Rayls Insurance Salary

Rayls Insurance Salary

How much does the Rayls Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Rayls Insurance in the United States is $82,918. This translates to an approximate hourly wage of $40. Salaries at Rayls Insurance typically range from $72,960 to $93,759 annually, reflecting the diverse roles and experience levels within the company. Rayls 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 Rayls Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Rayls 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 Rayls Insurance

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

Is Rayls Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Rayls 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)
Rayls Insurance
Insurance
CIRCA Ltd
Pfenninger
Industry Comparison
Our data shows that, on average, compensation at Rayls Insurance 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 Rayls Insurance average annual salary with several similar companies. Rayls Insurance average salary of $82,918 is lower than CIRCA Ltd, which has an average salary of $101,925. It is lower than Pfenninger, with their average salary at $84,057. This places Rayls Insurance 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.

How Rayls Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Rayls Insurance

Considering a career at Rayls 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 leadership team is transparent and encourages open communication. Benefits like tuition reimbursement and wellness incentives are valuable. Benefits are standard but reliable. The compensation is fair, with performance-based incentives. Workload distribution is fair, and colleagues are easy to work with.
Commented in February 06, 2025
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1
The company also encourages volunteering, which fosters team bonding. The hybrid work arrangement is a plus, though more flexibility in scheduling could be beneficial. Friendly workplace, modern office. Colleagues are knowledgeable and willing to collaborate, making problem-solving much smoother. Processes are efficient, and the company maintains a professional atmosphere. It’s a reliable employer...
Commented in December 26, 2024
19
2
The company also offers good health benefits and performance incentives. A great place to work. A great employer overall. It’s a fantastic place for insurance professionals looking for growth and stability. Management is straightforward, with minimal micromanagement.
Commented in July 20, 2024
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Rayls Insurance Overview

Website
www.raylsinsurance.com
Founded In
1947
Employees
<25 employees
Industry
Insurance
Headquarter Address
701 N Washington St Kokomo Indiana IN 46901
Revenue
<$5 Million
Phone Number
+1 7654525656
Social Media
About Rayls Insurance
Established in 1947. Home, Auto, Boats, Motorcycles, Umbrella, Business Insurance, Workers Compensation, Life Insurance, Disability Insurance, Health Insurance. Rayls Insurance was started in 1947 by Bill Rayls on North Main Street in Kokomo, IN. Jack Dean our current owner came to the agency at 701 N. Washington in 1980 and has helped lead the agency in this electronic age to a modern paperless a

What Benefits Does Rayls Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Rayls 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Rayls Insurance.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Rayls Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Rayls Insurance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rayls Insurance

1. What is the typical salary range (low to high) for most roles at Rayls Insurance?

The typical annual salary range for most roles at Rayls Insurance is approximately from $72,960 to $93,759. 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. How much does Rayls Insurance pay compared to CIRCA Ltd?

The average annual salary at Rayls Insurance is $82,918, or an hourly wage of $40, in comparison to CIRCA Ltd which pays $101,925 per year or $49 per hour.

3. How does experience level affect salary at Rayls Insurance?

Experience level is a significant factor in determining salary at Rayls Insurance, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Rayls Insurance in Indianapolis is fair given the local cost of living?

To determine if a salary offer from Rayls Insurance in Indianapolis is fair, first compare the gross salary to our data for similar roles at Rayls Insurance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Indianapolis" to understand its purchasing power.

5. What are the key factors that influence salary levels at Rayls Insurance?

Several key factors influence salary levels at Rayls Insurance. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Rayls Insurance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.

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