Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $50K per year on average. The largest fraction of Arthur J. Gallagher & Company people (32 percent) have been working for five to nine years and earn around $59K annually on average.
The highest paychecks go to Account Executives, who earn an average about $72K per year, closely trailed by Insurance Account Managers ($65K), Client Service Managers ($56K), and Account Representatives ($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 (about $69K annually) can be spotted in San Francisco, Calif.; Bellevue, Wash. ($69K), Short Hills, N.J. ($56K), and Bloomington, Minn. (around $55K) are the next top-paying cities. Minneapolis, Minn. is one of the lowest-paid cities, with earnings averaging approximately $46K. Across its U.S. offices, the state of Texas pays Arthur J. Gallagher & Company the most — $69K per year on average.
Certifications and Degrees
Being a Licensed Insurance Broker certainly has its perks — salaries approach about $80K annually and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Licensed Insurance Agents with credentials; these people earn $67K per year on average. Regarding salaries and education, Arthur J. Gallagher & Company pays those with a Bachelor's Degree the most — $61K.
The highest-paying skill to have in this role seems to be Data Analysis; employees claiming this as part of the toolbox earn a median of around $68K annually. Folks here also tend to know Insurance; on the survey, close to one-third of workers named it in their skills portfolios. Other skills in demand are Customer Service, Account Management, and Microsoft Excel.
Benefits and Perks
Paid time off is hard to come by at Arthur J. Gallagher & Company; the company rewards only 35 percent with paid vacation time and only 19 percent with sick leave. The vast majority of respondents allocate some part of their earnings to the company-sponsored 401(k) savings plan. Health insurance is part of the package for a large number of employees, and for most employees, dental coverage is too. Perks also include life insurance, tuition reimbursement, a stock purchase plan, and free drinks.