Merrill Lynch Life Variable Annuity Separate Account Salary

How much does the Merrill Lynch Life Variable Annuity Separate Account Pay for employees?

As of August 2026, the average annual salary for employees at Merrill Lynch Life Variable Annuity Separate Account in the United States is $95,080. This translates to an approximate hourly wage of $46. Salaries at Merrill Lynch Life Variable Annuity Separate Account typically range from $83,599 to $107,623 annually, reflecting the diverse roles and experience levels within the company. Merrill Lynch Life Variable Annuity 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 Merrill Lynch Life Variable Annuity Separate Account

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Is Merrill Lynch Life Variable Annuity Separate Account’s Pay Competitive? Salary Benchmarking Analysis

How does Merrill Lynch Life Variable Annuity Separate Account’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)
Merrill Lynch Life Variable Annuity Separate Account
Insurance
Imperial Life And Annuity Services LLC
Iowa Total Care
Industry Comparison
Our data shows that, on average, compensation at Merrill Lynch Life Variable Annuity Separate Account is below the average for the U.S. Insurance industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Merrill Lynch Life Variable Annuity Separate Account average annual salary with several similar companies. Merrill Lynch Life Variable Annuity Separate Account average salary of $95,080 is lower than Imperial Life And Annuity Services LLC, which has an average salary of $103,265. It is lower than Iowa Total Care, with their average salary at $96,514. This places Merrill Lynch Life Variable Annuity Separate Account in a developing position among its peers.
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Employee Reviews: Working at Merrill Lynch Life Variable Annuity Separate Account

Considering a career at Merrill Lynch Life Variable Annuity 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.
Employees are treated with respect, and there’s a strong sense of teamwork. The workplace is well-structured, and processes are clearly communicated. The work is challenging but rewarding, with clear career progression paths. Training is sufficient, and the company follows industry standards well. The insurance products are reliable, and client interactions are straightforward.
The company’s reputation in the insurance market is strong, and employees take pride in their work. The organization maintains a professional and structured work environment. The leadership team is approachable and genuinely listens to feedback. The company provides a balanced work environment with growth opportunities. The work-life balance is excellent, and the company offers flexible hours, whi...
The office has great amenities, including a wellness room and free snacks. The workplace culture is engaging, and employee recognition programs are motivating. The company culture here is one of the best I’ve experienced. Community engagement initiatives allow employees to give back, adding purpose beyond daily tasks. Leadership is supportive and provides opportunities for career advancement.

Merrill Lynch Life Variable Annuity Separate Account Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Insurance
Headquarter Address
4333 Edgewood Rd NE Cedar Rapids Iowa IA 52499
Revenue
$10 Million - $50 Million
Phone Number
+1 8005355549
Social Media
About Merrill Lynch Life Variable Annuity Separate Account
Merrill Lynch Life Variable Annuity Separate Account is a company that operates in the Insurance industry. It employs 101-250 people and has $25M-$50M of revenue. The company is headquartered in Cedar Rapids, Iowa.

What Benefits Does Merrill Lynch Life Variable Annuity Separate Account Offer Beyond Salary?

A competitive compensation package is more than just a salary. Merrill Lynch Life Variable Annuity 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 Cedar Rapids?

Understanding the cost of living near Cedar Rapids is key to truly evaluating a salary offer or your current compensation at Merrill Lynch Life Variable Annuity Separate Account.
Cedar Rapids' Cost of Living Index is approximately 82.5 (17.5% less expensive than US average; 8.2% less than IA average). Eastern IA city, affordable housing. CR Transit. When planning your budget based on a salary from Merrill Lynch Life Variable Annuity Separate Account, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $750 - $1,150+ A significant portion of Merrill Lynch Life Variable Annuity Separate Account salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CR Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,925 - $3,135+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Merrill Lynch Life Variable Annuity Separate Account

1. What is the average salary for employees at Merrill Lynch Life Variable Annuity Separate Account?

The average annual total compensation for employees at Merrill Lynch Life Variable Annuity Separate Account is approximately $95,080. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,599 to $107,623, depending on factors like job role, experience, and location.

2. How much does Merrill Lynch Life Variable Annuity Separate Account pay compared to Imperial Life And Annuity Services LLC?

The average annual salary at Merrill Lynch Life Variable Annuity Separate Account is $95,080, or an hourly wage of $46, in comparison to Imperial Life And Annuity Services LLC which pays $103,265 per year or $50 per hour.

3. How does having a professional certification impact salary for relevant roles at Merrill Lynch Life Variable Annuity 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 Merrill Lynch Life Variable Annuity Separate Account for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Merrill Lynch Life Variable Annuity Separate Account offer cost-of-living adjustments (COLA) for employees in high-cost areas like Cedar Rapids?

While some companies offer formal COLA, many, including potentially Merrill Lynch Life Variable Annuity 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 Merrill Lynch Life Variable Annuity Separate Account?

Most companies, likely including Merrill Lynch Life Variable Annuity 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.