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Actuary salary
Average actuary salary
$88,255
How much does an actuary make?
The average actuary salary in the United States is $88,255. Actuary salaries typically range between $52,000 and $147,000 yearly. The average hourly rate for actuaries is $42.43 per hour.
Actuary salary is impacted by location, education, and experience. Actuaries earn the highest average salary in New York.
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Where can an Actuary earn more?
Actuary Salaries By Experience Level
Experience Level  | Avg. Salary | Hourly Rate |
|---|---|---|
| Entry-level actuary | $68,700 | $33.01 |
| Mid-level actuary | $85,200 | $40.98 |
| Senior-level actuary | $117,000 | $56.29 |
Actuary salary estimates from across the web
Average actuary salary by state
Highest paying states for actuaries
| Rank | State | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York | $114,166 | $54.89 |
| 2 | Connecticut | $107,465 | $51.67 |
| 3 | Maine | $104,681 | $50.33 |
| 4 | Delaware | $105,100 | $50.53 |
| 5 | New Jersey | $105,261 | $50.61 |
| 6 | Vermont | $99,933 | $48.04 |
| 7 | Nebraska | $97,570 | $46.91 |
| 8 | Alaska | $101,407 | $48.75 |
| 9 | New Hampshire | $100,017 | $48.09 |
| 10 | Rhode Island | $98,545 | $47.38 |
| 11 | Massachusetts | $103,254 | $49.64 |
| 12 | North Carolina | $99,805 | $47.98 |
| 13 | Wisconsin | $89,908 | $43.23 |
| 14 | Virginia | $98,771 | $47.49 |
| 15 | West Virginia | $91,571 | $44.02 |
| 16 | Kentucky | $92,284 | $44.37 |
| 17 | Nevada | $96,793 | $46.54 |
| 18 | Washington | $98,443 | $47.33 |
| 19 | Iowa | $84,254 | $40.51 |
| 20 | Pennsylvania | $86,764 | $41.71 |
| 21 | North Dakota | $85,286 | $41.00 |
| 22 | Maryland | $96,168 | $46.23 |
| 23 | Missouri | $85,432 | $41.07 |
| 24 | New Mexico | $87,666 | $42.15 |
| 25 | District of Columbia | $95,448 | $45.89 |
| 26 | Alabama | $86,449 | $41.56 |
| 27 | Idaho | $91,744 | $44.11 |
| 28 | Colorado | $85,355 | $41.04 |
| 29 | Illinois | $82,095 | $39.47 |
| 30 | Minnesota | $80,226 | $38.57 |
| 31 | California | $92,291 | $44.37 |
| 32 | Mississippi | $85,111 | $40.92 |
| 33 | Arizona | $80,870 | $38.88 |
| 34 | Texas | $80,785 | $38.84 |
| 35 | Utah | $85,601 | $41.15 |
| 36 | Georgia | $77,150 | $37.09 |
| 37 | Indiana | $79,288 | $38.12 |
| 38 | Oregon | $73,121 | $35.15 |
| 39 | Wyoming | $62,168 | $29.89 |
| 40 | Tennessee | $80,420 | $38.66 |
| 41 | Florida | $78,628 | $37.80 |
| 42 | Michigan | $75,702 | $36.40 |
| 43 | Kansas | $73,511 | $35.34 |
| 44 | Arkansas | $68,152 | $32.77 |
| 45 | Montana | $59,173 | $28.45 |
| 46 | South Dakota | $58,746 | $28.24 |
| 47 | Ohio | $68,632 | $33.00 |
| 48 | Oklahoma | $68,139 | $32.76 |
| 49 | Hawaii | $55,337 | $26.60 |
| 50 | Louisiana | $62,836 | $30.21 |
| 51 | South Carolina | $61,118 | $29.38 |
Highest paying cities for actuaries
The highest-paying cities for actuaries are New York, NY, Hartford, CT, and Portland, ME.
| Rank | City | Avg. Salary | Hourly Rate |
|---|---|---|---|
| 1 | New York, NY | $114,375 | $54.99 |
| 2 | Hartford, CT | $107,566 | $51.71 |
| 3 | Portland, ME | $105,380 | $50.66 |
| 4 | Jersey City, NJ | $105,357 | $50.65 |
| 5 | Wilmington, DE | $105,325 | $50.64 |
| 6 | Springfield, MA | $103,436 | $49.73 |
| 7 | Raleigh, NC | $102,093 | $49.08 |
| 8 | Arlington, VA | $100,718 | $48.42 |
| 9 | Seattle, WA | $98,936 | $47.57 |
| 10 | Baltimore, MD | $96,427 | $46.36 |
| 11 | Washington, DC | $95,544 | $45.93 |
| 12 | San Francisco, CA | $95,382 | $45.86 |
| 13 | Madison, WI | $88,256 | $42.43 |
| 14 | Philadelphia, PA | $87,162 | $41.90 |
| 15 | Chesterfield, MO | $86,155 | $41.42 |
| 16 | Denver, CO | $85,315 | $41.02 |
| 17 | Cedar Rapids, IA | $85,059 | $40.89 |
| 18 | Chicago, IL | $82,684 | $39.75 |
| 19 | Fort Wayne, IN | $82,266 | $39.55 |
| 20 | Austin, TX | $81,691 | $39.27 |
Actuary salary details
An actuary's salary ranges from $52,000 a year at the 10th percentile to $147,000 at the 90th percentile.
What is an actuary's salary?
| Percentile | Annual Salary | Monthly Salary | Hourly Rate |
|---|---|---|---|
| 90th Percentile | $147,000 | $12,250 | $71 |
| 75th Percentile | $115,000 | $9,583 | $55 |
| Average | $88,255 | $7,355 | $42 |
| 25th Percentile | $67,000 | $5,583 | $32 |
| 10th Percentile | $52,000 | $4,333 | $25 |
Highest paying actuary jobs
The highest paying types of actuaries are product development actuary, health actuary, and actuarial associate.
| Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| Actuarial Internship | $90,428 | $7,536 | $43.48 | 49,146 |
| Actuarial Consultant | $91,160 | $7,597 | $43.83 | 17,305 |
| Actuarial Analyst | $75,593 | $6,299 | $36.34 | 41,511 |
| Pricing Actuary | $65,091 | $5,424 | $31.29 | 15,444 |
| Health Actuary | $99,496 | $8,291 | $47.83 | 48,396 |
Top companies hiring actuaries now:
Which companies pay actuaries the most?
Actuary salaries at PayPal and Google are the highest-paying according to our most recent salary estimates. In addition, the average actuary salary at companies like McKinsey & Company Inc and Uber Technologies are highly competitive.
| Rank | Company | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | PayPal | $137,675 | $66.19 |
| 2 | $136,065 | $65.42 | |
| 3 | McKinsey & Company Inc | $134,487 | $64.66 |
| 4 | Uber Technologies | $126,946 | $61.03 |
| 5 | AIG | $121,421 | $58.38 |
| 6 | Oliver Wyman | $120,799 | $58.08 |
| 7 | JPMorgan Chase & Co. | $119,354 | $57.38 |
| 8 | Credit Suisse | $118,237 | $56.84 |
| 9 | W. R. Berkley | $116,515 | $56.02 |
| 10 | Aetna | $116,196 | $55.86 |
| 11 | MetLife | $113,412 | $54.52 |
| 12 | Genworth | $112,838 | $54.25 |
| 13 | Ameriprise Financial | $112,012 | $53.85 |
| 14 | F&G | $111,961 | $53.83 |
| 15 | MassMutual | $111,289 | $53.50 |
| 16 | Western & Southern Financial Group | $110,421 | $53.09 |
| 17 | Affiliated Computer Services | $109,993 | $52.88 |
| 18 | Watson Wyatt | $109,512 | $52.65 |
| 19 | Chubb | $109,253 | $52.53 |
| 20 | Riverstone Holdings | $109,175 | $52.49 |
Wage gap by gender, race and education
Actuary salary by industry
The average actuary salary varies across industries:
- The average actuary salary in the professional industry is $104,015, the highest of any industry.
- The average actuary salary in the finance industry is $100,627.
- Actuaries in the manufacturing industry earn an average salary of $96,897, the lowest of any industry.
Highest paying industries for actuaries
| Rank | Industry | Average Salary | Hourly Rate |
|---|---|---|---|
| 1 | Professional | $104,015 | $50.01 |
| 2 | Insurance | $100,627 | $48.38 |
| 3 | Finance | $100,537 | $48.34 |
| 4 | Manufacturing | $96,897 | $46.59 |
High Paying Actuary Jobs
Actuary salary trends
The average actuary salary has risen by $15,874 over the last ten years. In 2014, the average actuary earned $72,381 annually, but today, they earn $88,255 a year. That works out to a 10% change in pay for actuaries over the last decade.
Compare actuary salaries for cities or states with the national average over time.
Average actuary salary over time
Compare actuary salaries for individual cities or states with the national average.
- National Average
- Columbus, OH
Actuary salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $88,300 | $42.43 | +2.4% |
| 2024 | $86,100 | $41.41 | +5.0% |
| 2023 | $81,800 | $39.32 | +1.3% |
| 2022 | $80,700 | $38.81 | +0.9% |
| 2021 | $80,000 | $38.45 | +3.5% |
Recently added actuary salaries
| Company | Job | Location | Date Added | Salary |
|---|---|---|---|---|
| Thrivent Builds for Habitat for Humanity | Staff Actuary I, Expense Actuary | Appleton, WI | 12/16/2024 | $102,023 |
| Vouch, Inc. | Senior Actuary | Chicago, IL | 12/16/2024 | $500 |
| Hannover Re | SR. Actuary | Orlando, FL | 12/16/2024 | $146,400 |
| Brighthouse Financial, Inc. | Managing Actuary or Morristown, NJ (Hybrid) or Remote) | Charlotte, NC | 12/15/2024 | $125,000 |
| The Hartford | Directory & Assistant Actuary, Cyber | Hartford, CT | 12/15/2024 | $130,400 |
| UNUM Group | Modeling Actuary (Hybrid) | Portland, ME | 12/14/2024 | $89,400 |
| DW Simpson | Actuary-Reserving | New York, NY | 12/13/2024 | $110,000 |
| DW Simpson Global Actuarial & Analytics Recruitment | Retained-Pension Actuary-Employer Markets (#54712) | Minneapolis, MN | 12/12/2024 | $120,000 |
| Department of Labor | Actuary | Washington, DC | 12/12/2024 | $122,198 |
| Principal Financial Services, Inc. | Actuary-Life Risk Modeling | Des Moines, IA | 12/11/2024 | $137,000 |
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