When it comes to location, the highest average paycheck ($97K annually) can be spotted in Dallas; Fresno ($51K), San Antonio (about $40K), and El Paso (approximately $36K) are the next top-paying cities. At $28K, Mcallen is home to some of the lowest pay in the country. Across Fred Loya Insurance's U.S. offices, employees in the state of California earn the most, taking home around $51K per year.
Years of Experience
Survey participants who have worked at Fred Loya Insurance for between five and ten years earn $44K on average. The greater proportion of employees (35 percent) report 10-19 years of experience and bring home $36K annually.
Regional Sales Managers rake in the most money, with average earnings of approximately $69K; Claims Supervisors come in second with typical earnings amounting to about $56K, and Auto Damage Insurance Appraisers rank near the top as well (around $44K).
Certifications and Degrees
Licensed Claims Adjusters are compensated at a much higher rate than non-authorized workers, bringing in close to $45K. Acquiring certification to be a Licensed Insurance Agent is rewarded at about $34K per year. Fred Loya Insurance compensates Bachelor's Degree-holders the most at around $50K annually.
In this role, the best-paying skill appears to be Strategic Sales; individuals who claim it among their capabilities enjoy a higher median salary of $75K. People Management is a popular skill in the Fred Loya Insurance workforce; slightly less than a fourth of those surveyed report putting it to use in their jobs. Many workers usually know Sales Management, Microsoft Word, and Litigation Case Management as well.
Benefits and Perks
To plan for old age, a fair portion of workers maintain savings accounts through the company's 401(k) plan. Though more than half of workers get paid time off for vacation, only about two in five workers receive paid sick leave. Most workers can count on health insurance, and a majority of workers have dental coverage as a benefit. A few more workplace perks are a subsidized cell phone and company car / automobile.