Sumitomo Mitsui Trust Salary

Sumitomo Mitsui Trust Salary

How much does the Sumitomo Mitsui Trust Pay for employees?

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As of August 2026, the average annual salary for employees at Sumitomo Mitsui Trust in the United States is $108,824. This translates to an approximate hourly wage of $52. Salaries at Sumitomo Mitsui Trust typically range from $95,750 to $123,049 annually, reflecting the diverse roles and experience levels within the company. Sumitomo Mitsui Trust’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 Mitsui Trust Pay for Different Roles?

Explore detailed salary information for specific jobs at Sumitomo Mitsui Trust. 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 Sumitomo Mitsui Trust

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

Is Sumitomo Mitsui Trust’s Pay Competitive? Salary Benchmarking Analysis

How does Sumitomo Mitsui Trust’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)
Sumitomo Mitsui Trust
Insurance
Tim Presko Insurance
ALIA Riverton Insurance Agency Corp
Industry Comparison
Our data shows that, on average, compensation at Sumitomo Mitsui Trust is below the average for the U.S. Insurance industry by approximately 12%. 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 Mitsui Trust average annual salary with several similar companies. Sumitomo Mitsui Trust average salary of $108,824 is higher than Tim Presko Insurance, which has an average salary of $89,795. It is higher than ALIA Riverton Insurance Agency Corp, with their average salary at $98,202. This places Sumitomo Mitsui Trust 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 Sumitomo Mitsui Trust's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Sumitomo Mitsui Trust

Considering a career at Sumitomo Mitsui Trust? 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 is dynamic, it’s a reliable employer with reasonable expectations. The culture is friendly, and management is open to feedback. The company operates efficiently, and the workload is reasonable. It’s a forward-thinking workplace with strong job security.
Commented in February 23, 2025
33
2
Managers are supportive and encourage professional development. While there aren’t many extra perks, the job provides consistency, which can be a plus for many. Work-life balance is respected, making this a great long-term career option. The company is stable, with clear workflows.
Commented in October 19, 2024
45
2
This company is a fantastic place to work. A top employer in the field. The benefits, including retirement plans, are competitive. I’ve enjoyed my time here due to the strong teamwork and supportive management. Leadership is accessible, and teamwork is strong. The workplace culture is friendly, and there’s a strong emphasis on teamwork.
Commented in July 28, 2024
8
3

Sumitomo Mitsui Trust Overview

Website
www.sumitrust-am.com
Founded In
1991
Employees
<25 employees
Industry
Insurance
Headquarter Address
1251 Avenue of the Americas New York City New York NY 10020
Revenue
$5 Million - $10 Million
Phone Number
+1 2124183030
Social Media
About Sumitomo Mitsui Trust
Sumitomo Mitsui Trust Asset Management Co., Ltd. Commodity Investment Advisor License The Minister of Economy, Trade and Industry #(1) No.25 Member : The Investment Trusts Association, Japan

What Benefits Does Sumitomo Mitsui Trust Offer Beyond Salary?

A competitive compensation package is more than just a salary. Sumitomo Mitsui Trust 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Sumitomo Mitsui Trust.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Sumitomo Mitsui Trust, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Sumitomo Mitsui Trust salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) 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) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Sumitomo Mitsui Trust

1. What is the estimated average total compensation at Sumitomo Mitsui Trust?

Salary.com estimates that the average total compensation package at Sumitomo Mitsui Trust, which can include base salary, potential bonuses, and benefits, is around $108,824 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Sumitomo Mitsui Trust pay compared to Tim Presko Insurance?

The average annual salary at Sumitomo Mitsui Trust is $108,824, or an hourly wage of $52, in comparison to Tim Presko Insurance which pays $89,795 per year or $43 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Sumitomo Mitsui Trust?

Salary progression from an entry-level to a senior role at Sumitomo Mitsui Trust can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Sumitomo Mitsui Trust in New York is fair given the local cost of living?

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

5. Are promotions at Sumitomo Mitsui Trust usually accompanied by a significant salary increase?

Yes, promotions at Sumitomo Mitsui Trust are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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