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As of October 2025, a Finance and Insurance Manager earns an average salary of $92,250 per year, equating to about $44 per hour. This role typically requires a blend of financial acumen and managerial expertise, making it essential for companies in various industries. Factors influencing salary include experience, location, and the specific sector within finance or insurance.
Entry-level positions may start around $70,000, while those with extensive experience can exceed $120,000. Location also plays a significant role; for instance, finance managers in metropolitan areas like New York or San Francisco often earn higher salaries compared to their counterparts in smaller cities.
With the finance sector continuously evolving, the demand for skilled finance and insurance managers remains high. This role not only offers competitive salaries but also a pathway to advanced positions, making it an attractive option for job seekers. Those interested should consider obtaining relevant certifications and gaining experience in financial analysis or risk management.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level finance and insurance manager | $63,400 | $30.49 |
| Mid-level finance and insurance manager | $98,200 | $47.20 |
| Senior-level finance and insurance manager | $151,000 | $72.54 |
The highest-paying states for finance and insurance managers are Connecticut, New York, and Pennsylvania. The lowest average finance and insurance manager salary states are Mississippi, Wyoming, and Kentucky.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Connecticut | $114,493 | $55.04 |
| 2 | Delaware | $112,313 | $54.00 |
| 3 | New York | $113,985 | $54.80 |
| 4 | Massachusetts | $111,920 | $53.81 |
| 5 | Illinois | $98,764 | $47.48 |
| 6 | Maryland | $110,912 | $53.32 |
| 7 | Pennsylvania | $112,470 | $54.07 |
| 8 | California | $105,595 | $50.77 |
| 9 | Virginia | $101,776 | $48.93 |
| 10 | Colorado | $97,619 | $46.93 |
| 11 | Michigan | $95,174 | $45.76 |
| 12 | Rhode Island | $94,419 | $45.39 |
| 13 | Idaho | $92,456 | $44.45 |
| 14 | Nevada | $93,567 | $44.98 |
| 15 | Vermont | $91,039 | $43.77 |
| 16 | Montana | $100,056 | $48.10 |
| 17 | Maine | $95,661 | $45.99 |
| 18 | Alaska | $90,973 | $43.74 |
| 19 | Wisconsin | $89,392 | $42.98 |
| 20 | South Dakota | $87,699 | $42.16 |
| 21 | Washington | $89,690 | $43.12 |
| 22 | District of Columbia | $101,382 | $48.74 |
| 23 | Arizona | $86,071 | $41.38 |
| 24 | Utah | $82,990 | $39.90 |
| 25 | Alabama | $84,641 | $40.69 |
| 26 | New Jersey | $94,524 | $45.44 |
| 27 | West Virginia | $87,343 | $41.99 |
| 28 | Oklahoma | $89,148 | $42.86 |
| 29 | North Carolina | $85,255 | $40.99 |
| 30 | Louisiana | $83,384 | $40.09 |
| 31 | Kansas | $86,209 | $41.45 |
| 32 | Oregon | $88,001 | $42.31 |
| 33 | New Mexico | $86,553 | $41.61 |
| 34 | Tennessee | $81,596 | $39.23 |
| 35 | North Dakota | $78,257 | $37.62 |
| 36 | Texas | $83,211 | $40.01 |
| 37 | New Hampshire | $85,596 | $41.15 |
| 38 | Georgia | $83,101 | $39.95 |
| 39 | Missouri | $82,282 | $39.56 |
| 40 | Minnesota | $78,321 | $37.65 |
| 41 | Wyoming | $75,329 | $36.22 |
| 42 | Hawaii | $67,191 | $32.30 |
| 43 | Iowa | $77,943 | $37.47 |
| 44 | Mississippi | $75,563 | $36.33 |
| 45 | Indiana | $78,437 | $37.71 |
| 46 | Ohio | $77,907 | $37.46 |
| 47 | Arkansas | $77,914 | $37.46 |
| 48 | Florida | $67,325 | $32.37 |
| 49 | South Carolina | $77,696 | $37.35 |
| 50 | Kentucky | $74,783 | $35.95 |
| 51 | Nebraska | $68,629 | $32.99 |
The highest-paying cities for finance and insurance managers are Sacramento, CA, Hartford, CT, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Sacramento, CA | $115,865 | $55.70 |
| 2 | Hartford, CT | $114,882 | $55.23 |
| 3 | New York, NY | $114,621 | $55.11 |
| 4 | Philadelphia, PA | $113,508 | $54.57 |
| 5 | Boston, MA | $112,329 | $54.00 |
| 6 | McLean, VA | $104,019 | $50.01 |
| 7 | Chicago, IL | $99,536 | $47.85 |
| 8 | Lakewood, CO | $97,381 | $46.82 |
| 9 | Billings, MT | $96,339 | $46.32 |
| 10 | Hoboken, NJ | $94,783 | $45.57 |
| 11 | Lansing, MI | $94,178 | $45.28 |
| 12 | Henderson, NV | $91,537 | $44.01 |
| 13 | Madison, WI | $88,500 | $42.55 |
| 14 | Albuquerque, NM | $87,338 | $41.99 |
| 15 | Wichita, KS | $87,164 | $41.91 |
| 16 | Raleigh, NC | $87,002 | $41.83 |
| 17 | Phoenix, AZ | $86,568 | $41.62 |
| 18 | Montgomery, AL | $84,955 | $40.84 |
| 19 | Fort Worth, TX | $84,754 | $40.75 |
| 20 | Atlanta, GA | $83,156 | $39.98 |
A finance and insurance manager's salary ranges from $54,000 a year at the 10th percentile to $155,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $155,000 | $12,917 | $75 |
| 75th Percentile | $121,000 | $10,083 | $58 |
| Average | $92,250 | $7,688 | $44 |
| 25th Percentile | $70,000 | $5,833 | $34 |
| 10th Percentile | $54,000 | $4,500 | $26 |
The highest paying types of finance and insurance managers are senior finance manager, banking center manager, and audit manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Credit Manager | $68,583 | $5,715 | $32.97 | 63,898 |
| Manager Finance Planning And Analysis | $106,888 | $8,907 | $51.39 | 111,706 |
| Audit Manager | $121,419 | $10,118 | $58.37 | 70,168 |
| Asset Manager | $85,814 | $7,151 | $41.26 | 64,732 |
| Manager/Finance Accounting | $91,315 | $7,610 | $43.90 | 132,824 |
| Tax Manager | $96,100 | $8,008 | $46.20 | 79,204 |
Top companies hiring finance and insurance managers now:
Finance and insurance manager salaries at Ann & Robert H. Lurie Children's Hospital of Chicago and Microsoft are the highest-paying according to our most recent salary estimates. In addition, the average finance and insurance manager salary at companies like The TJX Companies and CITGO Petroleum are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Ann & Robert H. Lurie Children's Hospital of Chicago | $170,645 | $82.04 |
| 2 | Microsoft | $144,411 | $69.43 |
| 3 | The TJX Companies | $140,711 | $67.65 |
| 4 | CITGO Petroleum | $137,064 | $65.90 |
| 5 | JPMorgan Chase & Co. | $132,468 | $63.69 |
| 6 | Walgreens | $132,139 | $63.53 |
| 7 | AIG | $125,774 | $60.47 |
| 8 | Pwc | $114,744 | $55.17 |
| 9 | Ernst & Young | $112,275 | $53.98 |
| 10 | Berkshire Hathaway | $107,913 | $51.88 |
| 11 | Zurich | $105,454 | $50.70 |
| 12 | Asbury Automotive Group | $105,359 | $50.65 |
| 13 | University of California | $105,251 | $50.60 |
| 14 | American Family Insurance | $104,536 | $50.26 |
| 15 | Accenture | $103,686 | $49.85 |
| 16 | Fox Motors | $101,261 | $48.68 |
| 17 | Synovus | $99,516 | $47.84 |
| 18 | UC Santa Barbara | $97,841 | $47.04 |
| 19 | Deloitte | $97,360 | $46.81 |
| 20 | Grant Thornton | $96,507 | $46.40 |
The average finance and insurance manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $90,551 | $43.53 |
| 2 | Insurance | $83,694 | $40.24 |
| 3 | Retail | $82,797 | $39.81 |
| 4 | Automotive | $80,426 | $38.67 |
The average finance and insurance manager salary has risen by $18,577 over the last ten years. In 2014, the average finance and insurance manager earned $73,673 annually, but today, they earn $92,250 a year. That works out to a 10% change in pay for finance and insurance managers over the last decade.
Compare finance and insurance manager salaries for cities or states with the national average over time.
Compare finance and insurance manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $92,200 | $44.35 | +3.2% |
| 2025 | $89,300 | $42.93 | +1.5% |
| 2024 | $88,000 | $42.30 | +2.3% |
| 2023 | $86,000 | $41.34 | +2.7% |
| 2022 | $83,700 | $40.24 | +3.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Pricewaterhousecoopers | Financial Services Transformation-Insurance Architect-Senior Manager | New York, NY | 06/30/2025 | $130,000 |
| Moses Auto Group | Finance and Insurance Manager | Saint Albans, WV | 06/27/2025 | $120,000 |
| Milwaukee Harley-Davidson | Finance & Insurance Manager | Milwaukee, WI | 06/24/2025 | $85,000 |
| Star GMC | Finance & Insurance (F&I) Manager | Easton, PA | 06/22/2025 | $180,000 |
| Forvis, LLP | Manager, Assurance-Insurance | New York, NY | 06/20/2025 | $90,200 |
| PwC | Financial Services Transformation-Insurance Architect-Senior Manager | Chicago, IL | 06/15/2025 | $130,000 |
| PwC | Financial Services Transformation-Insurance Architect-Senior Manager | Los Angeles, CA | 06/15/2025 | $130,000 |
| PwC | Financial Services Transformation-Insurance Architect-Senior Manager | Washington, DC | 06/15/2025 | $130,000 |
| PwC | Financial Services Transformation-Insurance Architect-Senior Manager | Atlanta, GA | 06/15/2025 | $130,000 |
| PwC | Financial Services Transformation-Insurance Architect-Senior Manager | Houston, TX | 06/15/2025 | $130,000 |
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