Avg. Base Salary (USD)
The average salary for an Actuarial Consultant is $93,795
What is the Pay by Experience Level for Actuarial Consultants?
An early career Actuarial Consultant with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $87,166 based on 7 salaries. A mid-career Actuarial Consultant with 5-9 years of experience earns an average total compensation of $95,171 based on 9 salaries.
What Do Actuarial Consultants Do?
Actuarial consultants are responsible for applying quantitative and analytical methods to projects for their organizations, as well as providing expert knowledge in actuarial functions to benefit business and services. They may also work in product/service development, expenses, or sales.
Actuarial consultants use a personal computer to run calculations, write specialized reports, and input data into databases and must be able to communicate well and organize financial resources into specific …Read more
FAQs About Actuarial Consultants
What is the highest pay for Actuarial Consultants?
Our data indicates that the highest pay for an Actuarial Consultant is $142k / year
What is the lowest pay for Actuarial Consultants?
Our data indicates that the lowest pay for an Actuarial Consultant is $73k / year
How can Actuarial Consultants increase their salary?
Increasing your pay as an Actuarial Consultant is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Actuarial Consultant that oversees more junior Actuarial Consultants, this experience can increase the likelihood to earn more.