Group Variable Annuity Series I Separate Account Salary

Group Variable Annuity Series I Separate Account Salary

How much does the Group Variable Annuity Series I Separate Account Pay for employees?

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As of August 2026, the average hourly salary for employees at Group Variable Annuity Series I Separate Account in the United States is $50. This translates to an approximate annual wage of $103,086. Salaries at Group Variable Annuity Series I Separate Account typically range from $44 to $56 hourly, reflecting the diverse roles and experience levels within the company. Group Variable Annuity Series I Separate Account’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Group Variable Annuity Series I Separate Account

Ready for your next career move? Explore current job openings at Group Variable Annuity Series I Separate Account. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Group Variable Annuity Series I Separate Account’s Pay Competitive? Salary Benchmarking Analysis

How does Group Variable Annuity Series I Separate Account’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Group Variable Annuity Series I Separate Account
Insurance
American Family Life Assurance Company of Columbus
West Annuity Life Insrn
Industry Comparison
Our data shows that, on average, compensation at Group Variable Annuity Series I Separate Account is below the average for the U.S. Insurance industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Group Variable Annuity Series I Separate Account average annual salary with several similar companies. Group Variable Annuity Series I Separate Account average salary of $103,086 is higher than American Family Life Assurance Company of Columbus, which has an average salary of $102,643. It is higher than West Annuity Life Insrn, with their average salary at $94,299. This places Group Variable Annuity Series I Separate Account in a competitive position among its peers.
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Companies Similar to Group Variable Annuity Series I Separate Account and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Group Variable Annuity Series I Separate Account. Click a company name to learn more.

Employee Reviews: Working at Group Variable Annuity Series I Separate Account

Considering a career at Group Variable Annuity Series I Separate Account? 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.
It’s a good place for those who prefer a steady, low-drama workplace. Strong training programs and career growth opportunities. Enjoy the daily challenges. Leadership is approachable, and the company values employee feedback. The office is modern, and remote work options are available occasionally.
Commented in March 22, 2025
46
0
The company maintains a professional and structured environment. The company also promotes diversity and inclusion, making it a welcoming place for all. The insurance products are strong, and client interactions are fulfilling. Standard insurance industry perks. I appreciate the company’s focus on employee well-being and career growth.
Commented in February 07, 2025
14
3
The benefits package is competitive, and work-life balance is respected. The benefits package is robust, including wellness programs and retirement plans. Benefits like wellness programs and 401(k) matching stand out. While innovation is gradual, the focus on reliability is a strength.
Commented in September 02, 2024
35
3
The company also offers good health benefits and performance incentives. New tools and training are regularly introduced. The company also invests in technology, making workflows efficient. Compensation is fair, with performance bonuses and annual raises. Competitive pay and good benefits. Team dynamics are strong, and management encourages innovation. It’s a forward-thinking employer that values ...
Commented in July 06, 2024
27
2
The work environment is dynamic, and colleagues are supportive. Office setup is functional but not flashy. Work feels meaningful here. Benefits meet industry standards, and workloads are manageable.
Commented in January 12, 2024
27
0

Group Variable Annuity Series I Separate Account Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
1299 Zurich Way Schaumburg Illinois IL 60196
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Group Variable Annuity Series I Separate Account
Group Variable Annuity Series I Separate Account is a company that operates in the Insurance industry. It employs 101-250 people and has $10M-$25M of revenue. The company is headquartered in Schaumburg, Illinois.

What Benefits Does Group Variable Annuity Series I Separate Account Offer Beyond Salary?

A competitive compensation package is more than just a salary. Group Variable Annuity Series I Separate Account 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Group Variable Annuity Series I Separate Account.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Group Variable Annuity Series I Separate Account, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Group Variable Annuity Series I Separate Account salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Group Variable Annuity Series I Separate Account

1. What is the average salary for employees at Group Variable Annuity Series I Separate Account?

The average total compensation for employees at Group Variable Annuity Series I Separate Account is approximately $50 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $44 to $56 per hour, depending on factors like job role, experience, and location.

2. How much does Group Variable Annuity Series I Separate Account pay compared to American Family Life Assurance Company of Columbus?

The average annual salary at Group Variable Annuity Series I Separate Account is $103,086, or an hourly wage of $50, in comparison to American Family Life Assurance Company of Columbus which pays $102,643 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at Group Variable Annuity Series I Separate Account?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Group Variable Annuity Series I Separate Account for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Group Variable Annuity Series I Separate Account offer cost-of-living adjustments (COLA) for employees in high-cost areas like Schaumburg?

While some companies offer formal COLA, many, including potentially Group Variable Annuity Series I Separate Account, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

5. What's the typical process for salary reviews and raises at Group Variable Annuity Series I Separate Account?

Most companies, likely including Group Variable Annuity Series I Separate Account, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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