Average Salary for Farm Bureau Insurance Company Employees

The median income for Farm Bureau Insurance Company employees is $31K per year. Your experience level influences pay for Farm Bureau Insurance Company workers the most, followed by geography. This report is based on answers to PayScale's salary questionnaire.

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Employer: Farm Bureau Insurance Company
Average Salary Range by Job
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Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to approximately $40K annually. The largest fraction of Farm Bureau Insurance Company people (32 percent) have been working for one to four years and earn $43K per year on average.

Locations

When it comes to location, the highest average paycheck (about $74K annually) can be spotted in Lansing, Mich.; Baton Rouge, La. ($45K), Nashville, Tenn. ($43K), and Laramie, Wyo. (around $42K) are the next top-paying cities. Shreveport, La. is near the bottom for pay at approximately $31K. Within the firm, employees working in South Carolina take home the most — $147K per year on average.

Jobs

Bringing in the most money are Insurance Agents — their earnings average $36K annually.

Certifications and Degrees

Certified Public Accountants earn about $87K per year, far more than their non-accredited counterparts. Chartered Property Casualty Underwriters with credentials can live quite comfortably; median salaries come in at around $81K annually. Farm Bureau Insurance Company compensates Bachelor's Degree-holders the most at $50K per year.

Skills

In this role, the best-paying skill appears to be Claim Handling; individuals who claim it among their capabilities enjoy a higher median salary of about $54K annually. One of the more prevalent skills at Farm Bureau Insurance Company is Customer Service, with one-third considering it a key competency. Many workers usually know Insurance, Customer Relationship Management, and Office Management as well.

Benefits and Perks

Paid time off is hard to come by at Farm Bureau Insurance Company; the company rewards only one in three survey participants with paid vacation time and only 22 percent with sick leave. Quite a few retirement plans are on offer at Farm Bureau Insurance Company, including a 401(k) plan, a company pension plan, and a defined benefit retirement plan. A majority of workers have health insurance, and benefits for approximately half of workers also include dental insurance. Additional benefits of working here are life insurance, tuition reimbursement, and a defined benefit retirement plan.

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Key Stats for Farm Bureau Insurance Company

Gender

Female
76 %
Male
24 %
Salary
$20,258 - $56,010
Salary
$42,282 - $84,441
Less than 1 year
6%
1-4 years
37%
5-9 years
16%
10-19 years
22%
20 years or more
18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 13 votes.
$30,000 - $57,133

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »
United States (change)

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