Electrical and Electronics Engineer Salary in Sector of Finance and Insurance

The salary statistics of electrical and electronics engineers in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare electrical and electronics engineer salaries in different industries within the finance and insurance sector.

Average Annual Salary of Electrical and Electronics Engineers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$46,960
25th Percentile Wage
$68,290
50th Percentile Wage
$92,080
75th Percentile Wage
$120,430
90th Percentile Wage
$156,670

Table 1 shows the average annual salary for electrical and electronics engineers in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) electrical and electronics engineers is $156,670. The median annual salary (50th percentile) is $92,080. The average annual salary for the bottom 10 percent paid electrical and electronics engineers is $46,960.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of electrical and electronics engineers in the industry sector of finance and insurance from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$92,080
0.16% -5.67%
2016
$91,930
-3.08% -
2015
$94,760
-5.17% -
2014
$99,660
-0.93% -
2013
$100,590
3.27% -
2012
$97,300
- -

Compare Electrical and Electronics Engineer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of electrical and electronics engineers in eight industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for electrical and electronics engineer occupations is the securities and commodity contracts intermediation and brokerage industry with an annual salary $113,190. The lowest paying industry is the credit intermediation and related activities industry (annual salary $47,740). For detailed electrical and electronics engineer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Securities and Commodity Contracts Intermediation and Brokerage
$113,190
Direct Insurance (except Life, Health, and Medical) Carriers
$103,330
Insurance Carriers and Related Activities
$101,330
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$100,500
Insurance Carriers
$97,720
Direct Health and Medical Insurance Carriers
$88,080
Credit Intermediation and Related Activities
$51,380
Credit Intermediation and Related Activities
$47,740

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




Related:

Highest paying industries for electrical and electronics engineers.