Great-West Life & Annuity Salary

As of August 2026, the average annual salary for employees at Great-West Life & Annuity in the United States is $95,059. This translates to an approximate hourly wage of $46. Salaries at Great-West Life & Annuity typically range from $83,617 to $107,538 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Great-West Life & Annuity Pay for Different Roles?

Explore detailed salary information for specific jobs at Great-West Life & Annuity. Based on our data, the highest paying job is the Senior Manager, Information Security, with an annual salary of $131,038. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Great-West Life & Annuity’s Pay Competitive? Salary Benchmarking Analysis

How does Great-West Life & Annuity's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Inforce Solutions $92,601
-2.6%
Confirms Inforce Solutions is a direct competitor vying for the exact same talent pool.
Guardian Direct Insurance $82,359
-13.4%
Normalized for lower cost-of-living zones where Guardian Direct Insurance primarily operates.
Pca Life Insurance Co $93,118
-2.0%
Suggests Pca Life Insurance Co utilizes a highly similar base-plus-benefits compensation model.
CS Benefits $90,681
-4.6%
CS Benefits focuses strategically on recruiting and training entry-level apprentices.
Insurance Industry $123,858
+30.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Great-West Life & Annuity

Considering a career at Great-West Life & Annuity? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The workload is manageable, allowing for a good work-life balance. Insurance products are reputable, and client interactions are straightforward. The pay is competitive, and bonuses reflect performance fairly. The insurance sector is challenging, but the team is knowledgeable and helpful.
The workload is manageable, and the team is cooperative. Supportive managers, clear goals. I appreciate the focus on employee well-being and the clear communication from leadership. This insurance company is a great place to work, especially for those looking to grow in the industry. Enjoy working here. The work-life balance is respected, and flexible hours help manage personal needs.
I’ve been with this insurance company for several years, and it’s been a positive journey. Benefits are standard for the industry, and the team is professional. The benefits package is robust, including retirement plans and health incentives. Compensation is fair, with standard raises based on performance reviews. I’ve had the chance to work on meaningful projects that impact clients positively.

Great-West Life & Annuity Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
445 Hutchinson Ave Columbus Ohio OH 43235
Revenue
$10 Million - $50 Million
Phone Number
+1 6148485369
Social Media
About Great-West Life & Annuity
Great-West Life & Annuity is a company that operates in the Insurance industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Columbus, Ohio.

What Benefits Does Great-West Life & Annuity Offer Beyond Salary?

A competitive compensation package is more than just a salary. Great-West Life & Annuity offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Great-West Life & Annuity.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from Great-West Life & Annuity, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Great-West Life & Annuity salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Great-West Life & Annuity

1. How much does a Great-West Life & Annuity employee make?

Great-West Life & Annuity pays its employees an average of $95,059 per year. The average salary at Great-West Life & Annuity range from $83,617 to $107,538 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Great-West Life & Annuity?

The salary at Great-West Life & Annuity is higher than the similar company. The average annual salary at Great-West Life & Annuity is $95,059, or an hourly wage of $46, in comparison to Inforce Solutions which pays $92,601 per year or $45 per hour.

3. How much does a Senior Manager, Information Security typically earn at Great-West Life & Annuity?

A Senior Manager, Information Security at Great-West Life & Annuity typically earns an average annual base salary of around $131,038, with a general range of $119,742 to $142,335.

4. Do employees with advanced degrees (Master's, PhD) earn more at Great-West Life & Annuity?

In many roles at Great-West Life & Annuity, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Columbus affect the perceived value of a Great-West Life & Annuity salary?

Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). This significantly impacts the purchasing power of a salary from Great-West Life & Annuity based there. Our "Cost of Living Insights for Columbus" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Great-West Life & Annuity typically offer employees?

Great-West Life & Annuity generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Great-West Life & Annuity" section on this page.