When it comes to location, the highest average paycheck (about $97K per year) can be spotted in Dallas, Texas; Fresno, Calif. (approximately $51K), San Antonio, Texas (around $43K), and Houston, Texas ($27K) are the next top-paying cities. By state, the highest pay levels are found in California, where the average Fred Loya Insurance employee makes $51K annually.
The highest paychecks go to Regional Sales Managers, who earn an average $69K per year, closely trailed by Insurance Agents (about $24K) annually.
Years of Experience
The largest slice of the Fred Loya Insurance workforce (40 percent) has been working for five to nine years and earns, on average, approximately $47K per year.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Licensed Claims Adjusters, who make $45K annually. Acquiring certification to be a Licensed Property & Casualty Insurance Agent is rewarded with median pay of $42K 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 per year. Training is regularly seen around here; one-sixth of those surveyed report it as a core competency. Many workers usually know Litigation Case Management, Sales Management, and People Management as well.
Benefits and Perks
Paid time off due to illness is less common here than paid vacation time, 43 percent report receiving the former, whereas a solid majority of workers report receiving the latter. To plan for old age, the vast majority of respondents maintain savings accounts through the company's 401(k) plan. At Fred Loya Insurance, a solid majority of employees have health insurance, and a solid majority of respondents have dental coverage. Additional benefits of working here are a company cell phone.