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Entry-Level Actuary Salary

Entry-Level Actuaries take home approximately $63K annually on average. Cash earnings for Entry-Level Actuaries — which occasionally include more than $11K from bonuses and more than $10K from profit sharing — stretch from around $48K to approximately $102K. 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 more than half. Job satisfaction is high and work is enjoyable for most Entry-Level Actuaries. 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 data for this snapshot was collected from individuals who took PayScale's salary survey.

$47,879 - $96,730
(Median)
$48K
$63K
$97K
MEDIAN: $62,924
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
$47,879 - $96,730  
   
Bonus
$0.00 - $10,839  
Profit Sharing
$0.00 - $10,101  
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).
)
$47,518 - $101,954  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 750
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 - $10,101  
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).
)
$47,518 - $101,954  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 34

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Popular Employer Salaries for Entry-Level Actuary


Salaries are easily beat at Towers Watson, where median pay comes to just $66K, the lowest in the field. What's more, with base pay starting at $57K and ending at $93K, range in salary is rather small.

Pay Difference by Location


For Entry-Level Actuaries, San Francisco provides a pay rate that is 25 percent greater than the national average. Entry-Level Actuaries can also look forward to large paychecks in cities like Dallas (+18 percent), New York (+15 percent), Philadelphia (+14 percent), and Seattle (+13 percent). Columbus is home to the smallest salaries in the field, lagging the national average by 13 percent. Atlanta and Washington are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 7 percent lower, respectively.

United States (change)

Skills That Affect Entry-Level Actuary Salaries

Pricing
up arrow 19%

Financial Modeling
up arrow 11%

SAS
up arrow 8%


Financial Analysis
up arrow 7%


Microsoft Access
up arrow 5%

National Average
$65,000

Statistical Analysis
up arrow 6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 88 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%
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