Financial Risk Specialists vs Insurance Sales Agents: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Risk Specialists professionals earn $45,630 more per year than Insurance Sales Agents professionals — that's 75.6% higher. At the 90th percentile, Financial Risk Specialists earns $182,310 compared to $135,660 for Insurance Sales Agents.
Salary Range Comparison
Financial Risk Specialists$62,270 – $182,310
Insurance Sales Agents$36,390 – $135,660
$36,390$182,310
Detailed Salary Comparison
| Percentile | Financial Risk Specialists | Insurance Sales Agents | Difference |
|---|---|---|---|
| 10th Percentile | $62,270 | $36,390 | +$25,880 |
| 25th Percentile | $80,280 | $45,520 | +$34,760 |
| Median (50th) | $106,000 | $60,370 | +$45,630 |
| 75th Percentile | $145,020 | $91,150 | +$53,870 |
| 90th Percentile | $182,310 | $135,660 | +$46,650 |
| Mean (Average) | $119,930 | $81,510 | +$38,420 |
Employment Numbers
Financial Risk Specialists
56,320
employed nationwide
Insurance Sales Agents
469,480
employed nationwide
Top Paying Cities
Best Cities for Financial Risk Specialists
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $141,960 |
| San Francisco-Oakland-Berkeley, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
Best Cities for Insurance Sales Agents
| City | Median |
|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $81,890 |
| Hartford-East Hartford-Middletown, CT | $79,860 |
| New York-Newark-Jersey City, NY-NJ-PA | $78,130 |
| San Francisco-Oakland-Berkeley, CA | $77,630 |
| Boston-Cambridge-Nashua, MA-NH | $76,570 |
Frequently Asked Questions
Who earns more: Financial Risk Specialists or Insurance Sales Agents?
Financial Risk Specialists professionals earn more, with a median salary difference of $45,630 (75.6% higher) as of 2024 BLS data.
What is the salary range for Financial Risk Specialists?
Financial Risk Specialists salaries range from $62,270 (10th percentile) to $182,310 (90th percentile), with a median of $106,000.
What is the salary range for Insurance Sales Agents?
Insurance Sales Agents salaries range from $36,390 (10th percentile) to $135,660 (90th percentile), with a median of $60,370.
How many Financial Risk Specialists and Insurance Sales Agents jobs are there?
There are approximately 56,320 Financial Risk Specialists positions and 469,480 Insurance Sales Agents positions nationwide according to 2024 BLS data.
Is it worth switching from Insurance Sales Agents to Financial Risk Specialists?
Career decisions depend on many factors beyond salary. Financial Risk Specialists has a median salary of $106,000 while Insurance Sales Agents earns $60,370. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS