Top 8 Finance Career Opportunities for Women

Absolutely, let’s delve deeper into the specifics of these top finance careers for women, highlighting their roles, earnings, and the number of women currently employed in these positions:

1. Purchasing Manager

  • 2021 Median Annual Earnings for Women: $70,876
  • Role Details: They oversee the procurement of goods and services for their organization, including negotiating contracts and managing supplier relationships. They also play a critical role in financial planning and budgeting.
  • Female Representation: Approximately 97,000 women work in this capacity, demonstrating a strong presence in this role.

2. Insurance Underwriter

  • 2021 Median Annual Earnings for Women: $70,980
  • Role Details: These professionals evaluate and analyze the risks in insuring people and assets. They determine coverage terms and calculate premiums based on risk assessment.
  • Female Representation: About 73,000 women are currently employed as insurance underwriters.

3. Financial Manager

  • 2021 Median Annual Earnings for Women: $71,344
  • Role Details: Financial managers are responsible for the financial health of an organization. They develop strategies, produce financial reports, and direct investment activities.
  • Professional Recognition: This role is highly regarded, ranked as the #2 best job in business by U.S. News.

4. Compliance Manager

  • 2021 Median Annual Earnings for Women: $73,996
  • Role Details: They ensure that their organization adheres to legal standards and internal policies. This role is crucial in risk management and maintaining the company’s integrity.
  • Female Representation: There are around 137,000 women working as compliance managers.

5. Personal Finance Advisor

  • 2021 Median Annual Earnings for Women: $74,048
  • Role Details: These advisors assist individuals with financial planning, investments, and strategies for meeting their long-term financial goals.
  • Female Representation: Currently, about 154,000 women are employed as personal finance advisors.

6. Fundraiser

  • 2021 Median Annual Earnings for Women: $80,080
  • Role Details: Fundraisers organize events and campaigns to raise money and other donations for an organization. They also reach out to potential donors and write grant proposals.
  • Job Outlook: The role is essential for non-profits, educational institutions, and other organizations reliant on funding.

7. Financial and Investment Analyst

  • 2021 Median Annual Earnings for Women: $83,564
  • Role Details: These analysts conduct financial analysis for businesses and individuals, offering insights and recommendations for investments and financial strategies.
  • Income Comparison: They earn significantly more than the average finance professional, almost $30,000 more.

8. Public Relations and Fundraising Manager

  • 2021 Median Annual Earnings for Women: $86,268
  • Role Details: They oversee the public image and fundraising strategies of their organization. This includes media communication, marketing campaigns, and donor relations.
  • Job Responsibilities: The role is pivotal in shaping the public perception and financial sustainability of an organization.

These careers not only showcase high earning potential for women but also reflect the diverse range of opportunities available in the finance sector. From analytical and strategic roles to those focusing on relationships and compliance, these positions offer avenues for women to leverage their skills and make significant impacts in their organizations.