Entry-Level Actuary Salary

Median pay for Entry-Level Actuaries is around $63K annually. Including potential for bonuses and profit sharing — peaking near $11K and $10K, respectively — total cash payment to Entry-Level Actuaries can bottom out near $47K or peak near $102K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by the specific employer. The majority of workers are highly satisfied with their job. Making up 73 percent of those who took the survey, male Entry-Level Actuaries greatly outnumber their female counterparts. Medical benefits are awarded to most, and a strong majority earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$47,651 - $96,154
(Median)
$48K
$63K
$96K
MEDIAN: $62,659
10%
50%
90%

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$13.39 - $40.00
(Median)
$13
$21
$40
MEDIAN: $21.00
10%
50%
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
$47,651 - $96,154  
   
Bonus
$0.00 - $10,839  
Profit Sharing
$0.00 - $10,137  
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).
)
$47,164 - $101,792  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 753
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
$13.39 - $40.00  
   
Overtime
$0.00 - $60.82  
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
$0.00 - $10,839  
   
Profit Sharing
$0.00 - $10,137  
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).
)
$47,164 - $101,792  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 34

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Popular Employer Salaries for Entry-Level Actuary


Entry-Level Actuaries will find the worst pay at Towers Watson, where the median salary crawls in at $66K. Furthermore, compensation is curbed at $93K, leaving little room for growth.

Pay Difference by Location


Surpassing the national average by 26 percent, Entry-Level Actuaries in San Francisco receive some of the highest pay in the country. Entry-Level Actuaries can also look forward to large paychecks in cities like Dallas (+18 percent), Philadelphia (+16 percent), New York (+14 percent), and Seattle (+13 percent). Trailing the national average by 12 percent, Columbus is the market with the smallest paychecks. Two other places where employers offer below-median salaries are Stamford (11 percent less) and Atlanta (9 percent less).

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Skills That Affect Entry-Level Actuary Salaries

Pricing
up arrow 21%

Financial Modeling
up arrow 12%

SAS
up arrow 9%


Financial Analysis
up arrow 7%


Microsoft Access
up arrow 5%

National Average
$64,000

Statistical Analysis
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 91 votes.

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 76%
vision benefits Vision: 61% employee benefits None: 10%