Industrial Engineer Salary in Sector of Finance and Insurance

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

Average Annual Salary of Industrial Engineers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$59,570
25th Percentile Wage
$77,900
50th Percentile Wage
$96,340
75th Percentile Wage
$120,110
90th Percentile Wage
$145,590

Table 1 shows the average annual salary for industrial 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) industrial engineers is $145,590. The median annual salary (50th percentile) is $96,340. The average annual salary for the bottom 10 percent paid industrial engineers is $59,570.

Salary Trend (2012 to 2016)

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

YearMedian SalaryYearly Growth4-Year Growth
201696,340-2.24%8.24%
201598,5004.84%-
201493,730-0.09%-
201393,8105.77%-
201288,400--

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

The average salaries of industrial engineers in three 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 industrial engineer occupations is the direct insurance (except life, health, and medical) carriers industry with an annual salary $97,700. The lowest paying industry is the insurance carriers industry (annual salary $93,110). For detailed industrial engineer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Direct Insurance (except Life, Health, and Medical) Carriers
$97,700
Insurance Carriers and Related Activities
$93,110
Insurance Carriers
$93,110

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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