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Wood River Insurance Salary

Wood River Insurance Salary

How much does the Wood River Insurance Pay for employees?

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As of August 2026, the average annual salary for employees at Wood River Insurance in the United States is $78,424. This translates to an approximate hourly wage of $38. Salaries at Wood River Insurance typically range from $69,001 to $88,674 annually, reflecting the diverse roles and experience levels within the company. Wood River Insurance’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 Wood River Insurance Pay for Different Roles?

Explore detailed salary information for specific jobs at Wood River Insurance. 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 Wood River Insurance

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

Is Wood River Insurance’s Pay Competitive? Salary Benchmarking Analysis

How does Wood River 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)
Wood River Insurance
Insurance
Employer Benefit Services
Michael D Carothers Insurance Agency Inc
Industry Comparison
Our data shows that, on average, compensation at Wood River Insurance is below the average for the U.S. Insurance industry by approximately 37%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Wood River Insurance average annual salary with several similar companies. Wood River Insurance average salary of $78,424 is lower than Employer Benefit Services, which has an average salary of $104,720. It is lower than Michael D Carothers Insurance Agency Inc, with their average salary at $93,487. This places Wood River Insurance in a developing 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 Wood River Insurance's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Wood River Insurance

Considering a career at Wood River 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.
The leadership is transparent about company goals, and employees are kept in the loop through regular updates. The company also recognizes hard work through bonuses and awards, which boosts morale. Workloads are distributed fairly, and teamwork is highly encouraged. The company invests in employee development through workshops and certifications. A great employer for those passionate about insuran...
Commented in May 23, 2025
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The large employee base means resources are available, though individual experiences may differ by team. Colleagues are cooperative, and management is approachable. For anyone looking for stability and growth in insurance, this is a solid choice. Flexible work options are a big plus. Flexible hours and remote options add to the job satisfaction. Compensation is fair, with performance-based bonuses...
Commented in June 17, 2024
46
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Overall, it’s a stable place to work with room for gradual growth. The company provides excellent training and resources for insurance professionals. Leadership is strong and approachable, fostering a positive work environment. The office atmosphere is friendly, and remote work options are a plus.
Commented in January 18, 2024
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Wood River Insurance Overview

Website
www.woodriverinsurance.com
Founded In
2012
Employees
<25 employees
Industry
Insurance
Headquarter Address
410 N Main St Hailey Idaho ID 83333
Revenue
$5 Million - $10 Million
Phone Number
+1 2087881100
Social Media
About Wood River Insurance
We live here, which gives an insider's understanding of our unique market. Therefore, we are better able to serve your specific insurance needs. Some agents are limited to only offering quotes from one company. As independent agents at Wood River Insurance, we have over 17 companies to shop. This gives us the freedom to find you the best coverage and the best service for the best price. Our job is

What Benefits Does Wood River Insurance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Wood River 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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What Is the Cost of Living Near Boise?

Understanding the cost of living near Boise is key to truly evaluating a salary offer or your current compensation at Wood River Insurance.
Boise's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.6% more than ID average). Rapidly growing, housing costs have significantly increased. Valley Regional Transit. When planning your budget based on a salary from Wood River Insurance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Wood River Insurance salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (VRT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,075+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Wood River Insurance

1. How much does a Wood River Insurance employee make?

Wood River Insurance pays its employees an average of $78,424 per year. The average salary at Wood River Insurance range from $69,001 to $88,674 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. Which similar company tend to pay more or less than Wood River Insurance?

The salary at Wood River Insurance is lesser than the similar company. The average annual salary at Wood River Insurance is $78,424, or an hourly wage of $38, in comparison to Employer Benefit Services which pays $104,720 per year or $50 per hour.

3. How much does a Controller typically earn at Wood River Insurance?

A Controller at Wood River Insurance typically earns an average annual base salary of around $181,708, with a general range of $154,761 to $208,492.

4. Do employees with advanced degrees (Master's, PhD) earn more at Wood River Insurance?

In many roles at Wood River Insurance, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Boise affect the perceived value of a Wood River Insurance salary?

Boise's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.6% more than ID average). This significantly impacts the purchasing power of a salary from Wood River Insurance based there. Our "Cost of Living Insights for Boise" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Wood River Insurance typically offer employees?

Wood River Insurance generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Wood River Insurance" section on this page.

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