Training and Development Specialist Salary in Sector of Finance and Insurance

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

Average Annual Salary of Training and Development Specialists

Percentile BracketAverage Annual Salary
10th Percentile Wage
$38,890
25th Percentile Wage
$49,050
50th Percentile Wage
$63,230
75th Percentile Wage
$81,980
90th Percentile Wage
$102,510

Table 1 shows the average annual salary for training and development 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) training and development specialists is $102,510. The median annual salary (50th percentile) is $63,230. The average annual salary for the bottom 10 percent paid training and development specialists is $38,890.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$63,230
1.30% 10.93%
2016
$62,410
1.65% -
2015
$61,380
2.36% -
2014
$59,930
3.74% -
2013
$57,690
2.37% -
2012
$56,320
- -

Compare Training and Development Specialist Salary in Different Industries within the Finance and Insurance Sector

The average salaries of training and development 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 training and development specialist occupations is the monetary authorities-central bank industry with an annual salary $82,040. The lowest paying industry is the other insurance related activities industry (annual salary $59,870). For detailed training and development specialist salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Monetary Authorities-Central Bank
$82,040
Monetary Authorities-Central Bank
$82,040
Other Financial Investment Activities
$75,140
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$72,910
Insurance and Employee Benefit Funds
$71,990
Securities and Commodity Contracts Intermediation and Brokerage
$71,140
Funds, Trusts, and Other Financial Vehicles
$70,670
Securities and Commodity Exchanges
$67,760
Direct Insurance (except Life, Health, and Medical) Carriers
$67,330
Insurance Agencies and Brokerages
$64,700
Insurance Carriers
$64,370
Insurance Carriers and Related Activities
$63,820
Agencies, Brokerages, and Other Insurance Related Activities
$62,660
Nondepository Credit Intermediation
$62,580
Credit Intermediation and Related Activities
$61,500
Credit Intermediation and Related Activities
$61,140
Other Investment Pools and Funds
$61,000
Depository Credit Intermediation
$60,660
Direct Health and Medical Insurance Carriers
$60,640
Other Nondepository Credit Intermediation
$60,510
Activities Related to Credit Intermediation
$60,430
Other Insurance Related Activities
$59,870

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




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