The salary statistics of sales managers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare sales manager salaries in different industries within the finance and insurance sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for sales managers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The median annual salary (50th percentile) is $151,030. The average annual salary of the 25th percentile is $101,470. The average annual salary for the bottom 10 percent paid sales managers is $70,450.
The following table and chart show the trend of the median salary of sales managers in the industry sector of finance and insurance from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of sales managers in 18 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 sales manager occupations is the securities, commodity contracts, and other financial investments and related activities industry with an annual salary $202,080. The lowest paying industry is the insurance and employee benefit funds industry (annual salary $125,610). For detailed sales manager salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities|| |
|Other Financial Investment Activities|| |
|Securities and Commodity Contracts Intermediation and Brokerage|| |
|Funds, Trusts, and Other Financial Vehicles|| |
|Securities and Commodity Exchanges|| |
|Depository Credit Intermediation|| |
|Other Insurance Related Activities|| |
|Agencies, Brokerages, and Other Insurance Related Activities|| |
|Insurance Agencies and Brokerages|| |
|Credit Intermediation and Related Activities|| |
|Insurance Carriers and Related Activities|| |
|Nondepository Credit Intermediation|| |
|Other Investment Pools and Funds|| |
|Insurance Carriers|| |
|Activities Related to Credit Intermediation|| |
|Other Nondepository Credit Intermediation|| |
|Direct Insurance (except Life, Health, and Medical) Carriers|| |
|Insurance and Employee Benefit Funds|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 .