Claims Supervisors rake in the most money, with average earnings of $94K per year; Risk Control Consultants come in second with average earnings amounting to approximately $70K, while Insurance Agents and District Sales Managers rank near the top as well ($63K and $58K, respectively). Commercial Property Insurance Underwriters make an average around $35K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (about $80K annually) can be spotted in Nashville, Tenn.; Pittsburgh, Pa. ($67K), Washington, DC (approximately $67K), and the company's headquarter city of Erie, Pa. ($62K) are the next top-paying cities. Charlotte, N.C. is one of the lowest-paid cities, with earnings averaging around $42K. By state, Wisconsin offers the highest pay at about $85K per year.
Years of Experience
For those with five to nine years of experience, average earnings amount to $66K annually. For those with one to four years of experience, median paychecks reach $50K per year. The largest slice of the Erie Insurance Group workforce (28 percent) has been working for 10-19 years and earns, on average, $69K annually.
Certifications and Degrees
Certified Six Sigma Green Belts are compensated at a much higher rate than non-authorized workers, bringing in close to around $80K per year. Acquiring certification to be a Licensed Health Insurance Agent is rewarded with median pay of $79K annually. At Erie Insurance Group, employees who hold a Bachelor's Degree receive the highest salaries at about $72K.
Employees who count Risk Management / Risk Control among their skills enjoy higher pay; the median for this group is approximately $85K per year. A garden variety skill at Erie Insurance Group is Customer Service; nearly one in four of Erie Insurance Group's people use it regularly. Many workers are also familiar with Claim Handling, Negotiation, and People Management.
Benefits and Perks
A lucky few (30 percent) are fortunate enough to be compensated for both vacation and sick time. Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. A fair number of survey participants report having health insurance, and a fair number of respondents report having dental coverage. Advantages of working here also include a company cell phone, life insurance, and tuition reimbursement.