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May 19, 2022

You Can Get Travel Insurance Without Paying for It Out-Of-Pocket | News

Since many nations around the world continue to demand destructive COVID-19 assessments to enter, it is excellent to get hold of travel insurance policies. Just after all, a optimistic COVID-19 check consequence is still doable — even if you are vaccinated and boosted — and could derail your trip.

Significantly, more Us residents are jumping on the vacation insurance policies prepare. Almost a single-third (31{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}) of U.S. tourists say they are much more very likely to obtain travel insurance policy for their journeys prepared concerning now and the close of 2022, in accordance to an August 2021 AAA survey of extra than 1,100 American grownups. And Individuals are next by means of with what they say they’ll do. AAA’s travel insurance plan product sales greater among August 2020 and August 2021.

But there’s a great possibility you can get vacation protections with out acquiring a different journey insurance policy. That is for the reason that several credit score cards offer journey insurance as a crafted-in advantage to shoppers.

Credit card journey insurance coverage is equivalent to standard travel insurance policies, which you’d invest in by a standard journey coverage firm, like Allianz or World Nomads.

But though standard excursion coverage necessitates you to go by the work of actually buying a prepare, your credit rating card’s journey insurance plan provides automated coverage — as long as you pay for the vacation using a card that delivers the gain.

Typical excursion insurance policies is normally priced involving 5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} and 10{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} of your whole trip expense, according to coverage comparison web site Squaremouth. On the other hand, actual charges fluctuate dependent on components these types of as your age, type of trip, period and price. With credit score card journey insurance policy, the form of coverage coverage and the optimum greenback volume lined can differ.

In basic, hope protection among $6,000 and $20,000 for each excursion between cards with excursion cancellation and interruption gains. For other kinds of protection, like baggage hold off, it’s commonly fewer. For example, lost luggage insurance policies coverage of up to $3,000 for every passenger is normal, and vacation incident insurance coverage normally addresses in between $500,000 and $1 million.

See the best journey rewards cards that give travel insurance coverage listed here.

What does credit score card travel coverage include?

Vacation insurance policy is a broad umbrella term, and some credit rating cards give increased degrees of protection than many others. For case in point, playing cards with greater annual charges have a tendency to supply far more protection with increased greenback values.

Frequent forms of credit rating card journey insurance policy protection are:

Baggage delay. If your checked luggage don’t clearly show up at the carousel, this protection will reimburse you for requirements such as clothing, toiletries, etcetera.
Misplaced/ruined baggage. If your luggage are lost or damaged by a provider (or potentially content have been stolen from your baggage), you will be reimbursed for the shed/stolen products.
Trip hold off. Suppose you are delayed for a covered explanation. In that circumstance, you can receive financial compensation for foods, accommodations, transportation and other coated buys created because of to the hold off, like an more night’s continue to be at a lodge.
Excursion cancellation. If you will need to terminate a prepaid, nonrefundable vacation, you may well receive compensation to offset the missing funds. This advantage normally applies to cancellations for included reasons, which range by card.
Excursion interruption. Maybe you are previously on a vacation, and plans modified halfway. You can be reimbursed for any unused, prepaid, nonrefundable reservations for a coated explanation.

Read through your card’s conditions to see which varieties of incidents are coated — and the most dollar worth they’ll spend.

Some credit rating cards also offer rental vehicle insurance

Equally, some credit history cards provide complimentary rental vehicle coverage, which can be major or secondary to your private automobile coverage, depending on the card. Protection is normally a collision hurt waiver or loss damage waiver, meaning you’re covered for costs to fix or change your rental motor vehicle if there was a crash or it was stolen. The coverage may well also go over similar expenses, these kinds of as towing expenses and administrative expenses.

Usually, you should fork out for your car rental with a credit history card that offers the protection and drop the rental car or truck company’s collision coverage to get this gain. This form of coverage generally won’t go over liability and injury, which comes into enjoy if your auto damages other house or hurts you or someone else.

In addition, it commonly won’t deal with loss or theft of private possessions within the car, so never expect relief if a person breaks into your rental car or truck and steals the suitcase you had sitting down on the seat.

And acquire heed if you are renting from a nontraditional rental auto firm, like Turo or Getaround. Peer-to-peer car rentals are not likely to be protected by credit score card rental insurance policies.

How to file a claim when making use of credit rating card journey insurance

If your trip is canceled or delayed because of to a purpose that is included, you are going to require to file a assert to get reimbursed, which can usually be done via your credit score card issuer’s website.

You probable will not deal with your credit history card business but rather the insurance provider alone. Most benefits are underwritten and managed by third-bash coverage organizations. Be organized with paperwork to present evidence.

The window to make a claim can be brief. For occasion, for Chase, it is up to 20 times after the incidence — so do not wait. You are going to typically have more time to give documentation, which is 90 times for Chase.

Documentation needs range, but you’ll possible need to give the following to get reimbursed:

Proof of your included rationale (this sort of as a doctor’s notice or a death certificate).
Receipts for your fees.
A duplicate of your account statement reflecting individuals prices.
A copy of the cancellation or refund guidelines of your travel company.

Why won’t my credit card insurance policy protect my excursion?

Vacation coverage can be a lifesaver in included scenarios. But quite a few difficulties that come up throughout your vacation, which you may well be expecting to be included for, really don’t tumble neatly within the lines of what’s lined.

That is legitimate for normal vacation insurance coverage and your credit history card protection. While coverage may differ by the insurance plan service provider, typical scenarios that are not protected incorporate:

Vacation preparations canceled or improved by the vacation service provider. Unless it’s owing to serious weather or an organized strike affecting general public transportation, concerns that were being the travel provider’s fault could possibly not be protected. For instance, you could possibly be out of luck if your airline canceled your flight simply because the pilot named out unwell and you missed a lodge evening that you compensated for.
Improvements in your designs thanks to economical situation. If you notice immediately after scheduling that you simply cannot afford the price you dedicated to, very well, you are even now on the hook.
Obtaining a pre-present ailment or touring from the tips of a physician. This can be tricky, but the insurance company may possibly dispute your complaint if they can establish your cause for canceling resulted from a ailment you already understood about or your doctor warned you about.
Very very long or quick outings. Typically just one-working day trips, as effectively as people that exceed 60 days in period, are not included.

If you require to terminate a excursion for a motive that is not covered, you may possibly be greater off getting Terminate For Any Cause coverage, which lets you do just that. It is an more cost, but this can get you some income back again if you cancel for any rationale (which includes all those or else not-lined reasons).

The report You Can Get Travel Insurance policies Without the need of Paying for It Out-Of-Pocket initially appeared on NerdWallet.

May 13, 2022

The Best Paying Jobs in Finance for 2022

The financial industry is a highly competitive and lucrative career path.

It offers both recent graduates and experienced professionals a wide variety of job opportunities in traditional fields such as investment banking and accounting, or in the newer financial technology (fintech) industry.

Read on for a list of the 10 highest-paying finance jobs, their annual salary and typical educational requirements.

Best paying jobs in finance

Financial manager

Financial managers monitor different aspects of a business’ finances. They can advise chief financial officers and other top executives on investment opportunities to expand or maximize profits.

In smaller companies, a financial manager might be in charge of a company’s entire financial operation; in larger ones, they might monitor more specific aspects, such as credit, cash or risk management. Financial managers have a wide range of responsibilities depending on the company and industry, including analyzing market trends, making financial forecasts and directing investments.

The median annual salary for financial managers was $131,710 in 2021. Employment opportunities for financial managers are projected to grow 17{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}, a much faster rate than the average for any other occupation.

Financial systems director

Financial systems directors oversee the development and implementation of business systems within companies.

Systems directors can work closely with information technology (IT) departments to help establish systems for tracking capital allocation and collecting financial data. They also ensure the stability of system infrastructures and identify ways to streamline processes.

Financial systems directors typically need a bachelor’s degree in information systems, computer science or database administration. They may also pursue professional certification in databases like WebLogic from Oracle and structure query language (SQL) tools.

According to ZipRecruiter, the national average salary for financial systems directors is $107,901. Employment for computer and information systems managers is projected to grow faster than average — 11{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} through 2030.

Actuary

Actuaries help insurance companies estimate the likelihood of future events and its potential financial consequences. They use statistics and modeling to analyze data, predict costs of payouts and design strategies to minimize risks. Actuaries also help companies establish policy premiums, ensuring they’re profitable and competitive.

Actuaries can specialize in life insurance, health insurance, property and casualty insurance, enterprise risk management, and pension and retirement benefits. A bachelor’s degree is typically required along with an Associate or Fellow certification offered by the Casualty Actuarial Society or the Society of Actuaries.

According to the Bureau of Labor Statistics (BLS), the median salary for actuaries in 2021 was $105,900, with a projected 24{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} growth in demand.

Economic analyst

As an economic analyst, economists forecast economic trends, develop models and write reports that help private companies make decisions. Economic analysts also work for federal government agencies collecting and analyzing data to help create spending projections.

Economists need high-level knowledge of mathematical models and statistical techniques to analyze large amounts of data. They typically need a master’s or Ph.D. degree in economics or mathematics, and some work experience involving statistical analysis software.

The BLS estimates the median annual salary for economists to be $94,710 as of May 2021, and projected employment in this area is expected to grow 13{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} between 2020 to 2030.

Personal financial advisors

Personal financial advisors help clients manage their personal finances. Advisors evaluate clients’ individual needs and recommend investments, insurance, retirement plans, mortgages, taxation and/or estate planning strategies that are consistent with the client’s financial goals.

Advisors develop long, intermediate and short-term plans, identify financial opportunities and help create budgets for educational expenses, retirement, savings or monthly debts.

Licensed advisors manage clients’ investments and other assets, including selling and buying stocks and bonds on behalf of their clients. As such, they are expected to have excellent communication skills and the ability to explain complex information to a wide variety of people.

Most personal financial advisors are self-employed. The median annual salary for personal financial advisors in 2021 was $94,710, and employment opportunities are projected to grow around 5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} through 2030.

Management analysts

Management analysts, or management consultants, analyze a business’ procedures and recommend improvements to current processes.

Management analysts gather financial data — such as expenditures and revenue — to prepare documentation and advise executives in the implementation of new systems. They essentially look for ways to make an organization more profitable and efficient.

In 2021, management analysts earned a median salary of $93,000. Additionally, job opportunities in this field are expected to grow 14{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} between 2020 to 2030.

Financial analysts

Financial analysts typically work for banks, insurance companies, asset management firms and private equity firms. They evaluate investment opportunities and recommend how to best diversify portfolios and generate profits.

Financial analysts assess risk and the performance of different types of investments, including hedge funds and mutual funds. In addition, financial analysts analyze budgets, financial models and projections.

The median annual salary for financial analysts in 2021 was $81,410, according to the BLS. Employment in this area is projected to grow 6{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} through 2030.

Financial examiners

Financial examiners ensure that banks are legally compliant with the laws, policies and regulations that govern financial institutions. Most financial examiners work in risk assessment or consumer compliance.

Risk assessment examiners ensure that financial institutions are in good financial standing, and that banks have enough cash to offer loans and manage unexpected losses.

Consumer compliance examiners monitor banks’ lending practices, making sure they’re fair and that borrowers are treated fairly. This includes ensuring that borrowers aren’t discriminated against based on gender, race, ethnicity or other factors.

According to BLS, financial examiners earned a median annual salary of $81,410 in 2021, the equivalent of $39.14 per hour. The BLS also estimated that in 2020 there were 70,800 financial examiners jobs and projected a much faster than average growth rate of 18{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} through 2030.

Budget Analysts

Budget analysts prepare budgets and annual reports. They help public and private institutions — for example universities, private companies and government agencies — analyze their finances and recommend adjustments in spending or funding based on the organization’s needs.

Budget analysts ensure that budget proposals abide by regulations, and that spending remains within budgeted limits. They also conduct cost-benefit analysis and forecast financial needs.

The median annual pay for budget analysts in 2021 was $79,940. Employment demand in this area is projected to grow 5{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}.

Accountants and auditors

Accountants and auditors ensure that businesses and individual clients’ financial information is accurate and complies with applicable regulations.

An accountant’s main responsibilities include preparing financial reports — such as balance sheets and income statements — and ensuring that tax information is accurate and filed on time. Some are also in charge of bookkeeping, invoices and recommend solutions to reduce costs or maximize profits.

Auditors, as the name implies, perform audits, examining financial records and offering guidance on how to improve internal controls. They can also perform forensic audits to detect fraud, embezzlement or intentional misstatements.

Aside from a degree in accounting, accountants and auditors typically need to become a licensed Certified Public Accountant (CPA). They might also need professional certifications, such as the Certified Management Accountant (CMA) or the Certified Internal Auditor (CIA).

The median annual salary for both accountants and auditors was $77,250 in 2021. The average growth rate for this career is projected to be around 7{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}.

Other well-paid finance careers

The following financial occupations are also well-paid with median annual salaries ranging from the low $60,000 to mid-$70,000.

Logisticians: $77,030
Insurance underwriters: $76,390
Banking analyst: $74,463
Cost estimators: $65,170
Claims adjusters: $64,710
Appraisers: $64,710
Market research analysts: $63,920
Loan officers: $63,380
Investment bankers and/or brokers: $62,910

What do finance jobs pay?

According to ZipRecruiter, the national average salary for finance professionals in the United States is $73,284. Average salaries range from $20,500 to more than $150,000 per year.

Below is a list of the best-paying finance jobs along with their median base salary and the typical educational requirements, as reported by the Bureau of Labor Statistics.

Finance Jobs	Median Base Salary (Annually)	Typical Educational Requirements
Financial Manager	$131,710	•Bachelor or master’s degree in related field. •Optional certifications: Financial Risk Management (FRM) and/or Certified Government Financial Manager (CGFM)
Financial Systems Director	$107,901	•Bachelor’s degree in computer science, information technology or related fields. •Optional certifications: Oracle-Certified
Actuary	$105,900	•Bachelor’s degree in mathematics, statistics, business or related field •Licensed by the Department of Labor and the Department of the Treasury •Certified by the Casualty Actuarial Society (CAS) and/or the Society of Actuaries (SOA)
Economic Analyst	$105,630	•Master’s degree in economics, statistics, business and related fields •Ph.D. preferred
Personal Financial Advisor	$94,170	•Bachelor’s degree •Optional certifications: Certified Financial Planner (CFP) •Registration with the Securities and Exchange Commission (SEC)
Management Analysts	$93,000	•Bachelor’s degree •Master’s degree in business administration preferred •Certified Management Consultant (CMC) designation
Financial Analysts	$81,410	•Bachelor’s degree in business or related field. •Master’s degree preferred by some employers •Optional certifications: Chartered Financial Analyst (CFA)
Financial Examiners	$81,410	•Bachelor’s degree in business or related field. •Optional certifications: Accredited Financial Examiner (AFE) and/or Certified Financial Examiner (CFE)
Budget Analysts	$79,940	•Bachelor’s degree in business, mathematics, or related field. •Optional certifications: Certified Government Financial Manager (CGFM)
Accountants	$77,250	•Bachelor’s degree in accounting •Certified Public Accountant (CPA) license •Optional certifications: Accredited in Business Valuation (ABV), Certified Financial Forensics (CFF), Chartered Global Management Accountant (CGMA), and/or Certified Management Accountant (CMA)
Auditors	$77,250	•Bachelor’s degree in accounting •Certified Public Accountant (CPA) license •Optional certifications: Certified Internal Auditor (CIA), Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Information Systems Auditor (CISA), and/or Certified Financial Services Auditor (CFSA)

Latest news on finance jobs

Best paying jobs in finance FAQ

Is finance a good career path?

Despite being a highly competitive industry, careers in finance are a popular choice for many business administration graduates. It offers attractive high-paying jobs, bonuses and growth opportunities. In addition, it’s an industry that’s projected to grow 8{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} between 2020 to 2030, and generate about 750,800 new jobs according to the Bureau of Labor Statistics.

How many jobs are available in finance?

According to the Bureau of Labor Statistics, in February and March 2022, there were roughly 500,000 jobs available in the financial industry.

These include a variety of roles ranging from entry-level positions in investment banking and financial institutions to top executive positions. Some common entry-level positions include brokers, equity analysts, risk analysts and loan officers.

How much do finance majors make?

According to ZipRecruiter, the national average salary for a finance professional is $73,284, with the majority of finance professionals earning between $44,500 to $97,000 a year. Some top earners can make $150,000 and more annually.

How much do you make working at a bank?

A bank worker can earn between $25,000 to $80,500 depending on the position, level of experience and location. There are many bank positions available ranging from bank tellers and service clerks to loan officers and bank managers. The median salary for a bank teller, according to the Bureau of Labor Statistics, is $36,310, whereas a loan officer’s median pay is $63,380.

How to get a job in finance with no experience

Although the finance industry is highly competitive, there are many entry-level finance jobs and internships for recent graduates and applicants with little or no experience. As with any job, it’s important to write a resume that showcases your unique skills, abilities and educational preparation. Do note that most financial institutions prefer candidates with a finance degree or in related fields. Completing additional professional and industry-specific certifications can also help you stand out from other candidates when applying for a job in finance.

Summary of Money’s best paying jobs in finance

The highest-paying finance jobs includes financial managers, financial system directors, actuaries, economic analysts, personal financial advisors, management analysts, financial analysts, financial examiners, budget analysts, accountants and auditors.

Most, but not all, finance jobs require a degree in business, finance, accounting or other related fields as well as career-specific certifications.

Financial professionals can earn between $44,500 to $97,000, with some top earners earning $150,000 or more a year.

The national average salary for financial professionals is $73,284.

According to the Bureau of Labor Statistics, occupations in the financial industry are projected to grow 8{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} and generate about 750,800 new jobs through 2030.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

March 22, 2022

Highest paying jobs in Charlotte that require a bachelor’s degree

Almonroth // Wikimedia Commons

Highest paying jobs in Charlotte that require a bachelor’s degree

While college and university tuition costs may be skyrocketing, many still believe a bachelor’s degree is essential to landing a high-paying job in the United States. Stacker compiled a list of the highest paying jobs that typically require a bachelors in Charlotte using data from the Bureau of Labor Statistics. Jobs are ranked by 2020 annual mean wage.

Whether highly technical, scientific, or based in finance or the arts, all the jobs require keeping up to date with the latest developments in culture, commerce, or tech.

Keep reading to discover the highest-paying jobs that require a bachelor degree in Charlotte.

Dragon Images // Shutterstock

#50. Insurance underwriters

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $81,970

– #38 highest pay among all metros

– Employment: 1,440

National

– Annual mean salary: $80,390

– Employment: 101,790

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Augusta-Richmond County, GA-SC ($119,010)

— Bridgeport-Stamford-Norwalk, CT ($109,060)

— Durham-Chapel Hill, NC ($105,470)

– Job description: Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

aslysun // Shutterstock

#49. Chemists

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $83,130

– #62 highest pay among all metros

– Employment: 650

National

– Annual mean salary: $86,410

– Employment: 82,940

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Peoria, IL ($134,990)

— Washington-Arlington-Alexandria, DC-VA-MD-WV ($130,860)

— San Jose-Sunnyvale-Santa Clara, CA ($122,250)

– Job description: Conduct qualitative and quantitative chemical analyses or experiments in laboratories for quality or process control or to develop new products or knowledge.

comzeal images // Shutterstock

#48. Loan officers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $83,510

– #66 highest pay among all metros

– Employment: 5,680

National

– Annual mean salary: $76,930

– Employment: 308,700

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Eau Claire, WI ($129,900)

— Stockton-Lodi, CA ($121,100)

— Tyler, TX ($114,690)

– Job description: Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

Jacob L. // Shutterstock

#47. Architects, except landscape and naval

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $83,610

– #96 highest pay among all metros

– Employment: 1,110

National

– Annual mean salary: $89,470

– Employment: 103,900

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Sacramento–Roseville–Arden-Arcade, CA ($114,930)

— San Jose-Sunnyvale-Santa Clara, CA ($113,510)

— Santa Rosa, CA ($112,110)

– Job description: Plan and design structures, such as private residences, office buildings, theaters, factories, and other structural property.

Arjuna Kodisinghe // Shutterstock

#46. Network and computer systems administrators

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $83,890

– #105 highest pay among all metros

– Employment: 4,270

National

– Annual mean salary: $89,460

– Employment: 339,560

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($134,260)

— Baltimore-Columbia-Towson, MD ($116,840)

— Bridgeport-Stamford-Norwalk, CT ($111,790)

– Job description: Install, configure, and maintain an organization’s local area network (LAN), wide area network (WAN), data communications network, operating systems, and physical and virtual servers. Perform system monitoring and verify the integrity and availability of hardware, network, and server resources and systems. Review system and application logs and verify completion of scheduled jobs, including system backups. Analyze network and server resource consumption and control user access. Install and upgrade software and maintain software licenses. May assist in network modeling, analysis, planning, and coordination between network and data communications hardware and software.

Canva

#45. Environmental engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $85,260

– #110 highest pay among all metros

– Employment: 290

National

– Annual mean salary: $96,890

– Employment: 50,260

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Beaumont-Port Arthur, TX ($128,000)

— San Francisco-Oakland-Hayward, CA ($124,210)

— Baton Rouge, LA ($114,890)

– Job description: Research, design, plan, or perform engineering duties in the prevention, control, and remediation of environmental hazards using various engineering disciplines. Work may include waste treatment, site remediation, or pollution control technology.

Gorodenkoff // Shutterstock

#44. Commercial and industrial designers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $85,410

– #12 highest pay among all metros

– Employment: 210

National

– Annual mean salary: $76,290

– Employment: 30,100

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Durham-Chapel Hill, NC ($127,500)

— San Jose-Sunnyvale-Santa Clara, CA ($106,010)

— Santa Maria-Santa Barbara, CA ($97,190)

– Job description: Design and develop manufactured products, such as cars, home appliances, and children’s toys. Combine artistic talent with research on product use, marketing, and materials to create the most functional and appealing product design.

Canva

#43. Mechanical engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $86,010

– #194 highest pay among all metros

– Employment: 2,680

National

– Annual mean salary: $95,560

– Employment: 293,960

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($125,760)

— San Francisco-Oakland-Hayward, CA ($124,190)

— Beaumont-Port Arthur, TX ($123,700)

– Job description: Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

Monkey Business Images // Shutterstock

#42. Industrial engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $87,170

– #176 highest pay among all metros

– Employment: 2,220

National

– Annual mean salary: $93,610

– Employment: 290,190

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Billings, MT ($125,760)

— San Jose-Sunnyvale-Santa Clara, CA ($123,710)

— Houston-The Woodlands-Sugar Land, TX ($123,510)

– Job description: Design, develop, test, and evaluate integrated systems for managing industrial production processes, including human work factors, quality control, inventory control, logistics and material flow, cost analysis, and production coordination.

ImageFlow // Shutterstock

#41. Accountants and auditors

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $88,150

– #18 highest pay among all metros

– Employment: 14,060

National

– Annual mean salary: $81,660

– Employment: 1,274,620

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Salinas, CA ($111,680)

— New York-Newark-Jersey City, NY-NJ-PA ($105,720)

— Midland, TX ($103,120)

– Job description: Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Canva

#40. Health and safety engineers, except mining safety engineers and inspectors

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $89,060

– #68 highest pay among all metros

– Employment: 140

National

– Annual mean salary: $97,330

– Employment: 23,780

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Sacramento–Roseville–Arden-Arcade, CA ($123,730)

— San Jose-Sunnyvale-Santa Clara, CA ($121,700)

— Los Angeles-Long Beach-Anaheim, CA ($121,330)

– Job description: Promote worksite or product safety by applying knowledge of industrial processes, mechanics, chemistry, psychology, and industrial health and safety laws. Includes industrial product safety engineers.

Canva

#39. Civil engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $90,380

– #137 highest pay among all metros

– Employment: 3,420

National

– Annual mean salary: $95,440

– Employment: 300,850

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— New Orleans-Metairie, LA ($125,910)

— Sacramento–Roseville–Arden-Arcade, CA ($121,970)

— San Francisco-Oakland-Hayward, CA ($119,860)

– Job description: Perform engineering duties in planning, designing, and overseeing construction and maintenance of building structures and facilities, such as roads, railroads, airports, bridges, harbors, channels, dams, irrigation projects, pipelines, power plants, and water and sewage systems.

IBM Research // Flickr

#38. Aerospace engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $93,490

– #62 highest pay among all metros

– Employment: 180

National

– Annual mean salary: $121,110

– Employment: 60,630

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Washington-Arlington-Alexandria, DC-VA-MD-WV ($151,410)

— San Jose-Sunnyvale-Santa Clara, CA ($142,260)

— Houston-The Woodlands-Sugar Land, TX ($135,490)

– Job description: Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

BDUK fibre // flickr

#37. Electronics engineers, except computer

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $95,110

– #122 highest pay among all metros

– Employment: 870

National

– Annual mean salary: $112,320

– Employment: 122,320

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($148,210)

— Austin-Round Rock, TX ($134,110)

— Idaho Falls, ID ($131,740)

– Job description: Research, design, develop, or test electronic components and systems for commercial, industrial, military, or scientific use employing knowledge of electronic theory and materials properties. Design electronic circuits and components for use in fields such as telecommunications, aerospace guidance and propulsion control, acoustics, or instruments and controls.

Stock Rocket // Shutterstock

#36. Sales representatives, wholesale and manufacturing, technical and scientific products

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $95,350

– #104 highest pay among all metros

– Employment: 3,480

National

– Annual mean salary: $99,680

– Employment: 288,150

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Rochester, NY ($150,650)

— San Jose-Sunnyvale-Santa Clara, CA ($143,850)

— Battle Creek, MI ($141,310)

– Job description: Sell goods for wholesalers or manufacturers where technical or scientific knowledge is required in such areas as biology, engineering, chemistry, and electronics, normally obtained from at least 2 years of postsecondary education.

Flamingo Images // Shutterstock

#35. Credit analysts

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $97,400

– #16 highest pay among all metros

– Employment: 1,630

National

– Annual mean salary: $86,170

– Employment: 72,090

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Danbury, CT ($126,820)

— New York-Newark-Jersey City, NY-NJ-PA ($122,540)

— Lakeland-Winter Haven, FL ($119,980)

– Job description: Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decisionmaking.

PR Image Factory // Shutterstock

#34. Operations research analysts

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $98,080

– #23 highest pay among all metros

– Employment: 1,850

National

– Annual mean salary: $92,280

– Employment: 96,220

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($146,830)

— Salinas, CA ($124,950)

— Santa Maria-Santa Barbara, CA ($123,370)

– Job description: Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decisionmaking, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, services, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.

SeventyFour // Shutterstock

#33. Computer hardware engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $98,190

– #82 highest pay among all metros

– Employment: 300

National

– Annual mean salary: $126,140

– Employment: 64,710

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($179,570)

— Seattle-Tacoma-Bellevue, WA ($171,540)

— Boston-Cambridge-Nashua, MA-NH ($153,780)

– Job description: Research, design, develop, or test computer or computer-related equipment for commercial, industrial, military, or scientific use. May supervise the manufacturing and installation of computer or computer-related equipment and components.

Freedom Studio // Shutterstock

#32. Directors, religious activities and education

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $98,950

– #2 highest pay among all metros

– Employment: 60

National

– Annual mean salary: $52,660

– Employment: 19,860

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Austin-Round Rock, TX ($102,190)

— Charlotte-Concord-Gastonia, NC-SC ($98,950)

— Seattle-Tacoma-Bellevue, WA ($79,280)

– Job description: Coordinate or design programs and conduct outreach to promote the religious education or activities of a denominational group. May provide counseling, guidance, and leadership relative to marital, health, financial, and religious problems.

Canva

#31. Computer systems analysts

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $99,860

– #37 highest pay among all metros

– Employment: 11,390

National

– Annual mean salary: $99,020

– Employment: 574,450

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($133,970)

— San Francisco-Oakland-Hayward, CA ($125,350)

— Houston-The Woodlands-Sugar Land, TX ($124,070)

– Job description: Analyze science, engineering, business, and other data processing problems to develop and implement solutions to complex applications problems, system administration issues, or network concerns. Perform systems management and integration functions, improve existing computer systems, and review computer system capabilities, workflow, and schedule limitations. May analyze or recommend commercially available software.

Canva

#30. Electrical engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $100,820

– #111 highest pay among all metros

– Employment: 1,640

National

– Annual mean salary: $105,990

– Employment: 185,220

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($150,480)

— Washington-Arlington-Alexandria, DC-VA-MD-WV ($130,150)

— Idaho Falls, ID ($125,700)

– Job description: Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems for commercial, industrial, military, or scientific use.

PIYAWAT WONGOPASS // Shutterstock

#29. Computer programmers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $101,480

– #22 highest pay among all metros

– Employment: 1,410

National

– Annual mean salary: $95,640

– Employment: 178,140

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Francisco-Oakland-Hayward, CA ($125,420)

— Midland, TX ($119,390)

— San Jose-Sunnyvale-Santa Clara, CA ($113,530)

– Job description: Create, modify, and test the code and scripts that allow computer applications to run. Work from specifications drawn up by software and web developers or other individuals. May develop and write computer programs to store, locate, and retrieve specific documents, data, and information.

Roman Samborskyi // Shutterstock

#28. Software developers and software quality assurance analysts and testers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $104,750

– #90 highest pay among all metros

– Employment: 15,070

National

– Annual mean salary: $114,270

– Employment: 1,476,800

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($157,480)

— San Francisco-Oakland-Hayward, CA ($144,740)

— Seattle-Tacoma-Bellevue, WA ($140,930)

– Job description: Research, design, and develop computer and network software or specialized utility programs. Analyze user needs and develop software solutions, applying principles and techniques of computer science, engineering, and mathematical analysis. Update software or enhance existing software capabilities. May work with computer hardware engineers to integrate hardware and software systems, and develop specifications and performance requirements. May maintain databases within an application area, working individually or coordinating database development as part of a team.

rawpixel.com // Shutterstock

#27. Securities, commodities, and financial services sales agents

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $105,790

– #15 highest pay among all metros

– Employment: 7,340

National

– Annual mean salary: $96,540

– Employment: 440,300

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— New York-Newark-Jersey City, NY-NJ-PA ($156,380)

— Bridgeport-Stamford-Norwalk, CT ($155,340)

— Missoula, MT ($122,420)

– Job description: Buy and sell securities or commodities in investment and trading firms, or provide financial services to businesses and individuals. May advise customers about stocks, bonds, mutual funds, commodities, and market conditions.

EU2017EE // Flickr

#26. Information security analysts

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $106,420

– #44 highest pay among all metros

– Employment: 3,680

National

– Annual mean salary: $107,580

– Employment: 138,000

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($147,160)

— San Francisco-Oakland-Hayward, CA ($136,910)

— Idaho Falls, ID ($130,620)

– Job description: Plan, implement, upgrade, or monitor security measures for the protection of computer networks and information. Assess system vulnerabilities for security risks and propose and implement risk mitigation strategies. May ensure appropriate security controls are in place that will safeguard digital files and vital electronic infrastructure. May respond to computer security breaches and viruses.

TaLaNoVa // Shutterstock

#25. Sales engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $106,470

– #58 highest pay among all metros

– Employment: 1,100

National

– Annual mean salary: $117,270

– Employment: 63,780

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Durham-Chapel Hill, NC ($163,860)

— Milwaukee-Waukesha-West Allis, WI ($158,140)

— Dover-Durham, NH-ME ($155,490)

– Job description: Sell business goods or services, the selling of which requires a technical background equivalent to a baccalaureate degree in engineering.

fizkes // Shutterstock

#24. Management analysts

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $106,510

– #33 highest pay among all metros

– Employment: 9,070

National

– Annual mean salary: $97,580

– Employment: 734,000

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Dothan, AL ($163,720)

— Barnstable Town, MA ($157,490)

— Bridgeport-Stamford-Norwalk, CT ($135,250)

– Job description: Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.

Jacob L. // Shutterstock

#23. Database administrators and architects

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $107,480

– #15 highest pay among all metros

– Employment: 1,890

National

– Annual mean salary: $101,090

– Employment: 133,630

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($143,340)

— Trenton, NJ ($126,540)

— Seattle-Tacoma-Bellevue, WA ($120,430)

– Job description: Administer, test, and implement computer databases, applying knowledge of database management systems. Coordinate changes to computer databases. Identify, investigate, and resolve database performance issues, database capacity, and database scalability. May plan, coordinate, and implement security measures to safeguard computer databases.

Monkey Business Images // Shutterstock

#22. Medical and health services managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $109,230

– #192 highest pay among all metros

– Employment: 2,210

National

– Annual mean salary: $118,800

– Employment: 402,540

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Vallejo-Fairfield, CA ($174,010)

— Santa Cruz-Watsonville, CA ($171,430)

— Madera, CA ($168,090)

– Job description: Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

Sunshine Seeds // Shutterstock

#21. Industrial production managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $111,800

– #189 highest pay among all metros

– Employment: 1,590

National

– Annual mean salary: $118,190

– Employment: 179,570

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— New Orleans-Metairie, LA ($171,890)

— Florence, SC ($167,660)

— Santa Maria-Santa Barbara, CA ($155,320)

– Job description: Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

IAEA Imagebank // Flickr

#20. Nuclear engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $112,530

– #13 highest pay among all metros

– Employment: 340

National

– Annual mean salary: $125,130

– Employment: 15,700

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Boston-Cambridge-Nashua, MA-NH ($140,060)

— Idaho Falls, ID ($139,530)

— Los Angeles-Long Beach-Anaheim, CA ($136,680)

– Job description: Conduct research on nuclear engineering projects or apply principles and theory of nuclear science to problems concerned with release, control, and use of nuclear energy and nuclear waste disposal.

IBM Research // Flickr

#19. Computer network architects

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $115,110

– #56 highest pay among all metros

– Employment: 2,010

National

– Annual mean salary: $119,230

– Employment: 159,350

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($161,950)

— Dover-Durham, NH-ME ($152,060)

— San Francisco-Oakland-Hayward, CA ($148,250)

– Job description: Design and implement computer and information networks, such as local area networks (LAN), wide area networks (WAN), intranets, extranets, and other data communications networks. Perform network modeling, analysis, and planning, including analysis of capacity needs for network infrastructures. May also design network and computer security measures. May research and recommend network and data communications hardware and software.

Bradley Evans // U.S. Navy

#18. Chemical engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $116,670

– #28 highest pay among all metros

– Employment: 300

National

– Annual mean salary: $114,820

– Employment: 25,770

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Midland, TX ($158,110)

— Houston-The Woodlands-Sugar Land, TX ($147,310)

— Beaumont-Port Arthur, TX ($140,750)

– Job description: Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

USACE NY // Flickr

#17. Construction managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $116,780

– #43 highest pay among all metros

– Employment: 5,030

National

– Annual mean salary: $107,260

– Employment: 285,640

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Napa, CA ($161,780)

— Atlantic City-Hammonton, NJ ($154,800)

— New York-Newark-Jersey City, NY-NJ-PA ($153,490)

– Job description: Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

rawpixel.com // Shutterstock

#16. Art directors

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $118,610

– #9 highest pay among all metros

– Employment: 80

National

– Annual mean salary: $114,490

– Employment: 40,950

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Los Angeles-Long Beach-Anaheim, CA ($147,070)

— San Francisco-Oakland-Hayward, CA ($144,660)

— New York-Newark-Jersey City, NY-NJ-PA ($142,260)

– Job description: Formulate design concepts and presentation approaches for visual productions and media, such as print, broadcasting, video, and film. Direct workers engaged in artwork or layout design.

Canva

#15. Airline pilots, copilots, and flight engineers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $120,210

– #24 highest pay among all metros

– Employment: 2,700

National

– Annual mean salary: $186,870

– Employment: 83,550

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Detroit-Warren-Dearborn, MI ($259,010)

— Naples-Immokalee-Marco Island, FL ($254,640)

— San Francisco-Oakland-Hayward, CA ($252,430)

– Job description: Pilot and navigate the flight of fixed-wing aircraft, usually on scheduled air carrier routes, for the transport of passengers and cargo. Requires Federal Air Transport certificate and rating for specific aircraft type used. Includes regional, national, and international airline pilots and flight instructors of airline pilots.

rawpixel.com // Shutterstock

#14. Purchasing managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $125,820

– #63 highest pay among all metros

– Employment: 850

National

– Annual mean salary: $132,660

– Employment: 70,960

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Fayetteville-Springdale-Rogers, AR-MO ($181,240)

— New York-Newark-Jersey City, NY-NJ-PA ($172,300)

— Morgantown, WV ($167,740)

– Job description: Plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.

rawpixel.com // Shutterstock

#13. Training and development managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $128,360

– #29 highest pay among all metros

– Employment: 460

National

– Annual mean salary: $125,920

– Employment: 38,710

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— New York-Newark-Jersey City, NY-NJ-PA ($178,590)

— San Jose-Sunnyvale-Santa Clara, CA ($167,570)

— San Francisco-Oakland-Hayward, CA ($166,750)

– Job description: Plan, direct, or coordinate the training and development activities and staff of an organization.

Pixabay

#12. Advertising and promotions managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $128,500

– #25 highest pay among all metros

– Employment: 100

National

– Annual mean salary: $147,560

– Employment: 22,490

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Boulder, CO ($220,420)

— New York-Newark-Jersey City, NY-NJ-PA ($185,490)

— San Francisco-Oakland-Hayward, CA ($181,540)

– Job description: Plan, direct, or coordinate advertising policies and programs or produce collateral materials, such as posters, contests, coupons, or giveaways, to create extra interest in the purchase of a product or service for a department, an entire organization, or on an account basis.

NTNU // Flickr

#11. Natural sciences managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $129,450

– #60 highest pay among all metros

– Employment: 170

National

– Annual mean salary: $154,930

– Employment: 75,870

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Francisco-Oakland-Hayward, CA ($221,460)

— Fayetteville-Springdale-Rogers, AR-MO ($214,020)

— San Jose-Sunnyvale-Santa Clara, CA ($205,120)

– Job description: Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

Pixabay

#10. General and operations managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $134,020

– #42 highest pay among all metros

– Employment: 18,860

National

– Annual mean salary: $125,740

– Employment: 2,347,420

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Bridgeport-Stamford-Norwalk, CT ($183,170)

— San Jose-Sunnyvale-Santa Clara, CA ($175,990)

— New York-Newark-Jersey City, NY-NJ-PA ($172,370)

– Job description: Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

Jacob L. // Shutterstock

#9. Human resources managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $144,860

– #24 highest pay among all metros

– Employment: 1,380

National

– Annual mean salary: $134,580

– Employment: 156,600

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Bridgeport-Stamford-Norwalk, CT ($194,040)

— San Jose-Sunnyvale-Santa Clara, CA ($183,890)

— New York-Newark-Jersey City, NY-NJ-PA ($179,870)

– Job description: Plan, direct, or coordinate human resources activities and staff of an organization.

Financial Times // Wikimedia Commons

#8. Personal financial advisors

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $146,650

– #29 highest pay among all metros

– Employment: 3,460

National

– Annual mean salary: $122,490

– Employment: 218,050

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Gainesville, FL ($206,120)

— New York-Newark-Jersey City, NY-NJ-PA ($169,850)

— Tyler, TX ($169,690)

– Job description: Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients’ assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

Pixabay

#7. Architectural and engineering managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $148,240

– #94 highest pay among all metros

– Employment: 1,600

National

– Annual mean salary: $158,100

– Employment: 195,900

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($226,920)

— Amarillo, TX ($199,940)

— Naples-Immokalee-Marco Island, FL ($198,610)

– Job description: Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

TopRank Online Marketing // Flickr

#6. Marketing managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $150,110

– #50 highest pay among all metros

– Employment: 2,640

National

– Annual mean salary: $154,470

– Employment: 270,200

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Santa Cruz-Watsonville, CA ($213,180)

— San Jose-Sunnyvale-Santa Clara, CA ($211,210)

— San Francisco-Oakland-Hayward, CA ($196,260)

– Job description: Plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm’s profits or share of the market while ensuring the firm’s customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.

Almonroth // Wikimedia Commons

#5. Computer and information systems managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $152,920

– #44 highest pay among all metros

– Employment: 6,080

National

– Annual mean salary: $161,730

– Employment: 457,290

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($235,040)

— San Francisco-Oakland-Hayward, CA ($212,480)

— New York-Newark-Jersey City, NY-NJ-PA ($201,320)

– Job description: Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

Canva

#4. Sales managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $155,960

– #28 highest pay among all metros

– Employment: 3,070

National

– Annual mean salary: $147,580

– Employment: 390,170

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— San Jose-Sunnyvale-Santa Clara, CA ($207,070)

— New York-Newark-Jersey City, NY-NJ-PA ($202,700)

— Trenton, NJ ($186,960)

– Job description: Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

dokurose // Shutterstock

#3. Actuaries

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $156,910

– #1 highest pay among all metros

– Employment: 440

National

– Annual mean salary: $123,180

– Employment: 22,480

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Charlotte-Concord-Gastonia, NC-SC ($156,910)

— New York-Newark-Jersey City, NY-NJ-PA ($148,230)

— San Antonio-New Braunfels, TX ($142,550)

– Job description: Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Canva

#2. Financial managers

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $174,110

– #8 highest pay among all metros

– Employment: 7,370

National

– Annual mean salary: $151,510

– Employment: 653,080

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— New York-Newark-Jersey City, NY-NJ-PA ($214,670)

— Bridgeport-Stamford-Norwalk, CT ($210,180)

— San Jose-Sunnyvale-Santa Clara, CA ($192,310)

– Job description: Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

Maurizio Pesce // flickr

#1. Chief executives

Charlotte-Concord-Gastonia, NC-SC

– Annual mean salary: $257,520

– #8 highest pay among all metros

– Employment: 1,240

National

– Annual mean salary: $197,840

– Employment: 202,360

– Entry level education requirements: Bachelor’s degree

– Metros with highest average pay:

— Bridgeport-Stamford-Norwalk, CT ($293,000)

— Midland, TX ($269,360)

— Sioux Falls, SD ($263,770)

– Job description: Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

December 27, 2021

The best paying jobs in finance

For most financial services firms in banking and asset management, 2021 will be close to a record year. But the extent of the past year’s bounty depends on which department you worked in. A big theme throughout the year has been the industry’s attempts to recruit and retain junior talent, particularly at banks where, in the words of an associate at a big investment bank, “I’ve been working non-stop for the last 18 months.”

Banks, hedge funds and private equity firms have responded by hiking pay and despite the workload and pressures, the financial services sector remains an attractive one to work in going into 2021, providing some of the highest paid positions for new graduate applicants.

So which jobs pay the most when you’re starting out?

Hedge fund, entry level, $167k-350k (£124-261k)

Hedge funds are increasingly keen on developing talent in-house but they still prefer to hire people with two- or three years’ experience. According to Wall Street Oasis, for those who do join as an undergraduate, there’s a big variation in pay depending on performance, culture, the manager, and much more. Typically, base compensation is anywhere from $70k-100k with a 0-100{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} bonus. A junior analyst with two years of experience after university can command a base salary of between $100K and $150k, with a bonus of up to 100{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} on top of that. eFinancialCareers’ own salary and bonus survey suggests average total compensation for an analyst in a hedge fund is $284k.

Private equity analyst, $117k (£87k)

The best way to get into private equity is still through the analyst program at an investment bank, because private equity firms know they are getting the best-trained talent. Some PE firms have started offering their own graduate programs, although that tends to be limited to the biggest firms like Blackstone. Private equity salaries remain robust, and 2021 will be a big year for private equity as funds race to deploy capital on deals. eFinancialCareers’ salary survey suggests that total compensation for an analyst at a big private equity fund typically starts around $85k, rising to $167k for an associate. In the UK, starting salaries for analysts and associates range from £50k to 55k at the smaller firms to £65 to £85k at the big firms.

Private equity firms have boosted their salaries in 2021, taking their lead from banks. But private equity firms are a bigger draw for junior bankers because they offer shorter working hours and also the prospect of carried interest (“carry”), which is earned from the profits that are made on the LP’s original investment, and is typically 20{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}. But carry is earned by deal originators, and can take 10 to 15 years to rise to that level.

Sales and trading, investment bank, $110-145k+ (£82k-108k+)

In 2021, sales and trading divisions failed to match 2020’s bumper revenues, which were boosted by record levels of volatility at the height of the pandemic. Unfortunately, 2020’s boom didn’t necessarily translate into record bonuses as banks were urged to show restraint – and now it seems that fixed income traders (at least) will have their bonuses cut in 2021.

Pay in sales and trading can be difficult to predict though, even at a junior level. Bonuses here vary considearbly depending on performance, which can fluctuate wildly. An analyst at a big investment bank working on a desk that did well can earn total compensation of around $145K at the top end. Away from the investment banks, traders at hedge funds can earn more – or much less, as base salaries tend to be lower.

Investment banking division, first year analyst, up to $120k (£90K) salary plus a bonus

Since the onset of the Covid-19 pandemic, corporate finance activity has been running at record levels. In 2020, capital markets bankers were the best paid but in 2021 it’s all been about mergers and acquisitions (M&A) and initial public offerings (IPOs), with both running at or near record levels. People working in M&A, equity capital markets (ECM) and debt capital markets (DCM) are said to work in the investment banking division (IBD).

The pandemic-induced boom led to grueling hours and exposed labour shortages in the engine rooms of all banks, which responded by raising both fixed and variable pay (salaries and bonuses). According to London recruitment firm Dartmouth Partners, every big bank has increased base salaries by between £5K and £15K across the analyst class. “Not only that, buy many analysts have also been paid higher bonuses this year (with the sole exception of UBS, which this year moved to a two-part bonus payment six months apart, and these increases have been well-received by analysts,” Dartmouth said.

Our eFinancialCareers salary and bonus survey puts average analyst compensation in London at £88k when salaries and bonuses are factored in. However, top performing analysts can receive a lot more. In the U.S., the average is $141k.

Quantitative risk analyst, $70-100k (£52-£75k)

Risk management salaries within investment banking and the broader financial services market have been on the up in recent years, although at the junior end, however, quantitative risk analysis is in danger of becoming commoditised. It is still a well-paid job, however. Our salary and bonus survey says that first year analysts in quant jobs – many of which are quant risk jobs – earn an average of $78k (£59k).

Regulatory reporting accountant, newly-qualified, $92k (£74k)

“Entry level” for accounting jobs tends to correspond to “newly qualified”, so it depends on whether you consider the first three years of an accountancy career to be work experience or the equivalent of a postgraduate qualification. Starting salaries for accountants vary depending on the location, sector, size and type of firm. The average starting salary for a graduate in accounting and professional service in the UK is £31k, according to the Institute of Chartered Accountants for England and Wales (ICAEW). The global average salary for a newly-qualified ICAEW chartered accountant with up to two years experience is £51k, while £132k is the average global ICAEW member salary for those working in business. But in financial services, this is much higher. Qualified regulatory reporting accountants start on salaries of at £60K.

Internal auditor, financial services, $81k (£61K)

Accountants are in demand as internal auditors at the biggest banks. In New York, our own salary and bonus survey suggests entry level pay for accountants in banks is around $81k.

Private banking analyst, New York, $94k (£70k)

Demand for private banking talent has rocketed as banks woo rich individuals with assets to invest. Market leaders Credit Suisse and UBS are continuing to allocate more capital to these businesses, while banks from HSBC to Deutsche are looking to expand their presence as they respond to the growing global pools of private capital being raised. Analysts salaries start at $94K in New York, according to Glass Door, while in London they range from £40K to £80K.

Compliance, product advisory, $55-79k (£41-60k)

Starting salaries for middle office employees like those in compliance have generally lagged those in the front office, but they remain stable and banks are continuing to beef up their control functions. In London, our salary and bonus survey suggests that by the time you reach your second year in a compliance job you can expect to earn around £53k in total.

Actuary, $85-150k (£65-120k)

The path to becoming an actuary is a grueling one, with training typically taking anything from three to six years. People who become actuaries are usually some of best and brightest mathematics graduates. Starting salaries are relatively modest, in the range of £34k to £36k, but they rise every time you pass an exam.

Algorithmic trading, $550k

Lastly, and as we’ve noted a lot before, the very best paying junior jobs in finance are for technologists and traders at electronic market making firms like Jane Street, Citadel Securities and G-Research. Jane Street’s 2020 graduate hires straight from college were paid up to $550k (£387k), including a $200k annual base salary, a $100k sign-on bonus, and a $100k-$150k guaranteed performance bonus.

These jobs are not easy to get into. Jane Street likes to hire mathematicians who graduated top of their year at Cambridge University.

Download our full salary and bonus survey here.

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

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Photo by Mathieu Stern on Unsplash

October 31, 2021

Over 70 Travel Insurance, Here’s How to Avoid Paying Too Much

In a lot of strategies, later on existence is the great time to take a look at the entire world. You have extra time on your fingers. Fewer duties with get the job done and family. Maybe even more disposable profits than you experienced when you were young. At least far more flexibility to invest your income on on your own. And however it is not unusual to hear of senior citizens staying place off abroad travel by one particular thing in individual: the higher price tag of more than 70 travel insurance policies.

When you appear at the figures, it is not hard to understand why. Right after the age of 70, journey insurance rates can boost by as a lot as 50{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} per year. There are tales of pensioners currently being quoted a lot more than the expense of a 4-figure vacation just to insure on their own for it. But why? And how can you keep away from having to pay far too a lot? Let us uncover out…

Photograph, KBO Bicycle.

Why do above 70s get billed so significantly for insurance?

It shocks most people today that insurance plan rates can be hiked up so substantially on the basis of age alone. In actuality, the coverage market is one particular of the pretty couple that is exempt from age discrimination rules. This signifies that vendors are allowed to cost much more just since a client is older.

The reason they allow for this is that, from an insurer’s point of view, the older you are, the much more of a possibility you depict. More mature travellers are far more most likely to make a declare, in particular for professional medical cure. Clinical address is the most valuable aspect of a journey insurance plan policy, commonly really worth nearly anything amongst £2 million and £5 million or greater. That demonstrates the point that health-related therapy billed at non-public prices for overseas people is extremely highly-priced.

Insurance policy companies are pretty conscious of the degree of economical danger they just take on when covering individuals for professional medical charges abroad. Anything they see as growing that threat, this sort of as people’s age, they reserve the proper to charge a lot more for about 70 vacation coverage.

One more aspect listed here is any fundamental overall health ailments you may have. Once again, from an insurer’s viewpoint, a health care situation raises the likelihood of you needing healthcare help though abroad. They, as a result, hike up premiums for pre-existing medical conditions. And as older folks are more likely to dwell with these circumstances, the bigger charges disproportionately have an affect on older travellers.

Photo, Ravi Patel.

How to minimise journey insurance fees the moment you attain 70

The way vacation insurance policies suppliers band people today by age, selling price raises commence to come in all around 55. Even so, they seriously get started to ramp up just after 70. This can be very frustrating for people today who instantly uncover they merely can’t afford the prices they get. Sometimes they will refuse cover all together, as some providers impose age caps.

The excellent news is that not all vendors are searching to hike up charges for about 70s as considerably as they will go. Some essentially recognise senior travellers as an critical and profitable marketplace. They therefore establish their business enterprise model all over catering to their wants. At rates which, when nonetheless bigger than what beneath 50s can get journey coverage for, are nevertheless at the very least fair and acceptable.

The initially suggestion for locating affordable journey insurance just after the age of 70, then, is to look beyond mainstream providers. Analysis experts in senior vacation insurance policy. With the world wide web, this is a uncomplicated activity and there are additional suppliers out there who will cater for your requirements than you may well anticipate.

The same applies if you have a pre-present health-related condition. Some insurance coverage organizations, frequently the very same ones that specialise in address for in excess of 70s, will offer procedures with a medical routine customized to your precise demands. You can see extra listed here.

Photograph, Jeff Sheldon.

Think about your price range

There are some other matters you can do not only to handle the prices of vacation insurance policies but also to get the most effective feasible go over for your demands. A great starting off issue is to set by yourself a spending plan for what you can realistically afford. To do this, without essentially wanting in element at any policies, take a look at a handful of above 70 travel insurance plan specialists. You can get a guideline value for your age and/or any clinical problems. You can use this to set a workable optimum that you really don’t want to go in excess of.

With a budget in head, you can begin to seem in bigger depth at what is out there at this rate. This is the place there is no substitute for looking at the plan smaller print. You may possibly find you can get a larger stage of defense than you had been anticipating for your spending plan.

Remember, vacation insurance doesn’t have to be a race to the most inexpensive deal achievable. It’s significant to get worth in the kind of peace of intellect, much too. This is specifically important in the current local climate where COVID cancellations and so on are substantial chance.

Lastly, despite the fact that the world-wide-web is a great resource for obtaining and comparing diverse providers and their insurance policies, often there is no substitute for selecting up the telephone and talking to another person. After you have a listing of price ranges and particulars of what you can get for your income, contacting a profits team immediately lets you do a few of points.

To start with, you get skilled assistance. You may well properly discover that a somewhat different coverage greater satisfies your requires. Or there could be a improved deal offered. Next, by quoting charges from rival suppliers, you will normally locate businesses lower their costs to safe your tailor made.