Pricing Actuary Salaries

Position

Salary

How much does a Pricing Actuary make?

The average salary for a Pricing Actuary is $172,458 per year in the US.

Graph depicting the yearly salary distribution for Pricing Actuary positions, showing an average salary of $172,458 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Pricing Actuary positions, showing an average salary of $172,458 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Pricing Actuary positions, showing an average salary of $172,458 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Pricing Actuary positions, showing an average salary of $172,458 with varying distribution percentages across salary ranges.

Pricing Actuaries play a key role in the insurance and finance industries. They use their skills to set prices for products and services. This job can be very rewarding, and the salary reflects that. The average yearly salary for a Pricing Actuary is around $172,458. This means that many people in this role earn a good living.

The salary for a Pricing Actuary can vary based on experience and location. Here are some common salary ranges:

25th percentile: $117,000
50th percentile: $163,945
75th percentile: $210,890

These numbers show that as a Pricing Actuary gains more experience, their salary can increase significantly. This makes the job very attractive for those looking to advance in their careers.

What are the highest paying cities for a Pricing Actuary?

Chicago, IL, offers some of the highest salaries for Pricing Actuary jobs. The average salary in this city reaches up to $182,789. This makes it a top choice for professionals seeking lucrative opportunities in this field. A career in Chicago can provide both financial rewards and a vibrant professional environment. The city's strong financial sector supports a high demand for skilled actuaries, ensuring competitive compensation packages.

Graph displaying highest paying cities salaries for Pricing Actuary jobs, highlighting Chicago, IL with the highest at $182,789 and Chicago, IL with the lowest at $182,789.

Chicago, IL
Average Salary: $182,789
In Chicago, actuaries thrive in a bustling financial hub. They work for major insurance companies, using their skills to set fair prices for policies. With a strong job market, professionals find ample opportunities to grow and advance.
Find Pricing Actuary jobs in Chicago, IL

What are the best companies a Pricing Actuary can work for?

Liberty Mutual Insurance offers one of the highest salaries for Pricing Actuary jobs, averaging around $174,409. This makes it a top choice for those seeking a lucrative career in this field. American Family Insurance also provides a competitive salary, with an average of $150,500 for Pricing Actuaries. These companies value skilled actuaries and offer attractive compensation packages.

Graph displaying best paying company salaries for Pricing Actuary jobs, highlighting Liberty Mutual Insurance with the highest at $174,409 and American Family Insurance with the lowest at $150,500.

Liberty Mutual Insurance
Average Salary: $174,409
Liberty Mutual Insurance offers competitive salaries for Pricing Actuaries. They work in various locations, including Boston, MA, and Hartford, CT. The company values data-driven decision-making and offers opportunities for professional growth.
American Family Insurance
Average Salary: $150,500
American Family Insurance provides a solid salary for Pricing Actuaries. They operate in Madison, WI, and other key locations. The company emphasizes innovation and offers a supportive work environment.

How to earn more as a Pricing Actuary?

A Pricing Actuary can increase their earnings through various strategies. They can focus on gaining more experience in the field, which often leads to higher-paying positions. Specializing in a niche area, such as health insurance or property and casualty, can also make an actuary more valuable. Networking with industry professionals and attending relevant conferences can open up new job opportunities. Continuous education and obtaining advanced certifications can enhance skills and marketability. Lastly, negotiating salary and benefits effectively can lead to higher compensation.

To maximize earnings, consider the following factors:

Gain more experience in the field.
Specialize in a niche area.
Network with industry professionals.
Obtain advanced certifications.
Negotiate salary and benefits effectively.

Pricing Actuary Salaries

How much does a Pricing Actuary make?

What are the highest paying cities for a Pricing Actuary?

What are the best companies a Pricing Actuary can work for?

How to earn more as a Pricing Actuary?

Currently 110 Pricing Actuary job openings, nationwide.

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

Win at hiring.