Average Salary for Farm Bureau Insurance Company Employees

Farm Bureau Insurance Company pays its employees $34K per year on average. At Farm Bureau Insurance Company, the biggest piece of the paycheck puzzle is what you do at the company — it impacts salary more than anything else — though your city and your experience level each factor into the equation as well. The data in this summary comes from the PayScale salary survey.

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Farm Bureau Insurance Company Median Salary by Job

MinMax

Insurance Agent
5 profiles
$36,000
$29K$65K

Claims Adjuster
2 profiles
$34,341
$26K$48K

Insurance Underwriter
2 profiles
$42,879
$31K$61K

Claims Supervisor, Insurance
2 profiles
$78,080
$61K$98K

  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 28
  • View Table

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Find out more about pay at Farm Bureau Insurance Company

Jobs

Insurance Claims Supervisors are awarded the highest paychecks, with compensation nearing $80K annually on average; Insurance Agents are next on the list, bringing in close to around $38K, followed by Insurance Underwriters earning $37K and Claims Adjusters making approximately $32K.

Locations

Across Farm Bureau Insurance Company's U.S. offices, employees in the state of South Carolina earn the most, taking home $115K per year.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to about $40K annually. The largest fraction of Farm Bureau Insurance Company people (32 percent) have been working for one to four years and earn $34K per year on average.

Certifications and Degrees

Salaries approach $80K annually for Claims Associates; non-accredited workers make much less. Bigger paychecks are awarded to Chartered Property Casualty Underwriters with credentials; these people earn around $71K per year on average. The highest-paying degree here is a B.A. in Bachelor of Arts (BA); Farm Bureau Insurance Company awards $63K to these degree-holders.

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 approximately $71K annually. A relatively widespread skill at Farm Bureau Insurance Company is Insurance; more than a third of employees use it for work. Employees also tend to round out their skills sets with Customer Service, Sales, and Customer Relations.

Benefits and Perks

The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. At Farm Bureau Insurance Company, slightly more than half of workers have health insurance, and over one-half of workers have dental coverage.

Farm Bureau Insurance Company Job Listings

Key Stats for Farm Bureau Insurance Company

Gender

Female
70 %
Male
30 %
Salary
$25,342 - $44,000
Salary
$34,620 - $80,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
11%
1-4 years
40%
5-9 years
16%
10-19 years
22%
20 years or more
11%
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Years in Fields/Career:
United States (change)

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