Farmers Union Mutual Insurance Co Salary

How Much Does Farmers Union Mutual Insurance Co Pay?BETA

As of April 2025, the average annual salary for employees at Farmers Union Mutual Insurance Co in the United States is $80,502. This translates to an approximate hourly wage of $39. Salaries at Farmers Union Mutual Insurance Co typically range from $70,825 to $91,040 annually, reflecting the diverse roles and experience levels within the company. Individual salaries can vary significantly based on factors such as job role, experience, education level, certifications, and more. At Farmers Union Mutual Insurance Co, A President & Chief Executive Officer is among the highest earners, with an average salary of approximately $623,159 per year. Conversely, the lowest-paid position is Claims Representative, earning around $34,707 annually. Explore this page further for more salary and benefits information at Farmers Union Mutual Insurance Co.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Farmers Union Mutual Insurance Co Pay for Different Roles?BETA

At Farmers Union Mutual Insurance Co, salaries can vary significantly based on factors such as location, industry, job category, and department. Below, we provide a detailed overview of salary ranges for various roles within the company.

It's important to note that salaries for the same position may differ due to several factors, including experience, education level, training, skills, and competencies. For instance, President & Chief Executive Officer positions at Farmers Union Mutual Insurance Co offer the highest average annual salary of $623,159, while Claims Representative roles have an average annual salary of $34,707.

JOB TITLE SALARY RANGE AVERAGE SALARY COMPANY NAME
President & Chief Executive Officer $477,006 - $785,461 $623,159 Farmers Union Mutual Insurance Co
Vice President, Claims $151,423 - $200,891 $177,088 Farmers Union Mutual Insurance Co
Director, Production $102,528 - $132,021 $117,046 Farmers Union Mutual Insurance Co
Programmer III $78,044 - $92,707 $85,977 Farmers Union Mutual Insurance Co
Accountant $60,942 - $71,871 $66,415 Farmers Union Mutual Insurance Co
Commercial Lines Underwriter $48,780 - $60,723 $53,789 Farmers Union Mutual Insurance Co
Assistant Vice President of Underwriting $48,780 - $60,723 $53,789 Farmers Union Mutual Insurance Co
Claims Representative $31,495 - $38,121 $34,707 Farmers Union Mutual Insurance Co
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Farmers Union Mutual Insurance Co Overview

Website:
fumico.net
Size:
<25 Employees
Industry:
Insurance
Revenue:
$10M - $50M
About:
Farmers Union Mutual Insurance Company (FUMICO) is the largest domiciled property and casualty insurance company in Montana, writing business in Montana since 1915. FUMICO, rated A - (excellent) by AM Best, is one of the largest writers of farm and ranch business and a major writer of homeowners and...

Most Common Benefits for Farmers Union Mutual Insurance Co

Aside from the base salary, Farmers Union Mutual Insurance Co offers its employees a list of benefits. Employee benefits are an important factor in considering a position posted by the company.
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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Job Openings at Farmers Union Mutual Insurance Co

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Similar Company Salary

Companies in the same industry have the same employee size, company type, similar revenue are similar companies. The table below shows the salary range and average salary of Farmers Union Mutual Insurance Co ’s peer companies.
American Retirement Institute Kennesaw, GA $84,405 - $108,623 Company Salary Range $95,987 Average Company Salary
PolicyFly Inc New York City, NY $96,116 - $123,512 Company Salary Range $109,235 Average Company Salary
Bedford Grange Mutual Insurance Co Bedford, PA $73,473 - $94,430 Company Salary Range $83,519 Average Company Salary
Marshall & Swift/ Boeckh Los Angeles, CA $89,427 - $114,915 Company Salary Range $101,630 Average Company Salary
Safewaters LLC Chanhassen, MN $86,165 - $110,721 Company Salary Range $97,928 Average Company Salary
Eastern Mutual Insurance Co Greenville, NY $79,173 - $101,746 Company Salary Range $89,985 Average Company Salary
Svea Mutual Insurance Co Orion, IL $74,921 - $96,271 Company Salary Range $85,154 Average Company Salary
Silver Rock Risk Solutions Princeton, NJ $85,752 - $110,208 Company Salary Range $97,474 Average Company Salary
Texas Pioneer Farm Mutual Round Rock, TX $78,376 - $100,722 Company Salary Range $89,078 Average Company Salary
See more companies

FAQs About Farmers Union Mutual Insurance Co Company

1. How much does Farmers Union Mutual Insurance Co in the United States pay?

Farmers Union Mutual Insurance Co pays its employees an average of $80,502 per year. The average salary at Farmers Union Mutual Insurance Co range from $70,825 to $91,040 per year. President & Chief Executive Officer jobs at Farmers Union Mutual Insurance Co earn the most with an average annual salary of $623,159, while Claims Representative jobs earn the least with an average annual salary of $34,707.

2. Do Farmers Union Mutual Insurance Co employees get a higher salary than other similar companies?

The salary at Farmers Union Mutual Insurance Co is lesser than PolicyFly Inc. The highest salary package reported for an employee at Farmers Union Mutual Insurance Co is $91,040 per year, meanwhile the highest salary package reported for an employee at PolicyFly Inc is $123,512 per year.

3. How much does Farmers Union Mutual Insurance Co pay compared to PolicyFly Inc?

The average annual salary at Farmers Union Mutual Insurance Co is $80,502, or an hourly wage of $39, in comparison to PolicyFly Inc which pays $109,235 per year or $53 per hour.

4. Which job skills can boost an Accountant salary at Farmers Union Mutual Insurance Co?

Accounting, General Ledger and Analysis are key to an Accountant job at Farmers Union Mutual Insurance Co. Possessing these skills could lead to a higher salary. You can learn and develop high income skills now if you’re looking for a position at Farmers Union Mutual Insurance Co.

5. What is the lowest salary at Farmers Union Mutual Insurance Co?

The lowest paying job at Farmers Union Mutual Insurance Co is Claims Representative with an annual salary of $34,707 or an hourly rate of $39.