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How much does a Finance & Insurance Manager make?

As of March 01, 2025, the average annual salary for a Finance & Insurance Manager in the United States is $92,614. Salary.com reports that pay typically ranges from $74,036 to $106,355, with most professionals earning between $57,123 and $118,866.

Finance & Insurance Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $106,355 $8,863 $2,045 $51
Average $92,614 $7,718 $1,781 $45
25th Percentile $74,036 $6,170 $1,424 $36

Average Salary

25% $74,036 10% $57,123 90% $118,866 75% $106,355 $92,614 50%(Median) Didn’t find job title? Click
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How much does a Finance & Insurance Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Finance & Insurance Manager salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Finance & Insurance Manager hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Finance & Insurance Manager's Salary?

An entry-level Finance & Insurance Manager with less than 1 year of experience earns about $84,820. With 1-2 years of experience, the average salary increases to $85,643. For 2-4 years of experience, the pay typically rises to $88,385. Senior-level professionals with 5-8 years of experience earn around $91,677, and those with over 8 years of experience can expect an average of $95,130.

Levels Salary
Entry Level Finance & Insurance Manager $84,820
Intermediate Level Finance & Insurance Manager $85,643
Senior Level Finance & Insurance Manager $88,385
Specialist Level Finance & Insurance Manager $91,677
Expert Level Finance & Insurance Manager $95,130
$84,820 0 yr
$85,643 < 2 yrs
$88,385 2-4 yrs
$91,677 5-8 yrs
$95,130 > 8 yrs
Last Updated on March 01, 2025
Entry Level 8%
Mid Level 8%
Senior Level 5%
Top Level 1%
Experienced 3%
View as graph
Last Updated on March 01, 2025

How much does salary of Finance & Insurance Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Finance & Insurance Manager is $115,767.
  • In New York, NY, the average annual salary is $108,173.
  • In Boston, MA, a Finance & Insurance Manager earns $103,820 per year.

What is the salary trend of Finance & Insurance Manager?

As of March 01, 2025, our research reveals a significant shift in Finance & Insurance Manager compensation over the past six years. For example, the median salary increased from $103,336 in 2023 to approximately $103,857 in 2024. (For a detailed analysis of Finance & Insurance Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Finance & Insurance Manager Over Time

2020
$???
2021
$???
2022
$???
$103,336
2023
$103,857
2024
$102,214
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$103,336
2024
$103,857
2025
$102,214
2026
$???
Last Updated on March 01, 2025

Finance & Insurance Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $103,336
2024 $103,857
2025 $102,214
2026 View More
Last Updated on March 01, 2025

Job Openings of Finance & Insurance Manager

Salary.com job board provides millions of Finance & Insurance Manager information for you to search for. Click on search button below to see Finance & Insurance Manager job openings or enter a new job title here.

Most Common Benefits for Finance & Insurance Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 66.1%
Bonuses 7.0%
Social Security 5.6%
401k/403b 3.4%
Disability 0.6%
Healthcare 4.3%
Pension 4.0%
Time Off 9.0%
Core Compensation
Core Compensation Median % of Total
Base Salary $92,614 66.1%
Bonus $9,742 7.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,830 5.6%
401K/403B $4,811 3.4%
Disability $819 0.6%
Healthcare $6,056 4.3%
Pension $5,630 4.0%
Time Off $12,598 9.0%
Total Compensation $140,098 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Finance & Insurance Manager with different levels of education?

Salaries for Finance & Insurance Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Finance & Insurance Manager with a Associate's Degree is $82,626 - $92,692. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Finance & Insurance Manager Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Finance & Insurance Manager
Degree Level % of user with this level of education
No Diploma 0.9%
High School 26.2%
Associates 11.8%
Bachelors 45.0%
Masters 16.2%
Typical Education for Finance & Insurance Manager
No Diploma 0.9%
High School 26.2%
Associates 11.8%
Bachelors 45.0%
Masters 16.2%
view as table

Finance & Insurance Manager Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Finance & Insurance Manager

1. What is the average salary of a Finance & Insurance Manager?

The average annual salary of Finance & Insurance Manager is $92,614. In case you are finding an easy salary calculator, the average hourly pay of Finance & Insurance Manager is $45; the average weekly pay of Finance & Insurance Manager is $1,781; the average monthly pay of Finance & Insurance Manager is $7,718.

2. Where can a Finance & Insurance Manager earn the most?

A Finance & Insurance Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Finance & Insurance Manager earns the most in San Jose, CA, where the annual salary of a Finance & Insurance Manager is $116,230.

3. What is the highest pay for Finance & Insurance Manager?

The highest pay for Finance & Insurance Manager is $118,866.

4. What is the lowest pay for Finance & Insurance Manager?

The lowest pay for Finance & Insurance Manager is $57,123.

5. What are the responsibilities of Finance & Insurance Manager?

Finance & Insurance Manager offers finance or insurance options to clients through established relationships with lenders/providers. Explains offerings and recommends products to meet the needs of the client. Being a Finance & Insurance Manager negotiates contract terms and rates to meet the goals of the organization. Ensures applications and paperwork are completed correctly and in a timely manner. Additionally, Finance & Insurance Manager may Require a bachelor's degree. Typically reports to a head of a unit/department. The Finance & Insurance Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Finance & Insurance Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.

6. What are the skills of Finance & Insurance Manager

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Sales Training: Designing, delivering, supporting, assessing, and improving training sessions related to sales techniques to help salesperson grow sales skill.

3.)

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Finance & Insurance Manager is $92,614 per year in the United States, updated at March 01, 2025.
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