Property/Casualty Compensation Survey


GET READY FOR THE 2024 SURVEY

The NAMIC Property/Casualty Compensation Survey, produced in conjunction with Aon, serves as a key resource in helping insurance companies ensure their compensation packages are aligned with current market conditions and performance. Data collection takes place from March-April 2024. Join experts from AON as they kick things off with a webinar discussing data collection, reports, and several new changes to the survey's online platform.

HOW TO PARTICIPATE

Participation is required in order to purchase survey results and all data must be submitted by April 26, 2024. For information on how to participate, please contact Shelley Freitag at McLagan directly: shelley.freitag@aon.com.

KEY DATES:

  • March 14 | 2 p.m. Kickoff Webinar

  • March 14 | Survey Data Collection Begins

  • April 26 | Survey Closes

  • September | Reports Delivered to Participants

  • October | Results Webinar

PRICING

NAMIC members receive significant discounts on the individual reports and can enjoy even more savings by purchasing the bundled options. Below is 2024 report pricing:

Survey

Type

NAMIC Savings

Survey Price

Select Cut

Bundled - Insurance + Exec & Infrastructure Module (Insurance Restricted Market)

NAMIC Members
(more than $50M DWP)

40%

$6,000

$2,000

NAMIC Members
(less than $50M DWP)

65%

$3,500

$2,000

Non-Members

--

$10-20K

--

 

Insurance Module

NAMIC Members
(more than $50M DWP)

38%

$3,750

$2,000

NAMIC Members
(less than $50M DWP)

62%

$2,300

$2,000

Non-Members

--

$6-$10K

--

 

Exec & Infrastructure Module (Insurance Restricted Market)

NAMIC Members
(more than $50M DWP)

57%

$3,000

$2,000

NAMIC Members
(less than $50M DWP)

71%

$2,000

$2,000

Non-Members

--

$7-$13K

--

Note: Participation is required in order to purchase survey results.

*Savings calculated off the lowest list price

ADDITIONAL SERVICES WITH AON'S COMPENSATION ADVISORY PRACTICE

Aon's Compensation Advisory practice serves NAMIC members through projects related to executive, board, and employee compensation, pay equity, and pay transparency. Please contact Paige Zick to learn more and be directed to the best resources within Aon for further information and a quote.

Survey FEATURES

  • Hundreds of entry–level through executive roles (mutual vs. stock)

  • Core elements of cash and equity compensation

  • Year-over-year trend analysis.

Survey coverage includes competitive benchmark compensation data for property/casualty insurance positions as well as infrastructure positions that support the insurance business. Pay data elements include:

  • Prior year and current year base salary

  • Target and actual annual cash incentive

  • Target and actual total cash

  • Long-term/deferred awards

  • Total compensation

Other Questions?

For specific questions relating to the survey, please contact Shelley Freitag at McLagan directly: shelley.freitag@aon.com.

For general survey questions or questions on how to receive NAMIC member pricing, please contact NAMIC at membership@namic.org or call (317) 875–5250.

ABOUT AON'S MCLAGAN

McLagan is part of the Human Capital Solutions practice at Aon and provides tailored talent, rewards, and performance expertise to financial services firms across the globe. McLagan compensation surveys are the most comprehensive, in-depth source of rewards data covering over 150 countries from more than 2,500 clients.

Contacts

Paige Zick
Project Manager

317.876.4263

  Paige

Brian Snyder
Sr. Membership Director

317.876.4244

  Brian