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.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $58,290 |
| 25th Percentile Wage | $76,670 |
| 50th Percentile Wage | $98,800 |
| 75th Percentile Wage | $129,260 |
| 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 $98,800. The average annual salary for the bottom 10 percent paid electrical engineers is $58,290.
The table and chart below show the trend of the median salary of electrical engineers in the industry sector of finance and insurance from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $98,800 | -6.20% | 5.09% |
| 2017 | $104,930 | 7.34% | - |
| 2016 | $97,230 | 4.01% | - |
| 2015 | $93,330 | -6.56% | - |
| 2014 | $99,450 | -2.39% | - |
| 2013 | $101,830 | 7.92% | - |
| 2012 | $93,770 | - | - |
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 |
|---|---|
| Direct Insurance (except Life, Health, and Medical) Carriers | |
| Insurance Carriers | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].