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Life Group Annuity Inc Salary

Life Group Annuity Inc Salary

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As of August 2026, the average hourly salary for employees at Life Group Annuity Inc in the United States is $54. This translates to an approximate annual wage of $113,317. Salaries at Life Group Annuity Inc typically range from $48 to $62 hourly, reflecting the diverse roles and experience levels within the company.
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Is Life Group Annuity Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Life Group Annuity Inc'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
Federal Motor Carrier Safety Administration $56
+3.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Altig $57
+4.8%
Supported by Altig's high-margin contracts allowing higher overhead.
Trillium VARIABLE ANNUITY ACCOUNT $52
-4.0%
Trillium VARIABLE ANNUITY ACCOUNT may offer non-monetary perks in lieu of competitive base salaries.
United States Life Insurance Company in the City of New $62
+14.5%
Data suggests United States Life Insurance Company in the City of New's workforce skews heavily towards veteran, high-tenure roles.
Insurance Industry $60
+9.3%
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.

Companies Similar to Life Group Annuity Inc and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Life Group Annuity Inc. Click a company name to learn more.

Employee Reviews: Working at Life Group Annuity Inc

Considering a career at Life Group Annuity Inc? 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.
A top choice for insurance professionals. It is dynamic, it’s a stable place to work. Overall, it’s a fantastic place to grow in the insurance industry. It’s a reliable employer for those who prefer structured roles. I enjoy working here due to the collaborative culture and strong leadership.
Commented in March 30, 2025
22
1
The company operates with a focus on compliance and efficiency. The office culture is collaborative, and management is approachable. Training is provided, but additional specialized courses could enhance skill development. The workload is manageable, and flexible work options are a plus. The office culture is positive, and flexible arrangements are available. It’s a company that truly cares about ...
Commented in May 08, 2024
42
0
Career growth is encouraged through mentorship programs. The training programs are excellent, helping employees stay ahead in the industry. The benefits, including health coverage and performance bonuses, are impressive. The work environment is collaborative, and the benefits, including wellness programs, are a big plus.
Commented in March 29, 2024
22
0

Life Group Annuity Inc Overview

Website
Data pending, update soon.
Founded In
1980
Employees
500 - 1,000 employees
Industry
Insurance
Headquarter Address
1245 Waukegan Rd Glenview Illinois IL 60025
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Life Group Annuity Inc
Life Group Annuity Inc is a company that operates in the Insurance industry. It employs 501-1,000 people and has $50M-$100M of revenue. The company is headquartered in Glenview, Illinois.

What Benefits Does Life Group Annuity Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Life Group Annuity Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Life Group Annuity Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Life Group Annuity Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Life Group Annuity Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Life Group Annuity Inc

1. How much does Life Group Annuity Inc in the United States pay?

Life Group Annuity Inc pays its employees an average of $54 per hour. The average salary at Life Group Annuity Inc range from $48 to $62 per hour. 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. Do Life Group Annuity Inc employees get a higher salary than its peer company?

The salary at Life Group Annuity Inc is lesser than its peer company. The average annual salary at Life Group Annuity Inc is $113,317, or an hourly wage of $54, in comparison to Federal Motor Carrier Safety Administration which pays $116,692 per year or $56 per hour.

3. How much does salary increase with years of experience at Life Group Annuity Inc?

Salary progression with years of experience at Life Group Annuity Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Life Group Annuity Inc vary by office location?

Yes, it's very likely that salaries at Life Group Annuity Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Life Group Annuity Inc offer good benefits?

Life Group Annuity Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Life Group Annuity Inc" section on this page.

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