John Hancock Group Annuities Salary

As of May 2026, the average annual salary for employees at John Hancock Group Annuities in the United States is $104,805. This translates to an approximate hourly wage of $50. Salaries at John Hancock Group Annuities typically range from $92,194 to $118,561 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at John Hancock Group Annuities

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Is John Hancock Group Annuities’s Pay Competitive? Salary Benchmarking Analysis

How does John Hancock Group Annuities'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
American Public Life Insurance Co $84,194
-19.7%
American Public Life Insurance Co focuses strategically on recruiting and training entry-level apprentices.
pages Colony Charter Life Insurance Co $109,130
+4.1%
Supported by pages Colony Charter Life Insurance Co's high-margin contracts allowing higher overhead.
Life Insurance Quotes $87,780
-16.2%
Life Insurance Quotes may offer non-monetary perks in lieu of competitive base salaries.
NC Mutual Life Insurance Co $88,993
-15.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry $123,858
+18.2%
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 John Hancock Group Annuities

Considering a career at John Hancock Group Annuities? 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 work environment is collaborative, and the benefits, including wellness programs, are a big plus. Management communicates company updates regularly, though decision-making can sometimes take longer than expected. Benefits like health insurance and retirement plans are solid. I’ve had a very positive experience here. The leadership is transparent about company direction, making employees feel i...
The team is supportive, and management recognizes contributions. It’s a dependable place for those who value consistency in their job. The office environment is modern, and hybrid work options are available. The company offers great learning opportunities and encourages skill development.
The insurance training programs are excellent, and leadership is inspiring. The role is structured, and expectations are clear from the start. Leadership truly values employees. This company fosters a supportive culture where employees feel valued. The compensation is fair, and the company culture promotes inclusivity.
If you’re looking for growth in insurance, this is a great place to be. The workload is predictable, which can be good for those who prefer routine. The hybrid work model is a huge plus. It is dynamic, it’s a stable place to work. There’s a strong focus on professional development, with regular skill-building sessions. It’s a great place for those seeking stability and professional growth. The cu...
The insurance industry can be complex, but the training programs here are thorough, ensuring employees are well-prepared. It’s a great employer for anyone in the insurance sector. I’ve had the chance to work on meaningful projects that impact clients positively. The team is motivated, and leadership is visionary.

John Hancock Group Annuities Overview

Website
www.jhgroupannuities.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Insurance
Headquarter Address
410 University Ave Westwood Massachusetts MA 02090
Revenue
$10 Million - $50 Million
Phone Number
+1 6178321000
Social Media
About John Hancock Group Annuities
John Hancock Group Annuities has been administering group annuity contracts since 1937. We provide monthly retirement payments to more than 300,000 participants under several thousand group annuity contracts. Each contract we service is unique to the contract holder, based on the needs of John Hancock Group Annuities makes payments directly to the participants on behalf of the different group annu

What Benefits Does John Hancock Group Annuities Offer Beyond Salary?

A competitive compensation package is more than just a salary. John Hancock Group Annuities 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 Newton?

Understanding the cost of living near Newton is key to truly evaluating a salary offer or your current compensation at John Hancock Group Annuities.
Newton's Cost of Living Index is approximately 201.5 (101.5% more expensive than US average; 52.0% more than MA average). Affluent Boston suburb, excellent schools, extremely high housing costs. MBTA Green Line/bus. When planning your budget based on a salary from John Hancock Group Annuities, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,900 - $4,500+ A significant portion of John Hancock Group Annuities salary. Location choices impact this heavily.
Utilities (Basic) $190 - $300 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $530 - $820 Can be higher with more dining out or specialty stores.
Personal & Leisure $650 - $1,200+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $470 - $900+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,830 - $7,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of John Hancock Group Annuities

1. What is the typical salary range (low to high) for most roles at John Hancock Group Annuities?

The typical annual salary range for most roles at John Hancock Group Annuities is approximately from $92,194 to $118,561. 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. How much does John Hancock Group Annuities pay compared to American Public Life Insurance Co?

The average annual salary at John Hancock Group Annuities is $104,805, or an hourly wage of $50, in comparison to American Public Life Insurance Co which pays $84,194 per year or $40 per hour.

3. How does experience level affect salary at John Hancock Group Annuities?

Experience level is a significant factor in determining salary at John Hancock Group Annuities, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from John Hancock Group Annuities in Newton is fair given the local cost of living?

To determine if a salary offer from John Hancock Group Annuities in Newton is fair, first compare the gross salary to our data for similar roles at John Hancock Group Annuities and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Newton" to understand its purchasing power.

5. What are the key factors that influence salary levels at John Hancock Group Annuities?

Several key factors influence salary levels at John Hancock Group Annuities. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: John Hancock Group Annuities likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.