Entry-Level Actuary Salary

An average Entry-Level Actuary can expect to take home roughly $64K per year. Total incomes of Entry-Level Actuaries incorporate potential for, in a few cases, more than $15K from bonuses and close to $9K from profit sharing; these performance components cause packages to range between $48K and $104K. Residence and the company each impact pay for this group, with the former having the largest influence. Generally, women make up less than a third of all Entry-Level Actuaries who answered the questionnnaire. Almost all report receiving medical coverage from their employers and a fair number collect dental insurance. Most workers in this position report high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.

$48,294 - $99,880
$48K
$64K
$100K
MEDIAN: $63,513
10%
50%
90%

Add this chart to your site: 640px    300px

$15.10 - $45.30
$15
$25
$45
MEDIAN: $24.70
10%
50%
90%

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
$48,294 - $99,880  
   
Bonus
$1,020 - $14,715  
Profit Sharing
$0.00 - $8,758  
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).
)
$47,805 - $104,273  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 559
© PayScale, Inc. @ www.payscale.com
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
$15.10 - $45.30  
   
Overtime
$1.64 - $59.18  
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
$1,020 - $14,715  
   
Profit Sharing
$0.00 - $8,758  
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).
)
$47,805 - $104,273  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 40
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Actuary Job Listings

Search for more jobs:

Popular Employer Salaries for Actuary


Milliman, Incorporated offers the largest salaries in town ($78K on average), but the considerable range in workers' salaries creates a rather varied pay scale that stretches from $60K to $108K.

Towers Watson doles out the lowest salaries in town — median pay is $66K — not to mention workers can only make as much as $93K and scope of pay is rather limited.

Pay Difference by Location

National Average: $65,133

Larger city markers indicate a job is popular in that location.

For Entry-Level Actuaries, working in the bustling city of Chicago has its advantages, including an above-average pay rate. Entry-Level Actuaries will also find cushy salaries in Seattle (+25 percent), Louisville (+24 percent), New York (+20 percent), and Boston (+13 percent). The lowest-paying market is Columbus, which sits 13 percent below the national average. Portland and Minneapolis are a couple other places where companies are known to pay below the median — salaries are 12 percent lower and 7 percent lower, respectively.

Key Stats for Actuary

Gender

Female
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.
Less than 1 year
31%
1-4 years
56%
5-9 years
13%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Actuary Salaries

SQL
▲31%

Data Modeling
▲20%

Pricing
▲19%


SAS
▲10%




Statistical Analysis
▲1%

Microsoft Access
▲1%

National Average
$65,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 22 votes.

Gender

Female
30 %
Male
70 %

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 71%
vision benefits
Vision: 63%
dental benefits
None: 8%
ADVERTISEMENT