"A great recruitment company to work with! Excellent experience with Aaron Wallis through the entire recruitment process. The team was really professional and extremely helpful. Darren was a pleasure to work with."
Agathe Bauchet, Candidate
Financial Services Sales Jobs (Including Retail Banking and Insurance)
Aaron Wallis Sales Recruitment has a team that recruits for the Financial Services and Retail Banking sector. By placing the right candidates with the right employers, Aaron Wallis has built up a significant reputation in the Financial Services sector and is on the preferred supplier lists of many of the UK's leading banks, building societies and mortgage lenders.
Our Financial Services and Retail Banking recruitment consultants have expert knowledge of the Mortgage and Financial Services sectors and recruit FS sales jobs from mortgage administrators to Sales Director levels.
Use our search facility to look for the Financial sales jobs which Aaron Wallis is currently recruiting for:
Salary Survey for Financial Services Sales Jobs 2024
- Average Salary: The average base salary for financial services sales roles in the UK sits around £52,500, with significant variations depending on factors like experience, location, type of product sold, and company size.
- Salary Range: Base salaries typically range from £37,500 for entry-level positions to £72,500+ for senior roles with extensive experience and specialised knowledge.
- Commissions and Bonuses: Many financial services sales jobs offer lucrative commission structures linked to individual performance, often doubling or tripling the base salary. Generous bonuses are also common, further boosting earnings potential.
- Location: London holds the highest average salaries, followed by major financial centers like Edinburgh and Manchester. Salaries tend to be lower in smaller towns and rural areas.
- Product Specialisation: Selling complex financial products like wealth management or derivatives commands higher salaries compared to more basic products like insurance or credit cards.
- Experience: Experience plays a crucial role, with seasoned professionals with proven track records and specialised certifications earning significantly more than entry-level individuals.
- Qualifications: Relevant financial qualifications like Chartered Financial Analyst (CFA) or Certified Financial Planner (CFP) certifications can enhance earning potential.
Salary Ranges for Financial Services Sales Roles in 2024
Detailed breakdown of salary data from various sources:
Glassdoor reports that Financial Sales Representatives in the UK earn an average base salary of £53,000, while Senior Sales Managers earn an average of £75,000.
According to Hays, salaries for Financial Sales positions range from £40,000 to £65,000, with Senior Investment Sales Managers earning over £80,000.
Totaljobs reports that the average salary for Financial Sales Manager jobs is £55,000, with a salary range of £40,000 to £80,000.
Additional Factors:
- Company size: Larger financial institutions generally offer higher salaries and more benefits packages.
- Benefits: Benefits packages vary greatly and may include health insurance, pension plans, car allowances, and travel opportunities.
- Performance Metrics: The specific performance metrics used for commissions and bonuses can significantly impact earnings.
- Sales Channel: Direct sales roles typically offer higher earning potential compared to inside sales positions.
The sales market for financial services in the UK offers a promising earning potential, especially for experienced individuals with in-demand qualifications and expertise. Although base salaries differ based on various factors, high performers in this field have the potential to earn a lot via commissions, bonuses, and other incentives. Overall, the financial services sector can be financially rewarding for those who excel in it.
Our specialist consultants serve across a wide range of sub-sectors that we define as follows:
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Actuary and actuarial jobs
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Assurance
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Broker and Broker Consultancy
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Commercial Agency
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Employee Benefits
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Financial Advisor, including IFA
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Land & New Homes
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Lettings & Property Management
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Mortgage Lenders
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Mortgage Sales and Mortgage Administration
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Overseas Property & Investment and Mortgages
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Paraplanner
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Pensions Administration and Pensions Consultancy
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Residential Sales
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Retail Banking, including Business Development Managers
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Administrator and Sales Support
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Surveying, Auctioneers
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Technical Administration
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Training & Compliance
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by Rob Scott
Managing Director
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Rob Scott
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