When it comes to location, the highest average paycheck ($64K annually) can be spotted in Montgomery, Ala.; the company's headquarter city of Lansing, Mich. (about $50K), Atlanta, Ga. ($48K), and Traverse City, Mich. (around $45K) are the next top-paying cities. Columbia, Mo. is one of the lowest-paid cities, with earnings averaging approximately $37K. Across Auto-Owners Insurance Company's U.S. offices, employees in the state of Utah earn the most, taking home $54K per year.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to about $47K annually. Broken down by tenure, the largest share of Auto-Owners Insurance Company employees (39 percent) have one to four years of experience and earn $48K per year on average.
Nearing the top of the pay scale are Claims Adjusters, Software Developers, Insurance Underwriters, and Claim Representatives; while the first receives the highest median pay at around $58K annually, the other salaries come in at approximately $52K, $50K, and $45K, respectively. Earning only approximately $43K on average, Insurance Claims Representatives make less than most people in the company.
Certifications and Degrees
Claims Associates have significantly higher pay than non-accredited workers at around $60K per year. Becoming a Chartered Property Casualty Underwriter can certainly pay off here; those folks make $58K on average. The highest-paying degree here is a Master of Science (MS); Auto-Owners Insurance Company awards $53K to these degree-holders.
When it comes to skills, SQL seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $57K annually. Customer Service is regularly seen around here; more than a third of those surveyed report it as a core competency. Employees also tend to round out their skills sets with Claim Handling, Insurance, and Negotiation.
Benefits and Perks
Paid time off is scarce, with only about 44 percent receiving paid vacation and about one in four workers receiving sick leave. Employees looking to save up for old age can choose from several options including a 401(k) plan and a company pension plan. At Auto-Owners Insurance Company, most respondents have health insurance, and a large number of survey participants have dental coverage. Auto-Owners Insurance Company also dishes out privileges such as life insurance, tuition reimbursement, and flexible hours.