When it comes to location, the highest average paycheck ($123K per year) can be spotted in Milwaukee, Wisc.; Fairfax, Va. (around $90K), Reading, Pa. (about $71K), and Peoria, Ill. ($65K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Erie, Pa. — at approximately $51K, salaries are some of the lowest in the country. By state, the highest pay levels are found in Wisconsin, where the average Erie Insurance Group employee makes $88K annually.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $48K per year. Workers who have been with the company for more than one year but less than five can make $48K annually on average. Overall, the greater share of Erie Insurance Group folks have 10-19 years of experience and earn an average $69K per year.
District Sales Managers rake in the most money, with average earnings of approximately $69K annually; Senior Claims Adjusters come in second with average earnings amounting to about $67K, while Claims Examiners and Investigators and Insurance Claims Adjusters rank near the top as well ($56K and around $53K, respectively). Erie Insurance Group hands out some of the smallest paychecks to Insurance Claims Specialists ($38K on average).
Certifications and Degrees
Being a Licensed Property & Casualty Insurance Agent certainly has its perks — salaries approach $74K per year and far exceed the paychecks of those without certification. Employees who have a Master of Business Administration (MBA), Finance make the most here, hauling in about $111K annually.
The highest-paying skill in this position seems to be People Management; individuals who report it as part of the repertoire have a median income of approximately $83K per year. Claim Handling is a popular skill among Erie Insurance Group workers, with over a third of those surveyed reporting using it on the job. Insurance, Customer Service, and Negotiation round out the set of key employee skills.
Benefits and Perks
Quite a few retirement plans are on offer at Erie Insurance Group, including a 401(k) plan and a company pension plan. A large number of employees can count on health insurance, and a solid majority of employees have dental coverage as a benefit. Erie Insurance Group employees also enjoy perks such as a casual working environment, a company cell phone, company car / automobile, and life insurance.