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Electrical Engineer Salary in the Industry of Direct Insurance (except Life, Health, and Medical) Carriers

The salary statistics and trend of electrical engineers in the industry of direct insurance (except life, health, and medical) carriers 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
$68,830
25th Percentile Wage
$81,140
50th Percentile Wage
$104,200
75th Percentile Wage
$120,120
90th Percentile Wage
$142,750

Table 1 shows the average annual salaries for electrical engineers in the industry of direct insurance (except life, health, and medical) 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 engineers is $142,750. The median annual salary (50th percentile) is $104,200. The average annual salary for the bottom 10 percent electrical engineers is $68,830.

Median salary trend

The table and chart below show the trend of the median salary of electrical engineers in the industry of Direct Insurance (except Life, Health, and Medical) Carriers from 2012 to 2014. Note that there is no salary data for some years between 2012 and 2018.

YearMedian Salary Growth2-Year Growth
2014
$104,200
0.00% 0.00%
2012
$104,200
- -

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

The average salaries of electrical engineers in two industries within the finance and insurance sector are shown in Table 3. Note that there is no salary data for some years between 2012 and 2018. For salary information of electrical engineers in a specific industry, use the links in the table.

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

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