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Business Development Supervisor - Annuities Salary in the United States

How much does a Business Development Supervisor - Annuities make in the United States?

As of September 01, 2026, the average salary for a Business Development Supervisor - Annuities in the United States is $86,700 per year, which breaks down to an hourly rate of $42.

However, a Business Development Supervisor - Annuities's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $101,793
  • Majority Range (25th-75th percentile): $75,800 to $94,600
  • Entry-Level (10th percentile): $65,876

Key Factors That Influence Business Development Supervisor - Annuities Salaries

A Business Development Supervisor - Annuities's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Business Development Supervisor - Annuities Salaries?

Experience is a primary driver of a Business Development Supervisor - Annuities's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Annuity Policies Customer Support Representative (2-4 years): $56,365
  • Annuity Policies Customer Support Supervisor (4+ years): $78,030
  • Business Development Supervisor - Annuities (3-5 years): $86,670
  • Customer Satisfaction Director - Annuities (5+ years): $134,778
  • Business Development Director-Annuities (5+ years): $139,427
Job Role Years of Experience Average Salary
Annuity Policies Customer Support Representative2-4 years$56,365
Annuity Policies Customer Support Supervisor4+ years$78,030
Business Development Supervisor - Annuities3-5 years$86,670
Customer Satisfaction Director - Annuities5+ years$134,778
Business Development Director-Annuities5+ years$139,427

Top Paying Cities for Business Development Supervisor - Annuities

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $109,400
  • San Francisco: $108,200
  • Oakland: $105,900

What Skills Can Increase a Business Development Supervisor - Annuities's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 5.67% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Microsoft Office (Mentioned in 1.24% Job Postings): Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
  • Economics (Mentioned in 1.05% Job Postings): Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Skills Demand Percentage
Customer Service 5.67%
Microsoft Office 1.24%
Economics 1.05%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Business Development Supervisor - Annuities's salary.

  • Consulting Services: Can increase your salary by up to 17%.
  • Networking: Can increase your salary by up to 13%.
  • Microsoft Word: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Consulting Services $101,439
17%
Networking $97,971
13%
Microsoft Word $95,370
10%

Business Development Supervisor - Annuities Salary by Company Size: Startups vs. Enterprise

Business Development Supervisor - Annuities salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $93,402. While startup companies pay approximate $79,116.

Business Development Supervisor - Annuities Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $79,116
Growth Stage 51~500 $83,667
Established 501~5000 $90,208
Enterprise 5000+ $93,402

Business Development Supervisor - Annuities Salary by Industry: Top Paying Sectors

For Business Development Supervisor - Annuities roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 40% above the average. In contrast, Business Development Supervisor - Annuities positions in Business Services or Insurance typically offer lower base pay, as these industries often view Business Development Supervisor - Annuities as a support function rather than a direct revenue driver.

The top paying industries for a Business Development Supervisor - Annuities

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$121,380$58.040%
Edu., Gov't. & Nonprofit$91,035$44.05%

How Education impacts a Business Development Supervisor - Annuities's Salary?

Your level of education can impact your salary potential. While many Business Development Supervisor - Annuities enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Business Development Supervisor - Annuities with a Bachelor's Degree is between $68,521 and $72,891).

Business Development Supervisor - Annuities Salaries by Degree Level

Typical Education for Business Development Supervisor - Annuities
Degree Level % of user with this level of education
No Diploma 5.0%
High School 20.0%
Associates 5.0%
Bachelors 55.0%
Masters 15.0%
Doctorate 0.0%

Business Development Supervisor - Annuities Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Business Development Supervisor - Annuities's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$75,800
Average $86,700/year
$94,600
$6,317
Average $7,225/month
$7,883
$1,458
Average $1,667/week
$1,819
$36
Average $42/hour
$45
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $94,600 $7,883 $1,819 $45
Average $86,700 $7,225 $1,667 $42
25th Percentile $75,800 $6,317 $1,458 $36

Business Development Supervisor - Annuities Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As a Business Development Supervisor - Annuities, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Business Development Supervisor - Annuities Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Business Development Manager - Annuities $99,100 14%
Health Insurance Sales Manager $99,100 14%
Medicare Sales Manager $106,400 23%

Most common benefits for Business Development Supervisor - Annuities

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Business Development Supervisor - Annuities

Here are companies hiring for Business Development Supervisor - Annuities and their salaries, click below for more details.

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FAQ about Business Development Supervisor - Annuities

1. What industry pays the highest salary for Business Development Supervisor - Annuities?

The Financial Services industry offers the highest average compensation for Business Development Supervisor - Annuities roles, with salaries approximately 40% above the market median.

2. How much does Bank of America pay business development officers?

The estimated total pay range for a Business Development Team Leader - Annuities at Bank of America is approximately $65,400 to $84,000 per year, based on the salary data. This range reflects the base salary, with the mid-salary being around $71,900. Additional compensation may vary based on performance and other factors.

3. How much does a business development representative make in the US?

The salary for a Business Development Team Leader in the annuities sector ranges from a minimum of $65,400 to a maximum of $84,000, with a midpoint salary of $71,900. This reflects the competitive compensation in the industry, aligning with the responsibilities and expertise required for the role.

4. What is a team leader's salary?

The salary for a Business Development Team Leader in Annuities ranges from £65,400 to £84,000 per year, with a midpoint salary of £71,900. This reflects the competitive compensation for this role, emphasizing the importance of leadership in driving business growth within the annuities sector.

5. What is a good salary for a team lead?

A good salary for a Business Development Team Leader in Annuities typically ranges from $65,400 to $84,000, with a midpoint of $71,900. This range reflects the competitive nature of the role and the importance of experience and location in determining compensation.

6. Can you make a lot of money in business development?

Yes, you can earn a good salary in business development! For a Business Development Team Leader in Annuities, the salary ranges from $65,400 to $84,000, with a median of $71,900. Performance-based bonuses or commissions can further enhance earnings, making it a lucrative career for those who excel in the role.

7. What is the highest salary of team leader?

The highest salary that a Business Development Team Leader in Annuities can earn is ₹84,000 per year.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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