Years of Experience
Those with one to four years of experience at the company can expect to make about $51K annually on average. The largest fraction of Arthur J. Gallagher & Company people (30 percent) have been working for five to nine years and earn approximately $55K per year on average.
Bringing in the most money are Account Executives — their earnings average $72K annually. Insurance Account Managers are a close second at around $65K along with Digital Marketing Managers ($61K) and Client Service Managers ($56K). With salaries averaging $42K, Insurance Producers are among the lowest paid at Arthur J. Gallagher & Company.
When it comes to location, the highest average paycheck (approximately $69K per year) can be spotted in San Francisco, Calif.; Houston, Texas ($60K), Short Hills, N.J. (around $56K), and Bloomington, Minn. ($55K) are the next top-paying cities. On the lower end is Minneapolis, Minn. at about $46K. Within the company, workers earn the highest salaries (an average of approximately $76K annually) in Colorado.
Certifications and Degrees
Licensed Insurance Brokers receive bigger paychecks (around $80K per year) than those without credentials. On average, salaries rise to about $67K annually for accredited Licensed Insurance Agents. Arthur J. Gallagher & Company provides the highest financial reward to those with a Bachelor's Degree — these employees rake in $60K per year.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $61K annually. Insurance is a popular skill in the Arthur J. Gallagher & Company workforce; more than a third of those surveyed report putting it to use in their jobs. Many workers usually know Account Management, Customer Service, and Customer Relationship Management as well.
Benefits and Perks
Paid time off is hard to come by at Arthur J. Gallagher & Company; the company rewards only 36 percent with paid vacation time and only one in five respondents with sick leave. Nearly all workers save for retirement through Arthur J. Gallagher & Company's 401(k) plan. At Arthur J. Gallagher & Company, a large number of workers have health insurance, and a large number of survey participants have dental coverage. Employees can also look forward to life insurance, tuition reimbursement, free drinks, and a stock purchase plan.