Ray Insurance Group LLC Salary

Ray Insurance Group LLC Salary

How much does the Ray Insurance Group LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Ray Insurance Group LLC in the United States is $83,414. This translates to an approximate hourly wage of $40. Salaries at Ray Insurance Group LLC typically range from $73,391 to $94,308 annually, reflecting the diverse roles and experience levels within the company. Ray Insurance Group LLC’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 Ray Insurance Group LLC Pay for Different Roles?

Explore detailed salary information for specific jobs at Ray Insurance Group LLC. 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 Ray Insurance Group LLC

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

Is Ray Insurance Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Ray Insurance Group LLC’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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90k
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Average Salary ($/year)
Ray Insurance Group LLC
Insurance
Bridge First Insurance
Billow Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Ray Insurance Group LLC is below the average for the U.S. Insurance 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 Ray Insurance Group LLC average annual salary with several similar companies. Ray Insurance Group LLC average salary of $83,414 is lower than Bridge First Insurance, which has an average salary of $101,018. It is lower than Billow Insurance Agency, with their average salary at $86,325. This places Ray Insurance Group LLC in a developing position among its peers.
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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 Ray Insurance Group LLC's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ray Insurance Group LLC

Considering a career at Ray Insurance Group LLC? 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 also prioritizes mental health with wellness programs. Managers are approachable and recognize employee contributions. The company operates smoothly, and the workload is manageable. Good place to gain experience.
Commented in May 21, 2025
30
1
The team is competent, though collaboration varies by department. Still, a decent place to work in insurance. The benefits package is competitive, including wellness programs. Benefits are standard, and the office is comfortable. I’ve been with this company for over a year and have no major complaints. I’ve enjoyed my time here and would recommend it to others seeking a fulfilling insurance career...
Commented in March 20, 2025
25
3
Career growth is encouraged, and the work environment is inclusive. The company offers standard benefits, including health insurance and paid time off. The leadership team is transparent and encourages open communication. The insurance industry is fast-paced, but teamwork makes it manageable.
Commented in September 25, 2024
35
1

Ray Insurance Group LLC Overview

Website
www.rayinsurancegroup.com
Founded In
2011
Employees
<25 employees
Industry
Insurance
Headquarter Address
11447 Overlook Dr Fishers Indiana IN 46037
Revenue
<$5 Million
Phone Number
+1 3178419995
Social Media
About Ray Insurance Group LLC
The Ray Insurance Group is a full service, independent insurance agency located in Fishers, Indiana. We specialize in helping clients with their car insurance, homeowners insurance, business insurance and life insurance. Why choose an independent agency? As an independent, we are free to choose the best carrier to fit your individual insurance needs and risk. The Ray Insurance Group represents a c

What Benefits Does Ray Insurance Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ray Insurance Group LLC 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 Fishers?

Understanding the cost of living near Fishers is key to truly evaluating a salary offer or your current compensation at Ray Insurance Group LLC.
Fishers' Cost of Living Index is approximately 104.5 (4.5% more expensive than US average; 15.3% more than IN average). Affluent Indianapolis suburb, rapid growth, high housing costs. IndyGo access. When planning your budget based on a salary from Ray Insurance Group LLC, 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 Ray Insurance Group LLC salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation IndyGo access (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,730 - $4,380+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ray Insurance Group LLC

1. How much does a Ray Insurance Group LLC employee make?

Ray Insurance Group LLC pays its employees an average of $83,414 per year. The average salary at Ray Insurance Group LLC range from $73,391 to $94,308 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 Ray Insurance Group LLC?

The salary at Ray Insurance Group LLC is lesser than the similar company. The average annual salary at Ray Insurance Group LLC is $83,414, or an hourly wage of $40, in comparison to Bridge First Insurance which pays $101,018 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Ray Insurance Group LLC?

In many roles at Ray Insurance Group LLC, 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 Fishers affect the perceived value of a Ray Insurance Group LLC salary?

Fishers' Cost of Living Index is approximately 104.5 (4.5% more expensive than US average; 15.3% more than IN average). This significantly impacts the purchasing power of a salary from Ray Insurance Group LLC based there. Our "Cost of Living Insights for Fishers" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Ray Insurance Group LLC typically offer employees?

Ray Insurance Group LLC 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 Ray Insurance Group LLC" section on this page.

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