SCM Insurance Services Co Salary

SCM Insurance Services Co Salary

How much does the SCM Insurance Services Co Pay for employees?

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As of August 2026, the average annual salary for employees at SCM Insurance Services Co in the United States is $99,805. This translates to an approximate hourly wage of $48. Salaries at SCM Insurance Services Co typically range from $87,787 to $112,879 annually, reflecting the diverse roles and experience levels within the company. SCM Insurance Services 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.
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Current Job Openings at SCM Insurance Services Co

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Is SCM Insurance Services Co’s Pay Competitive? Salary Benchmarking Analysis

How does SCM Insurance Services 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
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Average Salary ($/year)
SCM Insurance Services Co
Insurance
Charles J Sellers & Co Inc
United States Security Fire and Casualty Insurance Co
Industry Comparison
Our data shows that, on average, compensation at SCM Insurance Services Co is below the average for the U.S. Insurance industry by approximately 19%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SCM Insurance Services Co average annual salary with several similar companies. SCM Insurance Services Co average salary of $99,805 is higher than Charles J Sellers & Co Inc, which has an average salary of $88,192. It is higher than United States Security Fire and Casualty Insurance Co, with their average salary at $97,063. This places SCM Insurance Services Co in a competitive position among its peers.
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How SCM Insurance Services Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SCM Insurance Services Co

Considering a career at SCM Insurance Services 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.
The insurance industry can be demanding, but the supportive culture makes it manageable. The insurance products are top-quality, making client interactions fulfilling. Coworkers are professional and kind. The insurance industry is fast-paced, but the company provides the tools needed to succeed.
Commented in May 10, 2025
21
1
The company offers clear career paths and encourages internal promotions. The management prioritizes staff well-being, offering wellness programs and mental health support. There’s a good mix of autonomy and teamwork. I highly recommend this employer to professionals in the insurance sector. The benefits package is competitive, and work-life balance is respected. This company fosters a culture of ...
Commented in February 16, 2025
9
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I appreciate the emphasis on teamwork and professional development. The culture promotes innovation, and new ideas are welcomed. Leadership is transparent about company goals, which fosters trust. The office environment is modern and welcoming. The workload is consistent, and processes are well-documented.
Commented in July 01, 2024
43
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The company provides excellent training and resources for insurance professionals. Working here has been a positive and growth-oriented experience. Team collaboration is strong, and managers are supportive of professional growth. The work-life balance is excellent, with flexible hours and remote options.
Commented in June 10, 2024
8
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I’ve grown professionally here and would highly recommend it to others in the insurance field. Leadership is transparent about goals, and employees are given the tools to succeed. Communication from leadership is consistent, though more mentorship would be beneficial.
Commented in February 27, 2024
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2

SCM Insurance Services Co Overview

Website
www.scminsuranceservices.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
125 S Wacker Dr Chicago Illinois IL 60606
Revenue
$5 Million - $10 Million
Phone Number
+1 3126462334
Social Media
About SCM Insurance Services Co
SCM Insurance Services delivers world-class service through a commitment to quality and innovative business solutions for our customers and stakeholders who require claims management and adjusting, health solutions, risk mitigation, and investigations

What Benefits Does SCM Insurance Services Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. SCM Insurance Services 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at SCM Insurance Services Co.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from SCM Insurance Services Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of SCM Insurance Services Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of SCM Insurance Services Co

1. How much does a SCM Insurance Services Co employee make?

SCM Insurance Services Co pays its employees an average of $99,805 per year. The average salary at SCM Insurance Services Co range from $87,787 to $112,879 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 SCM Insurance Services Co?

The salary at SCM Insurance Services Co is higher than the similar company. The average annual salary at SCM Insurance Services Co is $99,805, or an hourly wage of $48, in comparison to Charles J Sellers & Co Inc which pays $88,192 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at SCM Insurance Services Co?

In many roles at SCM Insurance Services Co, 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 Chicago affect the perceived value of a SCM Insurance Services Co salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from SCM Insurance Services Co based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does SCM Insurance Services Co typically offer employees?

SCM Insurance Services Co 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 SCM Insurance Services Co" section on this page.

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