Entry-Level Actuary Salary

Entry-Level Actuaries can expect to earn an average of $64K per year. In the world of Entry-Level Actuaries, overall cash allowance can occasionally include more than $15K from bonuses and, in some exceptional cases, $9K from profit sharing, causing incomes to vary widely between $48K and $104K. Geography and the company each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a majority get dental coverage. Vision coverage is also available to the greater part. The majority of workers are highly satisfied with their job. This report is based on answers to PayScale's salary questionnaire.

$48,277 - $100,113
$48K
$64K
$100K
MEDIAN: $63,871
10%
50%
90%

Add this chart to your site: 640px    300px

$15.40 - $45.08
$15
$25
$45
MEDIAN: $24.73
10%
50%
90%

Add this chart to your site: 640px    300px

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
$48,277 - $100,113  
   
Bonus
$1,007 - $14,593  
Profit Sharing
$0.00 - $8,515  
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).
)
$47,724 - $104,424  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 580
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
$15.40 - $45.08  
   
Overtime
$1.71 - $73.40  
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
$1,007 - $14,593  
   
Profit Sharing
$0.00 - $8,515  
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).
)
$47,724 - $104,424  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 43

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Actuary Job Listings

Search for more jobs:

Popular Employer Salaries for Actuary


Entry-Level Actuaries seeking a sizable paycheck can earn the most at Milliman, Incorporated, where the median salary comes to $78K, though the large pay difference between employees at the top ($60K) and those starting out ($108K) creates a rather diverse pay scale.

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: $65,311

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

For those looking to make money, Entry-Level Actuaries in Chicago enjoy an exceptional pay rate, 27 percent above the national average. Entry-Level Actuaries will also find cushy salaries in Seattle (+25 percent), Louisville (+24 percent), New York (+20 percent), and Boston (+13 percent). Falling short of the national average by 14 percent, the area with the worst salaries is Columbus. Employers also pay below the national average in Portland (13 percent lower) and Minneapolis (8 percent lower).

Key Stats for Actuary

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.
Less than 1 year
30%
1-4 years
55%
5-9 years
14%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Actuary Salaries

SQL
▲31%

Data Modeling
▲19%

Pricing
▲18%


SAS
▲9%




Statistical Analysis
▲1%

Microsoft Access
▼0%

National Average
$65,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
31 %
Male
69 %

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 70%
vision benefits
Vision: 62%
no benefits
None: 10%
ADVERTISEMENT