Explore More About Welch Insurance Group

Welch Insurance Group Salary

How much does the Welch Insurance Group Pay for employees?

Yearly Salary Hourly Rate Monthly Salary Weekly Salary

Salary at Welch Insurance Group

Current Job Openings at Welch Insurance Group

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

Is Welch Insurance Group’s Pay Competitive? Salary Benchmarking Analysis

How does Welch Insurance Group’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)

Welch Insurance Group

Insurance

Susquehanna Insurance Group

CSAA Insurance Group

Industry Comparison

Our data shows that, on average, compensation at Welch Insurance Group is below the average for the U.S. Insurance industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.

Peer Company Comparison

To provide a broader market perspective, we compared Welch Insurance Group average annual salary with several similar companies. Welch Insurance Group average salary of $99,014 is higher than Susquehanna Insurance Group, which has an average salary of $97,622. It is higher than CSAA Insurance Group, with their average salary at $97,231. This places Welch Insurance Group in a competitive position among its peers.

See Your True Competitors

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How Welch Insurance Group's Salaries Compare to Similar Companies?

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

Susquehanna Insurance Group

$97,622 / year

Salary Range: $85,853 - $110,452

Port Deposit, MD

CSAA Insurance Group

$97,231 / year

Salary Range: $85,505 - $110,013

Gambrills, MD

Geny Insurance Group LLC

$98,434 / year

Salary Range: $86,559 - $111,367

Lutherville, MD

incPrime Access Insurance Advisory Group Inc

$102,400 / year

Salary Range: $90,050 - $115,854

Frederick, MD

Insurance Servs Group Inc

$102,759 / year

Salary Range: $90,362 - $116,257

Cambridge, MD

Kavin Group Insurance Inc

$105,670 / year

Salary Range: $92,927 - $119,561

Silver Spring, MD

htmlLOUIS AND JOHNSON INSURANCE GROUP Inc

$99,204 / year

Salary Range: $87,237 - $112,245

Reisterstown, MD

Alscott Surety Inc

$95,923 / year

Salary Range: $84,359 - $108,538

Denver, CO

The Transcontinental Adjustment Corporation Inc

$98,793 / year

Salary Range: $86,870 - $111,769

Baltimore, MD

Employee Reviews: Working at Welch Insurance Group

Considering a career at Welch Insurance Group? 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.

Enjoy the work-life balance here. The team is professional, and processes are well-defined, reducing confusion. There are opportunities for skill development, though advancement can take time. It’s a reliable employer with steady career progression options. Managers are supportive, and there’s a good balance between autonomy and teamwork. The company maintains a professional atmosphere with clear ...

Commented in April 22, 2025

Leadership communicates company objectives clearly, though feedback loops could be stronger. The company maintains a professional atmosphere with structured workflows. I’ve been with this company for over three years, and it’s been a great journey. Work-life balance is respected, making it a great place for long-term employment. This company fosters a culture of respect and continuous learning.

Commented in March 12, 2025

Colleagues are professional, though teamwork could be stronger. The collaborative culture here is amazing. The company follows structured workflows, ensuring efficiency.

Commented in August 14, 2024

The insurance industry can be fast-paced, but the team handles challenges well. Benefits meet industry expectations. It’s a reliable employer for insurance professionals. It’s a solid choice for those who value stability over high-intensity roles. This company fosters a supportive and inclusive workplace.

Commented in February 28, 2024

Welch Insurance Group Overview

Website

Data pending, update soon.

Founded In

Data pending, update soon.

Employees

50 - 100 employees

Industry

Insurance

Headquarter Address

3044 Hudson St Baltimore Maryland MD 21224

Revenue

$5 Million - $10 Million

Phone Number

+1 4106753122

About Welch Insurance Group

Welch Insurance Group is a company that operates in the Insurance industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Baltimore, Maryland.

What Benefits Does Welch Insurance Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Welch Insurance Group 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?

Get an estimated calculation of how much you should be earning and insight into your career options.

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What Is the Cost of Living Near Baltimore?

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

Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Welch Insurance Group, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,200 - $1,900+	A significant portion of Welch Insurance Group salary. Location choices impact this heavily.
Utilities (Basic)	$150 - $250	Electricity, Heating, Cooling, Water etc.
Public Transportation	$77 (MTA CharmCard 31-day pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$420 - $620	Can be higher with more dining out or specialty stores.
Personal & Leisure	$400 - $750+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$380 - $700+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,627 - $4,227+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Welch Insurance Group

1. What is the typical salary range (low to high) for most roles at Welch Insurance Group?

The typical annual salary range for most roles at Welch Insurance Group is approximately from $87,072 to $112,025. 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 Welch Insurance Group pay compared to Susquehanna Insurance Group?

The average annual salary at Welch Insurance Group is $99,014, or an hourly wage of $48, in comparison to Susquehanna Insurance Group which pays $97,622 per year or $47 per hour.

3. How does experience level affect salary at Welch Insurance Group?

Experience level is a significant factor in determining salary at Welch Insurance Group, 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.

4. How can I determine if a salary offer from Welch Insurance Group in Baltimore is fair given the local cost of living?

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

5. What factors influence salary increases at Welch Insurance Group?

Salary increases at Welch Insurance Group 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.