Sumitomo Life Salary

Sumitomo Life Salary

How much does the Sumitomo Life Pay for employees?

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As of August 2026, the average annual salary for employees at Sumitomo Life in the United States is $101,303. This translates to an approximate hourly wage of $49. Salaries at Sumitomo Life typically range from $89,134 to $114,537 annually, reflecting the diverse roles and experience levels within the company. Sumitomo Life’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 Sumitomo Life Pay for Different Roles?

Explore detailed salary information for specific jobs at Sumitomo Life. 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.
How accurate does the salary look to you?

Current Job Openings at Sumitomo Life

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

Is Sumitomo Life’s Pay Competitive? Salary Benchmarking Analysis

How does Sumitomo Life’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
180k
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90k
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Average Salary ($/year)
Sumitomo Life
Insurance
Medicare Advisors of Alabama LLC
B F Re Underwriters LLC
Industry Comparison
Our data shows that, on average, compensation at Sumitomo Life is below the average for the U.S. Insurance industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Sumitomo Life average annual salary with several similar companies. Sumitomo Life average salary of $101,303 is higher than Medicare Advisors of Alabama LLC, which has an average salary of $84,764. It is lower than B F Re Underwriters LLC, with their average salary at $103,022. This places Sumitomo Life in a mid-range 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 Sumitomo Life's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sumitomo Life

Considering a career at Sumitomo Life? 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 team atmosphere is positive, and managers are supportive. A great environment for long-term career development. Managers are approachable, and employees are encouraged to share ideas. It’s a good choice for those seeking a low-drama, steady work environment.
Commented in March 01, 2025
35
3
My experience at this company has been very positive. The office space is bright and ergonomic, making it a pleasant place to work. Communication from upper management is consistent, though more feedback channels would be beneficial. The office culture is inclusive, with team-building activities that make the workplace enjoyable. A great place to advance professionally. Working here has been a pos...
Commented in December 15, 2024
40
1
It is innovative, the company provides stability and fair compensation. Working at this insurance company has been a great experience. My experience here has been steady.
Commented in January 06, 2024
48
2

Sumitomo Life Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Insurance
Headquarter Address
970 W 190th St Torrance California CA 90502
Revenue
<$5 Million
Phone Number
+1 3107683369
Social Media
About Sumitomo Life
Sumitomo Life is a company that operates in the Insurance industry. It employs 1-5 people and has $0M-$1M of revenue. The company is headquartered in Torrance, California.

What Benefits Does Sumitomo Life Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sumitomo Life 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 Torrance?

Understanding the cost of living near Torrance is key to truly evaluating a salary offer or your current compensation at Sumitomo Life.
Torrance's Cost of Living Index is approximately 159.2 (59.2% more expensive than US average; 13.9% more than CA average). South Bay LA County city, high housing costs due to desirable location, good schools, and proximity to beaches/employment. When planning your budget based on a salary from Sumitomo Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,200+ A significant portion of Sumitomo Life salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Torrance Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $460 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,650 - $5,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sumitomo Life

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

The typical annual salary range for most roles at Sumitomo Life is approximately from $89,134 to $114,537. 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 Sumitomo Life pay compared to Medicare Advisors of Alabama LLC?

The average annual salary at Sumitomo Life is $101,303, or an hourly wage of $49, in comparison to Medicare Advisors of Alabama LLC which pays $84,764 per year or $41 per hour.

3. Do salaries differ significantly between departments at Sumitomo Life?

Yes, salaries often differ between departments at Sumitomo Life 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 Sumitomo Life?

Experience level is a significant factor in determining salary at Sumitomo Life, 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 Sumitomo Life in Torrance is fair given the local cost of living?

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

6. What factors influence salary increases at Sumitomo Life?

Salary increases at Sumitomo Life are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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