Years of Experience
Survey participants who have worked at Farm Bureau Insurance Company for between five and 10 years earn $40K per year on average. Overall, the greater share of Farm Bureau Insurance Company folks have one to four years of experience and earn an average $43K annually.
When it comes to location, the highest average paycheck (about $74K per year) can be spotted in Lansing, Mich.; Baton Rouge, La. (approximately $45K), Nashville, Tenn. ($43K), and Laramie, Wyo. (around $42K) are the next top-paying cities. On the lower end is Shreveport, La. at approximately $31K. Within the firm, employees working in South Carolina take home the most — $147K annually on average.
The highest paychecks go to Insurance Agents, who earn $38K per year.
Certifications and Degrees
Certified Public Accountants receive bigger paychecks (about $87K annually) than those without credentials. Chartered Property Casualty Underwriters with credentials can live quite comfortably; median salaries come in at around $81K per year. At Farm Bureau Insurance Company, employees who hold a Bachelor's Degree receive the highest salaries at $46K.
When it comes to skills, People Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $51K annually. A common skill in Farm Bureau Insurance Company's work force is Insurance; approximately one-fourth of survey participants report using it on the job. Other top skills include Customer Service, Claim Handling, and Customer Relationship Management.
Benefits and Perks
Paid time off is scarce, with only about one in three respondents receiving paid vacation and slightly less than a fourth workers receiving sick leave. With an eye toward the future, Farm Bureau Insurance Company offers several choices in retirement planning such as a 401(k) plan and a company pension plan. The larger part of employees receive health insurance, and approximately one-half of workers get dental coverage. Employees can also look forward to tuition reimbursement, life insurance, and flexible hours.