National » Management » Top Executives » Finance and Insurance

Top Executive Salary in Sector of Finance and Insurance

The salary statistics of top executives in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare top executive salaries in different industries within the finance and insurance sector.

Average Annual Salary of Top Executives

Percentile BracketAverage Annual Salary
10th Percentile Wage
$61,080
25th Percentile Wage
$88,470
50th Percentile Wage
$140,240
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 1 shows the average annual salary for top executives in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The median annual salary (50th percentile) is $140,240. The average annual salary of the 25th percentile is $88,470. The average annual salary for the bottom 10 percent paid top executives is $61,080.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of top executives in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$140,240
2.34% 6.90%
2016
$136,960
-0.91% -
2015
$138,210
1.73% -
2014
$135,820
0.58% -
2013
$135,030
3.30% -
2012
$130,570
- -

Compare Top Executive Salary in Different Industries within the Finance and Insurance Sector

The average salaries of top executives in 22 industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for top executive occupations is the monetary authorities-central bank industry with an annual salary $200,020. The lowest paying industry is the other investment pools and funds industry (annual salary $112,400). For detailed top executive salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Monetary Authorities-Central Bank
$200,020
Monetary Authorities-Central Bank
$200,020
Securities and Commodity Exchanges
$196,390
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$190,660
Other Financial Investment Activities
$186,240
Securities and Commodity Contracts Intermediation and Brokerage
$176,900
Insurance and Employee Benefit Funds
$162,610
Insurance Carriers
$148,290
Insurance Carriers and Related Activities
$145,540
Insurance Agencies and Brokerages
$144,260
Direct Insurance (except Life, Health, and Medical) Carriers
$144,200
Agencies, Brokerages, and Other Insurance Related Activities
$142,630
Other Insurance Related Activities
$140,290
Direct Health and Medical Insurance Carriers
$138,470
Activities Related to Credit Intermediation
$125,040
Nondepository Credit Intermediation
$124,430
Funds, Trusts, and Other Financial Vehicles
$122,950
Credit Intermediation and Related Activities
$117,210
Credit Intermediation and Related Activities
$115,440
Other Nondepository Credit Intermediation
$115,100
Depository Credit Intermediation
$112,440
Other Investment Pools and Funds
$112,400

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




Related:

Highest paying industries for top executives.