Property/Casualty Compensation Survey


BENCHMARK YOUR COMPENSATION PLANS WITH THE MUTUAL INDUSTRY’S LEADING SURVEY

NAMIC partnered with McLagan, a business unit of Aon plc, to conduct the 2019 Property/Casualty Compensation Survey, sponsored by The Carlisle Group. This survey serves as a key resource in helping insurance companies ensure their compensation packages are aligned with current market conditions and performance. The survey includes:

  • More than 1,500 entry-level through executive roles (mutual vs. public)
  • Core elements of cash and equity compensation
  • Year-over-year trend analysis.

About 130 companies participated in the 2019 survey, with nearly 100 of those being mutual insurance companies. The latest survey results were released in September 2019 to survey participants. The 2020 version of this survey will open for data collection in February. A more specific timetable will be released in January.

2019 EXECUTIVE SUMMARY

View the executive summary for insights on the 2019 results and an evaluation of today’s hiring climate by the survey’s sponsor, The Carlisle Group.

411 Webinar | 2019 SURVEY RESULTS

Click below to review a recording of the webinar on survey results from Sept. 12, 2019. Download the PDF of the slides here.

ABOUT MCLAGAN:

McLagan provides tailored talent, rewards, and performance expertise to financial services firms across the globe. Since 1966, McLagan has partnered with the largest and smallest financial services firms to help them make data-driven decisions to hire, retain, and engage the top talent for keeping the global economy running. McLagan compensation surveys are the most comprehensive, in-depth source of rewards data covering over 150 countries from more than 2,500 clients. Their consultants work with hundreds of firms annually to design total rewards programs and benchmark financial performance for boards of directors, executives, employees, and sales professionals. McLagan is a part of Aon plc (NYSE: AON).

BACKGROUND

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

2019 McLagan Job Catalogue

View the latest job catalogue from McLagan.

Questions?

For specific questions relating to the survey, please contact Kaitlyn Isley with Ward Group at (203) 602-1202 or kaitlyn.isley@mclagan.com. For general survey questions, please contact NAMIC at compensationsurvey@namic.org or call (317) 875-5250.

Contacts

Brian Snyder
Marketing Manager - Products & Services

317.876.4244

  Brian