Smith-lba Insurance Salary

How much does the Smith-lba Insurance Pay for employees?

As of August 2026, the average annual salary for employees at Smith-lba Insurance in the United States is $81,990. This translates to an approximate hourly wage of $39. Salaries at Smith-lba Insurance typically range from $72,144 to $92,710 annually, reflecting the diverse roles and experience levels within the company. Smith-lba 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 Smith-lba Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Smith-lba 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 Smith-lba Insurance

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

Is Smith-lba Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Smith-lba 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)
Smith-lba Insurance
Insurance
American Union Risk Associates LLC
Vogue Insurance Agency LLC
Industry Comparison
Our data shows that, on average, compensation at Smith-lba Insurance is below the average for the U.S. Insurance industry by approximately 34%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Smith-lba Insurance average annual salary with several similar companies. Smith-lba Insurance average salary of $81,990 is lower than American Union Risk Associates LLC, which has an average salary of $102,885. It is lower than Vogue Insurance Agency LLC, with their average salary at $88,403. This places Smith-lba 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.

Employee Reviews: Working at Smith-lba Insurance

Considering a career at Smith-lba 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.
Friendly workplace, modern office. The team is collaborative, and the office culture is welcoming. Still, a decent place to work in insurance. The company also offers strong retirement benefits.
The company sponsors certifications and advanced training, which is great for career growth. This company values its employees and fosters a culture of respect. Training programs are thorough, helping employees stay updated in the insurance field. A decent option for those in insurance. Team events and recognition programs boost engagement. Benefits like bonuses and flexible hours enhance job sati...
The compensation package is fair, with regular performance reviews ensuring merit-based raises. Compensation is market-appropriate, though not groundbreaking. This company truly values its employees. This company stands out for its employee recognition programs. Work-life balance is respected, and remote work options are flexible.

Smith-lba Insurance Overview

Website
www.smith-lba.com
Founded In
1975
Employees
<25 employees
Industry
Insurance
Headquarter Address
111 W Main St New Roads Louisiana LA 70760
Revenue
<$5 Million
Phone Number
+1 2256384473
Social Media
About Smith-lba Insurance
The J. O. Smith Agency and the L. Bouanchaud Agency are located in New Roads, Louisiana. Since 1903, we have provided citizens of Pointe Coupee, and the surrounding community, with professional consultation and service related to their personal and commercial insurance needs. We are honored to regarded by our neighbors as the trusted source for insurance advice, especially with personal auto and h

What Benefits Does Smith-lba Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Smith-lba 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 Monroe?

Understanding the cost of living near Monroe is key to truly evaluating a salary offer or your current compensation at Smith-lba Insurance.
Monroe's Cost of Living Index is approximately 78.8 (21.2% less expensive than US average; 15.3% less than LA average). NE LA city (UL Monroe), very affordable housing. Monroe Transit. When planning your budget based on a salary from Smith-lba Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,100+ A significant portion of Smith-lba Insurance salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,870 - $3,070+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Smith-lba Insurance

1. What is the average salary for employees at Smith-lba Insurance?

The average annual total compensation for employees at Smith-lba Insurance is approximately $81,990. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,144 to $92,710, depending on factors like job role, experience, and location.

2. How much does Smith-lba Insurance pay compared to American Union Risk Associates LLC?

The average annual salary at Smith-lba Insurance is $81,990, or an hourly wage of $39, in comparison to American Union Risk Associates LLC which pays $102,885 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at Smith-lba Insurance?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Smith-lba Insurance for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Smith-lba Insurance offer cost-of-living adjustments (COLA) for employees in high-cost areas like Monroe?

While some companies offer formal COLA, many, including potentially Smith-lba Insurance, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Smith-lba Insurance?

Most companies, likely including Smith-lba Insurance, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.