| View Related Salaries: |
What does a Financial Services Sales Agent earn?
Financial services sales agents are responsible for selling products such as insurance and investment products to clients. On average, they earn around £33,400 per year in the UK. They are typically expected to build relationships with customers, analyse their financial needs and recommend financial products that suit them. They must be up-to-date with the latest financial regulations and laws. Financial services sales agents commonly work for banks and insurance companies, as well as independent brokers and financial advisors.
How to earn more as a Financial Services Sales Agent
"To become a Financial Services Sales Agent, you will need qualifications such as a Certificate in Financial Services. Alternatively, you may gain relevant experience and take qualification exams such as the Financial Services Authority's Common Examination. To increase your earnings, you could move into a particular specialism, become a manager of a financial firm, or become self-employed. Some of the top Financial Services Sales Agents make over £75,000 a year."
Min: £290.00 Max: £75,000.00
Average Financial Services Sales Agent Salary in UK : £33,353.17
Read about Financial Services Sales Agent salaries, related jobs and salary information across the UK
Financial Services Sales Agent Salary data from the ONS
Minimum
Median
Maximum
Age Group
Recommended Financial Services Sales Agent Jobs in UK
Average Salary for Financial Services Sales Agent compared to similar jobs
Related Jobs
View salaries for similar jobs.
| Job Title | UK Average |
|---|---|
| Trade Finance Supervisor Salary in UK | £32,794.28 |
| Securities and Commodities Trader Salary in UK | £36,289.42 |
| Private Banker Salary in UK | £38,951.59 |
| Portfolio Manager Salary in UK | £39,313.15 |
| Risk Officer Salary in UK | £40,710.72 |
| Financial Specialist Salary in UK | £45,609.24 |
| Branch Investment Manager Salary in UK | £46,167.77 |
| Fund Administrator Salary in UK | £50,008.30 |
| Investment Manager Salary in UK | £50,861.33 |
| Asset Manager Salary in UK | £56,221.10 |
| Treasury Manager Salary in UK | £61,381.97 |
| Treasury Controller Salary in UK | £73,398.97 |
| Funds Associate Salary in UK | £76,739.11 |
| Investment Fund Manager Salary in UK | £80,945.38 |
| Forex Trader Salary in UK | £82,165.00 |
Salary by Region
Compare Financial Services Sales Agent salaries across different regions
| Region | Salary |
|---|---|
| Scotland | £60,543.50 |
| East Midlands | £22,147.06 |
| Eastern | £5,675.18 |
| London | £44,033.58 |
| North West | £33,620.29 |
| South East | £27,825.00 |
| South West | £23,823.00 |
| West Midlands | £27,891.25 |
| Yorkshire and the Humber | £37,404.33 |
Annual Job Ads by Region
Understanding the Average Financial Services Sales Agent Salary in the UK
As a Financial Services Sales Agent in the UK, it's important to have a clear understanding of the average salary in the industry. According to average Banking and Insurance salaries, the average salary for a Financial Services Sales Agent in the UK is £33,400 per year. This figure can vary depending on factors such as experience, qualifications, and the specific company you work for.
Salary Expectations for Newly Qualified Financial Services Sales Agent
If you're just starting out as a Financial Services Sales Agent, it's natural to wonder what salary you can expect. To get an idea of the current salary range, you can explore the latest job listings on the job search websites. Keep in mind that as a newly qualified agent, your salary may be on the lower end of the scale, typically ranging from £300 to £75,000 per year.
Salaries for Experienced Financial Services Sales Agent
As you gain experience and establish yourself as a successful Financial Services Sales Agent, your earning potential can increase significantly. Experienced agents often earn higher salaries, with the potential to earn well above the average. The exact salary will depend on various factors, including your track record, client base, and the company you work for.
Creating a Financial Services Sales Agent CV
When applying for a Financial Services Sales Agent position, having a well-crafted CV is essential. To help you create an impressive CV, you can use a CV template specifically designed for financial service sales professionals. This template will guide you in highlighting your skills, experience, and achievements in a way that appeals to potential employers.
Career Development Opportunities for Financial Services Sales Agent
As a Financial Services Sales Agent, there are numerous career development opportunities available to you. Whether you want to specialize in a specific area of financial services or move into a management role, it's important to stay informed about the latest trends and advancements in the industry. You can find valuable career advice to help you navigate your career path and make informed decisions about your professional development.
Comprehensive Compensation for Financial Services Sales Agent
Aside from the base salary, Financial Services Sales Agents often receive additional compensation in the form of bonuses, commissions, and incentives. These can significantly boost your overall earnings and reward your performance. It's important to understand the compensation structure of your company and strive to meet or exceed your targets to maximize your earnings potential.
Strategies for Increasing Your Salary as a Financial Services Sales Agent
If you're looking to increase your salary as a Financial Services Sales Agent, there are several strategies you can employ. Continuously improving your sales skills, expanding your network, and staying up to date with industry trends can help you stand out and negotiate higher compensation packages. Additionally, seeking out opportunities for professional development and taking on additional responsibilities can demonstrate your value to employers and potentially lead to salary advancements.
Professional Development and Earnings
Investing in your professional development can have a direct impact on your earnings as a Financial Services Sales Agent. By acquiring additional certifications, attending industry conferences, and participating in relevant training programs, you can enhance your knowledge and skills, making you a more valuable asset to employers. This, in turn, can lead to higher earning potential and career advancement opportunities.
Capitalising on Extra Hours and Duties
Financial Services Sales Agents often have the opportunity to earn extra income by taking on additional hours or duties. This can include working overtime, participating in special projects, or taking on leadership roles within the company. By capitalizing on these opportunities, you can not only increase your salary but also demonstrate your dedication and commitment to your role, potentially opening doors for further career growth.
