Entry-Level Actuary Salary

The average Entry-Level Actuary earns approximately $63K annually. In the world of Entry-Level Actuaries, total cash compensation can vary between $48K and $102K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $12K and $8K, respectively. Geography is the biggest factor affecting pay for this group, followed by the specific employer. Most workers in this position report high levels of job satisfaction. Male Entry-Level Actuaries are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part. This overview is based on answers to PayScale's salary questionnaire.

$48,163 - $97,593
(Median)
$48K
$63K
$98K
MEDIAN: $63,298
10%
50%
90%

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$15.78 - $41.22
(Median)
$16
$24
$41
MEDIAN: $24.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$48,163 - $97,593  
   
Bonus
$0.00 - $12,105  
Profit Sharing
$0.00 - $8,242  
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).
)
$48,158 - $102,201  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 856
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$15.78 - $41.22  
   
Overtime
$0.00 - $60.40  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $12,105  
   
Profit Sharing
$0.00 - $8,242  
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).
)
$48,158 - $102,201  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 37
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Popular Employer Salaries for Actuary


Employees at Towers Watson take home the smallest paychecks, and $66K is the median salary. Furthermore, range in pay is narrow, with salaries starting at $57K and quickly nearing the top at only $93K.

Pay Difference by Location

National Average: $65,054

Larger city markers indicate a job is popular in that location.

For Entry-Level Actuaries, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Entry-Level Actuaries can also look forward to large paychecks in cities like Los Angeles (+15 percent), New York (+13 percent), Boston (+9 percent), and Chicago (+7 percent). Columbus ranks last in the field for pay, reporting salaries 13 percent below the national average. Two other places where employers offer below-median salaries are Houston (13 percent less) and Atlanta (8 percent less).

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Skills That Affect Actuary Salaries

Pricing
up arrow 15%


SAS
up arrow 9%

Financial Analysis
up arrow 6%



Microsoft Access
up arrow 3%

National Average
$65,000

Statistical Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
26 %
Male
74 %

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 74%
medical benefits
Vision: 62%
dental benefits
None: 9%
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