There is more than meets the eye when it comes to being a finance and insurance manager. For example, did you know that they make an average of $44.01 an hour? That's $91,531 a year!
Between 2018 and 2028, the career is expected to grow 16% and produce 104,700 job opportunities across the U.S.
There are certain skills that many finance and insurance managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and leadership skills.
When it comes to the most important skills required to be a finance and insurance manager, we found that a lot of resumes listed 14.7% of finance and insurance managers included customer service, while 8.7% of resumes included insurance products, and 8.5% of resumes included sales goals. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the finance and insurance manager job title. But what industry to start with? Most finance and insurance managers actually find jobs in the professional and automotive industries.
If you're interested in becoming a finance and insurance manager, one of the first things to consider is how much education you need. We've determined that 53.8% of finance and insurance managers have a bachelor's degree. In terms of higher education levels, we found that 9.1% of finance and insurance managers have master's degrees. Even though most finance and insurance managers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a finance and insurance manager. When we researched the most common majors for a finance and insurance manager, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on finance and insurance manager resumes include high school diploma degrees or master's degree degrees.
You may find that experience in other jobs will help you become a finance and insurance manager. In fact, many finance and insurance manager jobs require experience in a role such as sales manager. Meanwhile, many finance and insurance managers also have previous career experience in roles such as sales consultant or sales associate.