Opportunities in insurance for ex-service men and women

What can I earn?

What can I earn?
What can I earn?

The list below gives an idea of the wide variety of roles that are available to you within the insurance profession and an indication of the remuneration that you might receive. Of course this is just the tip of the iceberg as the insurance profession is bursting with opportunities whatever your skills!

Actuarial

Actuarial graduate (one to three years in risk): average £28,500
Qualified actuary (seven to 10 years in risk): £69,000 to £100,000
Senior actuary: £100,000 plus

Broking

Account handler (one to three years in risk): £29,500
Account executive (four to six years in risk): £38,000
Account director (seven to 10 years in risk): £46,000 to £68,000
Managing director £100,000 plus

Claims

Team leader (four to six years in risk): average salary £27,250
Claims manager (seven to 10 years in risk): salary range £30,000 to £45,000
Claims director: £60,000 plus

Loss adjusting

Trainee loss adjuster: £18,000 - £23,000
Loss adjuster (two to three years in risk): average £28,000
Senior loss adjuster: £50,000-plus

Reinsurance

Reinsurance technician (one to three years in risk): £28,000
Reinsurance manager (seven to 10 years in risk) £43,000 to £88,000

Risk management

Risk analyst (one to six years in risk): £29,000 to £44,000
Risk manager (seven to 10 years in risk): £46,500 to £74,000

Underwriting

Assistant underwriter: £32,000
Underwriter (two to three years in risk): £23,000 to £67,000
Senior underwriter (four to six years in risk): £57,000
Underwriting manager (seven to 10 years in risk): £56,500 to £110,000