Electrical and Electronics Engineer Salary in the Industry of Insurance Carriers

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

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$67,430
25th Percentile Wage
$79,110
50th Percentile Wage
$97,720
75th Percentile Wage
$122,680
90th Percentile Wage
$151,860

Table 1 shows the average annual salaries for electrical and electronics engineers in the industry of insurance carriers. 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 $151,860. The median annual salary (50th percentile) is $97,720. The average annual salary for the bottom 10 percent electrical and electronics engineers is $67,430.

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 of Insurance Carriers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$97,720
-2.26% 5.70%
2016
$99,930
3.81% -
2015
$96,120
-3.51% -
2014
$99,490
1.49% -
2013
$98,010
5.98% -
2012
$92,150
- -

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

Industry 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

Back to: Salary of electrical and electronics engineers in the industry sector of finance and insurance.


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