US FSS: Insurance

Align your organization for success with a data-driven compensation strategy

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US FSS: Financial Services Suite – Insurance image
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As businesses and individuals look to manage risks and mitigate losses during times of change, the insurance industry always plays a critical role. While each sub-sector of the industry is experiencing today’s changes differently, evaluating the technical skills needed to better engage clients while at the same time handling an increase in request volume is common. A competitive pay strategy is key to finding and keeping the talent you need to effectively address these needs and stay ahead of the competition.

The Insurance segment of the US FSS: Financial Services Suite arms you with the robust data you need to compensate top talent competitively. Benchmark your strategy against data from over 300 organizations on over 170 jobs across 17 position families.

Analyze the data by industry type, such as:

  • Commercial Bank
  • Diversified Financial
  • Life Insurance
  • Property & Casualty
  • Workers Compensation
Are you ready to embrace a data-driven compensation strategy?

Participation open: March – April

Data effective: April 1

Results publish: September

2023 results available

  • 179 positions published
  • USD 1,900 – 5,700
Buy now!

Sample report

Position list

Download product snapshot

  • Product Details
  • Pricing / Buy Now
  • Participating Companies
  • Position List & Sample Report
  • 2023 Survey Participation
  • Related Articles

Product Details

Survey Statistics

  • # Positions Surveyed: 660
  • # Positions Published: 179
  • # Organizations: 304
  • # Observations: 115,567

Based on data from the 2023 US FSS: Financial Services Suite – Insurance survey. Data minimum and suppression rules account for the difference between the number of positions surveyed and published.

Data Collected

  • Base Pay
  • Employee Turnover
  • Long-term Incentives
  • Organization Data
  • Pay Range Minimums and Maximums
  • Sales Incentive Eligibility and Amounts
  • Sales Incentive Targets
  • Short-term Incentive Eligibility and Amounts
  • Short-term Incentive Thresholds, Targets, and Maximums

Data Analyzed

Type of Industry

  • Commercial Bank
  • Diversified Financial
  • Life Insurance
  • Property & Casualty
  • Workers Compensation

Analyzed By

  • Assets
  • Location
  • Ownership
  • Premiums
  • Property and Casualty Line
  • Property and Casualty Segment
  • Revenue / Sales
  • Total Employment

Geographic Area

  • National
  • Metropolitan
  • Regional
  • Organizational Size


  • Premium Income
  • Net Revenue
  • Number of Employees
  • Executive
  • Management

Career Streams Analyzed

  • Professional
  • Para-Professional

Position Families Analyzed

  • Customer Service & Contact Center Operations
  • Data Analytics/Warehousing, & Business Intelligence
  • Finance
  • General Management
  • Insurance
  • Legal, Compliance & Audit
  • Outsourcing & Global Capability Centers
  • Quality Management
  • Sales, Marketing & Product Management

Position Sub-Families Analyzed

  • Account & Client Management
  • Agency/Field Services
  • Business Process/Service Quality
  • Claims Services
  • Corporate Compliance & Legal Leadership
  • Customer Service
  • Data Analytics & Business Intelligence (BI)
  • Field Sales & Account Management
  • Insurance (Outsourcing & Global Capability Centers)
  • Insurance Leadership
  • Insurance Operations
  • Medical Management
  • Policy Services
  • Product Marketing & Management
  • Provider Network Management
  • Regulatory Affairs
  • Risk Management
  • Sales Operations/Administration
  • Sales, Marketing & Product Management Leadership
  • Treasury
  • Underwriting & Loss Control

This survey is powered by Mercer Job Library. View Mercer Job Library FAQs for more details. Survey results are delivered in Mercer WIN®, giving you access to the data through a variety of customizable parameters. Your survey purchase includes access for three (3) Mercer WIN® users. If you need additional users, they can be added during checkout.


Version Participant Non-Participant
2023 US FSS: Financial Services Suite — Insurance USD 1,900 USD 5,700

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US FSS: Insurance

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Please note:

  • Survey purchase includes access for three (3) users. Additional users may be added during checkout for USD 200 each per module/survey.
  • Individuals or companies using Mercer data for consulting services or commercial purposes are subject to different rates. Please call for more information.
  • 2023 results are now available for purchase.

Participating Companies

View a list of the participating companies included in the US FSS: Insurance here.

Position List & Sample Report

Position List

View the position list and descriptions included in this survey.

Sample Report

View a sample report of this survey for a glimpse at what’s included.

2023 Survey Participation

2023 survey participation is now closed. The act of submitting data to a survey is known as survey participation and your company is then viewed as a participant. Survey participation is open to all organizations and is not required to purchase results.

Key Dates:

  • Participation opens March 1, 2023
  • Participation closes May 4, 2023

Why should you participate?

  • Align your pay to the market
  • Maximize your budget by making informed decisions to ensure you are not overpaying or underpaying
  • Receive invitations to exclusive participant-only events

Product Participant Non-Participant
2023 US FSS: Financial Services Suite — Insurance USD 1,900 USD 5,700

To learn more about how you can become a participant, please contact us.

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  • IsOrderingSetYes
  • Ordering TypeWIN
  • Enable ParticipationYes
  • Participation Start Date03/01/2023
  • Participation End Date05/04/2023
  • RegionUS
  • Sub Title Align your organization for success with a data-driven compensation strategy
  • Short DescriptionEvaluate pay for positions in organizations offering insurance to the public.
  • Product Survey HeadingInsurance Compensation Survey - US FSS

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