Entry-Level Actuary Salary

For Entry-Level Actuaries, annual average wages total $63K per year. Cash earnings for Entry-Level Actuaries — which occasionally include more than $12K from bonuses and more than $8K from profit sharing — stretch from around $48K to approximately $102K. 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. Making up 74 percent of those who took the survey, male Entry-Level Actuaries greatly outnumber their female counterparts. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$48,163 - $97,593
(Median)
$48K
$63K
$98K
MEDIAN: $63,298
10%
50%
90%

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$15.78 - $41.22
(Median)
$16
$24
$41
MEDIAN: $24.00
10%
50%
90%

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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
$48,163 - $97,593  
   
Bonus
$0.00 - $12,105  
Profit Sharing
$0.00 - $8,242  
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).
)
$48,158 - $102,201  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 856
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
$15.78 - $41.22  
   
Overtime
$0.00 - $60.40  
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 - $12,105  
   
Profit Sharing
$0.00 - $8,242  
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).
)
$48,158 - $102,201  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 37
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Popular Employer Salaries for 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

National Average: $65,054

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

San Francisco offers some of the highest pay in the country for Entry-Level Actuaries, 20 percent above the national average. Entry-Level Actuaries will also find cushy salaries in Los Angeles (+15 percent), New York (+13 percent), Boston (+9 percent), and Chicago (+7 percent). Columbus ranks last in the field for pay, reporting salaries 13 percent below the national average. Not at the bottom but still paying below the median are employers in Houston and Atlanta (13 percent lower and 8 percent lower, respectively).

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Skills That Affect Actuary Salaries

Pricing
up arrow 15%


SAS
up arrow 9%

Financial Analysis
up arrow 6%



Microsoft Access
up arrow 3%

National Average
$65,000

Statistical Analysis
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
26 %
Male
74 %

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 74%
medical benefits
Vision: 62%
dental benefits
None: 9%
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