Actuary

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October 30, 2016

Jobs

Actuary Job Description

Actuaries Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

Actuary Salary Statistics as of 2015

Average annual salary for a Actuary is $82352 based on statistics in the U.S. as of 2015. The highest salary recorded was $158211. The lowest salary reported was $50205. These figures will vary on a state to state basis as these are averages across all 50 states.

Median hourly wage for a Actuary is $22.88 based on statistics in the U.S. as of 2015. The highest hourly rate recorded was $29.48. The lowest hourly rate recorded was $16.28. These figures will vary on a state to state basis as these are averages across all 50 states.

Bonuses for a Actuary are based on the years of experience using statistics from the U.S. as of 2015. The average bonus recorded was $15332 from people with 15+ years of experience. The average bonus recorded was $2000 from people with under 1 year of experience.

These are the highest paying states for a Actuary. These numbers are based off the median annual salary as of 2015.
California – $49,316 – $144,045
Connecticut – $50,339 – $152,679
Illinois – $51,159 – $137,455
Minnesota – $49,817 – $132,333
New York – $49,401 – $154,217
Pennsylvania – $54,939 – $157,120
Texas – $46,811 – $128,108

These are the highest paying cities for a Actuary. These numbers are based off the median annual salary as of 2015.
New York, New York –
Chicago, Illinois –
Hartford, Connecticut –
Dallas, Texas –
Minneapolis, Minnesota –
Boston, Massachusetts –
Philadelphia, Pennsylvania –

This chart outlines the average annual salary of a Actuary from the past 5 years. In 2015 the average annual salary was $82352 while in 2007 it was just $76371.8

Job Outlook

Gender Statistics

Related Jobs

25%

75%

Based on our stats gathered across the U.S. 25% of Actuarys were females while 75% were males. These numbers are based on averages across all states combined. Some individual states may have a much different ratio however.

Past Jobs

Actuarial Analyst
$44,562 – $76,282
Senior Actuarial Analyst
$59,645 – $99,634
Entry Level Actuarial Analyst
$38,781 – $63,565

Future Jobs


Actuary Jobs

 

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