Benefits and Compensation

Benefits and Compensation

Total Rewards Philosophy


As a nonprofit service provider to the residual market insurance industry, AIPSO's total rewards philosophy is to provide compensation and benefits that are competitive to the market.  AIPSO is committed to providing total rewards that support our strategy to attract and retain skilled and talented employees.  We believe this results in high performing employees who feel satisfied in their work environment.   

Our compensation programs are evaluated to promote internal equity while recognizing both sustained levels of high performance and longevity.

Our benefits programs offer opportunities for professional career growth to leverage and expand skills in a supportive, learning centered, and team oriented environment.  Workplace flexibility is a valued benefit that develops long term employee engagement through work schedules that are mutually beneficial to the employer and employee.

AIPSO’s Total Rewards Package has the following components:

  • Base salary
  • Health and welfare benefits
  • Retirement benefits
  • Work/Life benefits
  • Time Off benefits
  • Professional development benefits

AIPSO continually reviews its total rewards package to be certain that the programs support this philosophy and are consistent with common industry practices.


Employee Benefits

AIPSO provides a comprehensive benefits program that includes:

Health Benefits

Health Insurance: AIPSO provides its employees with competitive medical, dental and vision insurance benefits and pays a portion of the insurance costs.

Flexible Spending Accounts: AIPSO offers a Flexible Spending Account (FSA) to allow employees the ability to set aside part of their salary on a pre-tax basis for qualifying medical care expenses.  AIPSO provides a match amount with this benefit.

Life Insurance: AIPSO provides basic life insurance and offers employees with the ability to purchase additional life insurance as a voluntary benefit. AIPSO also provides employees an opportunity to purchase dependent life insurance.

AD&D: AIPSO provides company paid accidental death and dismemberment insurance coverage.

LTD: AIPSO offers company paid long term disability insurance coverage that provides income replacement should an employee become disabled.

Long-Term Care Insurance: AIPSO offers employees access to discounted long-term care insurance. AIPSO also offers this insurance to their employee's spouse and family members. AIPSO offers a subsidy towards this voluntary benefit.

Retirement Benefits

401(k) Savings Plan: AIPSO offers a 401(k) retirement savings program (defined contribution plan) that includes a company match. Participants may contribute up to a maximum of 75% annual compensation. Contributions may be made as pre-tax, after-tax, or Roth 401(k) contributions.

Pension Plan: AIPSO provides a pension plan for its employees. This defined benefit plan is a no cost benefit to its employees.

Work/Life Benefits

Dependent Care Assistance Program: AIPSO provides a Dependent Care Assistance Program (DCAP) that allows employees the ability to set aside part of their salary using pre-tax contributions for qualified dependent care expenses.

Tuition Reimbursement Program: AIPSO provides cost reimbursement for job-related courses or a job-related degree program at an accredited institution.  These reimbursements are for both the bachelors and masters levels.

Employee Assistance Program: AIPSO offers an EAP program that is a no cost benefit to its employees.  AIPSO employees have confidential access to an agency who can provide assistance to employees and their dependents on a wide variety of personal issues.

This information is a general description of AIPSO’s Employee Benefits and is subject to change. All AIPSO Employee Benefits are subject to the official plan documents.