Shipsurance Salary

Shipsurance Salary

How much does the Shipsurance Pay for employees?

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As of August 2026, the average annual salary for employees at Shipsurance in the United States is $100,786. This translates to an approximate hourly wage of $48. Salaries at Shipsurance typically range from $88,675 to $113,964 annually, reflecting the diverse roles and experience levels within the company. Shipsurance’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 Shipsurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Shipsurance. 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 Shipsurance

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

Is Shipsurance’s Pay Competitive? Salary Benchmarking Analysis

How does Shipsurance’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)
Shipsurance
Insurance
Reliable Adjusting Company Enterprises Inc
Jirschele Insurance LLC
Industry Comparison
Our data shows that, on average, compensation at Shipsurance 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 Shipsurance average annual salary with several similar companies. Shipsurance average salary of $100,786 is higher than Reliable Adjusting Company Enterprises Inc, which has an average salary of $84,479. It is higher than Jirschele Insurance LLC, with their average salary at $88,181. This places Shipsurance in a competitive 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 Shipsurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Shipsurance

Considering a career at Shipsurance? 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.
This company is a great place to build a career in insurance. Good incentives. My experience here has been stable and reliable. A great place to advance professionally. The insurance training programs are excellent, and leadership is inspiring.
Commented in March 29, 2025
21
2
Suitable for professionals who prefer a structured setting. The office environment is comfortable, and colleagues are respectful. I’ve enjoyed my time here due to the collaborative atmosphere. Compensation is competitive, and work-life balance is respected. Compensation and benefits are strong. The company embraces modern work trends, offering flexible schedules and remote options. Work-life balan...
Commented in March 19, 2025
15
3
The company operates efficiently, with clear processes in place for most tasks. I’ve grown significantly since joining this company. There’s not much flexibility in roles, but the stability makes up for it.
Commented in November 06, 2024
35
1

Shipsurance Overview

Website
www.shipsurance.com
Founded In
2003
Employees
<25 employees
Industry
Insurance
Headquarter Address
21900 Burbank Blvd Woodland Hills California CA 91367
Revenue
$5 Million - $10 Million
Phone Number
+1 8184448920
Social Media
About Shipsurance
Shipsurance was initially created to fill the need of complete open peril coverage in the freight market. A member of our board of directors has been in the freight industry for 25 years and indicated that there was a real lack of coverage. Just as quickly we realized that the small parcel carriers also lacked true, fair coverage for the masses. Shipsurance is now a full service provider of shippi

What Benefits Does Shipsurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Shipsurance 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 Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Shipsurance.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Shipsurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Shipsurance salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Shipsurance

1. How much does a Shipsurance employee make?

Shipsurance pays its employees an average of $100,786 per year. The average salary at Shipsurance range from $88,675 to $113,964 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 Shipsurance?

The salary at Shipsurance is higher than the similar company. The average annual salary at Shipsurance is $100,786, or an hourly wage of $48, in comparison to Reliable Adjusting Company Enterprises Inc which pays $84,479 per year or $41 per hour.

3. How much does a Director, Client Services typically earn at Shipsurance?

A Director, Client Services at Shipsurance typically earns an average annual base salary of around $188,809, with a general range of $159,908 to $215,842.

4. Do employees with advanced degrees (Master's, PhD) earn more at Shipsurance?

In many roles at Shipsurance, 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.

5. How does the cost of living near Los Angeles affect the perceived value of a Shipsurance salary?

Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). This significantly impacts the purchasing power of a salary from Shipsurance based there. Our "Cost of Living Insights for Los Angeles" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Shipsurance typically offer employees?

Shipsurance 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 Shipsurance" section on this page.

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