There is more than meets the eye when it comes to being a risk and insurance consultant. For example, did you know that they make an average of $40.58 an hour? That's $84,407 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many risk and insurance consultants 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 interpersonal skills, time-management skills and problem-solving skills.
When it comes to the most important skills required to be a risk and insurance consultant, we found that a lot of resumes listed 6.3% of risk and insurance consultants included financial services, while 6.2% of resumes included risk assessments, and 5.6% of resumes included portfolio. 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 risk and insurance consultant job title. But what industry to start with? Most risk and insurance consultants actually find jobs in the finance and professional industries.
If you're interested in becoming a risk and insurance consultant, one of the first things to consider is how much education you need. We've determined that 41.5% of risk and insurance consultants have a bachelor's degree. In terms of higher education levels, we found that 38.5% of risk and insurance consultants have master's degrees. Even though most risk and insurance consultants 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 risk and insurance consultant. When we researched the most common majors for a risk and insurance consultant, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on risk and insurance consultant resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a risk and insurance consultant. In fact, many risk and insurance consultant jobs require experience in a role such as consultant. Meanwhile, many risk and insurance consultants also have previous career experience in roles such as vice president or internship.
Tell us your goals and we'll match you with the right jobs to get there.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of consultant you might progress to a role such as manager eventually. Later on in your career, you could end up with the title senior manager.
Tell us your goals and we'll match you with the rights job to get there.
Use Zippia's Salary Calculator to see how your pay matches up.
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The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 6.3% of risk and insurance consultants listed financial services on their resume, but soft skills such as interpersonal skills and time-management skills are important as well.
Some places are better than others when it comes to starting a career as a risk and insurance consultant. The best states for people in this position are Oklahoma, Virginia, Massachusetts, and Georgia. Risk and insurance consultants make the most in Oklahoma with an average salary of $99,577. Whereas in Virginia and Massachusetts, they would average $96,900 and $93,319, respectively. While risk and insurance consultants would only make an average of $93,153 in Georgia, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. District of Columbia
$113,676
Avg. Salary
2. Rhode Island
$92,233
Avg. Salary
3. Virginia
$96,900
Avg. Salary