Insurance graduates earn $88,472 four years out. The middle 50% of earners fall between $65,734 and $112,764. Where you land depends on specialization, employer, and how far you advance in the field.
Insurance is a focused area of study within Business. Graduates typically earn around $88,472 four years out, a strong return for a focused credential. The program is available at 106 colleges across the U.S., from community colleges to research universities. About 2,334 students complete this program each year, most earning a bachelor's. The curriculum blends analytical and applied coursework aimed at the workplace.
Median Earnings · 1yr
$55,819
Median Earnings · 4yr
$88,472
Colleges Offering
106
Graduates / Year
2,334
Avg Net Price / yr
$20,839
How Much Do Insurance Graduates Earn?
Insurance graduates earn $88,472 four years out, well above average for college graduates. The middle 50% of earners fall between $65,734 and $112,764. Earnings typically jump significantly in the first few years. The one-year figure of $55,819 climbs to $88,472 by year four.
$55,819
1 Year After Graduation
Starting salaries only. Earnings in this field grow substantially in the first 3 to 5 years.
$88,472
4-Year National Median
Well above average for college graduates.
$89,343
4-Year Institutional Median
Median of per-school medians. Each reporting college counts equally, regardless of size.
Earnings Range
There is a wide earnings spread across Insurance graduates. Industry and seniority explain most of the spread. Finance, consulting, and strategy roles pull the top end up; operations and administrative roles sit at the bottom.
$65,73425th pct.
$88,472Median
$112,76475th pct.
Why This Program Pays Off Fast
Strong ROI. At median 4-year earnings of $88,472 against an estimated $83,356 four-year net cost, most graduates break even against baseline wages in under two years.
Based on outcomes from 60 schools.
Colleges with fewer than 30 graduates are excluded from national averages.
Who Studies This? Credential Breakdown
Of the 2,334 students who complete Insurance programs each year, the majority (90%) earn a bachelor's degree.
The breakdown below shows the full credential distribution.
90%
Bachelor's90%
Master's7%
Post-Bacc Cert.2%
What Can You Do With an Insurance Degree?
Insurance connects to 7 occupations in the job market. Compensation and Benefits Managers leads at $149,230/yr median. Expand any card to see daily responsibilities, in-demand skills, and 10-year growth projections.
Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.
Prepare and deliver lectures to undergraduate or graduate students on topics such as financial accounting, principles of marketing, and operations management.
Evaluate and grade students' class work, assignments, and papers.
Initiate, facilitate, and moderate classroom discussions.
Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.
Evaluate practicality of repair as opposed to payment of market value of vehicle before accident.
Review repair cost estimates with automobile repair shop to secure agreement on cost of repairs.
Examine damaged vehicle to determine extent of structural, body, mechanical, electrical, or interior damage.
Conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
Administer employee insurance, pension, and savings plans, working with insurance brokers and plan carriers.
Ensure company compliance with federal and state laws, including reporting requirements.
Research employee benefit and health and safety practices, and recommend changes or modifications to existing policies.
High school diploma or equivalent21,100 openings/yr324K employed nationally
Reading ComprehensionActive ListeningCritical ThinkingSpeakingJudgment and Decision Making
Day-to-day responsibilities
Review settled claims to determine that payments and settlements are made in accordance with company practices and procedures. Confer with legal counsel on claims requiring litigation. May also settle insurance claims.
Examine claims forms and other records to determine insurance coverage.
Analyze information gathered by investigation and report findings and recommendations.
Pay and process claims within designated authority level.
Sell life, property, casualty, health, automotive, or other types of insurance. May refer clients to independent brokers, work as an independent broker, or be employed by an insurance company.
Customize insurance programs to suit individual customers, often covering a variety of risks.
Sell various types of insurance policies to businesses and individuals on behalf of insurance companies, including automobile, fire, life, property, medical and dental insurance, or specialized policies, such as marine, farm/crop, and medical malpractice.
Explain features, advantages, and disadvantages of various policies to promote sale of insurance plans.
Top Colleges for Insurance
The 20 colleges below are ranked by how many Insurance students they graduate each year. Scroll right to compare acceptance rate, net price, and median earnings side by side.
Decide with data, not guesswork. These tools turn the numbers on this page
into a personal plan. Estimate the real cost of a Insurance program, compare colleges side-by-side, weigh the long-term payoff, and find
schools that match your profile.
Strong earnings and positive career growth make Insurance a solid option. The 4 strengths and 2 trade-offs below are data-sourced from College Scorecard, BLS, and IPEDS.
PROS
Strong median salaryGraduates earn $88,472 nationally four years out, placing this field above most degree programs in the country.
Strong salary growthMedian earnings climb from $55,819 at graduation to $88,472 four years later, a clear sign of career momentum in this field.
Positive job outlookRelated careers project up to +5.7% job growth over the next 10 years, a solid signal for long-term demand.
Strong hiring volumeRelated occupations generate more than 94,900 job openings per year combined, creating consistent demand for graduates.
CONS
Advanced degree often expectedTop roles in this field typically expect a master's degree or higher. A bachelor's may be a starting point rather than a terminal credential for the most competitive positions.
Declining roles in some areas3 related careers show negative 10-year employment projections. Research specific roles before committing.
Insurance Degree: Frequently Asked Questions
How much do Insurance graduates earn?
Insurance graduates earn a national median of $88,472 four years after completing their program. The middle 50% of earners fall between $65,734 and $112,764. Where you land typically depends on employer, role, and location.
What is the starting salary for a Insurance degree?
One year after graduation, Insurance degree holders earn a median of $55,819. That climbs to $88,472 four years out. The biggest salary jumps typically come once you move past entry-level roles.
What jobs can you get with a Insurance degree?
Insurance degree holders pursue careers including Compensation and Benefits Managers, which pays a median of $149,230/yr. Scroll down to the Career Paths section to see wages and job growth projections for every related occupation.
How long does a Insurance program take?
A Insurance bachelor's degree typically takes four years of full-time study. Community colleges offer associate programs in two years for students who want a faster path into the workforce.
How many colleges offer Insurance?
106 colleges and universities in the United States offer Insurance programs. Options range from community colleges with certificates and associate degrees to research universities with doctoral tracks.
Is a Insurance degree worth it?
With a median 4-year salary of $88,472 and an average net price of roughly $20,839/yr, a Insurance degree can pay off well, especially at lower-cost schools and in high-demand roles. Use the Top Colleges section below to compare specific programs before deciding.
What is the difference between Insurance and Business?
Insurance is a focused concentration within the broader Business field. The Business major covers the full discipline; this program narrows the curriculum to Insurance-specific courses, skills, and career tracks. If you already know this is the direction you want, the specialized program gives you a more targeted credential.
What skills do employers look for in Insurance graduates?
Employers hiring Insurance graduates consistently prioritize financial analysis, communication, project management, and strategic thinking. Internship experience and proficiency in tools like Excel, SQL, or business software tend to set candidates apart.
Is graduate school worth it for Insurance graduates?
An MBA or specialized master's can boost earnings and open paths to management and strategy roles. ROI is strongest at selective programs with strong recruiting pipelines. The right answer depends on your career goals, program cost, and whether your target role explicitly rewards an advanced credential.
What is the job outlook for Insurance graduates?
The job outlook for Insurance graduates is slow overall. Related occupations project an average of -0.1% job growth over the next 10 years. Business Teachers is among the strongest-growth roles at +5.7%. Growth varies by role and location, so check the Career Paths section for projections on each specific occupation.
Related Business Programs
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H
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