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Purchasing Manager Salary in the Industry of Insurance Carriers

The salary statistics and trend of purchasing managers in the industry of insurance carriers are shown in the following tables and chart. In Table 3 we compare purchasing manager salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$77,040
25th Percentile Wage
$99,620
50th Percentile Wage
$125,500
75th Percentile Wage
$156,830
90th Percentile Wage
$195,780

Table 1 shows the average annual salaries for purchasing managers in the industry of insurance carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) purchasing managers is $195,780. The median annual salary (50th percentile) is $125,500. The average annual salary for the bottom 10 percent purchasing managers is $77,040.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of purchasing managers in the industry of Insurance Carriers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$125,500
4.55% 12.21%
2016
$119,790
3.21% -
2015
$115,940
3.17% -
2014
$112,260
-0.61% -
2013
$112,940
2.44% -
2012
$110,180
- -

Table 3. Compare Purchasing Manager Salary in Different Industries within the Finance and Insurance Sector




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