Operations Specialist
WM – Memphis, TN
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How much does an Annuity Operations Specialist make in Tennessee? As of September 01, 2026, the average salary for an Annuity Operations Specialist in Tennessee is $51,674 per year, which breaks down to an hourly rate of $25.
However, an Annuity Operations Specialist's salary can vary significantly. Here's a look at the typical salary range:
Annuity Operations Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $58,705 | $4,892 | $1,129 | $28 |
| Average | $51,674 | $4,306 | $994 | $25 |
| 25th Percentile | $45,882 | $3,823 | $882 | $22 |
An Annuity Operations Specialist'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 and company size can directly affect your earning potential.
Experience is a primary driver of an Annuity Operations Specialist'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Banking Operations Analyst I | less than 1 year | $43,924 |
| Annuity Operations Specialist | 1-2 years | $50,210 |
| Banking Operations Analyst III | 2-4 years | $60,015 |
| Banking Operations Supervisor | 5-8 years | $54,316 |
| Banking Operations Senior Supervisor | over 8 years | $67,114 |
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Annuity Operations Specialists. For example, consider the average annual salaries in these key locations:
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:
For Annuity Operations Specialist roles, the industry you choose can affect earning potential by as much as 80% (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 50% above the average. In contrast, Annuity Operations Specialist positions in Retail & Wholesale or Business Services typically offer lower base pay, as these industries often view Annuity Operations Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $77,512 | $37.0 | 50% |
| Edu., Gov't. & Nonprofit | $56,842 | $27.0 | 10% |
Understanding how an Annuity Operations Specialist'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $58,705 | $4,892 | $1,129 | $28 |
| Average | $51,674 | $4,306 | $994 | $25 |
| 25th Percentile | $45,882 | $3,823 | $882 | $22 |
Ready to take the next step in your career? Browse thousands of current Annuity Operations Specialist job openings on our job board. Use the search bar below to find your perfect match.
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