Where is Life's Answer located?

Life's Answer is headquartered in Minneapolis, Minnesota, but may have operations in other locations within the Insurance sector.

What does Life's Answer do?

According to the company's overview, Life's Answer is a company that operates in the Civic & Social Organization industry.

What industry is Life's Answer in?

Life's Answer operates in the Insurance industry.

Life's Answer Average Salary, Pay Ranges & Benefits

Life's Answer Salary

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Salary at Life's Answer

Current Job Openings at Life's Answer

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Is Life's Answer’s Pay Competitive? Salary Benchmarking Analysis

How does Life's Answer'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
Life Settlement Insights LLC	$99,320	-0.4%	Confirms Life Settlement Insights LLC is a direct competitor vying for the exact same talent pool.
401(k) Marketing	$98,012	-1.8%	Aligns perfectly with prevailing regional benchmarks for this specific job family.
Senior Health Insurance	$85,618	-14.2%	Senior Health Insurance operates with a leaner overhead structure, impacting base wage offers.
National Life And Accident Insurance	$81,515	-18.3%	Reflects market rates for standard general contracting, differing from specialized roles.
Insurance Industry	$123,858	+24.2%	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.

How Life's Answer's Salaries Compare to Similar Companies?

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

Life Settlement Insights LLC

$99,320 / year

Salary Range: $87,365 - $112,330

Saint Paul, MN

401(k) Marketing

$98,012 / year

Salary Range: $86,238 - $110,818

San Diego, CA

Senior Health Insurance

$85,618 / year

Salary Range: $75,333 - $96,807

Mountain Home, AR

National Life And Accident Insurance

$81,515 / year

Salary Range: $71,714 - $92,198

Natchez, MS

Housing/Student Life

$87,169 / year

Salary Range: $76,680 - $98,588

Thatcher, AZ

Thursday Night Life Group

$87,000 / year

Salary Range: $76,534 - $98,405

West Columbia, SC

American Family Life Assurance Co

$87,780 / year

Salary Range: $77,212 - $99,283

Boise, ID

American General Life

$87,654 / year

Salary Range: $77,111 - $99,136

Virginia Beach, VA

American General Life

$83,899 / year

Salary Range: $73,803 - $94,893

Harrisonburg, VA

Employee Reviews: Working at Life's Answer

Considering a career at Life's Answer? 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 company is well-structured, and processes are clearly defined. Colleagues are professional, though teamwork could improve. Flexible work options and strong benefits add to the appeal. Strong ethics and employee-focused policies.

Commented in May 24, 2025

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2

A solid choice for professionals. I’ve had a fulfilling experience working here. The company offers competitive benefits, a supportive team, and opportunities for growth. The company follows industry best practices, ensuring smooth operations. The insurance training programs are thorough, and career advancement is encouraged. The team is welcoming, and work-life balance is prioritized. It’s a grea...

Commented in July 30, 2024

36

2

Training programs are thorough, ensuring everyone is well-prepared for their roles. This insurance company excels in employee satisfaction. The company has a strong sense of community, and leadership ensures transparency in decision-making. Training programs are robust, ensuring employees stay updated on industry trends. The company culture is welcoming, and employee feedback is valued.

Commented in March 16, 2024

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3

What Benefits Does Life's Answer Offer Beyond Salary?

A competitive compensation package is more than just a salary. Life's Answer 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Life's Answer.

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Life's Answer, consider these typical monthly expenses:

Expense Category	Estimated Monthly Cost	Key Considerations / Notes
Housing (1-BR Apt Rent)	$1,400 - $2,100+	A significant portion of Life's Answer salary. Location choices impact this heavily.
Utilities (Basic)	$130 - $230 (Heating significant)	Electricity, Heating, Cooling, Water etc.
Public Transportation	$120 (Metro Transit monthly pass)	Essential for most commuters; car ownership is costly.
Groceries (Single Person)	$430 - $630	Can be higher with more dining out or specialty stores.
Personal & Leisure	$450 - $800+	Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual)	$390 - $720+	Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes)	$2,920 - $4,480+	This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Life's Answer

1. What is the estimated average total compensation at Life's Answer?

Salary.com estimates that the average total compensation package at Life's Answer, which can include base salary, potential bonuses, and benefits, is around $99,763 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Life's Answer pay compared to Life Settlement Insights LLC?

The average annual salary at Life's Answer is $99,763, or an hourly wage of $48, in comparison to Life Settlement Insights LLC which pays $99,320 per year or $48 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Life's Answer?

Salary progression from an entry-level to a senior role at Life's Answer can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Life's Answer in Minneapolis is fair given the local cost of living?

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

5. Are promotions at Life's Answer usually accompanied by a significant salary increase?

Yes, promotions at Life's Answer are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.