Salary for Actuary Jobs

Highest Salaries By City for Actuary Jobs

Top Cities by Popularity for Actuary Jobs

Highest Salaries By City Top Cities by Popularity

Highest Salaries By City 1. Austin, Texas 2. Jacksonville, Florida 3. Harrisburg, Pennsylvania 4. Detroit, Michigan 5. Salt Lake City, Utah 6. Nashville, Tennessee 7. Minneapolis, Minnesota 8. New York, New York 9. Milwaukee, Wisconsin 10. Hartford, Connecticut 11. Philadelphia, Pennsylvania 12. Princeton, New Jersey 13. Seattle, Washington 14. San Francisco, California 15. Washington, District of Columbia 16. Newport Beach, California 17. Denver, Colorado 18. Baltimore, Maryland 19. Indianapolis, Indiana 20. Columbus, Ohio Top Cities by Popularity 1. New York, New York 2. Chicago, Illinois 3. Hartford, Connecticut 4. Atlanta, Georgia 5. Boston, Massachusetts 6. Minneapolis, Minnesota 7. Philadelphia, Pennsylvania

What is the Salary of an Actuary?

While many people may only have a vague idea of the day-to-day tasks performed by an actuary, it's a job that frequently appears on yearly "best jobs" lists thanks to its stable career outlook, challenging workload and generous compensation. Measuring Actuary Salaries by Years Experience shows that, even with less than a year of experience, an actuary salary can be quite lucrative, and over the course of a 20-year career the average salary of an actuary can more than double. But other than waiting it out, is there anything else that can positively affect actuary salaries? The answers can be found by researching actuary salary data by location, education, industry, and more; actuaries know that the more data you have to work with, the better able you will be to make career decisions.

Researching Actuary Salaries

Researching Actuary Salary by Employer Type, we can see that actuary salaries for individuals working in non-profit and government positions are competitive with those at private companies; this is one case where public-sector work doesn't have to be its own reward. Drilling down into the Salary of an Actuary by Industry shows that consulting can sometimes be the best choice when it comes to earning a higher average actuary salary. When it comes to location, the Actuary Salary by City chart shows that New York offers top actuary salaries, but be warned: Average Commute Time for actuaries in New York is also the highest. There are a lot of factors that go into choosing a large company or small business for your place of work - for many people, salary is the least of their concerns when it comes to this decision. But, it's worth noting that some smaller businesses offer higher salaries than larger firms, as shown in the report on Actuary Salaries by Company Size. If a smaller office situation appeals to you, this could be a big incentive to go that route.

Actuary Salary Story

To get a better idea of what it's really like to work as an actuary, take a look at the Salary Stories blog post entitled "Actuary Salaries and Job Description." You'll find an interview with an experienced actuary covering topics such as the job outlook for this field and factors affecting actuary salaries.