Risk and insurance consultant demographics and statistics in the US
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Risk and insurance consultant demographics by:
Risk and insurance consultant gender statistics
32.3% of risk and insurance consultants are women and 67.7% of risk and insurance consultants are men.
- Male, 67.7%
- Female, 32.3%
Risk and insurance consultant gender ratio
| Gender | Percentages |
|---|---|
| Male | 67.7% |
| Female | 32.3% |
Risk and insurance consultant gender pay gap
Women earn 95¢ for every $1 earned by men
Male income
$91,894
Female income
$87,682
Risk and insurance consultant gender ratio over time
This data breaks down the percentage of men and women in risk and insurance consultant positions over time. Currently, 32.3% of risk and insurance consultants are female.
Risk and insurance consultant gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 64.22% | 35.78% |
| 2011 | 61.15% | 38.85% |
| 2012 | 61.55% | 38.45% |
| 2013 | 62.93% | 37.07% |
| 2014 | 67.04% | 32.96% |
| 2015 | 59.12% | 40.88% |
| 2016 | 67.47% | 32.53% |
| 2017 | 66.01% | 33.99% |
| 2018 | 67.58% | 32.42% |
| 2019 | 65.56% | 34.44% |
| 2020 | 65.86% | 34.14% |
| 2021 | 67.67% | 32.33% |
Risk and insurance consultant related jobs gender ratio
We compared risk and insurance consultants with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Risk And Insurance Consultant | 68% | 32% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Risk and insurance consultant demographics by race
The most common ethnicity among risk and insurance consultants is White, which makes up 67.6% of all risk and insurance consultants. Comparatively, 10.0% of risk and insurance consultants are Asian and 9.6% of risk and insurance consultants are Hispanic or Latino.
- White, 67.6%
- Asian, 10.0%
- Hispanic or Latino, 9.6%
- Black or African American, 8.6%
- Unknown, 3.9%
- American Indian and Alaska Native, 0.3%
Risk and insurance consultant race
| Risk and insurance consultant race | Percentages |
|---|---|
| White | 67.6% |
| Asian | 10.0% |
| Hispanic or Latino | 9.6% |
| Black or African American | 8.6% |
| Unknown | 3.9% |
| American Indian and Alaska Native | 0.3% |
Risk and insurance consultant race and ethnicity over time
See how risk and insurance consultant racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Risk and insurance consultant race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.11% | 9.85% | 7.06% | 8.39% |
| 2011 | 74.01% | 8.41% | 6.37% | 9.55% |
| 2012 | 73.01% | 10.84% | 5.80% | 8.45% |
| 2013 | 70.64% | 9.16% | 7.65% | 9.91% |
| 2014 | 75.17% | 6.55% | 7.64% | 8.19% |
| 2015 | 74.61% | 7.99% | 6.27% | 9.87% |
| 2016 | 72.13% | 8.45% | 7.60% | 9.63% |
| 2017 | 69.93% | 10.30% | 8.61% | 8.61% |
| 2018 | 65.63% | 11.21% | 7.52% | 12.54% |
| 2019 | 70.30% | 8.80% | 7.75% | 10.71% |
| 2020 | 68.48% | 6.55% | 10.21% | 10.99% |
| 2021 | 67.65% | 8.57% | 10.00% | 9.58% |
Risk and insurance consultant wage gap by race
According to our data, asian risk and insurance consultants have the highest average salary compared to other ethnicities. Black or african american risk and insurance consultants have the lowest average salary at $87,729.
| Ethnicity | Salary |
|---|---|
| Unknown | $91,655 |
| White | $92,117 |
| Black or African American | $87,729 |
| Asian | $97,266 |
| Hispanic or Latino | $90,955 |
Average risk and insurance consultant age
See how the average age of risk and insurance consultants varies based on ethnicity and gender.
Male
Female
Risk and insurance consultant age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 44.5 | 38 |
| White | 42 | 44 |
| Black or African American | 50 | 43 |
| Asian | 43 | 40.5 |
| Hispanic or Latino | 41 | 45 |
Risk and insurance consultant age breakdown
The average age of risk and insurance consultants is 40+ years years old, representing 60% of the risk and insurance consultant population.
Risk and insurance consultant age breakdown
| Risk And Insurance Consultant Years | Percentages |
|---|---|
| 40+ years | 60% |
| 30-40 years | 28% |
| 20-30 years | 12% |
Risk and insurance consultant educational attainment
The most common degree for risk and insurance consultants is bachelor's degree, with 67% of risk and insurance consultants earning that degree. The second and third most common degree levels are master's degree degree at 21% and master's degree degree at 5%.
- Bachelor's, 67%
- Master's, 21%
- Associate, 5%
- Doctorate, 3%
- Other Degrees, 4%
Risk and insurance consultants by degree level
| Risk and insurance consultant degree | Percentages |
|---|---|
| Bachelor's | 67% |
| Master's | 21% |
| Associate | 5% |
| Doctorate | 3% |
| Other Degrees | 4% |
Risk and insurance consultant jobs you might like
Risk and insurance consultant wage gap by degree level
According to the data, risk and insurance consultants with a Master's degree earn more than those without, at $103,546 annually. With a Bachelor's degree, risk and insurance consultants earn a median annual income of $91,220 compared to $81,507 for risk and insurance consultants with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $103,546 |
| Bachelor's Degree | $91,220 |
| Some College/ Associate Degree | $81,507 |
Risk and insurance consultant employment statistics
Most risk and insurance consultants work for a private in the professional industry.
Company size where risk and insurance consultants work
Below, you can see the size of companies where risk and insurance consultants work.
Risk and insurance consultant jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 8% |
| 100 - 500 employees | 13% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 30% |
| > 10,000 employees | 39% |
Risk and insurance consultant jobs by company type
Employees with the risk and insurance consultant job title have their preferences when it comes to working for a company. For instance, most risk and insurance consultants prefer to work at private companies over public companies.
Risk and insurance consultant jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 40% |
| Private | 55% |
| Government | 3% |
Risk and insurance consultant jobs by industry
The most common industries for risk and insurance consultants are professional, finance and insurance.
Risk and insurance consultant industry statistics
| Industry | Percentages |
|---|---|
| Professional | 19% |
| Fortune 500 | 18% |
| Finance | 15% |
| Insurance | 14% |
| Technology | 7% |
| Utilities | 4% |
| Health Care | 4% |
| Government | 3% |
| Energy | 3% |
| Hospitality | 3% |
| Media | 2% |
| Start-up | 2% |
| Retail | 2% |
| Manufacturing | 2% |
| Education | 1% |
| Internet | 1% |
| Agriculture | 1% |
| Real Estate | 1% |
Risk and insurance consultant turnover and employment statistics
Risk and insurance consultant unemployment rate over time
The unemployment rate for risk and insurance consultants between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Risk and insurance consultant unemployment rate by year
| Year | Risk and insurance consultant unemployment rate |
|---|---|
| 2010 | 4.44% |
| 2011 | 4.54% |
| 2012 | 5.45% |
| 2013 | 5.47% |
| 2014 | 2.74% |
| 2015 | 2.64% |
| 2016 | 2.14% |
| 2017 | 2.76% |
| 2018 | 2.09% |
| 2019 | 2.23% |
| 2020 | 1.75% |
| 2021 | 3.36% |
Average risk and insurance consultant tenure
The average risk and insurance consultant stays at their job for 1-2 years, based on the 478 risk and insurance consultants resumes in Zippia's database.
Risk and insurance consultant tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 26% |
| 1-2 years | 31% |
| 3-4 years | 12% |
| 5-7 years | 20% |
| 8-10 years | 6% |
| 11+ years | 5% |
Risk and insurance consultant LGBT ratio compared to similar jobs
Review the percent of risk and insurance consultants that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Risk And Insurance Consultant | 4.38% | - |
| Finance Analyst Assistant | 7.33% | 94,676 |
| Senior Quality Assurance Auditor | 7.40% | 79,795 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Internal Revenue Agent | 7.65% | 35,750 |
| Budget Examiner | 12.94% | 2,896 |
| Credit Union Examiner | 19.38% | 7,440 |
Similar risk and insurance consultant jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Finance Analyst Assistant | 7.33% | 94,676 |
| Senior Quality Assurance Auditor | 7.40% | 79,795 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Internal Revenue Agent | 7.65% | 35,750 |
| Budget Examiner | 12.94% | 2,896 |
| Credit Union Examiner | 19.38% | 7,440 |
Foreign languages spoken by risk and insurance consultants
The most common foreign language among risk and insurance consultants is Spanish at 29.0%. The second-most popular foreign language spoken is French at 22.6% and Russian is the third-most popular at 16.1%.
- Spanish, 29.0%
- French, 22.6%
- Russian, 16.1%
- German, 6.5%
- Mandarin, 6.5%
- Other, 19.3%
Risk and insurance consultant languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 29.0% |
| French | 22.6% |
| Russian | 16.1% |
| German | 6.5% |
| Mandarin | 6.5% |
| Other | 19.3% |