Entry-Level Actuary Salary

Entry-Level Actuaries take home approximately $63K annually on average. With some bonuses approaching $11K and certain profit sharing proceeds approaching $10K, overall incomes of Entry-Level Actuaries spread between $48K and $101K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by the specific employer. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Most Entry-Level Actuaries like their work and job satisfaction is high. 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. The numbers in this rundown were provided by PayScale's salary survey participants.

$47,872 - $96,093
(Median)
$48K
$63K
$96K
MEDIAN: $62,561
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
$47,872 - $96,093  
   
Bonus
$0.00 - $10,690  
Profit Sharing
$0.00 - $9,696  
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).
)
$47,598 - $101,310  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 756
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 - $10,690  
   
Profit Sharing
$0.00 - $9,696  
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).
)
$47,598 - $101,310  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 34
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Popular Employer Salaries for Entry-Level Actuary


Towers Watson offers the lowest pay in the field with a median salary of just $66K. There's also little variation in pay at the company, with pay ranging from $57K to $93K.

Pay Difference by 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 (+16 percent), Dallas (+14 percent), Seattle (+13 percent), and Philadelphia (+13 percent). With compensation 12 percent below the national average, Columbus is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 9 percent less in Atlanta and 6 percent less in Washington, below-median salaries for those in this field.

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Skills That Affect Entry-Level Actuary Salaries

Pricing
up arrow 19%

Financial Modeling
up arrow 11%

SAS
up arrow 9%


Financial Analysis
up arrow 8%


Microsoft Access
up arrow 6%

National Average
$64,000

Statistical Analysis
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 81 votes.

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 76%
vision benefits Vision: 62% employee benefits None: 9%
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