Working in the financing sector includes managing finances, recording transactions, and handling documents. According to the US Bureau of Labor Statistics report, finance and insurance jobs in the country are expected to grow by 7% by 2031. If you’re seeking a career in this sector, you can look for finance and insurance courses to be eligible for a finance-related job. Read on to explore some prominent areas in this sector.

Types of finance and insurance jobs
The ever-growing field of finance and insurance always has several job profiles. Here is a list of various types of finance and insurance jobs.

• Accountants and auditors
  This is the most desired post when pursuing a finance degree. An accountant or an auditor is supposed to examine financial records. Once the financial statements are prepared, they review them to look for discrepancies. They earn a median salary of around $77,250.
• Analysts
  There are various types of analysts working in this industry. The multiple options available are – budget analysts, job analysts, financial analysts, management analysts, and market research analysts. As the name suggests, the employee analyzes the finances and guides the businesses based on financial forecasts.
• Human resource specialists
  An HR deals with hiring new talent through screening and interviews. He/she also handles the employees’ wage rate, benefits, leaves, and training programs.
• Financial advisors
  A financial advisor earns an average annual salary of about $94,170. With a good amount of work experience, financial advisors hold a specialization in their field. The specialist advises businesses on their decisions based on past and present market situations.
• Loan officers
  Earning a median salary of $63,380, a loan officer evaluates and approves loan applications based on collaterals and other documents.
• Revenue agents
  A financing company manages the taxes of its customers, but it also has to manage its taxes. This is what a revenue agent does. He determines the taxes a company owes and the taxes employees should pay.
• Other jobs
  It is a never-ending list of finance and insurance types because the requirements are endless. Other job roles include claim adjusters, cost estimators, insurance underwriters, logisticians, and legal advisors.

Prominent companies in finance and insurance

• Berkshire Hathaway
  Berkshire Hathaway has a market capitalization of $714 million. It is the largest finance and insurance company in the world.
• JP Morgan Chase
  JP Morgan is one of the oldest financial and insurance companies in the country. It has over 40 subsidiaries. The company has a strong 250,000-employee base.
• Wells Fargo
  Wells Fargo was founded in 1852 in California. The company provides finance and insurance services related to banking, mortgages, loan, and credit card.
• Morgan Stanley
  Morgan Stanley was split from JP Morgan in 1935. It works in investment management, wealth management, and institutional securities.
• Cigna
  Cigna is an insurance company with both healthcare and non-healthcare branches. It has a variety range of jobs in the financial sector.

With a recognized degree and required work experience, you can opt for finance and insurance jobs. You must choose the most suited type of job for you and apply to multiple companies for that position. This will increase the probability of your selection.