National » Management » Purchasing Managers » Agencies, Brokerages, and Other Insurance Related Activities

Purchasing Manager Salary in the Industry of Agencies, Brokerages, and Other Insurance Related Activities

The salary statistics and trend of purchasing managers in the industry of agencies, brokerages, and other insurance related activities are shown in the following tables and chart. In Table 3 we compare purchasing manager salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$94,650
25th Percentile Wage
$113,250
50th Percentile Wage
$139,110
75th Percentile Wage
$157,770
90th Percentile Wage
$171,880

Table 1 shows the average annual salaries for purchasing managers in the industry of agencies, brokerages, and other insurance related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) purchasing managers is $171,880. The median annual salary (50th percentile) is $139,110. The average annual salary for the bottom 10 percent purchasing managers is $94,650.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of purchasing managers in the industry of Agencies, Brokerages, and Other Insurance Related Activities from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2017.

YearMedian Salary Growth5-Year Growth
2017
$139,110
8.40% 8.40%
2016
$127,430
0.00% -
2012
$127,430
- -

Table 3. Compare Purchasing Manager Salary in Different Industries within the Finance and Insurance Sector

The average salaries of purchasing managers in 16 industries within the finance and insurance sector are shown in Table 3. Note that there is no salary data for some years between 2012 and 2017. For salary information of purchasing managers in a specific industry, use the links in the table.

Industry Median Annual Salary
Securities and Commodity Contracts Intermediation and Brokerage
$143,960
Nondepository Credit Intermediation
$143,520
Direct Insurance (except Life, Health, and Medical) Carriers
$139,430
Agencies, Brokerages, and Other Insurance Related Activities
$139,110
Activities Related to Credit Intermediation
$134,280
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$129,320
Credit Intermediation and Related Activities
$129,240
Other Nondepository Credit Intermediation
$128,320
Other Financial Investment Activities
$127,580
Securities and Commodity Exchanges
$126,870
Insurance Carriers and Related Activities
$126,420
Insurance Carriers
$125,500
Credit Intermediation and Related Activities
$124,410
Depository Credit Intermediation
$122,680
Direct Health and Medical Insurance Carriers
$119,170
Funds, Trusts, and Other Financial Vehicles
$114,630

Back to: Salary of purchasing managers in the industry sector of finance and insurance.