Credit Analyst Salary in Sector of Finance and Insurance

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

Average Annual Salary of Credit Analysts

Percentile BracketAverage Annual Salary
10th Percentile Wage
$42,340
25th Percentile Wage
$54,350
50th Percentile Wage
$72,910
75th Percentile Wage
$101,500
90th Percentile Wage
$146,960

Table 1 shows the average annual salary for credit analysts 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) credit analysts is $146,960. The median annual salary (50th percentile) is $72,910. The average annual salary for the bottom 10 percent paid credit analysts is $42,340.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$72,910
1.98% 15.21%
2016
$71,470
0.17% -
2015
$71,350
4.13% -
2014
$68,400
5.03% -
2013
$64,960
4.83% -
2012
$61,820
- -

Compare Credit Analyst Salary in Different Industries within the Finance and Insurance Sector

The average salaries of credit analysts in 20 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 credit analyst occupations is the securities and commodity contracts intermediation and brokerage industry with an annual salary $105,300. The lowest paying industry is the other insurance related activities industry (annual salary $62,000). For detailed credit analyst salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Contracts Intermediation and Brokerage
$105,300
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$91,510
Monetary Authorities-Central Bank
$83,200
Monetary Authorities-Central Bank
$83,200
Direct Health and Medical Insurance Carriers
$81,060
Other Financial Investment Activities
$80,460
Insurance Carriers
$73,280
Other Nondepository Credit Intermediation
$73,110
Credit Intermediation and Related Activities
$71,680
Credit Intermediation and Related Activities
$71,370
Insurance Carriers and Related Activities
$71,010
Nondepository Credit Intermediation
$70,770
Direct Insurance (except Life, Health, and Medical) Carriers
$70,160
Depository Credit Intermediation
$69,940
Activities Related to Credit Intermediation
$69,470
Funds, Trusts, and Other Financial Vehicles
$69,040
Other Investment Pools and Funds
$67,020
Insurance Agencies and Brokerages
$63,800
Agencies, Brokerages, and Other Insurance Related Activities
$63,180
Other Insurance Related Activities
$62,000

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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