Salaries for Finance Professionals

Financial jobs offer some of the most highly paid positions in the broad economy. They encompass roles in banks, financial institutions, investment houses, brokerages, hedge funds, and insurance companies. Use the career salary tool to research salaries for finance professionals and jobs in the finance industry. Find out which positions are the most highly compensated, such as those in actuarial risk management and mutual fund administration.
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Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance...
Most have a bachelor's degree
Bill and Account Collectors
Locate and notify customers of delinquent accounts by mail, telephone, or personal visit to solicit payment. Duties include receiving payment and posting amount to customer's account; preparing statements to credit...
Most have a high school diploma or GED
Brokerage Clerks
Perform duties related to the purchase, sale or holding of securities. Duties include writing orders for stock purchases or sales, computing transfer taxes, verifying stock transactions, accepting and delivering...
Most have a bachelor's degree
Claims Adjusters, Examiners, and Investigators
Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures. Confer with legal counsel on claims requiring litigation. May also settle insurance claims.
Claims Examiners, Property and Casualty Insurance
Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with...
Most have a bachelor's degree
Credit Analysts
Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Most have a bachelor's degree
Credit Authorizers
Authorize credit charges against customers' accounts.
Most have a bachelor's degree
Credit Authorizers, Checkers, and Clerks
Authorize credit charges against customers' accounts. Investigate history and credit standing of individuals or business establishments applying for credit. May interview applicants to obtain personal and financial...
Credit Checkers
Investigate history and credit standing of individuals or business establishments applying for credit. Telephone or write to credit departments of business and service establishments to obtain information about...
Most have a high school diploma or GED
Energy Brokers
Buy or sell energy products on the behalf of residential or commercial customers or utilities. Negotiate and oversee contracts for energy sales.
Financial Analysts
Conduct quantitative analyses of information affecting investment programs of public or private institutions.
Most have a bachelor's degree
Financial Quantitative Analysts
Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create...
Fraud Examiners, Investigators and Analysts
Obtain evidence, take statements, produce reports, and testify to findings regarding resolution of fraud allegations. May coordinate fraud detection and prevention activities.
Most have a bachelor's degree
Insurance Adjusters, Examiners, and Investigators
Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview...
Most have a bachelor's degree
Insurance Appraisers, Auto Damage
Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with...
Most have a bachelor's degree
Insurance Claims and Policy Processing Clerks
Process new insurance policies, modifications to existing policies, and claims forms. Obtain information from policyholders to verify the accuracy and completeness of information on claims forms, applications and...
Insurance Claims Clerks
Obtain information from insured or designated persons for purpose of settling claim with insurance carrier.
Most have a high school diploma or GED
Insurance Policy Processing Clerks
Process applications for, changes to, reinstatement of, and cancellation of insurance policies. Duties include reviewing insurance applications to ensure that all questions have been answered, compiling data on...
Most have a high school diploma or GED
Insurance Sales Agents
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Most have a bachelor's degree
Insurance Underwriters
Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Most have a bachelor's degree
Investment Fund Managers
Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.
Investment Underwriters
Manage communications or negotiations between corporate issuers of securities and clients regarding private equity investments. Underwrite the issuance of securities to provide capital for client growth. Negotiate and...
Loan Interviewers and Clerks
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan...
Most have an associate's or 2-year degree
Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan...
Most have a bachelor's degree
Office Machine Operators, Except Computer
Operate one or more of a variety of office machines, such as photocopying, photographic, and duplicating machines, or other office machines.
Most have a high school diploma or GED
Personal Financial Advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance...
Most have a bachelor's degree
Proofreaders and Copy Markers
Read transcript or proof type setup to detect and mark for correction any grammatical, typographical, or compositional errors. Includes proofreaders of Braille.
Most have a bachelor's degree
Risk Management Specialists
Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
Most have a bachelor's degree
Sales Agents, Financial Services
Sell financial services, such as loan, tax, and securities counseling to customers of financial institutions and business establishments.
Most have a bachelor's degree
Sales Agents, Securities and Commodities
Buy and sell securities in investment and trading firms and develop and implement financial plans for individuals, businesses, and organizations.
Most have a bachelor's degree
Securities and Commodities Traders
Buy and sell securities and commodities to transfer debt, capital, or risk. Establish and negotiate unit prices and terms of sale.
Securities, Commodities, and Financial Services Sales Agents
Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market...
Tax Preparers
Prepare tax returns for individuals or small businesses.
Most have a high school diploma or GED
Tellers
Receive and pay out money. Keep records of money and negotiable instruments involved in a financial institution's various transactions.
Most have a high school diploma or GED
Title Examiners, Abstractors, and Searchers
Search real estate records, examine titles, or summarize pertinent legal or insurance documents or details for a variety of purposes. May compile lists of mortgages, contracts, and other instruments pertaining to titles...
Most have a high school diploma or GED
Jobs in the insurance and finance sector engage in developing and executing financial transactions. These might include the creation of financial instruments, sale of property, insurance against loss, change in financial asset ownership, debt activities, and the facilitation and brokerage of financial services. As a general service, financial professionals help pool risk, raise funds, leverage debt and credit, and purchase and/or liquidate property for consumers and corporate entities.

Although the financial sector took a huge hit during the recent financial crisis, employment prospects in the financial industry still remain strong. The unemployment rate (as of 2012) is still only 4.8%, which is well below the national average. Average earnings in the finance sector has been rising, and currently the average costs to employers for each employee is over $42/hour, when considering benefits and total compensation. The outlook is also relatively strong, as macroeconomic, global forces bring more consumers into the market for credit and financial goods, and as more complex financial instruments are more commonly used to mitigate risk.