How much does a Actuary make in Minneapolis, MN?
Actuaries in Minneapolis, MN, enjoy a competitive salary that reflects their expertise in risk assessment and financial planning. The average yearly salary for an actuary in this area is around $157,300. This figure provides a solid foundation for professionals in this field, making it a lucrative career choice.
The salary range for actuaries in Minneapolis varies, with some earning as low as $105,850 and others reaching up to $248,515 annually. This wide range indicates the potential for growth and advancement based on experience and qualifications. Actuaries with more experience and specialized skills often find themselves at the higher end of the salary spectrum.
What are the highest paying cities for a Actuary near Minneapolis, MN?

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Eagan, MN
Average Salary: $140,325
In Eagan, professionals in this field work for companies like U.S. Bank and Ameriprise Financial. They analyze data to help businesses manage risk. The work environment is collaborative and focused on accuracy.
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Bloomington, MN
Average Salary: $140,000
Bloomington offers a dynamic work scene for those in this role. Companies like UnitedHealth Group and Target Corporation rely on actuaries. They use their skills to make informed financial decisions.
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Minnetonka, MN
Average Salary: $127,410
Minnetonka is home to several insurance firms where actuaries play a key role. They work with companies like Ameriprise Financial and Thrivent. Their work is crucial for setting premiums and managing risk.
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Saint Paul, MN
Average Salary: $123,067
In Saint Paul, actuaries support major financial institutions. They work with companies like U.S. Bank and HealthPartners. Their role involves analyzing data to guide business strategies.
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Shakopee, MN
Average Salary: $119,500
Shakopee has a growing demand for actuaries. They work with companies like Ameriprise Financial and Thrivent. Their job is to assess risk and help companies make smart financial choices.
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Inver Grove Heights, MN
Average Salary: $119,500
Inver Grove Heights offers a stable work environment for actuaries. They work with companies like U.S. Bank and Blue Cross Blue Shield of Minnesota. Their role is vital for managing financial risks.
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Burnsville, MN
Average Salary: $119,500
Burnsville is a great place for actuaries to work. They support companies like Thrivent and Blue Cross Blue Shield of Minnesota. Their work helps businesses plan for the future and manage risks.
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Savage, MN
Average Salary: $119,500
Savage offers a supportive work environment for professionals in this field. They work with companies like UnitedHealth Group and Target Corporation. Their role is key to making sound financial decisions.
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Lakeville, MN
Average Salary: $119,500
Lakeville is a good place for actuaries to work. They support companies like U.S. Bank and Ameriprise Financial. Their job involves analyzing data to help businesses manage risks.
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Maple Grove, MN
Average Salary: $119,500
In Maple Grove, actuaries work with companies like Thrivent and Blue Cross Blue Shield of Minnesota. They analyze data to help businesses make smart financial choices. The work environment is collaborative and focused on accuracy.
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What are the best paying companies for a Actuary in Minneapolis, MN?

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Deloitte
Average Salary: $188,694
Deloitte offers a dynamic 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 with opportunities to work on insurance and financial services in Minneapolis, MN. 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 is known for its financial services and investment opportunities for actuaries in Minneapolis, MN. They focus on long-term financial planning and wealth management. Thrivent operates primarily in the U.S.
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Berkley
Average Salary: $103,833
Berkley offers actuaries roles in underwriting and insurance in Minneapolis, MN. They are recognized for their expertise in specialty insurance. Berkley has offices in major U.S. cities and internationally.
What are the best paying Actuary related jobs in Minneapolis, MN?

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Pricing Actuary
Average Salary: $148,000
This role involves analyzing data to determine pricing for insurance products. Companies like UnitedHealth Group and Allianz use actuaries to set fair rates. They use statistical models to predict future claims and costs.
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Statistician
Average Salary: $123,549
Statisticians analyze data to help businesses make informed decisions. Firms like 3M and Medtronic rely on statisticians to interpret complex data sets. They work closely with actuaries to ensure accurate data analysis.
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Portfolio Manager
Average Salary: $122,948
Portfolio managers oversee investment portfolios for clients. Companies such as U.S. Bank and Wells Fargo hire managers to balance risk and reward. They use data to make strategic investment decisions.
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Quantitative Analyst
Average Salary: $119,160
Quantitative analysts use mathematical models to solve financial problems. Firms like RBC Capital Markets and Goldman Sachs employ analysts to develop trading strategies. They work closely with actuaries to assess risk.
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Data Scientist
Average Salary: $113,567
Data scientists analyze large data sets to uncover trends. Companies like Target and Cargill use data scientists to improve business operations. They create models to predict customer behavior and market trends.
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Business Intelligence Analyst
Average Salary: $107,362
Business intelligence analysts gather and interpret data to help companies make decisions. Firms like Best Buy and Ameriprise Financial hire analysts to track performance metrics. They use data to improve business strategies.
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Risk Analyst
Average Salary: $106,581
Risk analysts assess potential risks for companies. Companies like Ameriprise Financial and U.S. Bank hire analysts to evaluate financial risks. They work with actuaries to develop risk management strategies.
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Compliance Analyst
Average Salary: $101,654
Compliance analysts ensure companies follow regulations. Firms like U.S. Bank and Target employ analysts to monitor compliance. They review policies and procedures to prevent legal issues.
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Data Analyst
Average Salary: $94,078
Data analysts collect and interpret data to help businesses make decisions. Companies like Cargill and 3M hire analysts to track performance metrics. They use data to improve business strategies.
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Business Analyst
Average Salary: $90,810
Business analysts study business processes to improve efficiency. Firms like Target and Best Buy hire analysts to identify areas for improvement. They work with teams to implement changes.
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