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Federated Insurance salary estimate

$50,078yearly

$24.08 hourly rate

Entry-level salary
$29,000 yearly salary
Updated April 25, 2024

Federated Insurance Salary Overview

The average salary at Federated Insurance stands at $50,078 per year, with variations based on job roles and locations. For instance, positions in specialized fields or management often offer higher salaries. The company's compensation structure reflects its commitment to rewarding talent and expertise.

Top Paying Positions

Some of the highest paying jobs at Federated Insurance include roles in management and specialized departments, where industry experience and qualifications can lead to significant earnings. Additionally, salaries differ by location, with employees in urban centers typically earning more than those in rural areas.

Salary by Department

Understanding the average salary by department can provide insights into potential career paths. For example, marketing and finance roles tend to command competitive salaries, making them appealing options for job seekers.

Highest paying jobs at Federated Insurance

The highest paying jobs at Federated Insurance are sql bi developer, sql server developer, business analyst, and risk and insurance consultant. Sql bi developer jobs at Federated Insurance earn an average yearly salary of $104,112, Federated Insurance sql server developer jobs average $100,483, and Federated Insurance business analyst jobs average $97,253.

The lowest paying Federated Insurance roles include records clerk and receptionist. Federated Insurance records clerk average salary is $32,638 per year. So while the average Federated Insurance salary is $50,078 there is a big variation in pay depending on the role.

Highest paying jobs at Federated Insurance

RankJob titleAverage Federated Insurance salaryHourly rate
1SQL BI Developer$104,112$50.05
2SQL Server Developer$100,483$48.31
3Business Analyst$97,253$46.76
4Risk And Insurance Consultant$88,886$42.73
5Underwriting Manager$88,055$42.33
6Account Executive$86,634$41.65
7Risk Analyst$86,148$41.42
8Programmer$82,400$39.62
9Loss Control Consultant$80,883$38.89
10Property Underwriter$79,547$38.24
11Senior Human Resources Generalist$77,361$37.19
12Human Resources Supervisor$66,656$32.05
13Marketing Representative$60,504$29.09
14Commercial Underwriter$58,686$28.21
15Field Adjuster$58,582$28.16
16Office Manager$51,294$24.66
17Claim Processor$50,297$24.18
18Claims Adjuster$50,185$24.13
19Benefit Specialist$47,351$22.76
20Marketing Assistant$43,875$21.09

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Average Federated Insurance salary by state

Federated Insurance pays the highest salaries in California due to higher costs of living and competition in the state.

RankStateAverage Federated Insurance salaryHourly rate
1California$55,743$26.80
2Minnesota$50,820$24.43
3Indiana$43,326$20.83
4Florida$41,044$19.73

How much does Federated Insurance pay by location?

The average Federated Insurance salary varies by location. Federated Insurance salaries are the highest in Parsippany-Troy Hills, NJ, at $58,135 per year. Federated Insurance pays the second highest average salary in Owatonna, MN, at $50,061 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Federated Insurance locations

RankLocationAverage Federated Insurance salaryHourly rate
1Parsippany-Troy Hills, NJ$58,135$27.95
2Owatonna, MN$50,061$24.07
3Bethlehem, PA$49,709$23.90
4Glendale, AZ$47,262$22.72
5Collinsville, IL$46,713$22.46
6Raleigh, NC$43,345$20.84
7Warner Robins, GA$41,710$20.05
8Deerfield Beach, FL$41,017$19.72
9Montgomery, AL$39,949$19.21

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Federated Insurance salaries by department

Salaries at Federated Insurance vary depending on the department you work in. Federated Insurance salaries in the engineering department are the highest with an average salary of $92,415. Employees in the marketing department at Federated Insurance receive relatively high salaries as well, with an average salary of $58,319 per year. Departments that don't pay as well at Federated Insurance include the customer service and the administrative organizational functions, with employees earning average salaries of $37,366 and $40,754, respectively.

Average Federated Insurance salary by department

RankDepartmentAverage Federated Insurance salaryHourly rate
1Engineering$92,415$44.43
2Marketing$58,319$28.04
3Finance$58,277$28.02
4Human Resources$56,008$26.93
5Sales$49,556$23.83
6IT$47,078$22.63
7Accounting$41,843$20.12
8Administrative$40,755$19.59
9Customer Service$37,366$17.96

How much does Federated Insurance pay by department?

Best paying Federated Insurance marketing salaries

RankPositionAverage Federated Insurance salaryHourly rate
1Business Analyst$97,253$46.76
2Marketing Representative$60,504$29.09
3Communications Specialist$52,206$25.10
4Marketing Assistant$43,875$21.09

Best paying Federated Insurance finance salaries

RankPositionAverage Federated Insurance salaryHourly rate
1Actuarial Associate$100,147$48.15
2Risk And Insurance Consultant$88,886$42.73
3Underwriting Manager$88,055$42.33
4Risk Analyst$86,148$41.42
5Forms Analyst$81,449$39.16
6Loss Control Consultant$80,883$38.89
7Property Underwriter$79,547$38.24
8Commercial Underwriter$58,686$28.21
9Field Adjuster$58,582$28.16
10Claim Specialist$52,179$25.09
11Claim Processor$50,297$24.18
12Claims Adjuster$50,185$24.13
13Registered Representative$46,707$22.46
14Claims Representative$40,876$19.65
15Insurance Processor$38,981$18.74
16Underwriting Internship$35,016$16.83

Best paying Federated Insurance customer service salaries

RankPositionAverage Federated Insurance salaryHourly rate
1Customer Services Coordinator$43,364$20.85
2Claims Coordinator$42,674$20.52
3Processing Specialist$42,109$20.24
4Customer Service Representative$38,170$18.35
5Claims Assistant$38,152$18.34
6Support Associate$38,069$18.30
7Underwriting Support Specialist$36,265$17.44
8Contact Representative$35,140$16.89
9Service Assistant$31,069$14.94

Federated Insurance competitors’ average salaries

Average salaries at Federated Insurance competitors, like Zurich, The Travelers Companies, and Chubb, vary. Zurich employees earn the highest salaries, with an average yearly salary of $76,684. The average salary at The Travelers Companies is $66,351 per year, and the average salary at Chubb is $65,349 per year.

Highest paying Federated Insurance competitors

RankCompany nameZippia scoreAverage salary
1Zurich4.8$76,684
2The Travelers Companies4.4$66,351
3Chubb4.3$65,349
4Mutual of Omaha4.7$62,751
5CNA Insurance4.6$61,107
6Great West Casualty Company4.6$58,138
7Allied Insurance Brokers4.3$56,479
8Farm Family Casualty Insurance Company4.1$56,433
9Foremost Insurance3.8$54,591
10St. Paul Fire & Marine Insurance Co4.3$53,901
11California Casualty4.4$52,505
12Diversified Insurance Solutions4.1$51,369
13Nodak Insurance3.7$50,259
14Midwest Insurance4.2$49,380
15Property & Casualty Insurance Guaranty Corp4.4$49,123
16Preferred Insurance Services, Inc.4.1$48,233
17North Carolina Farm Bureau Mutual Insurance4.0$45,899
18Alliance Insurance Group4.6$45,439
19GEICO4.1$44,417
20Farmers Insurance4.4$43,125

Recently added Federated Insurance salaries

JobLocationDate addedSalary
Claims Representative-Property & Work CompEdina, MN06/29/2025$61,700
Actuarial Analyst-Property & CasualtyOwatonna, MN06/29/2025$77,600
Claims Representative-Property & Work Comp-OverlandOverland Park, KS06/29/2025$61,700
Claims Representative-North RichlandNorth Richland Hills, TX06/29/2025$61,700
Claims Representative-Property & Work CompIndianapolis, IN06/27/2025$61,700

What employees say about salary at Federated Insurance

Employee reviews
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2.0
A zippia user wrote a review on Aug 2023
Cons of working at Federated Insurance

Management is close minded and does not like to be questioned. Executives allow family members who work at Federated to get away with terrible behavior.

Federated Insurance benefits

Pension Plan is great to have in addition to 401K match.

Pros of working at Federated Insurance

Great Employees. Family atmosphere.

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Frequently asked questions about Federated Insurance salaries

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Zippia gives an in-depth look into the details of Federated Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federated Insurance. The employee data is based on information from people who have self-reported their past or current employments at Federated Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federated Insurance. The data presented on this page does not represent the view of Federated Insurance and its employees or that of Zippia.

Federated Insurance may also be known as or be related to Federated Insurance, Federated Insurance Companies, Federated Insurance Company, Federated Mutual Insurance Company and Federated Mutual Insurance Group.