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At Monumental Life Insurance, the average salary stands at $52,425 annually. However, salaries can vary significantly based on roles, locations, and departments within the company.
Employees in high-demand locations may earn more than those in other regions. For instance, positions in metropolitan areas often have higher compensation due to the cost of living.
Different departments also show varied salary averages. Sales and management roles typically offer higher salaries compared to administrative positions. Knowing these differences can help job seekers align their expectations with potential earnings.
When compared to competitors, Monumental Life Insurance has competitive salary offers, making it an attractive option for those entering the insurance sector. Evaluating these factors is crucial for making informed career choices.
Rate Monumental Life Insurance's fairness in compensating employees.
| Rank | Location | Average Monumental Life Insurance salary | Hourly rate |
|---|---|---|---|
| 1 | Baltimore, MD | $57,115 | $27.46 |
| 2 | Southfield, MI | $55,297 | $26.59 |
| 3 | Charlotte, NC | $53,806 | $25.87 |
| 4 | Cedar Rapids, IA | $52,617 | $25.30 |
| 5 | Louisville, KY | $51,306 | $24.67 |
| 6 | Knoxville, TN | $51,020 | $24.53 |
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Salaries at Monumental Life Insurance vary depending on the department you work in. Monumental Life Insurance salaries in the engineering department are the highest with an average salary of $89,199. Employees in the it department at Monumental Life Insurance receive relatively high salaries as well, with an average salary of $76,768 per year. Departments that don't pay as well at Monumental Life Insurance include the customer service and the administrative organizational functions, with employees earning average salaries of $35,650 and $41,214, respectively.
| Rank | Department | Average Monumental Life Insurance salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $89,199 | $42.88 |
| 2 | IT | $76,768 | $36.91 |
| 3 | Finance | $61,867 | $29.74 |
| 4 | Sales | $58,928 | $28.33 |
| 5 | Administrative | $41,214 | $19.81 |
| 6 | Customer Service | $35,650 | $17.14 |
Average salaries at Monumental Life Insurance competitors, like Combined Insurance, SelectQuote Insurance Services, and National Agents Alliance, vary. Combined Insurance employees earn the highest salaries, with an average yearly salary of $65,898. The average salary at SelectQuote Insurance Services is $64,805 per year, and the average salary at National Agents Alliance is $62,175 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Combined Insurance | 4.9 | $65,898 |
| 2 | SelectQuote Insurance Services | 4.6 | $64,805 |
| 3 | National Agents Alliance | 3.9 | $62,175 |
| 4 | PMA USA | 4.2 | $61,809 |
| 5 | Asurea | 4.6 | $59,334 |
| 6 | Pronto Insurance | 4.1 | $58,632 |
| 7 | National Life Group | 4.7 | $57,949 |
| 8 | American Income Life Insurance | 4.2 | $56,550 |
| 9 | Mutual Savings Life Insurance Company | 3.5 | $56,480 |
| 10 | Lincoln Heritage | 4.7 | $54,418 |
| 11 | Freeway Insurance | 4.7 | $53,926 |
| 12 | The Assurance Group | 4.6 | $53,101 |
| 13 | United Insurance Company of America | 4.2 | $52,545 |
| 14 | Senior Life Insurance | 4.0 | $51,303 |
| 15 | Answer Financial | 4.4 | $51,049 |
| 16 | Bankers Life Insurance Company | 4.5 | $50,274 |
| 17 | United Insurance Agencies | 3.4 | $50,223 |
| 18 | American Senior Benefits | 4.3 | $44,706 |
| 19 | Knights of Columbus | 4.7 | $43,597 |
| 20 | e-TeleQuote Insurance | 3.9 | $41,758 |
Zippia gives an in-depth look into the details of Monumental Life Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Monumental Life Insurance. The employee data is based on information from people who have self-reported their past or current employments at Monumental Life 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 Monumental Life Insurance. The data presented on this page does not represent the view of Monumental Life Insurance and its employees or that of Zippia.
Monumental Life Insurance may also be known as or be related to Monumental Life Insurance.