968 to $115,623 annually, reflecting the diverse roles and experience levels within the company. Paul Murphy Insurance Co’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 Paul Murphy Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Paul Murphy Insurance Co. 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 Paul Murphy Insurance Co

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

Is Paul Murphy Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Paul Murphy Insurance Co’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
180k
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Average Salary ($/year)
Paul Murphy Insurance Co
Insurance
Big I New Jersey Inc
OpenEyes
Industry Comparison
Our data shows that, on average, compensation at Paul Murphy Insurance Co is below the average for the U.S. Insurance industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Paul Murphy Insurance Co average annual salary with several similar companies. Paul Murphy Insurance Co average salary of $102,252 is higher than Big I New Jersey Inc, which has an average salary of $96,177. It is lower than OpenEyes, with their average salary at $112,684. This places Paul Murphy Insurance Co 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 Paul Murphy Insurance Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Paul Murphy Insurance Co

Considering a career at Paul Murphy Insurance Co? 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’m satisfied with my role here. The insurance industry is fast-paced, but the company provides the tools needed to succeed. The insurance knowledge gained here is valuable for career growth. Highly recommended for those in the insurance field. It’s a suitable environment for those who prefer structure and stability in their work.
Commented in May 14, 2025
17
0
A dependable place for steady employment. The benefits meet industry standards, and the workload is balanced. The insurance products are top-tier, making it easier to serve clients effectively.
Commented in March 18, 2025
22
0
The workload is manageable, and the team is professional. Flexible schedules and good benefits make this a great place to work. Workload distribution is fair, and teamwork is encouraged. The company’s emphasis on work-life balance is commendable. The company rewards hard work and provides ample training.
Commented in August 30, 2024
37
1

Paul Murphy Insurance Co Overview

Website
www.paulmurphyinsurance.com
Founded In
1988
Employees
<25 employees
Industry
Insurance
Headquarter Address
628 Broadway Malden Massachusetts MA 02148
Revenue
<$5 Million
Phone Number
+1 7813219700
Social Media
About Paul Murphy Insurance Co
The Paul Murphy Insurance Agency was founded in 1988, with the goal of becoming a full-service insurance agency dedicated to customer service and careful carrier selection for its loyal clients. In 1995, Paul Murphy Insurance was selected to be one of four Massachusetts insurance agencies to join the largest agency network in North America - the Strategic Independent Agents Alliance (SIAA). SIAA w

What Benefits Does Paul Murphy Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Paul Murphy Insurance Co 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 Malden?

Understanding the cost of living near Malden is key to truly evaluating a salary offer or your current compensation at Paul Murphy Insurance Co.
Malden's Cost of Living Index is approximately 140.5 (40.5% more expensive than US average; 6.0% more than MA average). Inner Boston suburb, MBTA Orange Line, high housing costs. When planning your budget based on a salary from Paul Murphy Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $2,800+ A significant portion of Paul Murphy Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $690 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $770+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,560 - $5,310+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Paul Murphy Insurance Co

1. What is the average salary for employees at Paul Murphy Insurance Co?

The average annual total compensation for employees at Paul Murphy Insurance Co is approximately $102,252. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,968 to $115,623, depending on factors like job role, experience, and location.

2. How much does Paul Murphy Insurance Co pay compared to Big I New Jersey Inc?

The average annual salary at Paul Murphy Insurance Co is $102,252, or an hourly wage of $49, in comparison to Big I New Jersey Inc which pays $96,177 per year or $46 per hour.

3. How does having a professional certification impact salary for relevant roles at Paul Murphy Insurance Co?

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 Paul Murphy Insurance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Paul Murphy Insurance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Malden?

While some companies offer formal COLA, many, including potentially Paul Murphy Insurance Co, 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 Paul Murphy Insurance Co?

Most companies, likely including Paul Murphy Insurance Co, 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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