Markel salaries

Q: Is the pay good at Markel?

Yes, the pay is good at Markel. Compared to the industry average of $62,722 per year, the average annual salary at Markel is $61,688, which is 1.65% lower.

Q: What is the starting pay at Markel?

The starting pay at Markel is $35,000 per year, or $16.83 per hour.

Q: How much does Markel pay an hour?

Markel pays $29.66 an hour, on average.

Zippia score 4.8

Markel salary estimate

$61,688yearly

$29.66 hourly rate

Entry-level salary

$35,000 yearly salary

Updated April 25, 2024

How much does Markel pay?

The average Markel salary in the United States is $61,688 per year. Markel salaries range between $35,000 a year in the bottom 10th percentile to $108,000 in the top 90th percentile. Markel pays $29.66 an hour on average. Geographic location also impacts Markel salaries. Markel employees in New York, NY get paid the most.

Highest paying jobs at Markel

The highest paying jobs at Markel are director of market analysis, infrastructure architect, director of quality & engineering, and manager, finance analysis. Director of market analysis jobs at Markel earn an average yearly salary of $122,649, Markel infrastructure architect jobs average $121,785, and Markel director of quality & engineering jobs average $121,592.

The lowest paying Markel roles include lot porter and assembler. Markel lot porter average salary is $30,587 per year. So while the average Markel salary is $61,688 there is a big variation in pay depending on the role.

Highest paying jobs at Markel

Rank	Job title	Average Markel salary	Hourly rate
1	Director Of Market Analysis	$122,649	$58.97
2	Infrastructure Architect	$121,785	$58.55
3	Director Of Quality & Engineering	$121,592	$58.46
4	Manager, Finance Analysis	$113,097	$54.37
5	Client Advisor	$111,711	$53.71
6	Data Warehouse Developer	$109,992	$52.88
7	Information Technology Specialist	$108,829	$52.32
8	Systems Administrator	$108,726	$52.27
9	Team Leader	$105,613	$50.78
10	Product Development Engineer	$96,246	$46.27
11	NET Developer	$94,849	$45.60
12	Business Analyst	$93,406	$44.91
13	Project Manager	$92,420	$44.43
14	Quality Assurance Analyst	$91,405	$43.94
15	Sharepoint Consultant	$90,437	$43.48
16	Underwriting Manager	$88,450	$42.52
17	Property Underwriter	$83,673	$40.23
18	Supervisor	$79,531	$38.24
19	Senior Underwriter	$79,180	$38.07
20	Senior Claims Examiner	$75,595	$36.34

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Average Markel salary by state

Markel pays the highest salaries in New York due to higher costs of living and competition in the state.

Rank	State	Average Markel salary	Hourly rate
1	New York	$70,291	$33.79
2	Massachusetts	$69,488	$33.41
3	New Jersey	$68,075	$32.73
4	Washington	$66,628	$32.03
5	California	$66,500	$31.97
6	Rhode Island	$63,028	$30.30
7	Illinois	$62,917	$30.25
8	Virginia	$62,338	$29.97
9	Georgia	$62,117	$29.86
10	Texas	$61,708	$29.67
11	Oregon	$61,083	$29.37
12	Wisconsin	$61,067	$29.36
13	Florida	$59,721	$28.71
14	Nevada	$57,728	$27.75
15	Nebraska	$57,007	$27.41

How much does Markel pay by location?

The average Markel salary varies by location. Markel salaries are the highest in New York, NY, at $70,220 per year. Markel pays the second highest average salary in Red Bank, NJ, at $68,261 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest paying Markel locations

Rank	Location	Average Markel salary	Hourly rate
1	New York, NY	$70,220	$33.76
2	Red Bank, NJ	$68,261	$32.82
3	Cranston, RI	$63,124	$30.35
4	Deerfield, IL	$63,072	$30.32
5	Lakewood, CO	$62,828	$30.21
6	Houston, MN	$62,329	$29.97
7	Glen Allen, VA	$62,216	$29.91
8	Alpharetta, GA	$62,136	$29.87
9	Plano, TX	$61,573	$29.60
10	Pewaukee, WI	$61,138	$29.39
11	Ione, OR	$60,661	$29.16
12	Tampa, FL	$59,791	$28.75
13	Henderson, NV	$57,753	$27.77
14	Nebo, KY	$57,233	$27.52
15	Omaha, NE	$57,025	$27.42

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Markel salaries by department

Salaries at Markel vary depending on the department you work in. Markel salaries in the engineering department are the highest with an average salary of $103,190. Employees in the it department at Markel receive relatively high salaries as well, with an average salary of $81,428 per year. Departments that don't pay as well at Markel include the customer service and the administrative organizational functions, with employees earning average salaries of $35,848 and $44,856, respectively.

Average Markel salary by department

Rank	Department	Average Markel salary	Hourly rate
1	Engineering	$103,190	$49.61
2	IT	$81,428	$39.15
3	Marketing	$79,482	$38.21
4	Finance	$73,704	$35.43
5	Sales	$69,589	$33.46
6	Accounting	$63,148	$30.36
7	Retail	$63,070	$30.32
8	Human Resources	$58,900	$28.32
9	Plant/Manufacturing	$57,378	$27.59
10	Administrative	$44,857	$21.57
11	Customer Service	$35,849	$17.24

How much does Markel pay by department?

Best paying Markel finance salaries

Rank	Position	Average Markel salary	Hourly rate
1	Associate Vice President	$136,348	$65.55
2	Manager, Finance Analysis	$113,097	$54.37
3	Client Advisor	$111,711	$53.71
4	Actuary	$109,456	$52.62
5	Underwriting Manager	$88,450	$42.52
6	Actuarial Analyst	$85,883	$41.29
7	Consultant	$84,796	$40.77
8	Property Underwriter	$83,673	$40.23
9	Credit Manager	$83,628	$40.21
10	Senior Underwriter	$79,180	$38.07
11	Senior Claims Examiner	$75,595	$36.34
12	Process Leader	$69,821	$33.57
13	Underwriting Technician	$64,762	$31.14
14	Collection Supervisor	$63,291	$30.43
15	Operations Analyst	$54,826	$26.36
16	Claims Adjuster	$50,603	$24.33
17	Claim Specialist	$45,767	$22.00
18	Claim Processor	$44,954	$21.61
19	Finance Internship	$41,031	$19.73
20	Payment Processor	$35,501	$17.07

Best paying Markel customer service salaries

Rank	Position	Average Markel salary	Hourly rate
1	Support Supervisor	$52,588	$25.28
2	Computer Technician	$51,043	$24.54
3	Claims Technician	$48,860	$23.49
4	Claims Assistant	$37,338	$17.95
5	Bilingual Customer Service	$34,727	$16.70
6	Customer Service Representative	$33,767	$16.23

Best paying Markel plant/manufacturing salaries

Rank	Position	Average Markel salary	Hourly rate
1	Automation Lead	$110,138	$52.95
2	Polymer Materials Consultant	$97,164	$46.71
3	Support Lead	$93,357	$44.88
4	Quality Assurance Analyst	$91,405	$43.94
5	Administrative Operations Manager	$79,478	$38.21
6	Regional Operation Manager	$69,128	$33.23
7	Mold Maker	$56,619	$27.22
8	Quality Control Technician	$52,373	$25.18
9	Process Associate	$49,627	$23.86
10	Die Cutter	$48,901	$23.51
11	Heavy Equipment Operator	$46,043	$22.14
12	Production Leader	$45,733	$21.99
13	Special Projects Assistant	$43,019	$20.68
14	Machines Technician	$40,819	$19.62
15	Pressman	$40,265	$19.36
16	Co-Operations Engineer	$37,493	$18.03
17	Machine Operator	$35,037	$16.84
18	Assembly Worker	$33,467	$16.09
19	Assembler	$33,254	$15.99
20	Assembly Line Worker	$32,000	$15.38

Markel competitors’ average salaries

Average salaries at Markel competitors, like Morgan Stanley, Legg Mason, and Raymond James Financial, vary. Morgan Stanley employees earn the highest salaries, with an average yearly salary of $103,933. The average salary at Legg Mason is $84,387 per year, and the average salary at Raymond James Financial is $71,921 per year.

Highest paying Markel competitors

Rank	Company name	Zippia score	Average salary
1	Morgan Stanley	4.6	$103,933
2	Legg Mason	4.8	$84,387
3	Raymond James Financial	4.7	$71,921
4	Aimco	4.6	$69,251
5	Aetna	4.5	$61,847
6	Genworth	4.4	$61,793
7	Prudential Retirement Insurance And Annuity Co	3.5	$60,890
8	Safeco Insurance	4.5	$58,556
9	Berkshire Hathaway	4.8	$56,507
10	Cigna	4.6	$55,763
11	AmTrust Financial	4.9	$53,830
12	The Cincinnati Insurance Companies	4.4	$49,211
13	M&T Bank	4.7	$45,852
14	State National Companies	4.3	$44,364

Recently added Markel salaries

Job	Location	Date added	Salary
Senior Dynamics 365 Engineer	Omaha, NE	06/30/2025	$95,000
Retention Specialist	Henderson, NV	06/30/2025	$43,827
Claims Examiner II, General Liability	Richmond, VA	06/27/2025	$60,300
Claims Examiner, Professional Liability	Chicago, IL	06/27/2025	$60,300
Actuary	Richmond, IL	06/27/2025	$104,300

Frequently asked questions about Markel salaries

Is the pay good at Markel?

What is the starting pay at Markel?

How much does Markel pay an hour?

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Updated April 25, 2024

Zippia gives an in-depth look into the details of Markel, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Markel. The employee data is based on information from people who have self-reported their past or current employments at Markel. 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 Markel. The data presented on this page does not represent the view of Markel and its employees or that of Zippia.

Markel may also be known as or be related to Markel and Markel Corporation.