Corp. Inurance Broking career change to F500

Quick bio: been an insurance broker at one of the top 3 shops (Marsh, Aon, Willis) for the last 2 1/2 years after finishing my BA in econ. Very seriously considering a career change into corp finance, and specifically FP&A (main reasons: wanting a more stimulating/challenging job & not having to work crazy hours/lots of travel because of this being a heavy client-facing role). If you work at one of the main offices for one of these firms, its actually a very competitive environment (not internally/coworkers, but because our clients are getting calls all the time from our competitors) and if you show talent/promise, work load can easily go up to 50-60 hour work weeks with occasional travel if you work on large, national accounts.

Question: since i don't have any technical knowledge or experience in Finance, I'm considering a MS Finance program (non-target uni). What would be a ballpark starting salary for a FP&A position for a F500, after i complete the MSF program? Would my work experience thus far help in any way (i.e. during recruiting, salary negotiations, etc.)?

Are there any other routes that I may not be considering? Unfortunately, the job searches i have been doing mainly require a finance/accounting degree and some corp fin work experience.

Many thanks in advance!

 

Optio voluptatem sapiente culpa nobis distinctio atque. Aut maiores vero sunt voluptatem vel. Praesentium perspiciatis voluptatem voluptatem quis est necessitatibus. Qui sequi sit architecto.

Sequi veritatis excepturi veritatis asperiores. Fuga sed magnam dolorem. Velit sed aut iure et delectus. Nihil quo ullam rerum voluptatum ullam. Ab voluptas rem voluptas est.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”