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How much does a Actuarial Analyst make?

The average salary for a Actuarial Analyst is $104,435 per year in the US.

Actuarial analysts play a key role in assessing financial risks. They analyze data to help companies make smart decisions. On average, an actuarial analyst makes around $104,435 each year. This figure can vary depending on experience and location.

New actuarial analysts can expect to earn between $56,518 and $76,997 per year. As they gain experience, their salaries increase. Highly experienced analysts can earn upwards of $158,911 annually. These figures show the potential for growth in this field. Successful analysts often find themselves in high demand, which can lead to even better salary prospects.

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What are the highest paying cities for a Actuarial Analyst?

Cities like San Francisco and Colorado Springs offer some of the highest salaries for Actuarial Analysts. In San Francisco, the average salary is about $135,764, and in Colorado Springs, it is around $127,300. These cities attract top talent due to their strong job markets and high demand for actuarial expertise. Other top-paying cities include San Antonio, Phoenix, and Tampa. San Antonio offers an average salary of $124,572, Phoenix provides about $116,171, and Tampa about $115,718. Seattle, Chicago, Des Moines, Indianapolis, and Denver also offer competitive salaries for actuarial professionals. These locations provide opportunities for those looking to advance their careers in this lucrative field.
Graph displaying highest paying cities salaries for Actuarial Analyst jobs, highlighting San Francisco, CA with the highest at $135,764 and Denver, CO with the lowest at $108,327.
  1. San Francisco, CA
    Average Salary: $135,764
    Working in San Francisco means tapping into a tech-driven insurance scene. Companies like Travelers and Kaiser Permanente offer dynamic roles. Analysts here work on complex projects with cutting-edge tools.
    Find Actuarial Analyst jobs in San Francisco, CA


  2. Colorado Springs, CO
    Average Salary: $127,299
    In Colorado Springs, actuarial work blends tradition with innovation. Firms like USAA provide stable roles with room for growth. Analysts contribute to financial stability in a diverse market.
    Find Actuarial Analyst jobs in Colorado Springs, CO


  3. San Antonio, TX
    Average Salary: $124,572
    San Antonio offers a growing job market with major players like USAA. Analysts can expect a collaborative work environment. The city’s growing economy means more opportunities and stability.
    Find Actuarial Analyst jobs in San Antonio, TX


  4. Phoenix, AZ
    Average Salary: $116,171
    Phoenix provides a warm climate and a growing job market. Companies like Farmers Insurance offer rewarding positions. Analysts in Phoenix enjoy a mix of city life and professional growth.
    Find Actuarial Analyst jobs in Phoenix, AZ


  5. Tampa, FL
    Average Salary: $115,718
    Tampa boasts a strong presence of insurance companies. Firms like State Farm and Farmers Insurance seek skilled analysts. The city's growing economy offers many career advancement opportunities.
    Find Actuarial Analyst jobs in Tampa, FL


  6. Seattle, WA
    Average Salary: $114,816
    Seattle offers a vibrant job market with tech-savvy firms like Microsoft and Amazon. Analysts here blend tech skills with actuarial expertise. The city’s innovative spirit drives growth and learning.
    Find Actuarial Analyst jobs in Seattle, WA


  7. Chicago, IL
    Average Salary: $109,537
    Chicago is home to insurance giants like Allstate and Aon. Analysts can expect high demand for their skills. The city's diverse market offers plenty of opportunities for career growth.
    Find Actuarial Analyst jobs in Chicago, IL


  8. Des Moines, IA
    Average Salary: $109,445
    Des Moines offers a stable job market with leading firms like Principal Financial Group. Analysts work in a supportive environment with plenty of growth opportunities. The city’s strong economy ensures job security.
    Find Actuarial Analyst jobs in Des Moines, IA


  9. Indianapolis, IN
    Average Salary: $108,689
    Indianapolis has a strong financial sector with companies like Indiana Farmers Mutual Insurance Company. Analysts enjoy a mix of city life and professional development. The city’s growing tech scene adds to its appeal.
    Find Actuarial Analyst jobs in Indianapolis, IN


  10. Denver, CO
    Average Salary: $108,327
    Denver offers a dynamic job market with firms like Aspen Insurance. Analysts enjoy a mix of outdoor lifestyle and professional growth. The city’s strong economy provides many opportunities for career advancement.
    Find Actuarial Analyst jobs in Denver, CO

What are the best companies a Actuarial Analyst can work for?

Amazon.com stands out for Actuarial Analysts with an average salary of $171,059. Kaiser Permanente and DW Simpson also offer competitive salaries, with averages of $146,944 and $142,769, respectively. These companies provide excellent opportunities for those seeking high compensation in actuarial roles.
Graph displaying best paying company salaries for Actuarial Analyst jobs, highlighting Amazon.com with the highest at $171,059 and Elevance Health with the lowest at $111,308.
  1. Amazon.com
    Average Salary: $171,059
    Amazon.com offers competitive salaries for Actuarial Analysts. They use data to help shape business decisions. Opportunities are available across the U.S.


  2. Kaiser Permanente
    Average Salary: $146,944
    Kaiser Permanente pays well for Actuarial Analysts. They focus on health management. Locations include California, Colorado, Georgia, Maryland, Oregon, Virginia, and Washington.


  3. DW Simpson
    Average Salary: $142,769
    DW Simpson offers good salaries for Actuarial Analysts. They provide benefits and retirement plans. Offices are in Illinois, Ohio, and Indiana.


  4. CSAA Insurance Group
    Average Salary: $141,610
    CSAA Insurance Group pays Actuarial Analysts well. They work with auto and home insurance. Locations include California, Texas, and Arizona.


  5. The Hartford
    Average Salary: $127,350
    The Hartford offers competitive pay for Actuarial Analysts. They focus on insurance services. Offices are in Connecticut and New York.


  6. USAA
    Average Salary: $124,073
    USAA pays Actuarial Analysts well. They provide financial services to military members. Locations include Texas, Florida, and California.


  7. Liberty Mutual Insurance
    Average Salary: $121,259
    Liberty Mutual Insurance offers good salaries for Actuarial Analysts. They focus on auto and home insurance. Offices are across the U.S.


  8. Prudential
    Average Salary: $119,823
    Prudential pays Actuarial Analysts well. They provide financial services. Locations include New Jersey, Connecticut, and Pennsylvania.


  9. CVS Health
    Average Salary: $112,264
    CVS Health offers competitive salaries for Actuarial Analysts. They focus on health care. Offices are across the U.S.


  10. Elevance Health
    Average Salary: $111,308
    Elevance Health pays Actuarial Analysts well. They focus on health care. Locations include Indiana and Virginia.

How to earn more as a Actuarial Analyst?

Actuarial analysts use math and statistics to help companies make decisions. This job can lead to good earnings. Making more money in this field involves several key strategies. Following these steps can help boost your income.

First, gaining relevant experience matters a lot. This means working in the field and understanding real-world applications. Experience makes a candidate more attractive to employers. Second, obtaining additional certifications can increase earning potential. Certifications show a commitment to the profession and can open up higher-paying roles. Third, choosing to work in a high-demand area can lead to better pay. Locations with more job opportunities often offer higher salaries. Fourth, networking within the industry can lead to better job offers. Building relationships with others in the field can uncover higher-paying positions. Lastly, advancing to a managerial role can significantly increase income. Leadership positions often come with higher pay and more responsibility.

Here are the key factors to increase earnings as an actuarial analyst:

  1. Gain relevant experience
  2. Obtain additional certifications
  3. Work in high-demand areas
  4. Network within the industry
  5. Advance to a managerial role

Currently 150 Actuarial Analyst job openings, nationwide.

How's the job market for a Actuarial Analyst in the US?

Learn what a Actuarial Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Actuarial Analyst today.
Position
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Actuarial Analyst
150 Job Openings