Loan Officers (13-2072)

Occupation description:  Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

For an explanation of the data, click on the question mark next to the heading.

Employment and Job Openings   (click here for the 10-year forecast)

  Average employment Average annual openings
  2014 estimate2024 projectionPercent change GrowthReplacementTotal
Alaska 454458 0.90 88
United States 303,200327,700 8.12,450 5,0407,500

Job outlook

  • Alaska: Alaska’s employment growth is low with moderate employment opportunities. Read more.

2016 Wages

  Mean Wage Wage by Percentile
  Mean10th25th Median75th90th
United States 36.6715.7821.68 30.6044.5363.60
Alaska 36.2118.9121.85 28.8140.8463.02
Anchorage/Mat-Su Area 36.8819.0021.67 28.3641.5966.89
Fairbanks North Star Borough 32.2619.4823.63 29.6538.7651.19
Southeast Region 31.9113.8521.78 32.3839.8548.62

Labor Force Indicators

2016 Worker Characteristics
Total workersNonresident workers Percent nonresidentPercent age 45 plusPercent age 50 plus
51119 3.742.7 30.3
2016 Potential Supply
Qualified but working in another occupation81
Currently employed in a lower paid occupation54
UI claimants previously working in occupation18
2016 ALEXsys Employment Data
Number of registrants 248
Number of job position postings 119
Ratio of registrants to job position postings 2.1

Alaska Licensing Information

Typical Entry-level Education, Experience, and/or On-the-job Training

Education: Bachelor’s degree Work experience: None On-the-job training: Moderate-term on-the-job training

Training Resources

University of Alaska Anchorage   (Anchorage)
Finance BA