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Electrical Engineer Salary in the Industry of Insurance Carriers and Related Activities

The salary statistics and trend of electrical engineers in the industry of insurance carriers and related activities are shown in the following tables and chart. In Table 3 we compare electrical engineer salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$72,090
25th Percentile Wage
$88,030
50th Percentile Wage
$110,400
75th Percentile Wage
$155,560
90th Percentile Wage
$140,570

Table 1 shows the average annual salaries for electrical engineers in the industry of insurance carriers and related activities. 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 $140,570. The median annual salary (50th percentile) is $110,400. The average annual salary for the bottom 10 percent electrical engineers is $72,090.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of electrical engineers in the industry of Insurance Carriers and Related Activities from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$110,400
1.59% 13.64%
2016
$108,650
5.21% -
2014
$102,990
1.02% -
2013
$101,940
6.47% -
2012
$95,340
- -

Table 3. Compare Electrical Engineer Salary in Different Industries within the Finance and Insurance Sector

The average salaries of electrical engineers in three industries within the finance and insurance sector are shown in Table 3. For salary information of electrical engineers in a specific industry, use the links in the table.

Industry Median Annual Salary
Insurance Carriers and Related Activities
$110,400
Direct Insurance (except Life, Health, and Medical) Carriers
$104,200
Insurance Carriers
$102,990

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