Years of Experience
For those with five to nine years of experience, average earnings amount to $49K annually. The largest fraction of Auto-Owners Insurance Company people (44 percent) have been working for one to four years and earn $48K per year on average.
When it comes to location, the highest average paycheck (around $58K annually) can be spotted in Indianapolis, Ind.; the company's headquarter city of Lansing, Mich. (approximately $51K), Atlanta, Ga. ($49K), and Charlotte, N.C. (about $47K) are the next top-paying cities. At approximately $36K, Lexington, Ky. is home to some of the lowest pay in the country. U.S. pay levels are highest in the state of Michigan; salaries there average to $51K per year.
Claims Adjusters represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $54K annually — though Software Developers, Commercial Property Insurance Underwriters, and Insurance Underwriters also do fairly well at $53K, around $49K, and about $48K, respectively. Insurance Claims Representatives are among the lowest paid at a median salary of $43K.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Claims Associates, who make around $60K per year. Licensed Claims Adjusters with credentials can live quite comfortably; median salaries come in at $57K annually. At Auto-Owners Insurance Company, employees who hold a Master of Science (MS) receive the highest salaries at $53K.
The highest-paying skill to have may be SQL; employees who claim proficiency also report a higher average salary of about $57K per year. A garden variety skill at Auto-Owners Insurance Company is Customer Service; close to two-fifths of Auto-Owners Insurance Company's people use it regularly. Employees also tend to round out their skills sets with Claim Handling, Insurance, and Negotiation.
Benefits and Perks
Paid time off is hard to come by at Auto-Owners Insurance Company; the company rewards only 43 percent with paid vacation time and only a quarter of employees with sick leave. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. Auto-Owners Insurance Company provides health insurance to the vast majority of workers, and the vast majority of respondents do receive dental coverage. Privileges also include life insurance, tuition reimbursement, and flexible hours.