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At Federated Life Insurance Company, employees earn an average salary of $44,461 annually. Salaries vary significantly across departments, making it essential for potential employees to understand where they might fit in. For example, customer service roles offer competitive pay, providing a solid foundation for career growth.
In the IT department, salaries are particularly attractive, reflecting the industry's demand for skilled professionals. This diversity in compensation highlights the importance of choosing the right department based on individual skills and career goals. Research shows that understanding the salary structure can aid in making informed career choices, ensuring fair compensation and job satisfaction.
The highest paying jobs at Federated Life Insurance Company are investments manager, portfolio manager, business specialist, and service consultant. Investments manager jobs at Federated Life Insurance Company earn an average yearly salary of $132,981, Federated Life Insurance Company portfolio manager jobs average $131,188, and Federated Life Insurance Company business specialist jobs average $62,657.
The lowest paying Federated Life Insurance Company roles include custodian and digital print operator. Federated Life Insurance Company custodian average salary is $27,978 per year. So while the average Federated Life Insurance Company salary is $44,461 there is a big variation in pay depending on the role.
| Rank | Job title | Average Federated Life Insurance Company salary | Hourly rate |
|---|---|---|---|
| 1 | Investments Manager | $132,981 | $63.93 |
| 2 | Portfolio Manager | $131,188 | $63.07 |
| 3 | Business Specialist | $62,657 | $30.12 |
| 4 | Service Consultant | $62,033 | $29.82 |
| 5 | Operations Associate | $61,424 | $29.53 |
| 6 | Recruiting Coordinator | $45,642 | $21.94 |
| 7 | Customer Support Specialist | $38,158 | $18.35 |
| 8 | Customer Services Coordinator | $37,261 | $17.91 |
| 9 | Service Associate | $36,714 | $17.65 |
| 10 | Trainee | $35,580 | $17.11 |
| 11 | Administrative Assistant | $35,370 | $17.00 |
| 12 | Digital Print Operator | $30,675 | $14.75 |
| 13 | Custodian | $27,979 | $13.45 |
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Salaries at Federated Life Insurance Company vary depending on the department you work in. Federated Life Insurance Company salaries in the finance department are the highest with an average salary of $127,373. Employees in the business development department at Federated Life Insurance Company receive relatively high salaries as well, with an average salary of $96,810 per year. Departments that don't pay as well at Federated Life Insurance Company include the facilities and the plant/manufacturing organizational functions, with employees earning average salaries of $27,935 and $30,763, respectively.
| Rank | Department | Average Federated Life Insurance Company salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $127,373 | $61.24 |
| 2 | Business Development | $96,810 | $46.54 |
| 3 | Sales | $56,003 | $26.92 |
| 4 | Administrative | $50,511 | $24.28 |
| 5 | Art/Design | $49,301 | $23.70 |
| 6 | IT | $47,321 | $22.75 |
| 7 | Human Resources | $45,644 | $21.94 |
| 8 | Customer Service | $37,762 | $18.15 |
| 9 | Plant/Manufacturing | $30,764 | $14.79 |
| 10 | Facilities | $27,935 | $13.43 |
| Rank | Position | Average Federated Life Insurance Company salary | Hourly rate |
|---|---|---|---|
| 1 | Service Specialist | $44,310 | $21.30 |
| 2 | Customer Support Specialist | $38,158 | $18.35 |
| 3 | Customer Services Coordinator | $37,261 | $17.91 |
| 4 | Service Associate | $36,714 | $17.65 |
| Rank | Position | Average Federated Life Insurance Company salary | Hourly rate |
|---|---|---|---|
| 1 | Processing Specialist | $60,739 | $29.20 |
| 2 | Audit Specialist | $45,456 | $21.85 |
| Rank | Position | Average Federated Life Insurance Company salary | Hourly rate |
|---|---|---|---|
| 1 | Processing Specialist | $60,739 | $29.20 |
| 2 | Administrative Assistant | $35,370 | $17.00 |
| Job | Location | Date added | Salary |
|---|---|---|---|
| Claims Representative-North Richland | North Richland Hills, TX | 06/28/2025 | $61,700 |
| Claims Representative-Auto & Liability-Overland | Overland Park, KS | 06/27/2025 | $61,700 |
| Java Systems Support Developer | Mankato, MN | 06/27/2025 | $76,800 |
| Claims Representative-Property & Work Comp-Overland | Overland Park, KS | 06/27/2025 | $61,700 |
| Claims Representative-Auto & Liability | Indianapolis, IN | 06/27/2025 | $61,700 |
Zippia gives an in-depth look into the details of Federated Life Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federated Life Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at Federated Life Insurance Company. 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 Life Insurance Company. The data presented on this page does not represent the view of Federated Life Insurance Company and its employees or that of Zippia.