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Finance and Insurance Manager Job Description

Job Descriptions February 15, 2014

According to the US Bureau of Labor Statistics, finance and insurance managers are responsible for the financial health of the agency. They specifically produce qualified financial reports, direct investment activities, review actuary tables and develop long term goals for their respective firms. The average mean salary for an individual in this position is $103,910.

Finance and Insurance managers need to have a bachelor’s degree and a minimum of 5 years experience in the finance, insurance or some related industry. Related experience could be as an accountant, auditor, securities sales agent, or financial analyst. Employment opportunities for finance and insurance managers are expected to grow by 9% during the period of 2010-2020.

This projection is slower than average across all occupations. Competition is expected to be stiff, as with many occupations during this period there will be more qualified applicants than available position. As a result, candidates with advanced degrees and 5 or more years of practice and experience within the financial industry will have the best opportunities open to them.

The finance and insurance manager offers insurance options to prospective clients through established relationships with lenders and insurance providers. They are responsible for explaining the details of the options to their clients and recommending offerings that will meet the needs of their clients. The finance and insurance manager is responsible or negotiating contract terms, offerings and rates to meet the goals of the organization.

This management position is particularly focused on ensuring that applications and paperwork are completed correctly and in an efficient manner. The successful candidate will be familiar with a vast variety of field practiced policies and procedures. This individual needs to be competent and comfortable relying on experience and judgment to plan and accomplish financial goals.

A finance and insurance manager will be performing multiple tasks simultaneously while meeting the needs and demands of their client base. The extended requirements of this position are that the manager will be responsible for leading and directing the work of others. A wide degree of creativity and latitude of independent thought is expected. The finance and insurance manager typically reports to the head of the department or unit within the firm or agency.

Financial and Insurance managers are charged with maintaining the utmost in moral and upholding the highest in ethical standards. The accomplished individual will continuously seek out new lending institution and maintain good working relationships to secure competitive insurance rates and finance options. This individual must comply with and understand federal, state and local regulations that affect the products that they manage.

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  • Enhance organizational performance and create effective traditional and virtual teams through motivation, organizational culture, and change management.
  • Address the legal and ethical implications of human resources and administration in an organizational setting.
  • Analyze business policy and strategy in relationship to competitors.
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  • Understand employment and compensation requirements including insurance, salary, labor, health, and safety.
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1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
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  • Program options include Accounting, Business Administration, Leadership, and more.
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  • Average class size is 25, allowing for more one-on-one time with instructors.
  • Has a 97% employment rate among available graduates.
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  • Michigan's largest independent college.
  • Most instructors are working professionals in the fields they teach.
  • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
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  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
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  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
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  • The online format of the program combines live weekly classes, multimedia coursework, and collaborative group learning exercises.
  • The program prepares information professionals to design and manage mission-critical information technologies within organizations.
  • Students will learn to leverage IT resources for strategic advantages, improve organization-wide information management, and develop more effective IT policies for government, corporate and nonprofit organizations.
  • Designed and taught by Syracuse faculty, our online master’s degree programs promote close collaboration and innovative thinking as students work toward harnessing the power of information to solve complex challenges.
  • 42-credit MS in Information Management which can be completed in as little as 21 months
  • 30-credit MS in Information Management for Executives, which requires students to have six or more full-time professional experience in the information management field. This track can be completed in as little as 15 months.
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  • Apply managerial and business processes to information systems.
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  • Online Courses
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
5 Program(s) Found
  • Average class size is 25, allowing for more one-on-one time with instructors.
  • Has a 97% employment rate among available graduates.
  • All  graduates receive Lifetime Employment  Assistance—free and forever.
  • Michigan's largest independent college.
  • Most instructors are working professionals in the fields they teach.
  • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
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  • Accredited
  • Online Courses
  • Accelerated Programs
  • Financial Aid
1 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
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  • Online Courses
1 Program(s) Found
  • The online format of the program combines live weekly classes, multimedia coursework, and collaborative group learning exercises.
  • The program prepares information professionals to design and manage mission-critical information technologies within organizations.
  • Students will learn to leverage IT resources for strategic advantages, improve organization-wide information management, and develop more effective IT policies for government, corporate and nonprofit organizations.
  • Designed and taught by Syracuse faculty, our online master’s degree programs promote close collaboration and innovative thinking as students work toward harnessing the power of information to solve complex challenges.
  • 42-credit MS in Information Management which can be completed in as little as 21 months
  • 30-credit MS in Information Management for Executives, which requires students to have six or more full-time professional experience in the information management field. This track can be completed in as little as 15 months.
Show more [+]
  • Online Courses

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