Electrical Engineer Salary in Sector of Finance and Insurance

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

Average Annual Salary of Electrical Engineers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$47,490
25th Percentile Wage
$69,920
50th Percentile Wage
$97,230
75th Percentile Wage
$123,420
90th Percentile Wage
$202,770

Table 1 shows the average annual salary for electrical 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 engineers is $202,770. The median annual salary (50th percentile) is $97,230. The average annual salary for the bottom 10 percent paid electrical engineers is $47,490.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of electrical engineers in the industry sector of finance and insurance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201697,2304.01%3.56%
201593,330-6.56%-
201499,450-2.39%-
2013101,8307.92%-
201293,770--

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

The average salaries of electrical engineers in two industries in the finance and insurance sector are shown below. For detailed electrical engineer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Insurance Carriers and Related Activities
$108,650
Insurance Carriers
$102,990

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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