Years of Experience
Survey participants who have worked at Erie Insurance Group for between five and 10 years earn $45K annually on average. Workers who have been with the company for more than one year but less than five can make approximately $46K per year on average. The largest slice of the Erie Insurance Group workforce (30 percent) has been working for 10-19 years and earns, on average, about $69K annually.
The highest paychecks go to Senior Claims Adjusters, who earn an average $67K per year, closely trailed by Insurance Claims Adjusters ($53K), Software Engineers (around $52K), and Claims Adjusters ($46K). Insurance Claims Specialists make an average about $38K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (approximately $71K annually) can be spotted in Reading, Pa.; Peoria, Ill. (around $65K), Charlotte, N.C. ($62K), and Pittsburgh, Pa. ($59K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Erie, Pa. — at $50K, salaries are some of the lowest in the country. Across its U.S. offices, the state of Wisconsin pays Erie Insurance Group the most — about $77K per year on average.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Property & Casualty Insurance Agents, who make approximately $74K annually. At Erie Insurance Group, employees who hold a Bachelor of Science in Mechanical Engineering (BSME) receive the highest salaries at around $103K.
In this role, the best-paying skill appears to be People Management; individuals who claim it among their capabilities enjoy a higher median salary of $78K per year. Claim Handling is a popular skill in the Erie Insurance Group workforce; nearly one-third of those surveyed report putting it to use in their jobs. Many workers are also familiar with Insurance, Customer Service, and Negotiation.
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. Erie Insurance Group provides health insurance to a large number of survey participants, and most employees do receive dental coverage. Other privileges include a casual working environment, a subsidized cell phone, company car / automobile, and life insurance.