Entry-Level Actuary Salary (United States)

A relatively young group of workers, more than three-quarters of Entry-Level Actuaries report fewer than five years on the job; the group as a whole earns roughly $63,562 annually on average. Overall cash earnings for Entry-Level Actuaries stretch from $46,510 on the lower end to $94,429 near the top, and the heftier packages can encompass around $10,385 from bonuses and $10,809 from profit sharing. Most workers in this profession enjoy health benefits; medical and dental coverage is claimed by most, and more than half earn vision coverage. Generally, women make up less than a third of all Entry-Level Actuaries. Most Entry-Level Actuaries like their work and job satisfaction is high. This report is based on responses to the PayScale salary survey.
Entry-Level Actuary Salary (?
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.
)
$46,510 - $94,429
(Median)
47K
62K
77K
94K
MEDIAN: $61,739
10%
50%
75%
90%
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Entry-Level Actuary Salary (?
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.
)
$12.14 - $37.70
(Median)
12
17
21
28
38
MEDIAN: $21.00
10%
25%
50%
75%
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
$46,510 - $94,429  
   
Bonus
$0.00 - $10,385  
Profit Sharing
$500 - $10,809  
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).
)
$45,872 - $100,711  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 834
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
$12.14 - $37.70  
   
Overtime
$0.00 - $61.28  
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 - $10,385  
   
Profit Sharing
$500 - $10,809  
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).
)
$45,872 - $100,711  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 34
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Actuary Job Listings

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Pay Difference By Location

San Francisco
up arrow 25%
up arrow 18%
Philadelphia
up arrow 18%
Los Angeles
up arrow 17%
Boston
up arrow 8%
Chicago
up arrow 7%
Dallas
up arrow 4%
Minneapolis
up arrow 2%
National Average
$64,000
Charlotte
up arrow 2%
Indianapolis
up arrow 3%
Washington
up arrow 4%
Stamford
up arrow 10%
Columbus
up arrow 11%
Atlanta
up arrow 13%
Larger circles over a city indicate a job is popular in that location.
For Entry-Level Actuaries, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Other big spenders include Philadelphia, New York, Los Angeles, and Boston, top-paying cities where Entry-Level Actuaries see paychecks higher than average (+18 percent, +18 percent, +17 percent, and +8 percent). Atlanta is the lowest-paying area, 13 percent south of the national average. Workers in Columbus and Stamford earn salaries that trail the national average for those in this profession (-11 percent and -10 percent).

Skills That Affect Entry-Level Actuary Salaries

Pricing
up arrow 15%
Financial Modeling
up arrow 13%
Financial Analysis
up arrow 9%
SAS
up arrow 9%
Microsoft Access
up arrow 7%
Microsoft Excel
up arrow 3%
National Average
$64,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 150 votes.

Gender

Female
28%
female alumni
 
Male
72%
male alumni

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 76%
vision benefits Vision: 61% employee benefits None: 9%
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