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How much does a Actuary make?

The average salary for a Actuary is $165,162 per year in the US.

Actuaries use math and statistics to help people manage risk. They work in many fields, including insurance, finance, and healthcare. Actuaries earn good salaries. The average yearly salary for an actuary is about $165,162. This means that many actuaries make more than this average.

Salary can vary based on experience and location. Here are some typical salaries for actuaries at different experience levels:

  • Entry-level: $85,000
  • Early career: $102,727
  • Mid-career: $120,455
  • Late career: $138,182
  • Experienced: $155,909
  • Senior: $173,636
  • Principal: $191,364
  • Director: $209,091
  • Executive: $226,818
  • Chief Actuary: $244,545
  • Principal Consultant: $262,273
  • Top earners: $280,000

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What are the highest paying cities for a Actuary?

Actuaries enjoy strong earning potential in various cities across the country. San Antonio, TX, stands out with an average salary of $195,398, making it one of the highest paying locations for actuaries. Other notable cities include Tulsa, OK, and Colorado Springs, CO, each offering competitive salaries that reflect the value of actuarial expertise in these regions. Job seekers targeting these fields can expect rewarding opportunities with attractive compensation packages in these top cities.
Graph displaying highest paying cities salaries for Actuary jobs, highlighting San Antonio, TX with the highest at $195,398 and Tallahassee, FL with the lowest at $180,429.
  1. San Antonio, TX
    Average Salary: $195,398
    In San Antonio, professionals analyze data to assess risk for insurance companies. They work with large firms like USAA and Frost Bank. The job involves detailed calculations and a focus on risk management.
    Find Actuary jobs in San Antonio, TX


  2. Tulsa, OK
    Average Salary: $189,086
    Tulsa offers actuarial roles with companies like State Farm and Integris. Here, actuaries create models to predict future business trends. They focus on creating strategies that minimize financial risks.
    Find Actuary jobs in Tulsa, OK


  3. Colorado Springs, CO
    Average Salary: $188,526
    In Colorado Springs, actuaries can find work with firms like United Healthcare and New York Life. They develop plans for life, health, and property insurance. This job requires strong analytical skills and attention to detail.
    Find Actuary jobs in Colorado Springs, CO


  4. Louisville, KY
    Average Salary: $187,450
    Louisville provides opportunities with Humana and Kentucky Farm Bureau. Actuaries here work on financial planning and risk assessment. Their work helps businesses and insurers make informed decisions.
    Find Actuary jobs in Louisville, KY


  5. New Orleans, LA
    Average Salary: $186,714
    New Orleans offers actuarial positions with State Farm and Entergy. Professionals analyze data to create insurance pricing models. They focus on understanding market trends and customer behavior.
    Find Actuary jobs in New Orleans, LA


  6. Tampa, FL
    Average Salary: $183,974
    In Tampa, actuaries work with companies such as Principal Financial Group. They develop models to assess risk and manage financial portfolios. This role involves strong mathematical skills and problem-solving abilities.
    Find Actuary jobs in Tampa, FL


  7. Jacksonville, FL
    Average Salary: $182,624
    Jacksonville offers actuarial roles with firms like Fidelity National Financial. They analyze financial data to help in decision-making. Their work helps companies plan for the future and manage risks effectively.
    Find Actuary jobs in Jacksonville, FL


  8. Stamford, CT
    Average Salary: $181,968
    Stamford provides opportunities with insurance giants like The Hartford and Travelers. Actuaries here create financial models and assess risks. Their work supports the insurance industry's growth and stability.
    Find Actuary jobs in Stamford, CT


  9. Las Vegas, NV
    Average Salary: $181,290
    In Las Vegas, professionals work with companies like MGM Resorts and Caesars Entertainment. They analyze data to manage risks in the gaming and hospitality industries. This job requires a strong understanding of statistical analysis.
    Find Actuary jobs in Las Vegas, NV


  10. Tallahassee, FL
    Average Salary: $180,429
    Tallahassee offers actuarial roles with State Farm and Florida Blue. Actuaries here develop models to assess risks and create financial strategies. Their work helps ensure businesses operate smoothly and manage their finances effectively.
    Find Actuary jobs in Tallahassee, FL

What are the best companies a Actuary can work for?

Top companies for actuaries offer excellent salaries and benefits. USAA leads with an average salary of $202,819. Brighthouse Financial, Deloitte, and DW Simpson also provide competitive pay. These firms value skilled actuaries and invest in their success. Actuaries at these companies enjoy strong financial rewards and career growth. Brighthouse Financial, Deloitte, and DW Simpson follow closely behind USAA. They offer salaries around $190,000 to $200,000. This reflects their commitment to top talent in the industry.
Graph displaying best paying company salaries for Actuary jobs, highlighting USAA with the highest at $202,819 and CSAA Insurance Group with the lowest at $168,500.
  1. USAA
    Average Salary: $202,819
    USAA offers top-tier compensation for actuaries. The company focuses on financial services for the military. It operates across the United States. USAA values experienced actuaries for their risk assessment skills, making it a great place to work.


  2. Brighthouse Financial
    Average Salary: $202,167
    Brighthouse Financial provides competitive pay for actuaries. This company offers life insurance and annuities. It operates across the United States. Actuaries here work on long-term financial planning, making their skills highly valuable.


  3. Deloitte
    Average Salary: $193,780
    Deloitte pays well for actuaries. Deloitte provides consulting and auditing services. It operates worldwide. Actuaries at Deloitte help businesses manage risk, offering them a chance to work on diverse projects.


  4. DW Simpson
    Average Salary: $191,454
    DW Simpson offers high salaries for actuaries. This company focuses on recruitment for insurance and financial services. It operates across the United States. Actuaries here help companies find top talent, combining their expertise with recruitment.


  5. Genworth
    Average Salary: $189,537
    Genworth provides good pay for actuaries. The company offers financial protection products. It operates in many countries. Actuaries at Genworth work on creating insurance solutions, helping people secure their future.


  6. Berkley
    Average Salary: $189,091
    Berkley pays well for actuaries. This company focuses on insurance and risk management. It operates in the United States. Actuaries here help businesses manage their risks effectively.


  7. Liberty Mutual Insurance
    Average Salary: $176,521
    Liberty Mutual Insurance offers competitive pay for actuaries. It provides various insurance services. The company operates across the United States. Actuaries here assess risks and help create insurance policies.


  8. Pacific Life
    Average Salary: $175,188
    Pacific Life pays well for actuaries. This company offers life insurance and retirement solutions. It operates in the United States and Asia. Actuaries at Pacific Life work on long-term financial planning, ensuring clients' financial security.


  9. Nationwide Mutual Insurance Company
    Average Salary: $169,740
    Nationwide Mutual Insurance Company provides good pay for actuaries. It offers a range of insurance products. The company operates across the United States. Actuaries here play a key role in managing risks and ensuring financial stability.


  10. CSAA Insurance Group
    Average Salary: $168,500
    CSAA Insurance Group offers solid compensation for actuaries. It provides insurance services to members of the military and their families. The company operates in the United States. Actuaries here help manage risks and secure the financial future of their clients.

How to earn more as a Actuary?

Becoming an actuary means playing a crucial role in managing risk and finance for businesses. This role offers the chance to earn a good salary. There are several ways to boost your earnings in this field. By focusing on certain areas, you can earn more over time.

First, gaining more experience in the field can lead to higher pay. Companies often offer more money to actuaries with more years of experience. Building your skills and knowledge in actuarial science also helps. This can include taking on complex projects or working with different types of insurance. Second, earning more certifications can help. These certifications show your skills and commitment to the profession. They can open the door to higher-paying positions.

Here are some key factors to consider for earning more as an actuary:

  • Gain more experience: Working in the field for several years can lead to higher earnings.
  • Earn certifications: Additional certifications can increase your earning potential.
  • Specialize in a niche: Focusing on a specific area can make you more valuable.
  • Seek advanced roles: Moving into managerial or consulting positions can offer higher salaries.
  • Network and build relationships: Strong connections can lead to better job opportunities and pay.

Currently 173 Actuary job openings, nationwide.

How's the job market for a Actuary in the US?

Learn what a Actuary does, how to become one, and understand the job outlook. Get simple steps to start your career as a Actuary today.
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Actuary
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