The average salary for an Actuarial Analyst is $63,177.
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$51k - $80k
$1k - $8k
$750 - $8k
$0 - $5k
$51k - $84k
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Job Description for Actuarial Analyst
An actuary analyst uses data to measure risk for a company or organization, such as insurance company or a financial services business. Common functions performed by an actuary analyst include coordinating, preparing, and performing actuarial analyses, which are required by companies when developing new products, projecting future results, repricing existing products, and/or determine financial strength. An actuary analyst is usually expected to work under minimal supervision and must be able to…Read more
Actuarial Analyst Tasks
- Analyze risk evaluation data, using appropriate models and statistical methods, and creating relevant charts and graphs.
- Review accuracy of data and calculations.
- Report and interpret results of data analysis.
Popular Employer Salaries for Actuarial Analyst
The top respondents for the job title Actuarial Analyst are from the companies Milliman, Incorporated, Towers Watson and Willis Towers Watson. Reported salaries are highest at UnitedHealth Group where the average pay is $75,000. Other companies that offer high salaries for this role include Mercer LLC and Milliman, Incorporated, earning around $69,311 and $65,117, respectively. Towers Watson pays the lowest at around $60,764. Aetna, Inc. and Willis Towers Watson also pay on the lower end of the scale, paying $61,724 and $64,071, respectively.
Actuarial Analyst Job Listings
Popular Skills for Actuarial Analyst
Skills in SQL, VBA and Data Modeling are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
Pay by Experience Level for Actuarial Analyst
An entry-level Actuarial Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $60,498 based on 562 salaries. An early career Actuarial Analyst with 1-4 years of experience earns an average total compensation of $64,254 based on 671 salaries. A mid-career Actuarial Analyst with 5-9 years of experience earns an average total compensation of $73,743 based on 92 salaries. An experienced Actuarial Analyst with 10-19 years of experience earns an average total compensation of $74,242 based on 29 salaries. In their late career (20 years and higher), employees earn an average total compensation of $69,599.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Actuarial Analyst in their job title in New York, New York earn an average of 10.4% more than the national average. These job titles also find higher than average salaries in San Francisco, California (10.0% more) and Boston, Massachusetts (8.5% more). The lowest salaries can be found in Atlanta, Georgia (4.9% less) and Dallas, Texas (4.7% less).
Years of Experience
This data is based on 1,364 survey responses.
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