GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (2024)

Updated March 14, 2024

GEICO salary estimate

$44,417

$21.35 hourly rate

Entry-level salary

$26,000 yearly salary

How much does GEICO pay?

The average GEICO salary in the United States is $44,417 per year. GEICO salaries range between $26,000 a year in the bottom 10th percentile to $74,000 in the top 90th percentile. GEICO pays $21.35 an hour on average. Geographic location also impacts GEICO salaries. GEICO employees in Anchorage, AK get paid the most.

Highest paying jobs at GEICO

The highest paying jobs at GEICO are senior systems engineer, java/j2ee developer, net developer, and software engineer. Senior systems engineer jobs at GEICO earn an average yearly salary of $102,528, GEICO java/j2ee developer jobs average $100,222, and GEICO net developer jobs average $94,952.

The lowest paying GEICO roles include cashier and underwriting technician. GEICO cashier average salary is $33,126 per year. So while the average GEICO salary is $44,417 there is a big variation in pay depending on the role.

Highest paying jobs at GEICO

RankJob TitleAverage GEICO SalaryHourly Rate
1Senior Systems Engineer$102,528$49.29
2Java/J2ee Developer$100,222$48.18
3NET Developer$94,952$45.65
4Software Engineer$93,164$44.79
5Senior Programmer Analyst$90,529$43.52
6Business Analyst$90,355$43.44
7Staff Counsel$62,233$29.92
8Supervisor$51,720$24.87
9Management Development Program$51,509$24.76
10Bodily Injury Adjuster$50,794$24.42
11Claims Adjuster$48,958$23.54
12Claim Processor$47,973$23.06
13Claim Specialist$47,488$22.83
14Trainee$46,595$22.40
15Sales Associate$43,351$20.84
16Total Loss Specialist$42,174$20.28
17Legal Secretary$41,607$20.00
18Underwriter$41,432$19.92
19Emergency Services Dispatcher$41,149$19.78
20Emergency Dispatcher$40,857$19.64

Rate the fairness of GEICO's compensation policies.

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (1)

Average GEICO salary by state

GEICO pays the highest salaries in District of Columbia due to higher costs of living and competition in the state.

RankStateAverage GEICO SalaryHourly Rate
1District of Columbia$49,355$23.73
2California$48,852$23.49
3Maryland$44,984$21.63
4Virginia$41,895$20.14

How much does GEICO pay by location?

The average GEICO salary varies by location. GEICO salaries are the highest in Anchorage, AK, at $50,760 per year. GEICO pays the second highest average salary in Boston, MA, at $50,618 per year. It's important to factor in the cost of living when negotiating a salary or choosing a place to work.

Highest Paying GEICO Locations

RankLocationAverage GEICO SalaryHourly Rate
1Anchorage, AK$50,760$24.40
2Boston, MA$50,618$24.34
3Renton, WA$50,536$24.30
4Woodbury, NY$50,276$24.17
5Washington, DC$49,347$23.72
6Poway, CA$48,623$23.38
7Marlton, NJ$48,486$23.31
8Urban Honolulu, HI$48,291$23.22
9Woodbury, CT$48,197$23.17
10Providence, RI$47,107$22.65
11Portland, OR$46,650$22.43
12Minneapolis, MN$46,307$22.26
13Denver, CO$45,277$21.77
14Milwaukee, WI$45,039$21.65
15Chevy Chase, MD$44,871$21.57
16Portland, ME$44,482$21.39
17Chicago, IL$44,258$21.28
18Philadelphia, PA$44,027$21.17
19Rapid City, SD$43,270$20.80
20Gillette, WY$43,076$20.71

Do you work at GEICO?

Were you satisfied with GEICO's salary and benefits?

GEICO salaries by department

Salaries at GEICO vary depending on the department you work in. GEICO salaries in the engineering department are the highest with an average salary of $91,301. Employees in the it department at GEICO receive relatively high salaries as well, with an average salary of $80,236 per year. Departments that don't pay as well at GEICO include the customer service and the sales organizational functions, with employees earning average salaries of $38,204 and $38,847, respectively.

Average GEICO salary by department

RankDepartmentAverage GEICO SalaryHourly Rate
1Engineering$91,301$43.89
2IT$80,236$38.58
3Finance$48,149$23.15
4Administrative$39,813$19.14
5Retail$39,428$18.96
6Sales$38,847$18.68
7Customer Service$38,204$18.37

Top Searches Near You

Full Time Jobs

Part Time Jobs

Remote Jobs

Entry Level Jobs

How much does GEICO pay by department?

Best paying GEICO customer service salaries

RankPositionAverage GEICO SalaryHourly Rate
1Customer Service Representative$38,010$18.27
2Claims Associate$37,607$18.08
3Claims Service Representative$37,249$17.91

Best paying GEICO finance salaries

RankPositionAverage GEICO SalaryHourly Rate
1Underwriting Clerks Supervisor$76,091$36.58
2Performance Analyst$75,848$36.47
3Budget Analyst$59,049$28.39
4Litigation Examiner$53,984$25.95
5Management Development Program$51,509$24.76
6Bodily Injury Adjuster$50,794$24.42
7Claims Adjuster$48,958$23.54
8Claim Processor$47,973$23.06
9Claim Specialist$47,488$22.83
10Total Loss Specialist$42,174$20.28
11Claims Representative$41,934$20.16
12Payment Processor$41,544$19.97
13Underwriter$41,432$19.92
14Billing Agent$36,792$17.69
15Underwriting Technician$34,229$16.46

Best paying GEICO sales salaries

RankPositionAverage GEICO SalaryHourly Rate
1Sales Representative$40,201$19.33
2Insurance Sales Agent$39,129$18.81
3Billing Specialist$38,198$18.36
4Insurance Agent$36,951$17.76
5Inbound Sale Representative$35,323$16.98

GEICO competitors’ average salaries

Average salaries at GEICO competitors, like Esurance, The Travelers Companies, and USAA, vary. Esurance employees earn the highest salaries, with an average yearly salary of $66,733. The average salary at The Travelers Companies is $66,351 per year, and the average salary at USAA is $59,089 per year.

Highest paying GEICO competitors

RankCompany NameZippia ScoreAverage Salary
1Esurance4.8$66,733
2The Travelers Companies4.7$66,351
3USAA4.9$59,089
4Safeco Insurance4.5$58,556
5Government Employee Benefits, LLC3.5$54,828
6California Casualty4.4$52,505
74.7$51,654
8Nationwide4.8$51,158
9Sentry4.7$50,776
10Bankers Life Insurance Company4.5$50,274
11Progressive4.6$50,229
1221st Century Insurance4.2$48,374
13Unitedheath Group4.7$48,206
14Blue Cross Blue Shield of North Carolina4.8$48,063
15National General Insurance4.7$47,115
16Amica Insurance4.5$46,695
17Allstate4.6$42,604
18State Farm Insurance Agency3.9$42,448
19State Farm4.6$40,016
20Fred Loya Insurance4.1$39,513

Recently added GEICO salaries

JobLocationDate AddedSalary
Master Software Engineer-.NETJacksonville, FL11/01/2023$109,866
Principal Engineer I-CRMSunnyvale, CA11/01/2023$132,755
Master Software Engineer-.NETIndianapolis, IN10/01/2023$97,490
Master Software Engineer-.NETRound Rock, TX10/01/2023$140,000
Senior Engineer-Duck CreekCleveland, OH09/03/2023$104,270

Show more

What employees say about salary at GEICO

Employee Reviews

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (2)

1.0

A zippia user wrote a review on Dec 2023

Pros of working at GEICO

I was not involved with the festivities they provide but the company seemed to fear older people and shunned them and did not have the patience when speaking to older (Senior aged) customers nor do they have anyone in the departments over the age of 45 in the Poway Ca. office and they seem to play on company time, and being of senior citizen age I was shunned and ignored and when asked for assistance it seemed to be a problem for a couple of the instructors and made me feel old and inadequate

Cons of working at GEICO

If you are young and identify as part of the LBGQT group, they are willing to hire you because you are the fashion of the month, but if you are straight and white you will fit in especially if you are a cat lover and it's always about you. Most managers have no clue what leadership is and they don't care if you have problems or you are feeling singled out and discriminated against. They will say "Aww I am sorry you feel this way" and your complaint is invalid to them.

GEICO Benefits

They have the same as others they don't give you ample time to train and they start your benefits on day one and before you finish filling out the forms, they will start taking the money out of your check before you have finalized your choices.

What do you like best about GEICO's CEO and the leadership team?

He never made an appearance.

How would you improve GEICO's culture?

By hiring people with leadership backgrounds that understand the customer's needs and train the CSR to be less assumptive and more assistive to the needs. To provide confidence in training and allow dedicated training employees to be given equal training. The reps should be broke down in by zip codes to receive calls that will come from West Central and East coast. The reps will work accordingly to the time zones, and will need to only know the laws to the states their assigned. To not assign a script for the reps in which they are to ask at the end of a call "My goal was to provide you excellent customer service today, did I provide that for you?" This is really an odd thing to ask a customer after you tell them their rates have gone up and you can't do anything to change it.

How did you prepare for the GEICO interview?

I was myself but I was hired as a token old person they set me up to fail on purpose. They never intended to keep me on. I looked good on paper.

What brings you the most joy at GEICO?

Not one thing since I was told before my interview, that they provide handicap parking and I am not handicapped, she assumed I was handicapped because of my age.

Is this useful?

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (3)

1.0

A zippia user wrote a review on Mar 2023

Pros of working at GEICO

I met some awesome humans in my time at the company, from the top to the bottom.

Cons of working at GEICO

I worked for this company for almost 2 decades. Every aspect of the company deteriorated including pay, benefits, career advancement, trust in management, quality of the tools provided to do our jobs, morale, communication from home office to customer-facing associates and every other metric you could name. I used to be proud to work for GEICO. I left embarrassed to represent the company and frustrated with every single aspect of the job.

GEICO Benefits

None at the end. Absolutely nothing.

Is this useful?

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (4)

5.0

A zippia user wrote a review on Jan 2022

Pros of working at GEICO

Geico is very well established. Everyone has heard of this insurance company.

Cons of working at GEICO

There are so few locations that commuting can be a chanllenge.

GEICO Benefits

The popularity of the company.

Is this useful?

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (5)

4.0

A zippia user wrote a review on Apr 2021

Pros of working at GEICO

Atmosphere, promotes within, and close to home

Cons of working at GEICO

Workload is too heavy based on the pay

Is this useful?

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (6)

4.0

A zippia user wrote a review on Apr 2021

Pros of working at GEICO

Working at geico I received health care and 401k Benefits

Cons of working at GEICO

What I didnt like working at geico was the Scheduling. Unfortunately there had set hours that conflicted with my child’s medical.

GEICO Benefits

One of the best perks and benefits working for geico was the annual Profit sharing.

Is this useful?

Frequently asked questions about GEICO salaries

Have more questions?

See all answers to common company questions.

Search for jobs

Related Company Salaries

  • Average Esurance Salary
  • Average Allstate Salary
  • Average Progressive Salary
  • Average The Travelers Companies Salary
  • Average Nationwide Salary
  • Average State Farm Salary
  • Average Safeco Insurance Salary
  • Average Sentry Salary
  • Average Unitedheath Group Salary
  • Average Amica Insurance Salary
  • Average USAA Salary
  • Average Bankers Life Insurance Company Salary
  • Average 21st Century Insurance Salary
  • Average Blue Cross Blue Shield of North Carolina Salary
  • Average National General Insurance Salary

Working At Related Companies

  • Working at Esurance
  • Working at Allstate
  • Working at Progressive
  • Working at The Travelers Companies
  • Working at State Farm Insurance Agency
  • Working at Nationwide
  • Working at State Farm
  • Working at Safeco Insurance
  • Working at Fred Loya Insurance
  • Working at Sentry
  • Working at Unitedheath Group
  • Working at Amica Insurance
  • Working at USAA
  • Working at Victor US
  • Working at GEICO General Insurance Company Inc

Related Company Jobs

  • Allstate
  • Progressive
  • The Travelers Companies
  • State Farm Insurance Agency
  • Nationwide
  • State Farm
  • Safeco Insurance
  • Sentry
  • Unitedheath Group
  • Amica Insurance
  • USAA
  • Bankers Life Insurance Company
  • Blue Cross Blue Shield of North Carolina
  • National General Insurance

GEICO Highest Paying Jobs

  • Senior Systems Engineer
  • Java/J2ee Developer
  • NET Developer
  • Software Engineer
  • Senior Programmer Analyst
  • Business Analyst
  • Staff Counsel
  • Supervisor
  • Management Development Program
  • Bodily Injury Adjuster
  • Claims Adjuster
  • Claim Processor
  • Claim Specialist
  • Trainee
  • Sales Associate
  • Companies
  • Maryland
  • Chevy Chase, MD
  • GEICO
  • GEICO Salaries

Updated March 14, 2024

Zippia gives an in-depth look into the details of GEICO, including salaries, political affiliations, employee data, and more, in order to inform job seekers about GEICO. The employee data is based on information from people who have self-reported their past or current employments at GEICO. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by GEICO. The data presented on this page does not represent the view of GEICO and its employees or that of Zippia.

GEICO may also be known as or be related to GEICO, GEICO Corporation, GEICO Insurance Agency LLC, Geico and Government Employees Insurance Company.


GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia (2024)

FAQs

GEICO Salaries: How Much Does GEICO Pay In 2024? - Zippia? ›

GEICO salaries range between $26,000 a year in the bottom 10th percentile to $74,000 in the top 90th percentile. GEICO pays $21.35 an hour on average.

How much did the CEO of Geico make last year? ›

Insurance CEO compensation – personal lines insurers
InsurerCEO2021 compensation
GEICOTom Combs$13.6 million
ProgressiveSusan Patricia Griffith$14.5 million
FarmersJeffrey Dailey$7.9 million
American FamilyJack Salzwedel$6.8 million
7 more rows
Nov 20, 2023

How much do todd combs make? ›

Combs himself banked total compensation of $13.6 million in 2022, a year in which GEICO fell to a $1.88 billion underwriting loss, a point that appeared not to fly over some purported GEICO employees' heads.

Who is the richest insurance company? ›

By net premiums written
RankCompanyNet premiums written (US$ Billion)
1UnitedHealth Group201.5
2Ping An Insurance118.8
3China Life Insurance111.2
4Centene Corporation107.4
21 more rows

What is Wayne Peaco*ck's salary? ›

USAA President and CEO Wayne Peaco*ck saw a 68% increase in his compensation in 2023, with figures jumping to $8.1 million, up from $4.8 million the previous year, reported by the San Antonio Report.

How much money does the CEO of Allstate make? ›

Allstate CEO Tom Wilson collected $15 million in total compensation in 2022, down from $19.1 million in 2021.

How much does the State Farm president make? ›

Michael Tipsord, chairman, president and CEO of State Farm, received total compensation of $20,266,505.62 last year, according to a report by The Pantagraph. That includes a $2,147,076.91 base salary and an $18,081,900 incentive-based bonus. It's a 65% hike from his 2019 compensation.

How much does the CEO of USAA make? ›

USAA President and CEO Wayne Peaco*ck was paid at least $8.1 million in 2023, an increase of more than two-thirds of his 2022 compensation of $4.8 million.

How much did State Farm pay CEO despite loss? ›

In a year in which State Farm posted a record net loss, the company paid CEO Michael Tipsord more than $24 million in cash. Tipsord's $24.4 million in total compensation for 2022 was nearly equivalent with the $24.5 million he collected for 2021, according to a filing with the Nebraska Department of Insurance.

What is the top salary for an insurance CEO? ›

Meanwhile, the CEOs of the top 10 health insurance companies were paid between $13 million and $22 million in total compensation in 2022, including salary, bonuses and other pay, according to a Connecticut Office of Legislative Research report, issued Feb.

How much did the CEO of CVS make last year? ›

Karen Lynch, the CVS chief executive, received a $21.6 million compensation package in 2023 — a 1.4% increase over the prior year. The figure included a $1.5 million salary, stock awards and options of $16.2 million, and incentive pay of nearly $3 million.

What is David Cordani's salary? ›

David Cordani, Cigna

David Cordani's $20.9 million in total pay last year was an increase from his $19.9 million in overall earnings in 2021. He received $1.5 million in base salary and $3.6 million in non-equity incentives. He also made around $12.6 million and $2.9 million in stock and option awards, respectively.

Top Articles
Latest Posts
Article information

Author: Dan Stracke

Last Updated:

Views: 5719

Rating: 4.2 / 5 (43 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dan Stracke

Birthday: 1992-08-25

Address: 2253 Brown Springs, East Alla, OH 38634-0309

Phone: +398735162064

Job: Investor Government Associate

Hobby: Shopping, LARPing, Scrapbooking, Surfing, Slacklining, Dance, Glassblowing

Introduction: My name is Dan Stracke, I am a homely, gleaming, glamorous, inquisitive, homely, gorgeous, light person who loves writing and wants to share my knowledge and understanding with you.