Entry-Level Actuary Salary

Average Entry-Level Actuaries make around $63K per year. In the world of Entry-Level Actuaries, overall cash allowance can occasionally include more than $11K from bonuses and, in some exceptional cases, $10K from profit sharing, causing incomes to vary widely between $48K and $101K. Location and the company each impact pay for this group, with the former having the largest influence. Work is enjoyable for Entry-Level Actuaries, who typically claim high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Generally, women make up less than a third of all Entry-Level Actuaries who answered the questionnnaire. This report is based on responses to the PayScale salary survey.

$47,947 - $96,062
(Median)
$48K
$63K
$96K
MEDIAN: $62,588
10%
50%
90%

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$14.84 - $40.13
(Median)
$15
$22
$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
$47,947 - $96,062  
   
Bonus
$0.00 - $11,096  
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).
)
$47,793 - $101,175  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 757
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
$14.84 - $40.13  
   
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 - $11,096  
   
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).
)
$47,793 - $101,175  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 33
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Popular Employer Salaries for Entry-Level 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


Surpassing the national average by 23 percent, Entry-Level Actuaries in San Francisco receive some of the highest pay in the country. Entry-Level Actuaries will also find cushy salaries in Los Angeles (+19 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 12%

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 79 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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