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Insurance Finance Jobs (NOW HIRING)

First Mid

Director of Insurance Finance

Champaign, IL

$96K - $137K/yr

The Director of Insurance Finance is responsible for leading the financial strategy, planning, reporting, and operational finance functions of the agency. This role provides executive leadership in ...

Keffer Mazda

Finance Manager

Huntersville, NC

Valid state insurance licence. Able to interact and get along with all customers. Exerience with F ... Maintain a Finance and Insurance logbook. Maintain monthly penetration reports on finance ...

Keffer Hyundai

FINANCE MANAGER

Matthews, NC · On-site

Valid state insurance licence. Able to interact and get along with all customers. Exerience with F ... Maintain a Finance and Insurance logbook. Maintain monthly penetration reports on finance ...

Keffer Hyundai

FINANCE MANAGER

Matthews, NC · On-site

Valid state insurance licence. Able to interact and get along with all customers. Exerience with F ... Maintain a Finance and Insurance logbook. Maintain monthly penetration reports on finance ...

Keffer Mazda

Finance Manager

Huntersville, NC · On-site

Valid state insurance licence. Able to interact and get along with all customers. Exerience with F ... Maintain a Finance and Insurance logbook. Maintain monthly penetration reports on finance ...

SLR Search

Finance Associate Attorney

Dallas, TX

$225K/yr

Finance Associate Attorney Benefits: -Starting Salary $225K+ -Bonus Potential -Retirement Plan -Life/AD&D Insurance -Medical, Dental, Vision Insurance starting on day 1 -Parental Leave -Short-term ...

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Insurance Finance information

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$25K

$98.1K

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How much do insurance finance jobs pay per year?

As of Jul 21, 2026, the average yearly pay for insurance finance in the United States is $98,103.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $112,500.00 per year, depending on experience, location, and employer.

What is the highest paying role in the insurance industry?

In the insurance industry, executive roles such as Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Underwriting Officer tend to be the highest paid. These positions require extensive experience, leadership skills, and often advanced certifications, and they oversee company strategy, financial management, and risk assessment.

What are the key skills and qualifications needed to thrive in Insurance Finance, and why are they important?

To thrive in Insurance Finance, you need strong analytical abilities, financial modeling skills, and a solid understanding of insurance principles, typically backed by a degree in finance, accounting, or actuarial science. Familiarity with financial reporting software, risk management tools, and relevant certifications such as CPA or CFA is often expected. Attention to detail, problem-solving, and effective communication are crucial soft skills for interpreting complex data and collaborating with cross-functional teams. These competencies are vital for ensuring regulatory compliance, managing risk, and supporting sound financial decision-making within insurance organizations.

What is the difference between Insurance Finance vs Insurance Underwriter?

AspectInsurance FinanceInsurance Underwriter
Required CredentialsFinance degree, certifications like CFA or CPAInsurance license, actuarial exams, finance background
Work EnvironmentCorporate finance departments, risk management teamsInsurance companies, underwriting departments
Employer & Industry UsageFinancial institutions, insurance firmsInsurance companies, brokers
Common Search & ComparisonFinancial analysis, risk assessmentPolicy evaluation, risk selection

Insurance Finance professionals focus on managing financial risks, analyzing investments, and supporting insurance company finances. Insurance Underwriters evaluate insurance applications, assess risks, and determine policy terms. While both roles involve risk assessment, Insurance Finance emphasizes financial strategies, whereas Insurance Underwriters concentrate on policy approval and risk selection.

What are some common challenges faced by professionals in Insurance Finance, and how can they be addressed?

Professionals in Insurance Finance often encounter challenges such as navigating complex regulatory requirements, managing large volumes of data, and ensuring accuracy in financial reporting. To address these, staying up-to-date with changing regulations, leveraging advanced financial software, and engaging in continuous professional development are essential. Collaboration with actuarial teams and underwriters is also crucial for accurate risk assessment and financial planning. Building strong analytical and communication skills helps professionals succeed in this dynamic environment.

What do finance people do in insurance?

Finance professionals in insurance analyze financial data, develop pricing models, and manage company budgets to ensure profitability and compliance. They often use tools like Excel and financial software, and may work on risk assessment, investment strategies, and regulatory reporting.

What is the highest paid job in finance?

In finance, the highest paid roles are typically investment bankers, hedge fund managers, and private equity executives, often earning multi-million dollar salaries and bonuses. These positions require advanced degrees, strong analytical skills, and extensive experience, and they operate in high-pressure environments with demanding schedules.

What position in insurance pays the most?

In insurance finance, executive roles such as Chief Financial Officer (CFO) typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, strong financial acumen, and leadership skills, and they oversee the company's financial strategy and operations.

What is insurance finance?

Insurance finance refers to the management of financial operations, analysis, and planning within insurance companies. Professionals in this field handle tasks such as budgeting, forecasting, risk assessment, and regulatory compliance to ensure the financial health and stability of insurance firms. They play a key role in determining premium pricing, managing investments, and preparing financial statements. Insurance finance combines knowledge of both the insurance industry and financial principles to support strategic decision-making and profitability.
More about Insurance Finance jobs
What cities are hiring for Insurance Finance jobs? Cities with the most Insurance Finance job openings:
What states have the most Insurance Finance jobs? States with the most job openings for Insurance Finance jobs include:
What job categories do people searching Insurance Finance jobs look for? The top searched job categories for Insurance Finance jobs are:
Insurance Finance jobs near you
Infographic showing various Insurance Finance job openings in the United States as of July 2026, with employment types broken down into 93% Full Time, 4% Part Time, 1% Temporary, and 2% Contract. Highlights an 82% Physical, 7% Hybrid, and 11% Remote job distribution, with an average salary of $98,103 per year, or $47.2 per hour.

Director of Insurance Finance

First Mid Bank and Trust

Mattoon, IL • On-site

$96K - $137K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 15 days ago

Job description

At First Mid, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of discretionary short-term incentives (i.e. bonus, incentives, and/or commission). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, tuition reimbursement, an Employee Stock Purchase Plan, and a 401K plan with company match. Incentives and benefits are subject to eligibility requirements.
Position Summary:
The Director of Insurance Finance is responsible for leading the financial strategy, planning, reporting, and operational finance functions of the agency. This role provides executive leadership in budgeting, forecasting, cash flow management, financial analysis, accounting oversight, and strategic decision-making. The Director of Insurance Finance partners closely with agency leadership to drive profitable growth, improve operational efficiency, ensure regulatory compliance, and support mergers, acquisitions, and other strategic initiatives.
The ideal candidate combines strong financial leadership with an understanding of insurance agency operations, including commission revenue, carrier relationships, producer compensation structures, and agency performance metrics.
Responsibilities include, but are not limited to:
  • Develop and execute the agency's financial strategy in alignment with organizational goals.
  • Reports to the CEO or designee and develop financial models to support business decisions and strategic initiatives.
  • Provide financial analysis and recommendations to support growth initiatives, investments, acquisitions, and operational improvements.
  • Lead long-range financial planning and scenario modeling.
  • Direct the annual budgeting process and periodic forecasting activities.
  • Analyze agency performance, profitability, and key financial metrics.
  • Monitor variances and identify opportunities to improve financial performance.
  • Oversee all accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and financial close processes.
  • Ensure timely and accurate monthly, quarterly, and annual financial reporting.
  • Maintain compliance with GAAP and applicable regulatory requirements.
  • Coordinate annual audits, tax filings, and external financial reviews.
  • Monitor and analyze commission revenue, contingent income, fee income, and producer compensation programs.
  • Track carrier receivables, agency bill operations, and premium trust accounts as applicable.
  • Evaluate profitability by department, producer, line of business, and office location.
  • Develop and maintain agency performance dashboards and key operating metrics.
  • Ensure appropriate internal controls and financial safeguards are maintained.
  • Lead, mentor, and develop accounting and finance personnel.
  • Establish performance objectives and promote a culture of accountability and continuous improvement.
  • Foster collaboration across departments and offices.
  • Ensure compliance with financial, tax, licensing, and regulatory requirements.
  • Develop and maintain internal controls and financial policies.
  • Support enterprise risk management initiatives and business continuity planning.
  • Identify opportunities to improve financial systems, reporting capabilities, and operational efficiencies.
  • Lead implementation and optimization of accounting, and agency management system.
  • Promote data-driven decision-making throughout the organization.
  • Participate in acquisition evaluations, due diligence, valuation analyses, and integration activities.

Education/Experience:
  • Bachelor's degree in Accounting, Finance, Business Administration, or related field required.
  • CPA, CMA, MBA, or other relevant professional designation preferred.
  • 7+ years of progressive finance and accounting leadership experience.
  • 3+ years in a senior financial leadership role.
  • Experience within the insurance industry, insurance agency, brokerage, or financial services environment strongly preferred.
  • Demonstrated experience with budgeting, forecasting, financial modeling, and strategic planning.
  • Experience managing audits, tax compliance, and financial reporting.

Skills:
  • Strong understanding of GAAP and financial management principles.
  • Knowledge of insurance agency revenue models, commission structures, and carrier relationships preferred.
  • Advanced financial analysis and modeling capabilities.
  • Strong leadership, communication, and interpersonal skills.
  • High proficiency in Microsoft Excel and financial reporting tools.
  • Experience with agency management systems such as Applied Epic, Vertafore AMS360, or similar platforms preferred.
  • Ability to translate financial data into actionable business insights

Total Rewards:
  • Competitive health, dental & vision coverage with HSA match
  • 401(k) with employer match + Employee Stock Purchase Plan
  • Generous PTO, paid holidays & parental leave
  • Tuition reimbursement & performance-based bonuses
  • Visit our Total Rewards page to see our full list of benefits

First Mid Bancshares, Inc. is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other applicable federal or state-protected classification.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
#LI-POST
HP123
Pay Range: $96,500 - $137,800 per year

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