How much does a Actuary make in Minneapolis, MN?
Actuaries in Minneapolis, MN earn a competitive salary. The average yearly salary is around $158,531. This means that many actuaries in the area make a solid income. Depending on their experience and the company they work for, they might earn more or less than this average.
Different levels of experience lead to different pay. For example, those just starting may make less than the average, while experienced actuaries often earn more. Here are some specific salary numbers:
- Entry-level actuaries might earn around $107,400
- Experienced actuaries could earn around $235,686
- Very experienced actuaries might earn up to $248,515
What are the highest paying cities for a Actuary near Minneapolis, MN?

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Eagan, MN
Average Salary: $142,557
A professional in Eagan focuses on analyzing risk for insurance companies. This role offers stability and growth with companies like U.S. Bank and HealthPartners. Eagan provides a good work-life balance with a strong local economy.
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Minnetonka, MN
Average Salary: $137,398
Minnetonka offers a vibrant community with diverse industries for professionals. They analyze data to predict financial risks for companies like UnitedHealth Group. The city’s blend of urban and suburban life makes it an appealing place to work and live.
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Bloomington, MN
Average Salary: $136,704
Bloomington provides a dynamic environment for risk analysis professionals. It houses major firms like Target and Thrivent Financial. Working here means being part of a thriving economy with excellent community benefits.
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Saint Paul, MN
Average Salary: $134,357
In Saint Paul, professionals work in an environment rich with opportunities. Companies like 3M and Minnesota Mutual Insurance seek skilled analysts. The city offers a blend of professional growth and cultural activities.
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Shakopee, MN
Average Salary: $119,500
Shakopee is home to a growing number of companies needing risk assessment. Professionals here enjoy a smaller community feel while working for companies like Blue Cross Blue Shield. The city’s stability makes it a reliable choice for long-term careers.
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Inver Grove Heights, MN
Average Salary: $119,500
Working in Inver Grove Heights offers a close-knit community feel with larger companies nearby. Professionals analyze data for companies in the region. The city’s proximity to major employers provides easy commuting and a good quality of life.
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Burnsville, MN
Average Salary: $119,500
In Burnsville, professionals find a supportive community with a range of opportunities. Companies like Ameriprise Financial and Blue Cross Blue Shield need skilled analysts. The city’s growing economy offers promising career paths.
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Lakeville, MN
Average Salary: $119,500
Lakeville provides a suburban setting with a mix of large and small companies seeking risk analysis. Professionals enjoy working for firms like UnitedHealth Group. The city’s safe environment and good schools make it ideal for families.
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Maple Grove, MN
Average Salary: $119,500
Maple Grove offers a suburban lifestyle with many local businesses needing skilled analysts. Professionals work for companies like Cargill and Thrivent Financial. The city’s focus on family and community makes it a desirable place to live and work.
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What are the best paying companies for a Actuary in Minneapolis, MN?

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Deloitte
Average Salary: $183,039
Deloitte is a leading global provider of audit and consulting services. It has offices in Minneapolis, offering a dynamic environment for actuaries. They focus on data analytics and risk management.
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Thrivent
Average Salary: $137,864
Thrivent is a financial services company located in Minneapolis. Actuaries here work on financial products and services. They emphasize long-term growth and client success.
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Mercer
Average Salary: $133,025
Mercer is a consulting firm with offices in Minneapolis. They provide health, wealth, and career solutions. Actuaries at Mercer analyze risks and develop strategies for clients.
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Ameriprise Financial Services, LLC
Average Salary: $132,050
Ameriprise Financial Services, LLC, based in Minneapolis, offers a variety of financial services. Actuaries here focus on insurance and investment products. They help clients with retirement planning and risk management.
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Securian Financial
Average Salary: $123,929
Securian Financial is an insurance company in Minneapolis. Actuaries play a key role in assessing risk and developing financial products. They work to ensure clients’ financial security.
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Berkley
Average Salary: $103,833
Berkley is an insurance company located in Minneapolis. Actuaries at Berkley analyze risk and develop policies. They focus on providing quality insurance solutions to clients.
What are the best paying Actuary related jobs in Minneapolis, MN?

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Portfolio Manager
Average Salary: $130,029
This role oversees investment strategies to achieve financial goals. Companies like U.S. Bank and Ameriprise Financial provide such opportunities. They seek experienced managers who excel in client relationship and risk assessment.
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Data Scientist
Average Salary: $126,768
Professionals in this field analyze data to help businesses make informed decisions. Firms like Target and General Mills need experts who can use data to improve operations. Strong analytical skills are key to success in this role.
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Quantitative Analyst
Average Salary: $117,540
This position focuses on mathematical modeling to help with financial decisions. Companies like RBC Capital Markets and 3M hire analysts who can interpret data and advise on market strategies. A solid foundation in statistics is essential.
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Compliance Analyst
Average Salary: $110,909
In this role, professionals ensure company policies meet regulatory standards. Employers like Fidelity and UnitedHealth Group look for analysts who can navigate complex regulations. Attention to detail and strong communication skills are vital.
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Pricing Actuary
Average Salary: $110,123
This role involves assessing risks and determining fair prices for insurance products. Major insurers like Unum and Medica employ actuaries who work with data to make pricing decisions. Knowledge of actuarial science and risk management is necessary.
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Statistician
Average Salary: $109,853
Statisticians analyze and interpret data to solve real-world problems. Companies like 3M and Hormel Foods need professionals who can develop models and forecasts. A strong background in mathematics and statistics is crucial.
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Risk Analyst
Average Salary: $108,549
This role focuses on identifying potential risks for businesses. Financial firms like U.S. Bank and Ameriprise Financial hire analysts who can assess risks and develop strategies to mitigate them. Strong analytical skills and attention to detail are important.
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Data Analyst
Average Salary: $107,225
Data analysts gather, clean, and interpret data to guide business decisions. Companies like Target and General Mills need analysts who can turn data into actionable insights. Proficiency in data tools and software is necessary.
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Business Intelligence Analyst
Average Salary: $105,922
Professionals in this role use data to help businesses make strategic decisions. Firms like UnitedHealth Group and Cargill look for analysts who can turn complex data into understandable insights. Strong analytical and problem-solving skills are key.
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Business Analyst
Average Salary: $98,334
Business analysts identify areas for improvement and develop solutions. Companies like 3M and Hormel Foods need analysts who can bridge the gap between business needs and technical solutions. Strong communication and analytical skills are essential.
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