Actuary Salary (United States)

The average pay for an Actuary is $79,583 per year. Experience has a moderate effect on salary for this job. People in this job generally don't have more than 20 years' experience. Skills that are associated with high pay for this job are Statistical Analysis, Financial Modeling, Financial Analysis, and Pricing.
Actuary Salary (?
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.
)
$49,726 - $129,446
(Median)
50K
80K
100K
130K
MEDIAN: $79,583
10%
50%
75%
90%
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Actuary Salary (?
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.
)
$12.41 - $50.34
(Median)
12
18
24
36
50
MEDIAN: $24.00
10%
25%
50%
75%
90%
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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$50K$100K$150K
Salary
$49,726 - $129,446  
   
Bonus
$968 - $23,236  
Profit Sharing
$508 - $19,271  
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).
)
$49,896 - $149,215  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,504
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$25$50$75
Hourly Rate
$12.41 - $50.34  
   
Overtime
$0.00 - $62.63  
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
$968 - $23,236  
   
Profit Sharing
$508 - $19,271  
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).
)
$49,896 - $149,215  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 42
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Job Description for Actuary

The Actuary will routinely use critical thinking, problem solving and strong analytical skills to aid in or drive decision making. This analysis is often related to the analyses of statistical data with the intention to create probability tables that are used to assess risk and liability for future benefits. Strong communication skills and the ability to explain highly technical information to a broad range of audience members are highly desired skills among actuaries.
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Actuary Tasks
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.

Actuary Job Listings

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Popular Employer Salaries for Actuary

Popular Skills for Actuary

Pay by Experience Level for Actuary

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Des Moines
up arrow 33%
Hartford
up arrow 28%
Minneapolis
up arrow 24%
up arrow 18%
Dallas
up arrow 16%
up arrow 14%
up arrow 7%
up arrow 1%
National Average
$83,000
Houston
up arrow 2%
Louisville
up arrow 3%
Atlanta
up arrow 9%
Columbus
up arrow 9%
Larger circles over a city indicate a job is popular in that location.

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Experience Affects Actuary Salaries

National Average
$83,000

Skills That Affect Actuary Salaries

Statistical Analysis
up arrow 38%
up arrow 17%
SAS
up arrow 5%
Data Analysis
up arrow 2%
National Average
$83,000

Job Satisfaction

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Extremely satisfied
Rated 5 out of 5 based on 315 votes.

Gender

Female
26%
female alumni
 
Male
74%
male alumni

Years of Experience

Less than 1 year
15%
1-4 years
31%
5-9 years
27%
10-19 years
17%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 80%
vision benefits Vision: 62% employee benefits None: 7%