State Farm Insurance Contracts Specialist Salary | Comparably
State Farm Insurance Claimed Company
At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and we’re serious about being here to help life go right™ for customers by providing solutions for all of life’s moments. read more
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State Farm Insurance Contracts Specialist Salary

The average State Farm Insurance Contracts Specialist earns an estimated $89,563 annually, which includes an estimated base salary of $83,885 with a $5,677 bonus. State Farm Insurance's Contracts Specialist compensation is $4,417 more than the US average for a Contracts Specialist. Contracts Specialist salaries at State Farm Insurance can range from $48,622 - $200,000.

The Legal Department at State Farm Insurance earns $941 more on average than the Engineering Department.

Last updated 12 days ago.

$36k
$50k
$63k
$77k
$118k
$160k
$200k
$89,563
Average Compensation
$83,885
avg. base
$5,677
avg. bonus

Contracts Specialist Salaries at State Farm Insurance

Contracts Specialists earn $2,626 more than Contracts Specialists, and $99,879 less than Corporate Counsels.

General Counsel
$206k*
Corporate Counsel
$189k*
Contracts Specialist
$87k*
Paralegal
$68k*
* estimated salary

Compensation at State Farm Insurance by Department

The Legal Department averages $941 more than the Engineering Department, and $16,907 less than the Product Department

Product
$154,161 Avg. total comp.
+$17k
Legal
$137,254 Avg. total comp.
Engineering
$136,313 Avg. total comp.
-$941

Contracts Specialist Compensation by Gender (All Companies)

The average female Contracts Specialist at companies similar size to State Farm Insurance reported making $81,516, while the average male Contracts Specialist at similar sized companies reported making $104,964.

Contracts Specialist Compensation by Ethnicity (All Companies)

The average African American/Black Contracts Specialist at companies similar size to State Farm Insurance reported making $97,320, while the average Native American Contracts Specialist at similar sized companies reported making $87,750.

How Contracts Specialists at State Farm Insurance Rate Their Compensation

The majority of Contracts Specialists at State Farm Insurance believe they're compensated fairly. 70% of Contracts Specialists at State Farm Insurance say they receive annual bonuses, and the majority (60%) are satisfied with their benefits. See more compensation ratings at State Farm Insurance

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