The salary statistics and trend of loan officers in the industry of insurance carriers are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $35,060 |
| 25th Percentile Wage | $46,950 |
| 50th Percentile Wage | $63,370 |
| 75th Percentile Wage | $88,130 |
| 90th Percentile Wage | $126,310 |
Table 1 shows the average annual salaries for loan officers in the industry of insurance carriers. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) loan officers is $126,310. The median annual salary (50th percentile) is $63,370. The average annual salary for the bottom 10 percent loan officers is $35,060.
The table and chart below show the trend of the median salary of loan officers in the industry of Insurance Carriers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $63,370 | 5.44% | 2.54% |
| 2016 | $59,920 | 5.22% | - |
| 2015 | $56,790 | -1.81% | - |
| 2014 | $57,820 | -9.44% | - |
| 2013 | $63,280 | 2.40% | - |
| 2012 | $61,760 | - | - |
The average salaries of loan officers in 19 industries within the finance and insurance sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
Back to: Salary of loan officers in the industry sector of finance and insurance.