How much does a Insurance Specialist make in Madison, WI?
An Insurance Specialist in Madison, WI, earns a competitive salary. On average, they make about $50,547 per year. This figure can vary based on experience, skills, and the specific employer. Many specialists find this salary attractive, given the city's cost of living and the demand for insurance professionals.
The salary range for Insurance Specialists in Madison spans from around $39,000 to over $70,000 annually. This range shows that there are opportunities for growth and advancement. Those with more experience or specialized skills often earn at the higher end of the scale. Additionally, some employers may offer benefits like health insurance, retirement plans, and paid time off, which can enhance the overall compensation package.
What are the highest paying cities for a Insurance Specialist near Madison, WI?

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Chicago, IL
Average Salary: $115,306
In Chicago, professionals thrive in the dynamic insurance sector. Major companies like Allstate and Aon offer diverse opportunities. The city's bustling economy provides a robust environment for growth.
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Fort Wayne, IN
Average Salary: $71,536
Fort Wayne presents a stable job market for insurance experts. Companies such as Safeco and OneMain Financial are prominent. The city's supportive community makes it a great place to work.
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Oshkosh, WI
Average Salary: $70,719
Oshkosh offers a friendly atmosphere for insurance specialists. Local firms like Sentry Insurance and Northwestern Mutual provide excellent career paths. The community's focus on education enhances professional development.
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Peoria, IL
Average Salary: $61,457
Peoria is a great place for insurance professionals. Companies like State Farm and Nationwide offer solid opportunities. The city's lower cost of living makes it an attractive option for many.
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Milwaukee, WI
Average Salary: $54,608
Milwaukee boasts a thriving insurance industry. Employers like Fiserv and Wisconsin Insurance Security offer many roles. The city's vibrant culture enriches the work experience.
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Minneapolis, MN
Average Salary: $52,864
Minneapolis is a hub for insurance careers. Employers such as U.S. Bank and Thrivent provide numerous opportunities. The city's strong economy supports a diverse job market.
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Davenport, IA
Average Salary: $51,960
Davenport offers a balanced lifestyle for insurance professionals. Companies like Principal Financial Group and American Family Insurance are key players. The city's affordable living costs are a big plus.
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Wausau, WI
Average Salary: $50,970
Wausau provides a supportive environment for insurance specialists. Local firms like Wausau Insurance and Hub International offer solid career paths. The community's emphasis on family makes it a welcoming place.
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Des Moines, IA
Average Salary: $50,174
Des Moines is a key city for insurance jobs. Companies like Wellmark Blue Cross and Blue Shield and Principal Financial Group are major employers. The city's growing economy offers many opportunities.
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Bloomington, IL
Average Salary: $48,317
Bloomington offers a stable job market for insurance professionals. Employers like State Farm and Nationwide provide many roles. The city's affordable living and strong community make it an attractive choice.
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What are the best paying companies for a Insurance Specialist in Madison, WI?

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Rural Mutual Insurance Company
Average Salary: $46,324
Rural Mutual Insurance Company offers rewarding Insurance Specialist jobs in Madison, WI. They focus on providing insurance services to rural communities. Their headquarters is in Madison, with offices in various locations across the state.
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Agrace
Average Salary: $42,750
Agrace provides Insurance Specialist positions in Madison, WI. They specialize in hospice and palliative care services. Their main office is in Madison, and they serve patients throughout the region.
What are the best paying Insurance Specialist related jobs in Madison, WI?

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Actuary
Average Salary: $140,867
Actuaries assess risk and help companies set premiums. They work for firms like Wisconsin Insurance Company. They analyze data to predict future events.
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Risk Analyst
Average Salary: $101,658
Risk analysts evaluate potential risks for companies. They work for firms like Madison Insurance Group. They create reports and suggest ways to reduce risk.
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Insurance Analyst
Average Salary: $77,375
Insurance analysts study data to help set policies. They work for companies like Madison Mutual Insurance. They look at trends and suggest changes to improve coverage.
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Insurance Agent
Average Salary: $59,862
Insurance agents sell policies to clients. They work for companies like State Farm. They meet with clients to understand their needs and recommend the best coverage.
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Fraud Analyst
Average Salary: $50,835
Fraud analysts investigate suspicious claims. They work for firms like Madison Insurance Services. They review claims and determine if they are valid or fraudulent.
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Policy Services Representative
Average Salary: $50,003
Policy services representatives help clients understand their policies. They work for companies like Madison Insurance. They answer questions and provide information about coverage.
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Insurance Customer Service Representative
Average Salary: $49,314
Customer service reps assist clients with their policies. They work for firms like Madison Insurance. They handle inquiries, complaints, and provide support.
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Underwriting Assistant
Average Salary: $48,580
Underwriting assistants help underwriters assess risk. They work for companies like Madison Insurance. They gather data and prepare reports to support underwriting decisions.
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Claims Examiner
Average Salary: $46,923
Claims examiners review claims to determine coverage. They work for firms like Madison Insurance. They investigate claims and decide if they should be paid out.
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Health Insurance Specialist
Average Salary: $44,850
Health insurance specialists focus on health coverage. They work for companies like Madison Health Insurance. They help clients understand their health plans and benefits.
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