How much does a Actuary make in Minneapolis, MN?
Actuaries in Minneapolis, MN, enjoy a competitive salary that reflects their expertise and the demand for their skills. The average yearly salary for an actuary in this city is around $157,930. This figure provides a solid foundation for professionals in this field, making it an attractive option for those considering a career in actuarial science.
The salary range for actuaries in Minneapolis varies, with the lowest 10% earning approximately $107,400 and the highest 10% earning over $248,500. This wide range shows the potential for growth and advancement in the field. Factors such as experience, education, and the specific industry can influence an actuary's salary. For instance, those with advanced certifications or specialized skills may command higher salaries. Additionally, actuaries working in finance and insurance often earn more than those in other sectors.
What are the highest paying cities for a Actuary near Minneapolis, MN?

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Eagan, MN
Average Salary: $140,325
Eagan offers a thriving environment for professionals in data analysis. Companies like Ameriprise Financial and UnitedHealth Group provide opportunities to apply actuarial skills. The city's business-friendly atmosphere supports career growth.
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Bloomington, MN
Average Salary: $140,000
Bloomington is home to many insurance firms, making it ideal for actuaries. Employers like Target Corporation and Cargill offer diverse roles. The city's vibrant community enhances work-life balance.
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Minnetonka, MN
Average Salary: $127,156
Minnetonka provides a serene setting for actuarial work. Companies like Ameriprise Financial and UnitedHealth Group are prominent here. The city's focus on quality education benefits career development.
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Saint Paul, MN
Average Salary: $123,067
Saint Paul offers a dynamic job market for actuaries. Major employers like U.S. Bank and HealthPartners provide excellent opportunities. The city's rich culture and amenities make it a great place to live and work.
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Shakopee, MN
Average Salary: $119,500
Shakopee is a growing city with opportunities for actuaries. Companies like Ameriprise Financial and UnitedHealth Group are key employers. The city's supportive community fosters a positive work environment.
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Inver Grove Heights, MN
Average Salary: $119,500
Inver Grove Heights is a hub for insurance companies. Employers like Blue Cross Blue Shield of Minnesota offer rewarding roles. The city's proximity to Saint Paul adds to its appeal.
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Burnsville, MN
Average Salary: $119,500
Burnsville provides a stable environment for actuarial careers. Companies like Ameriprise Financial and UnitedHealth Group are major employers. The city's focus on education and family-friendly policies is notable.
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Savage, MN
Average Salary: $119,500
Savage offers a mix of suburban and urban opportunities for actuaries. Employers like Target Corporation and Cargill provide diverse roles. The city's strong community spirit enhances the work experience.
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Lakeville, MN
Average Salary: $119,500
Lakeville is a growing city with many opportunities for actuaries. Companies like Ameriprise Financial and UnitedHealth Group are key employers. The city's focus on education and family-friendly policies is notable.
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Maple Grove, MN
Average Salary: $119,500
Maple Grove offers a supportive environment for actuarial professionals. Companies like Target Corporation and Cargill provide diverse roles. The city's focus on quality education and community amenities makes it an attractive place to work.
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What are the best paying companies for a Actuary in Minneapolis, MN?

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Deloitte
Average Salary: $182,174
Deloitte offers a dynamic work environment for actuaries in Minneapolis, MN. They focus on risk management and financial consulting. Deloitte operates globally, with offices in major cities worldwide.
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Allianz
Average Salary: $166,722
Allianz provides actuaries in Minneapolis with opportunities to work on insurance and financial services. They emphasize innovation and customer service. Allianz has a strong presence in Europe and the U.S.
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Thrivent
Average Salary: $137,864
Thrivent offers actuaries in Minneapolis a chance to work in financial planning and investment management. They focus on long-term financial health. Thrivent operates primarily in the U.S.
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Berkley
Average Salary: $103,833
Berkley provides actuaries in Minneapolis with roles in insurance and risk management. They are known for their expertise in specialty insurance. Berkley has offices in major U.S. cities.
What are the best paying Actuary related jobs in Minneapolis, MN?

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Pricing Actuary
Average Salary: $148,000
This role involves assessing risk and pricing insurance products. Companies like UnitedHealth Group and Allianz use actuaries to ensure they offer fair rates. They analyze data to predict future events and help set premiums.
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Retirement Plan Specialist
Average Salary: $124,200
Specialists in this field work with companies to manage employee retirement plans. Firms like Fidelity Investments and T. Rowe Price rely on these professionals to ensure plans are financially sound. They analyze data to make informed decisions.
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Portfolio Manager
Average Salary: $123,556
Portfolio managers oversee investment portfolios for clients. Companies like Vanguard and BlackRock hire these professionals to manage assets. They analyze market trends and make investment decisions to maximize returns.
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Quantitative Analyst
Average Salary: $120,501
Quantitative analysts use mathematical models to solve financial problems. Firms like Goldman Sachs and JPMorgan Chase employ these experts. They develop algorithms to analyze data and make predictions.
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Data Scientist
Average Salary: $113,669
Data scientists analyze large datasets to uncover insights. Companies like Target and 3M hire these professionals. They use statistical methods to interpret data and inform business decisions.
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Statistician
Average Salary: $110,433
Statisticians analyze data to help companies make informed decisions. Firms like IBM and Medtronic employ these professionals. They design experiments and analyze results to provide actionable insights.
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Business Intelligence Analyst
Average Salary: $108,637
Business intelligence analysts gather and interpret data to help companies make decisions. Companies like Best Buy and U.S. Bank hire these professionals. They use data to identify trends and improve business strategies.
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Risk Analyst
Average Salary: $105,997
Risk analysts assess potential risks for companies. Firms like American Express and General Mills employ these professionals. They analyze data to predict and mitigate risks, ensuring business continuity.
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Compliance Analyst
Average Salary: $102,586
Compliance analysts ensure companies follow regulations. Companies like Wells Fargo and 3M hire these professionals. They review policies and procedures to ensure compliance with laws and regulations.
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Data Analyst
Average Salary: $96,466
Data analysts collect and interpret data to help companies make decisions. Firms like Target and 3M hire these professionals. They use data to identify trends and improve business strategies.
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