How much does an Annuities Representative (New Business) make in the United States? The average Annuities Representative (New Business) salary in the United States is $46,831 as of January 26, 2024, but the range typically falls between $41,794 and $51,671. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Annuities Representative (New Business) Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Annuities Representative (New Business) Salary $37,207 US January 26, 2024
25th Percentile Annuities Representative (New Business) Salary $41,794 US January 26, 2024
50th Percentile Annuities Representative (New Business) Salary $46,831 US January 26, 2024
75th Percentile Annuities Representative (New Business) Salary $51,671 US January 26, 2024
90th Percentile Annuities Representative (New Business) Salary $56,077 US January 26, 2024
25% $41,794 10% $37,207 90% $56,077 75% $51,671 $46,831 50%(Median) Didn’t find job title? Click
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Check out Annuities Representative (New Business) jobs in Ashburn, Virginia

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What skills does an Annuities Representative (New Business) need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: 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.

2.

Inside Sales: Selling products or services remotely via phone, email, and other digital channels.

3.

B2B: B2B (business-to-business), a type of electronic commerce (e-commerce), is the exchange of products, services or information between businesses, rather than between businesses and consumers (B2C).

Customer Service 5.84%
Inside Sales 2.35%
B2B 3.29%
Others 88.52%

Job Description for Annuities Representative (New Business)

Annuities Representative (New Business) is responsible for the annuities application process. Assists applicants and checks forms for completeness and accuracy. Being an Annuities Representative (New Business) ensures compliance with all regulations and keeps abreast of any changes to laws and regulations which pertain to annuities applications. Reviews all fund transfers such as tax-free fund transfers, direct transfers and direct rollovers for completeness and compliance. Additionally, Annuities Representative (New Business) is responsible for responding to inquiries from clients, agents, financial institutions and internal departments. May require a bachelor's degree or its equivalent. Typically reports to a supervisor or manager. Requires National Association of Securities Dealers (NASD) license. The Annuities Representative (New Business) works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Annuities Representative (New Business) typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Annuities Representative (New Business)

Career Path for Annuities Representative (New Business)

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Annuities Representative (New Business), the upper level is Annuities Customer Service Representative and then progresses to Annuities Customer Service Supervisor.

Those that have already made the climb...
John D. Rainey, Former Chief Financial Officer and EVP, Global Customer Operations
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consu... More
Fiscal Year Ended in 2022
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Annuities Representative (New Business) salary varies from city to city. Compared with national average salary of Annuities Representative (New Business), the highest Annuities Representative (New Business) salary is in San Francisco, CA, where the Annuities Representative (New Business) salary is 25.0% above. The lowest Annuities Representative (New Business) salary is in Miami, FL, where the Annuities Representative (New Business) salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an Annuities Representative (New Business), base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
41794
51671
46831

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44480
55043
49912
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Annuities Representative (New Business) in the United States. The base salary for Annuities Representative (New Business) ranges from $41,794 to $51,671 with the average base salary of $46,831. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,480 to $55,043 with the average total cash compensation of $49,912.
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For a real-time salary target, tell us more about your role in the four categories below.

41794
51671

 

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Skills associated with Annuities Representative (New Business): Customer Onboarding, Customer Support, Regulatory Compliance, Insurance Operations ...More

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