Transit General Insurance Co Salary

How much does the Transit General Insurance Co Pay for employees?

As of August 2026, the average annual salary for employees at Transit General Insurance Co in the United States is $95,734. This translates to an approximate hourly wage of $46. Salaries at Transit General Insurance Co typically range from $84,231 to $108,245 annually, reflecting the diverse roles and experience levels within the company. Transit General Insurance Co’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 Transit General Insurance Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Transit General Insurance Co. 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 Transit General Insurance Co

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

Is Transit General Insurance Co’s Pay Competitive? Salary Benchmarking Analysis

How does Transit General Insurance Co’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)
Transit General Insurance Co
Insurance
Professional Services Plans Inc
Cassel Insurance Agency
Industry Comparison
Our data shows that, on average, compensation at Transit General Insurance Co is below the average for the U.S. Insurance industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Transit General Insurance Co average annual salary with several similar companies. Transit General Insurance Co average salary of $95,734 is higher than Professional Services Plans Inc, which has an average salary of $86,631. It is higher than Cassel Insurance Agency, with their average salary at $87,432. This places Transit General Insurance Co 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.

Employee Reviews: Working at Transit General Insurance Co

Considering a career at Transit General Insurance Co? 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.
Stable environment, decent workload. The hybrid work model allows flexibility without compromising productivity. The benefits package is robust, including retirement plans and wellness incentives. The insurance industry can be demanding, but the team makes it manageable. Overall, it’s a great workplace with plenty of opportunities for advancement.
The company values innovation, allowing employees to suggest process improvements. The company invests in training, helping employees stay updated with industry trends. Compensation is competitive, and recognition programs boost morale. Training programs are robust, ensuring employees stay updated on industry trends. While innovation isn’t the fastest here, processes are reliable. Colleagues are r...
Workload distribution is fair, and teamwork is encouraged. Training sessions are comprehensive, ensuring employees are well-equipped for their roles. The company also engages in meaningful corporate social responsibility efforts. Employees are treated well, and management is transparent about company goals.

Transit General Insurance Co Overview

Website
www.transitgeneral.com
Founded In
2008
Employees
<25 employees
Industry
Insurance
Headquarter Address
5450 N Cumberland Ave Chicago Illinois IL 60656
Revenue
<$5 Million
Phone Number
+1 7735577663
Social Media
About Transit General Insurance Co
Transit General Insurance Company was founded by a group of specialists in the area of fleet transportation, insurance, finance, law and business. The vision was to create an Insurance carrier that met the unique needs of the transportation industry and always put the customer first.

What Benefits Does Transit General Insurance Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Transit General Insurance Co 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Transit General Insurance Co.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Transit General Insurance Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Transit General Insurance Co salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Transit General Insurance Co

1. What is the average salary for employees at Transit General Insurance Co?

The average annual total compensation for employees at Transit General Insurance Co is approximately $95,734. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,231 to $108,245, depending on factors like job role, experience, and location.

2. How much does Transit General Insurance Co pay compared to Professional Services Plans Inc?

The average annual salary at Transit General Insurance Co is $95,734, or an hourly wage of $46, in comparison to Professional Services Plans Inc which pays $86,631 per year or $42 per hour.

3. What is the lowest salary at Transit General Insurance Co?

The lowest-paying job at Transit General Insurance Co is an Administrative Assistant with a salary of $46,760 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Transit General Insurance Co?

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 Transit General Insurance Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Transit General Insurance Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Transit General Insurance Co, 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.

6. What's the typical process for salary reviews and raises at Transit General Insurance Co?

Most companies, likely including Transit General Insurance Co, 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.