When it comes to location, the highest average paycheck ($86K annually) can be spotted in Appleton, Wisc.; Peoria, Ill. ($73K), Reading, Pa. ($71K), and Dayton, Ohio (around $63K) are the next top-paying cities. Charlotte, N.C. is near the bottom for pay at about $45K. By state, the highest pay levels are found in Wisconsin, where the average Erie Insurance Group employee makes approximately $88K per year.
Bringing in the most money are Claims Supervisors — their earnings average $86K annually. Risk Control Consultants are a close second at $77K along with Senior Claims Adjusters (about $66K) and Software Engineers (approximately $63K). Near the bottom at Erie Insurance Group are Claims Adjusters, pulling in an average of just around $48K.
Years of Experience
For those with five to nine years of experience, average earnings amount to $53K per year. For those with one to four years of experience, median paychecks reach $49K annually. The greater proportion of employees (26 percent) report 10-19 years of experience and bring home median pay of approximately $64K per year.
Certifications and Degrees
Risk Management Associates earn around $74K annually, far more than their non-accredited counterparts. Becoming a Claims Associate can certainly pay off here; those folks make $68K on average. The highest-paying degree here is a Master of Business Administration (MBA), Finance; Erie Insurance Group awards about $111K to these degree-holders.
When it comes to skills, People Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of $81K per year. A common skill in Erie Insurance Group's work force is Claim Handling; just under a third of survey participants report using it on the job. Some other standard skills here are Customer Service, Negotiation, and Insurance.
Benefits and Perks
Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Health insurance comes as part of the deal for a large number of employees, and a strong majority of workers report receiving dental coverage as well. Some other perks are a subsidized cell phone, life insurance, tuition reimbursement, and company car / automobile.