Finance Occupations

Careers in Finance focus on services for financial and investment planning, banking, insurance, and business financial management.
finance -positions

Careers in Finance focus on services for financial and investment planning, banking, insurance, and business financial management.

A majority of careers in the finance and insurance industry require a four-year degree, however, some require only a high school diploma, such as tellers and account clerks, while sales agents may have no specified education requirement. Although some entry-level careers are shrinking as technology automates tasks, job opportunities will continue to be available due to retirements and turnover, likely with some role changes.

Apprenticeship programs are available in some states for careers that include claims adjusters, insurance underwriters, and credit coordinators. An associate degree or a certificate typically qualifies candidates for jobs such as auto damage insurance appraiser, loan interviewer, insurance claims clerk, or insurance policy processing clerk.

With a bachelor’s degree or further education, in-demand careers include brokerage clerks, securities and commodities traders and sales agents, loan officers and interviewers, actuaries, and financial advisors. Licensure to practice is required in some states for several of these occupations, such as mortgage brokers and accountants.

Is a career in the finance and insurance industry for you? Keep these points in mind:

  • Most careers in this industry require the skills to work meticulously with documents and policies, maintain records, and interpret government regulations and laws regarding their work. You may be liable if an action does not meet compliance.
  • The finance and insurance industry typically has a more formal dress code than many other industries. Employees’ appearance contributes to a company’s impression as being trustworthy, upright, and reliable.
  • Work schedules typically follow a routine 9-to-5, but work hours may extend for those who work for clients or need to be available when opportunity strikes.
  • When it comes to managing investments, your coworkers are often your competitors; if you don’t capitalize on an opportunity, they might.