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The differences between assurance managers and branch managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an assurance manager and a branch manager. Additionally, an assurance manager has an average salary of $80,075, which is higher than the $56,291 average annual salary of a branch manager.
The top three skills for an assurance manager include client service, internal controls and business development. The most important skills for a branch manager are customer satisfaction, business development, and branch management.
| Assurance Manager | Branch Manager | |
| Yearly salary | $80,075 | $56,291 |
| Hourly rate | $38.50 | $27.06 |
| Growth rate | 17% | 17% |
| Number of jobs | 78,670 | 333,883 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
An assurance manager is in charge of overseeing the quality assurance procedures in a manufacturing facility. Among their responsibilities include supervising quality assurance teams, setting goals and guidelines, managing budgets and schedules, gathering and analyzing data, producing progress reports, liaising with internal and external parties, and addressing issues and concerns, resolving them in a timely and efficient manner. Moreover, as a manager, it is essential to lead and encourage the staff to reach goals while implementing the company's policies and regulations.
Branch managers oversee the company's field office. This position is usually present in industries such as banking and food service. Branch managers are responsible for all aspects of the branch operations, including, but not limited to, finances, marketing, quality control, and human resources. They ensure that the goals of the branch are met in the most efficient way possible. They balance the needs of both the organization and the employees in the department. Branch managers are also expected to have a hand in training the employees to be useful members of the organization.
Assurance managers and branch managers have different pay scales, as shown below.
| Assurance Manager | Branch Manager | |
| Average salary | $80,075 | $56,291 |
| Salary range | Between $55,000 And $115,000 | Between $39,000 And $80,000 |
| Highest paying City | San Francisco, CA | Oakland, CA |
| Highest paying state | California | Alaska |
| Best paying company | Meta | FNB |
| Best paying industry | Technology | Professional |
There are a few differences between an assurance manager and a branch manager in terms of educational background:
| Assurance Manager | Branch Manager | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 65% |
| Most common major | Accounting | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between assurance managers' and branch managers' demographics:
| Assurance Manager | Branch Manager | |
| Average age | 46 | 46 |
| Gender ratio | Male, 70.6% Female, 29.4% | Male, 59.8% Female, 40.2% |
| Race ratio | Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.3% Asian, 10.0% White, 63.8% American Indian and Alaska Native, 0.3% | Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.4% Asian, 7.8% White, 64.3% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |