Security State Insurance Salary

How much does the Security State Insurance Pay for employees?

As of August 2026, the average annual salary for employees at Security State Insurance in the United States is $85,428. This translates to an approximate hourly wage of $41. Salaries at Security State Insurance typically range from $75,168 to $96,600 annually, reflecting the diverse roles and experience levels within the company. Security State 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 Security State Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Security State 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 Security State Insurance

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

Is Security State Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Security State 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)
Security State Insurance
Insurance
Lake Park & Cuba Insurance Co
O'Connor Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Security State Insurance is below the average for the U.S. Insurance industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Security State Insurance average annual salary with several similar companies. Security State Insurance average salary of $85,428 is higher than Lake Park & Cuba Insurance Co, which has an average salary of $83,298. It is lower than O'Connor Insurance Agency, with their average salary at $88,761. This places Security State Insurance in a mid-range 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.

Employee Reviews: Working at Security State Insurance

Considering a career at Security State 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.
It’s an excellent place for those seeking both stability and career progression. The company fosters a culture of innovation and teamwork. Fast-paced but fulfilling. The benefits package is competitive, including wellness programs. The workload is fair, and overtime is rarely expected.
A dependable place for steady employment. I’m pleased with my experience at this company. The company’s reputation in the insurance industry adds job security. Processes are efficient, though some could be modernized. Benefits meet industry norms. Training is adequate, and processes are well-structured.
A great place for long-term professional development. Leadership is strong and approachable, fostering a positive work environment. Managers are supportive, and there’s a good balance between autonomy and teamwork. There’s a strong emphasis on work-life balance, with flexible schedules.

Security State Insurance Overview

Website
www.ssimn.com
Founded In
1972
Employees
<25 employees
Industry
Insurance
Headquarter Address
402 Minnesota Ave N Aitkin Minnesota MN 56431
Revenue
<$5 Million
Phone Number
+1 3205323233
Social Media
About Security State Insurance
Security State Insurance is a company that operates in the Insurance industry. It employs 1-5 people and has $1M-$5M of revenue. The company is headquartered in Aitkin, Minnesota.

What Benefits Does Security State Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Security State 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 Security State 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 Security State 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 Security State 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 Security State Insurance

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

The typical annual salary range for most roles at Security State Insurance is approximately from $75,168 to $96,600. 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 Security State Insurance pay compared to Lake Park & Cuba Insurance Co?

The average annual salary at Security State Insurance is $85,428, or an hourly wage of $41, in comparison to Lake Park & Cuba Insurance Co which pays $83,298 per year or $40 per hour.

3. Do salaries differ significantly between departments at Security State Insurance?

Yes, salaries often differ between departments at Security State Insurance due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Security State Insurance?

Experience level is a significant factor in determining salary at Security State 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.

5. How can I determine if a salary offer from Security State Insurance in Minneapolis is fair given the local cost of living?

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

6. Are the salaries listed for Security State Insurance on Salary.com pre-tax or after-tax?

All salary figures displayed for Security State Insurance, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.