Entry-Level Actuary Salary

Entry-Level Actuaries can expect wages of $63K annually on average. Cash earnings for Entry-Level Actuaries — which occasionally include more than $11K from bonuses and more than $9K from profit sharing — stretch from around $48K to approximately $101K. Geographic location is the biggest factor affecting pay for this group, followed by the specific employer. The majority of workers are highly satisfied with their job. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. 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. This snapshot results from replies to PayScale's salary survey.

$47,879 - $96,264

Add this chart to your site: 640px    300px

$14.84 - $40.13

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
$47,879 - $96,264  
   
Bonus
$0.00 - $11,012  
Profit Sharing
$0.00 - $9,250  
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).
)
$47,701 - $101,085  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 763
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
$14.84 - $40.13  
   
Overtime
$0.00 - $60.82  
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 - $11,012  
   
Profit Sharing
$0.00 - $9,250  
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).
)
$47,701 - $101,085  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 33
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Actuary Job Listings

Search for more jobs:

Popular Employer Salaries for Entry-Level Actuary


Pay for Entry-Level Actuaries is the lowest at Towers Watson, which has a median salary of $66K. In addition, there's little room to grow there, with salaries maxing out at $93K.

Pay Difference by Location


San Francisco is home to an above-average pay rate for Entry-Level Actuaries, 24 percent higher than the national average. Entry-Level Actuaries can also look forward to large paychecks in cities like Los Angeles (+19 percent), Dallas (+14 percent), Seattle (+13 percent), and Philadelphia (+13 percent). Falling short of the national average by 12 percent, the area with the worst salaries is Columbus. Below-median salaries also turn up in Atlanta and Washington (9 percent lower and 7 percent lower, respectively).

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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 80 votes.

Gender

Female
27 %
Male
73 %

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 76%
vision benefits Vision: 63% employee benefits None: 9%
ADVERTISEMENT