What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »
Browse Categories

Actuarial Analyst Salary

Earnings for Actuarial Analysts in the United States come in at around $60K annually on average. The range in cash compensation to Actuarial Analysts ($49K to $79K) includes potential earnings of $7K each from bonuses and profit sharing in exceptional cases. While years of experience and the particular employer impact pay for this group, location is the most influential factor. Most Actuarial Analysts report high levels of job satisfaction. Medical benefits are awarded to nearly all, and most earn dental coverage. Most Actuarial Analysts survey respondents are men (70 percent). The figures in this rundown are based on the results of PayScale's salary questionnaire.
$48,596 - $75,103
(Median)
49K
67K
75K
MEDIAN: $59,713
10%
75%
90%

Add this chart to your site: 640px    300px

$15.62 - $30.75
(Median)
16
22
26
31
MEDIAN: $21.00
10%
50%
75%
90%

Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$27K$54K$81K
Salary
$48,596 - $75,103  
   
Bonus
$1,000 - $7,170  
Profit Sharing
$964 - $7,179  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,895 - $79,489  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 621
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$18$36$54
Hourly Rate
$15.62 - $30.75  
   
Overtime
$22.92 - $51.05  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Bonus
$1,000 - $7,170  
   
Profit Sharing
$964 - $7,179  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$48,895 - $79,489  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 18
United States (change)

Job Description for Actuarial Analyst

An actuary analyst uses data to measure risk for a company or organization, such as insurance company or a financial services business. Common functions performed by an actuary analyst include coordinating, preparing, and performing actuarial analyses, which are required by companies when developing new products, projecting future results, repricing existing products, and/or determine financial strength. An actuary analyst is usually expected to work under minimal supervision and must be able to perform moderately complex work assignments and problem resolution.

Read More...

Actuarial Analyst Tasks

  • Report and interpret results of data analysis.
  • Review accuracy of data and calculations.
  • Analyze risk evaluation data, using appropriate models and statistical methods, and creating relevant charts and graphs.

Actuarial Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Actuarial Analyst


For Actuarial Analysts, comfortable salaries can be found at Liberty Mutual Insurance Group; in fact, median earnings sit around $74K, the highest in the area.

Employees at Mercer LLC take home the smallest paychecks, and $60K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $49K and quickly nearing the top at only $76K.

Popular Skills for Actuarial Analyst


Actuarial Analysts generally report applying a varied skill set to their work. Most notably, skills in VBA, SQL, SAS, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Statistical Analysis. Those educated in Data Analysis tend to be well versed in SAS.

Pay Difference by Location


For Actuarial Analysts, Hartford provides a pay rate that is 16 percent greater than the national average. Actuarial Analysts can also look forward to large paychecks in cities like Boston (+12 percent), San Francisco (+11 percent), Los Angeles (+10 percent), and New York (+8 percent). Midwestern cities Cleveland, Cincinnati, and Omaha are less-than-lucrative areas for Actuarial Analysts, where pay is not only lower than the national average but also represents the three lowest-paid areas in the country. Two other places where employers offer below-median salaries are Cincinnati (14 percent less) and Omaha (13 percent less).

Related Job Salaries

Experience Affects Actuarial Analyst Salaries

Experienced
up arrow 26%


National Average
$61,000


Skills That Affect Actuarial Analyst Salaries

VBA
up arrow 3%

SAS
up arrow 2%

SQL
up arrow 2%

Microsoft Excel
up arrow 1%

Data Analysis
up arrow 1%

Microsoft Access
0%

National Average
$61,000

Statistical Analysis
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 108 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
25%
1-4 years
59%
5-9 years
12%
10-19 years
3%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 85%
vision benefits Vision: 71% employee benefits None: 7%