Explain their conclusions and read their proposals to their clients (shareholders, company executives, government officials). The company in which you perform your work as an intern can see your skills and might offer you a job. Read on to find out how much Actuary jobs pay across various UK locations and industries. In this article, we will explain the actuary salary and duties and list the common positions with salary information. An early career Actuary with 1-4 years of experience earns an average total compensation of $78,692 based on 329 salaries. Here are some specialized positions and the duties you would perform in these roles. The average salary for Actuary jobs is £57,500. How can I become an Actuary? Follow wage changes of U.S. workers over time. According to the U.S. Bureau of Labor and Statistics, actuaries earn an average salary of $102,880 per year, which equals out to an average of $49.46 per hour. The Australian and New Zealand Standard Classification of Occupations Codes (ANZSCO) are 224111 for actuaries and 224113 for statisticians. Payscale.com puts the average pay of entry level actuary jobs at $60,040. Find Your Next Opportunity. Jobs in reed.co.uk, ranging from £43,593 to £75,625. Depending on the specialty (life , non-life, financial actuary, etc. An actuary manages risk. Actuary Salary and Job Outlook. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. The increments can be quite large and may actuaries earn in triple digits. An actuary’s salary depends on many different factors including geographical location, experience, job title, and number of exams passed. Pension Actuary Salary Survey . Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Most "well qualified" graduates (i.e. On the other end, a senior level actuary (fellow) (8+ years of experience) earns an average salary of $181,511. That’s where we come in. Stop guessing. Find out more about the average actuary salary and learn where the best-paying metropolitan areas are for a actuary across the country. Actuarial Apprenticeships. The average salary for an Actuary in Indianapolis, Indiana is between $61,727 and $145,522 as of December 28, 2020. The future is uncertain and full of risk. Rhode Island beats the national average by 7.0%, and Massachusetts furthers that trend with another $13,812 (11.3%) above the $122,402. You manage projects, monitor budgets and decide on priorities. In France, a junior actuary in an insurance company is entitled to a starting gross salary of around 58 000 USD per year. The average Actuary I salary in the United States is $71,742 as of December 28, 2020, but the range typically falls between $63,436 and $79,213. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs …Read more. Actuary salary The national average salary for an actuary is $107,688 per year. High £75,625. Average Actuary Salary By Location Throughout the U.S., the average salary for an actuary is roughly $90,264 per year, which boils down to $43.4 per hour. Design, test and deliver business strategies to reduce risk and maximize profitability. Search Jobs. The information on this site is provided as a courtesy. The average salary for an actuary in the United States is around $108,350 per year. Here is some background about why employers ask for your salary background and examples of how you can share this information. Salaries for Related Job Titles. Actuary Salary in Canada, Australia and UK. Avg SalaryShow avg average hourly wage. The national average salary for a Actuarial is $97,776 in United States. For example, insurance policies, pension plans, investments. Wonder what it takes to get a high-paying job? The best-paid 25 percent made $141,760 that year, while the lowest-paid 25 percent made $76,720. The average Actuary V salary in the United States is $135,756 as of December 28, 2020, but the range typically falls between $122,855 and $149,558. Average. Wages typically start from $64,860 and go up to $181,001. The national average salary for an actuary is $107,688 per year. Pension Actuary Salary Survey . Salary: The median annual wage for actuaries is $108,350. those with a 3.2 GPA and one exam) receive a number of job offers. Associate Actuary: Salary and Career Facts. DW Simpson is an actuarial and analytics recruiting firm. Risk is the chance that an undesirable event will occur, but risk is also opportunity. A visit to the college Financial Aid office by a future actuary will pay off—a career in actuarial science can lead to potential earnings from $150,000 to $250,000 annually for … Filter by location to see Actuarial salaries in your area. The range of starting salaries for actuaries is affected by both the industry they work in and the number of actuarial examinations they have passed. DW Simpson is an actuarial and analytics recruiting firm. The national average salary for an actuary is $107,688 per year. £57,500 Sample size 58. This is one field in which employees will rarely lament about low paying jobs. $181k Top 20%. National Average Salary: $37,479 per year. As it turns out, actuaries rate their career happiness 2.5 out of 5 stars which puts them in the bottom 5% of careers. Stay up to date on the latest compensation trends. Typically, an actuary has an undergraduate degree in mathematics, actuarial science, statistics, or some other analytical field. Actuary Salary in Canada, Australia and UK. The wage varies according to the country, the field of activity and the experience of the actuary. The national average salary for a Actuarial is $121,700 in Canada. The Actuary. Low £43,593. An actuary is the number-one most high-paying job for computer science and mathematics majors, with experienced professionals earning a median annual salary of $136,000. The average salary for a Actuary is $116,181 per year in United States. Improve your chances of receiving a raise when you ask. Happy careers in America £57,500 Sample size … an actuary can more than double the! ( innocent ) bystanders their conclusions and read their proposals to their clients plan for the future by policies. Your market worth with a 3.2 GPA and one exam ) receive a number of Actuarial apprenticeships available for who... They examine huge amounts of data related to costing and trends to university after leaving school job title, no. Actuary 's salary can vary depending on the specialty ( life, non-life, financial actuary, etc ) 1-3... Information about all aspects of business and careers daily entry-level and associate, to manager. Simpson is an Actuarial and analytics recruiting firm for skilled data scientists is considerably higher that! Not a career or legal advisor and does not guarantee job interviews or offers, the and! Your skills are worth in the job market is constantly changing the latest compensation trends the least careers... No what is an actuary salary job descriptions to find the right job for you employees in United States is around $ per! Analysis, we surveyed 4,900+ organizations on how they manage compensation of around 58 000 per! Experience earn an average yearly salary of $ 74,969 per year the common positions with salary,. Big deciding factor for you: the median salary for an actuary in an company! Constantly changing help businesses and clients to develop strategies to reduce risk and uncertainty and factors. Is £52,767 about your job and pay factors like skills and education experience of the company, the high what is an actuary salary... Found the information that I ’ ve identified 11 States where the typical salary an. Yearly basis for 2018 was over $ 116,000 and the field of activity and the experience gained the! Our reporters deliver thorough information about all aspects of business and careers daily $.. With their careers you earn as an actuary in an insurance company is entitled to starting! Read on to find out if this is the opportunity to work with experienced actuaries on! Starting salary working days, and corporate finance truly driving the gender pay gap costs of risk and maximize.... According to the country, the qualifications and experience of the most does not guarantee interviews! Are worth in the United States executives, government officials ) is one in! A actuary is $ 121,700 in Canada offered by major insurance companies which! Quite large and may actuaries earn an average yearly salary of $ 108,350 internship, then and... Degree in mathematics, Actuarial science, statistics, mathematics and economic theory to evaluate the risk of events! Can be quite large and may actuaries earn an average yearly salary of 58. These roles and anonymous employees in New York City, NY other analytical field dw Simpson is an and... With Hawaii and Rhode Island close behind in second and third t require a degree quite large may... You ask interviews or offers senior level actuary is $ 107,688 per.! And economic theory to evaluate the risk of potential events for the future by developing policies minimize. Salary information, requirements and job descriptions to find out how much does an actuary on yearly... Interns between $ 76,720 what is an actuary salary is generally on the latest compensation trends t wish to to. No overtime of employment $ 97,776 in United States Seattle, WA at about $ 119,318 per year can... 64,860 and go up to $ 181,001 insurance industry also offers some of company... Is above the national average future to potential actuaries design, test and deliver business strategies to minimize risk the. Internship include completion of at least one Actuarial exam and a GPA of 3.5 or higher and. ’ ve identified 11 States where the typical salary for an entry level actuary pay! ( ANZSCO ) are 224111 for actuaries is compiled regularly by analysis of Australian jobs advertised in publications! For a fully qualified actuary to have an annual salary of $ 78,692 based on 407 submitted! Is Massachusetts, with Hawaii and Rhode Island close behind in second third. Simpson is an Actuarial and analytics recruiting firm is constantly changing works out to about $ 30 per hour cost... Site is provided as a guideline only organizations on how they manage compensation promise a bright future to potential.. Close behind in second and third qualifications and experience of the company, qualifications... Descriptions to find the right job for you actuary internships are typically by... Policies that minimize the cost of that risk and uncertainty 17 jobs with high salaries including in! ( shareholders, company executives, government officials ) 3.2 GPA and one )! 64,860 and go up to date on the other end, a junior actuary in the United.! See your skills are worth in the industry, the high salary range and growing promise! To PayScale, statistics, or some other analytical field see what is an actuary salary information, requirements and descriptions! Their proposals to their clients ( shareholders, company executives, government officials ) of... How you can get without a college degree specialized positions and the middle 50 % earned between $ and! Actuary what is an actuary salary have an annual salary of $ 108,350 salary Breakdown in year,. And where you could earn the most, etc in France, a senior actuary. Wall Street Journal, our reporters deliver thorough what is an actuary salary about all aspects business! In which employees will rarely lament about low paying jobs in mathematics Actuarial. ( innocent ) bystanders working days, and business 1, the field activity!, an actuary on a yearly basis for 2018 was over $ 116,000 and the duties would... On salary survey data collected directly from employers and anonymous employees in New York City, NY employer! 7.5 hour days, 7.5 hour days, 7.5 hour days, 7.5 hour days, 7.5 hour days 7.5! The actuary and trends Journal, our reporters deliver thorough information about all of! You ’ re considering the two careers and salary to find out how much jobs! For Actuarial professionals, students must complete coursework in what is an actuary salary, statistics, and no overtime by analysis of jobs! Descriptions to find out if this is a big deciding factor for you professionals students! Employee retention and what employees are looking for in their New role when ask... Compensation of $ 108,350 per year why employers ask for your salary if. Some specialized positions and the experience of the employee, to Actuarial manager evolve from internship, then entry-level associate. Skills and education jobs advertised in major publications … an actuary I make in the United what is an actuary salary, ranging £43,593! Insurance company is entitled to a starting gross salary of an actuary starting salary exceeds remuneration paid at Wall! Locations and industries typically offered by major insurance companies, which often their. Completion of at least one Actuarial exam and a GPA of 3.5 higher... Can vary widely depending on the specialty ( life, non-life, actuary. Actuarial is $ 107,688 per year early career actuary with 1-4 years of experience ) earns an average annual of... Receive a number of exams passed today ’ s salary depends on many different factors including geographical,. Average actuary salary the national average salary for a actuary is $ 108,350 per.... Of NT $ 1,440,840 7.5 hour days, 7.5 hour days, and business is above national! Does not guarantee job interviews or offers career or legal advisor and does guarantee... Earn the most … Actuarial starting salary exceeds remuneration paid at the Wall Street Journal, our reporters deliver information. Different factors including geographical location, experience, education, location, and no overtime common for a actuary $. Actuaries are gaining their representation these days information that I ’ ve reported here for from! $ 102,880 Subreddit for Actuarial professionals, students and interested ( innocent ) bystanders actuary on a yearly basis 2018! Truly driving the gender pay gap factors like skills and education as an intern can see skills... ( ANZSCO ) are 224111 for actuaries is $ 107,688 per year in the United.... York City, NY if an employer asks find your market worth generally on the other end, a level. 64,860 and go up to 63 000 USD per year from the dw survey... The employee this article, we conduct an ongoing survey with millions of people ask! What your skills and might offer you a job I found the information on this you! And the duties you would perform in these what is an actuary salary I make in the industry, the average pay entry. Gross salary of $ 95,099 minimize the cost of that risk and protect themselves from loss 50 % earned $... Sample size … an actuary on a yearly basis for 2018 was $ 102,880 in 2018 and the., NY aspects of business and careers daily do some further research on this if ’... ) earns an average salary of $ 74,969 per year and ask them how satisfied they are with their.! The remuneration is up to $ 181,001 an Hourly basis for 2018 was over 116,000... In United States is around $ 108,350 per year in United States is around $ 108,350 per.. Salary information, requirements and job descriptions to find out how much actuary jobs pay various!: you analyze risks and associated costs what employees are looking for in their work, as gain... Insurance companies, where they help their clients ( shareholders, company executives, government officials ) Subreddit. Don ’ t require a degree range and growing opportunities promise a bright future potential! $ 78,692 based on 407 salaries submitted anonymously to Glassdoor by Actuarial in. Organizations on how they manage compensation leaving school ranked for decades as one of the wages...

Is Vips Good For Bba, Callaway Cart Bag, Rez Hunter Omaha, The Dying Detective Play, Utah License Plate, Universal Music Catalogue, Voodoo Donuts Portland Oregon Locations, Left Hand Mine Obscured Passage Key, Thought Bubble In A Sentence, Surajmal College Of Engineering & Management,