Skip to main content
Filing year 2023

TEXAS MUTUAL INSURANCE COMPANY

Austin, Texas·EIN 74-2615873·501(c)(27)
Total revenue
$1.4B
Total assets
$8.4B
Total expenses
$1.3B
Reported officers
47
Mission

Established by Texas statute to provide a stable, competitive source of workers' compensation insurance for Texas employers, acts as an insurer of last resort, and helps to prevent on-the-job injuries and illnesses and minimize their consequences.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 47 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
Above 90th percentile
$1.2M
$1.3M
Base
$661k
Bonus
$312k
Other
$71k
Benefits
$9k
President & CEO
Above 90th percentile
$1.1M
$1.2M
Base
$198k
Bonus
Other
$840k
Benefits
$5k
Chief Data Officer
Officer (Unspecified)
$872k
$952k
Base
$391k
Bonus
$170k
Other
$207k
Benefits
$22k
SVP Investments
Senior Vice President
Above 90th percentile
$847k
$925k
Base
$491k
Bonus
$203k
Other
$101k
Benefits
$13k
SVP & CFO
Above 90th percentile
$796k
$869k
Base
$475k
Bonus
$184k
Other
$25k
Benefits
$29k
SVP Enterprise Affairs & General Counsel
Senior Vice President
Above 90th percentile
$722k
$788k
Base
$435k
Bonus
$175k
Other
$11k
Benefits
$29k
SVP Policyholder Services
Senior Vice President
Above 90th percentile
$650k
$710k
Base
$345k
Bonus
$146k
Other
$51k
Benefits
$12k
SVP Underwriting
Senior Vice President
Above 90th percentile
$648k
$708k
Base
$330k
Bonus
$141k
Other
$53k
Benefits
$31k
SVP & Chief Information Officer
Chief Information Officer
Above 90th percentile
$646k
$705k
Base
$377k
Bonus
$117k
Other
$83k
Benefits
$28k
SVP Human Resources
Senior Vice President
75th to 90th percentile
$626k
$683k
Base
$340k
Bonus
$141k
Other
$43k
Benefits
$10k
SVP Public Affairs
Senior Vice President
75th to 90th percentile
$602k
$658k
Base
$336k
Bonus
$142k
Other
$72k
Benefits
$12k
VP IT Infrastructure
Board Vice President
Above 90th percentile
$536k
$585k
Base
$285k
Bonus
$92k
Other
$48k
Benefits
$28k
SVP & General Auditor
Senior Vice President
75th to 90th percentile
$535k
$584k
Base
$285k
Bonus
$123k
Other
$39k
Benefits
$17k
VP Investments
Board Vice President
Above 90th percentile
$518k
$565k
Base
$294k
Bonus
$92k
Other
$34k
Benefits
$30k
VP & Chief Actuary, Enterprise Analytics
Board Vice President
Above 90th percentile
$502k
$548k
Base
$279k
Bonus
$90k
Other
$45k
Benefits
$14k
VP & Controller
Controller
Above 90th percentile
$486k
$531k
Base
$265k
Bonus
$83k
Other
$47k
Benefits
$19k
VP HR Employee Services
Board Vice President
Above 90th percentile
$485k
$530k
Base
$268k
Bonus
$75k
Other
$36k
Benefits
$30k
VP Corporate Underwriting
Board Vice President
Above 90th percentile
$484k
$528k
Base
$273k
Bonus
$75k
Other
$36k
Benefits
$30k
VP & Associate General Counsel
Board Vice President
Above 90th percentile
$479k
$523k
Base
$280k
Bonus
$85k
Other
$31k
Benefits
$17k
VP Claim Operations
Board Vice President
Above 90th percentile
$476k
$520k
Base
$264k
Bonus
$83k
Other
$39k
Benefits
$18k
VP Corporate Strategy & Product
Board Vice President
Above 90th percentile
$473k
$516k
Base
$270k
Bonus
$80k
Other
$39k
Benefits
$19k
VP Underwriting Operations
Board Vice President
Above 90th percentile
$471k
$514k
Base
$273k
Bonus
$35k
Other
$94k
Benefits
$30k
VP Distribution & Customer Engagement
Board Vice President
Above 90th percentile
$468k
$511k
Base
$289k
Bonus
$90k
Other
$22k
Benefits
$600
VP Project Management Office
Board Vice President
Above 90th percentile
$464k
$507k
Base
$245k
Bonus
$77k
Other
$40k
Benefits
$27k
VP Marketing & Community Affairs
Board Vice President
Above 90th percentile
$463k
$505k
Base
$239k
Bonus
$77k
Other
$41k
Benefits
$30k
VP & Chief Risk Officer
Board Vice President
Above 90th percentile
$456k
$498k
Base
$264k
Bonus
$78k
Other
$32k
Benefits
$19k
VP Data Analytics & Business Intelligence
Board Vice President
Above 90th percentile
$449k
$490k
Base
$271k
Bonus
$84k
Other
$13k
Benefits
$20k
VP Data Governance
Board Vice President
Above 90th percentile
$447k
$488k
Base
$269k
Bonus
$80k
Other
$11k
Benefits
$29k
VP Engineering
Board Vice President
Above 90th percentile
$444k
$485k
Base
$265k
Bonus
$80k
Other
$10k
Benefits
$30k
VP Business Law
Board Vice President
Above 90th percentile
$442k
$482k
Base
$260k
Bonus
$71k
Other
$30k
Benefits
$19k
VP Regional Operations
Board Vice President
Above 90th percentile
$441k
$481k
Base
$253k
Bonus
$77k
Other
$50k
Benefits
$20k
VP Safety Services
Board Vice President
Above 90th percentile
$440k
$481k
Base
$236k
Bonus
$76k
Other
$33k
Benefits
$32k
VP Regional Operations
Board Vice President
Above 90th percentile
$437k
$477k
Base
$254k
Bonus
$74k
Other
$47k
Benefits
$22k
VP Special Litigation
Board Vice President
Above 90th percentile
$423k
$462k
Base
$233k
Bonus
$69k
Other
$40k
Benefits
$17k
Medical Director
Highest Compensated Employee
Above 90th percentile
$414k
$452k
Base
$270k
Bonus
$66k
Other
$20k
Benefits
$19k
VP Information Security
Board Vice President
Above 90th percentile
$408k
$446k
Base
$258k
Bonus
$80k
Other
$12k
Benefits
$21k
VP Premium Audit
Board Vice President
Above 90th percentile
$380k
$415k
Base
$226k
Bonus
$70k
Other
$17k
Benefits
$9k
Director
Board Member
Above 90th percentile
$186k
$203k
Director
Board Member
Above 90th percentile
$131k
$143k
Director
Board Member
Above 90th percentile
$130k
$142k
Director
Board Member
Above 90th percentile
$127k
$139k
Director
Board Member
75th to 90th percentile
$106k
$115k
Director
Board Member
75th to 90th percentile
$105k
$115k
Director
Board Member
75th to 90th percentile
$105k
$115k
Director
Board Member
75th to 90th percentile
$105k
$114k
Director
Board Member
75th to 90th percentile
$102k
$111k
Director
Board Member
Median to 75th percentile
$26k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

FAQ

Common questions about TEXAS MUTUAL INSURANCE COMPANY

What does the Chief Executive Officer of TEXAS MUTUAL INSURANCE COMPANY earn?

In 2023, the Chief Executive Officer of TEXAS MUTUAL INSURANCE COMPANY received $1,185,085 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TEXAS MUTUAL INSURANCE COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at TEXAS MUTUAL INSURANCE COMPANY falls in the top 10%.

What are TEXAS MUTUAL INSURANCE COMPANY's revenue and expenses?

In 2023, TEXAS MUTUAL INSURANCE COMPANY reported $1.4B in total revenue and $1.3B in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.