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Buyers and Purchasing Agent Salary in the Industry of Insurance and Employee Benefit Funds

The salary statistics and trend of buyers and purchasing agents in the industry of insurance and employee benefit funds are shown in the following tables and chart. In Table 3 we compare buyers and purchasing agent salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$43,200
25th Percentile Wage
$51,940
50th Percentile Wage
$65,950
75th Percentile Wage
$82,670
90th Percentile Wage
$94,240

Table 1 shows the average annual salaries for buyers and purchasing agents in the industry of insurance and employee benefit funds. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) buyers and purchasing agents is $94,240. The median annual salary (50th percentile) is $65,950. The average annual salary for the bottom 10 percent buyers and purchasing agents is $43,200.

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

The average salaries of buyers and purchasing agents in six industries within the finance and insurance sector are shown in Table 3. We note that the salary of buyers and purchasing agents in the industry of insurance and employee benefit funds ($65,950) is in the middle range among all industries within the sector of finance and insurance. For salary information of buyers and purchasing agents in a specific industry, use the links in the table.

Industry Median Annual Salary
Other Financial Investment Activities
$73,090
Depository Credit Intermediation
$72,030
Activities Related to Credit Intermediation
$69,870
Insurance and Employee Benefit Funds
$65,950
Funds, Trusts, and Other Financial Vehicles
$62,760
Securities and Commodity Contracts Intermediation and Brokerage
$57,970

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