The insurance and financial services markets have seen notable changes over the past year, particularly in terms of salary expectations and talent availability. Salary levels have risen significantly, outpacing expectations as companies compete to attract and retain skilled professionals.
As these industries continue to navigate a tight job market, we’re seeing a greater number of firms adapt to regulatory changes and a pressing need for enhanced workforce diversity. Businesses are still battling fierce competition to retain talent, highlighting the need to offer salaries and benefits that align with industry trends.
Using data from 21 million jobs posted on Reed.co.uk since 2016, our 2025 insurance and financial services salary guide is the optimal salary checker. By using our guide, you’ll gain a more in-depth understanding on what insurance and financial services jobs are worth across all regions of the UK, helping you offer the best salaries and benefits and stand out from the competition.
Firms are working to create inclusive environments where underrepresented groups feel welcome and valued, contributing to a more diverse and resilient workforce.
Financial Services Recruitment Expert, Reed
Who is the Reed insurance and financial services salary guide designed for?
Our 2025 insurance and financial services salary guide is most relevant for:
Jobseekers desiring roles across insurance and financial services.
Professionals looking to benchmark their earnings.
Employers seeking to enhance their salary and benefits offerings.
Whether you’re searching for the UK average salary, what your current salary should be, what your next salary could potentially be, or whether you are paying your team in line with the rest of the industry, our salary guide gives you the ability to compare salaries across a variety of roles – from claims handler salaries to paraplanner salaries – across all UK regions.
Employers: looking for salary benchmarking insights?
You can use our insurance and financial services salary guide to compare salaries and benefits, meaning you can make sure your remuneration packages are accurate and on par with, or above, the rest of the industry.
At a time when talent remains highly sought after, you must look at your employee value proposition to appeal to those looking for new opportunities. Failure to do so could result in lower job application submissions and, therefore, missing out on the talent you desire.
Jobseekers: curious about what you should be earning across insurance and financial services?
Use our 2025 insurance and financial services salary guide to better understand your worth as a professional, help you decide on a new job offer, or even plan for your next career step – could a salary entice you to change role or location?
What jobs does Reed’s insurance and financial services salary guide 2025 cover?
Our 2025 insurance and financial services guide gauges the salaries and benefits across all 12 UK regions – from the Midlands and East Anglia to the South of England and Wales – highlighting notable developments using informative graphics to show salary changes over the past year.
The guide will provide you with information on salaries for some of the most prominent roles in the insurance and financial services sector, including:
Assistant underwriters
Compliance officers
Financial advisors
Insurance handlers
Mortgage advisors
Paraplanners
Pensions administrators
Whether you’re looking to make a new hire or trying to find out what your next salary could be, our guide is here to help.
The industry is on the cusp of a technological transformation, with artificial intelligence (AI) and other digital tools poised to redefine many roles. AI is expected to play an increasingly important role in underwriting and risk assessment, while other technologies are enhancing claims processing and risk placement.
Insurance Recruitment Expert, Reed
Why download Reed’s insurance and financial services salary guide 2025?
It’s the most trusted insurance and financial services salary guide on offer. Our 2025 insurance and financial services salary guide acts as a tailormade resource, offering:
Detailed salary insights for 2025.
Market trend analysis.
Insights into the benefits employees value most.
Comprehensive data across a wide variety of job roles in insurance and financial services.
This comprehensive guide provides you with the average UK salaries for roles across the sectors over the last three years, along with projections for 2026, all while comparing average salary growth. Using graphs and visuals, we point out some of the most notable salary increases across each region, as well as those roles in which salaries continue to climb year on year.
On top of this, the guide features insight from our regional management team, who share their insight and guidance on regional trends. With valuable data at your fingertips, use our guide to make the right choices for your business.
How can the Reed salary guides help with my benefits and rewards benchmarking?
As part of our suite of annual salary guides, we surveyed 5,000 UK workers at the end of 2024, to help further inform your decisions. You can read the full highlights in ‘the great UK salary and benefits reveal’ section of the guide. Key findings from our research include:
One-in-four professionals (26%) feel unhappy with their current salary.
More than half (60%) of those who aren’t satisfied with their salary shared that it is because it hasn’t risen with the cost of living, nearly a third (31%) say it’s not enough for them to live the lifestyle they want, and 36% feel they’re unable to save enough money to meet their financial goals.
Nearly half (43%) of respondents are working more hours than they are contracted to.
Alarmingly, when asked why, 40% of those employees said they have too much work to do in the hours they are paid to work.
Salary increases remain the most significant action to make workers feel more valued, with 59% of respondents ranking it at the top.
Company benefits offered marry up almost exactly with the benefits employees make use of, with onsite parking, hybrid working, Christmas shutdown and free refreshments ranking as the top received and used benefits.
More than a quarter (26%) of workers say they don't feel valued by their employer.
To help you make a more informed choice on all things UK salary and benefits in the insurance and financial services sector, download our free salary guide now.
