Life Group Annuity Inc Salary

How much does the Life Group Annuity Inc Pay for employees?

As of August 2026, the average annual salary for employees at Life Group Annuity Inc in the United States is $113,317. This translates to an approximate hourly wage of $54. Salaries at Life Group Annuity Inc typically range from $99,580 to $128,353 annually, reflecting the diverse roles and experience levels within the company. Life Group Annuity Inc’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 Life Group Annuity Inc

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Is Life Group Annuity Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Life Group Annuity Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Life Group Annuity Inc
Insurance
Federal Motor Carrier Safety Administration
Altig
Industry Comparison
Our data shows that, on average, compensation at Life Group Annuity Inc is below the average for the U.S. Insurance industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Life Group Annuity Inc average annual salary with several similar companies. Life Group Annuity Inc average salary of $113,317 is lower than Federal Motor Carrier Safety Administration, which has an average salary of $116,692. It is lower than Altig, with their average salary at $118,802. This places Life Group Annuity Inc in a developing position among its peers.
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Employee Reviews: Working at Life Group Annuity Inc

Considering a career at Life Group Annuity Inc? 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.
A top choice for insurance professionals. It is dynamic, it’s a stable place to work. Overall, it’s a fantastic place to grow in the insurance industry. It’s a reliable employer for those who prefer structured roles. I enjoy working here due to the collaborative culture and strong leadership.
The company operates with a focus on compliance and efficiency. The office culture is collaborative, and management is approachable. Training is provided, but additional specialized courses could enhance skill development. The workload is manageable, and flexible work options are a plus. The office culture is positive, and flexible arrangements are available. It’s a company that truly cares about ...
Career growth is encouraged through mentorship programs. The training programs are excellent, helping employees stay ahead in the industry. The benefits, including health coverage and performance bonuses, are impressive. The work environment is collaborative, and the benefits, including wellness programs, are a big plus.

Life Group Annuity Inc Overview

Website
Data pending, update soon.
Founded In
1980
Employees
500 - 1,000 employees
Industry
Insurance
Headquarter Address
1245 Waukegan Rd Glenview Illinois IL 60025
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Life Group Annuity Inc
Life Group Annuity Inc is a company that operates in the Insurance industry. It employs 501-1,000 people and has $50M-$100M of revenue. The company is headquartered in Glenview, Illinois.

What Benefits Does Life Group Annuity Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Life Group Annuity Inc 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Life Group Annuity Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Life Group Annuity Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Life Group Annuity Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Life Group Annuity Inc

1. What is the typical salary range (low to high) for most roles at Life Group Annuity Inc?

The typical annual salary range for most roles at Life Group Annuity Inc is approximately from $99,580 to $128,353. 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 Life Group Annuity Inc pay compared to Federal Motor Carrier Safety Administration?

The average annual salary at Life Group Annuity Inc is $113,317, or an hourly wage of $54, in comparison to Federal Motor Carrier Safety Administration which pays $116,692 per year or $56 per hour.

3. How does experience level affect salary at Life Group Annuity Inc?

Experience level is a significant factor in determining salary at Life Group Annuity Inc, 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 Life Group Annuity Inc in Chicago is fair given the local cost of living?

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

5. Are the salaries listed for Life Group Annuity Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Life Group Annuity Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.