Business Operations Specialist Salary in Sector of Finance and Insurance

The salary statistics of business operations specialists in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare business operations specialist salaries in different industries within the finance and insurance sector.

Average Annual Salary of Business Operations Specialists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$40,600
25th Percentile Wage
$51,660
50th Percentile Wage
$68,030
75th Percentile Wage
$89,230
90th Percentile Wage
$114,430

Table 1 shows the average annual salary for business operations specialists in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) business operations specialists is $114,430. The median annual salary (50th percentile) is $68,030. The average annual salary for the bottom 10 percent paid business operations specialists is $40,600.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$68,030
1.62% 8.72%
2016
$66,930
1.63% -
2015
$65,840
1.59% -
2014
$64,790
2.16% -
2013
$63,390
2.04% -
2012
$62,100
- -

Compare Business Operations Specialist Salary in Different Industries within the Finance and Insurance Sector

The average salaries of business operations specialists 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 business operations specialist occupations is the monetary authorities-central bank industry with an annual salary $86,600. The lowest paying industry is the other insurance related activities industry (annual salary $62,020). For detailed business operations specialist salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Monetary Authorities-Central Bank
$86,600
Monetary Authorities-Central Bank
$86,600
Securities and Commodity Contracts Intermediation and Brokerage
$81,560
Securities and Commodity Exchanges
$81,380
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$80,570
Other Financial Investment Activities
$76,900
Nondepository Credit Intermediation
$75,410
Other Investment Pools and Funds
$73,010
Credit Intermediation and Related Activities
$71,360
Activities Related to Credit Intermediation
$71,280
Funds, Trusts, and Other Financial Vehicles
$71,100
Other Nondepository Credit Intermediation
$70,940
Insurance and Employee Benefit Funds
$70,420
Credit Intermediation and Related Activities
$69,760
Depository Credit Intermediation
$69,100
Direct Health and Medical Insurance Carriers
$67,600
Insurance Carriers
$67,130
Direct Insurance (except Life, Health, and Medical) Carriers
$66,340
Insurance Agencies and Brokerages
$65,850
Insurance Carriers and Related Activities
$65,750
Agencies, Brokerages, and Other Insurance Related Activities
$63,440
Other Insurance Related Activities
$62,020

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 business operations specialists.