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Trank Insurance Salary

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Salary at Trank Insurance

Current Job Openings at Trank Insurance

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Is Trank Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Trank 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)

Trank Insurance

Insurance

Your Consultants LLC

YMW Insurance Brokerage Inc

Industry Comparison

Our data shows that, on average, compensation at Trank Insurance is below the average for the U.S. Insurance industry by approximately 30%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Trank Insurance average annual salary with several similar companies. Trank Insurance average salary of $86,747 is lower than Your Consultants LLC, which has an average salary of $107,864. It is lower than YMW Insurance Brokerage Inc, with their average salary at $109,636. This places Trank Insurance in a developing position among its peers.

See Your True Competitors

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How Trank Insurance's Salaries Compare to Similar Companies?

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

Your Consultants LLC

$107,864 / year

Salary Range: $94,907 - $121,951

New York City, NY

YMW Insurance Brokerage Inc

$109,636 / year

Salary Range: $96,464 - $123,963

Brooklyn, NY

Ping Hua Insurance Service Inc

$102,432 / year

Salary Range: $90,123 - $115,818

Monterey Park, CA

Bonnie Collins

$85,871 / year

Salary Range: $75,553 - $97,100

Elmira, NY

MJR Partners

$108,497 / year

Salary Range: $95,466 - $122,671

New York City, NY

Seaway Insurance Associates

$86,799 / year

Salary Range: $76,369 - $98,137

Gasport, NY

Claim Expert Inc

$107,094 / year

Salary Range: $94,229 - $121,085

Brooklyn, NY

Montgomery Moore

$110,047 / year

Salary Range: $96,822 - $124,427

New York City, NY

Sanseviro Agency

$99,077 / year

Salary Range: $87,173 - $112,025

Sayville, NY

Employee Reviews: Working at Trank Insurance

Considering a career at Trank 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.

Remote work options are available for certain roles, which adds flexibility. The company follows industry trends, ensuring relevance in the market. The insurance industry can be demanding, but the leadership ensures workloads are balanced. The company sponsors certifications and advanced training, which is great for career growth. Benefits align with industry norms, and the office location is conv...

Commented in April 24, 2025

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The company follows industry standards with a focus on efficiency. The team is professional, and processes are well-defined, reducing confusion. The company follows industry standards closely, ensuring compliance and efficiency.

Commented in March 08, 2025

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Colleagues are friendly and always willing to help. A good fit for those who prefer routine. Overall, it’s a great place to grow professionally while feeling supported.

Commented in June 17, 2024

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What Benefits Does Trank Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Trank 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Syracuse?

Understanding the cost of living near Syracuse is key to truly evaluating a salary offer or your current compensation at Trank Insurance.

Syracuse's Cost of Living Index is approximately 80.7 (19.3% less expensive than US average; 35.5% less than NY average). Central NY city (Syracuse Univ.), affordable housing, snow. Centro bus. When planning your budget based on a salary from Trank Insurance, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$900 - $1,400+	A significant portion of Trank Insurance salary. Location choices impact this heavily.
Utilities (Basic)	$170 - $280 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$60 (Centro monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$380 - $560	Can be higher with more dining out or specialty stores.
Personal & Leisure	$330 - $630+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$370 - $690+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,210 - $3,560+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Trank Insurance

1. How much does Trank Insurance in the United States pay?

Trank Insurance pays its employees an average of $86,747 per year. The average salary at Trank Insurance range from $76,323 to $98,076 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. Do Trank Insurance employees get a higher salary than its peer company?

The salary at Trank Insurance is lesser than its peer company. The average annual salary at Trank Insurance is $86,747, or an hourly wage of $42, in comparison to Your Consultants LLC which pays $107,864 per year or $52 per hour.

3. How much does salary increase with years of experience at Trank Insurance?

Salary progression with years of experience at Trank Insurance is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Trank Insurance vary by office location?

Yes, it's very likely that salaries at Trank Insurance vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Syracuse section provides more context.

5. Does Trank Insurance offer good benefits?

Trank Insurance typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Trank Insurance" section on this page.