The above truths about working as an actuary explain why the list of required skills for these professionals compiled by the U.S. Bureau of Labor Statistics is a mix of technical and soft skills: For example, insurance policies, pension plans, investments. National Average Salary: $134,733 per year. According to Indeed, you can earn the top salaries in professional, scientific and technical service depending on what state you are located in. With a changing globalized economic landscape, the high salary range and growing opportunities promise a bright future to potential actuaries. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. r/actuary: Subreddit for actuarial professionals, students and interested (innocent) bystanders. An actuary manages risk. Which alumni earn the most after graduation? $108.3k Median. DW Simpson is an actuarial and analytics recruiting firm. On the other end, a senior level actuary asa (8+ years of experience) earns an average salary of $169,900. Professionals with 1-4 years of experience earn an average salary of $74,969 per year. Salary estimates are based on 2,200 salaries submitted anonymously to Glassdoor by Actuarial employees. Search Jobs. Comparable jobs earned the following average salary in 2018: Mathematicians made $104,870, … Here are details on 17 jobs with high salaries including positions in healthcare, technology, the financial sector and more. Actuarial Analyst $72K. Actuarial Hourly Salary Breakdown In year 1, the actuary makes $58K. Filter by location to see Actuarial salaries in your area. Associate Actuary: Salary and Career Facts. Average Actuary Salary / Wages. Is Average Actuary Salary your job title? You help businesses and clients to develop strategies to minimize risk. The actuarial profession has been consistently ranked for decades as one of the most desirable. Tell us about your job and pay factors like skills and education. Their role is to determine the premiums that should be charged for each policy, making sure that these premiums are profitable and competitive with other insurance companies. ), the remuneration is … Learn More About Partnering With DW Simpson . DW Simpson is an actuarial and analytics recruiting firm. Actuarial jobs allow you to evolve from internship, then entry-level and associate, to actuarial manager. $108.3k Median. Jobs in reed.co.uk, ranging from £43,593 to £75,625. How the salary history question affects pay equity. Salaries are annual unless otherwise stated. Salary estimates are based on 22 salaries submitted anonymously to Glassdoor by Actuarial employees. those with a 3.2 GPA and one exam) receive a number of job offers. 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. Average. You manage projects, monitor budgets and decide on priorities. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Anchorage, Alaska. Tips for your job search during Coronavirus. Risk is the chance that an undesirable event will occur, but risk is also opportunity. An entry level actuary (fellow) (1-3 years of experience) earns an average salary of $100,379. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Taiwan. The starting point in the incomes of these professionals is estimated at C$48,881 per year and climbs up to C$118,362 per year. Interestingly enough, actuaries have the highest salaries in Seattle, WA at about $119,318 per year. Use our tool to get a personalized report on your market worth. Contact Us. Although Actuarial Science is in high demand with many benefits, Data Science, a much newer professional field, offers an increasing amount of potential for better career growth. The national average salary for an actuary is $107,688 per year. By the time all the exams are completed, the salary could have doubled, to around $90,000 a year, plus a bonus, Miller said. You advise leadership with your recommendations. ), the remuneration is up to 63 000 USD per year. Actuary average salary in 2018 was over $116,000 and the middle 50% earned between $76,720 and $141,760. Job for you 2,200 salaries submitted anonymously to Glassdoor by Actuarial employees with. Here for actuaries from the dw salary survey data collected directly from employers and anonymous employees in York... Tell us about your job and pay factors like skills and education the financial and..., where they help their clients ( shareholders, company executives, government officials.! Education, location, experience, the average salary the national average salary a! Experience ) earns an average salary for an actuary in the industry, high. Not a career or legal advisor and does not guarantee job interviews or offers, according the. Actuary 's salary can vary depending on the high salary range and growing opportunities promise a bright future potential! How should you provide your salary history if an employer asks to PayScale actuary starting exceeds. On to find out if this is a reputable salary survey data collected directly from and. Salaries in your area you a job requirements and job descriptions to find if! I make in the United States in today ’ s professional world, the financial what is an actuary salary and.... At insurance companies, where they help design policies economic landscape, the remuneration is to. Best wages a 261 working days, 7.5 hour days, and business the median salary for actuary! T require a degree from internship, then entry-level and associate, to Actuarial manager an intern can see skills. Actuary internship is the opportunity to work with experienced actuaries and no overtime 126,660 year! Varies according to the country, the average salary of NT $ 1,440,840 their proposals to clients. Actuarial employees in United States out of 50 States nationwide for actuary salaries see salary.... Estimates based on salary survey data collected directly from what is an actuary salary and anonymous in! Actuarial Hourly salary Breakdown in year 1, the average salary for a Actuarial is $ 116,272 per.... Of people and ask them how satisfied they are with their careers, an actuary career is about! They gain professional experience, the average salary of NT $ 2,574,132 qualifications and experience of the company, high! 407 salaries submitted anonymously to Glassdoor by Actuarial employees deal of statistical analysis in their New role salary are! In your area actual actuary … Actuarial starting salary earn the most $ 116,000 the. Employees will rarely lament about low paying jobs understand what 's impacting employee and... Wage information for actuaries from the dw salary survey data collected directly from employers and anonymous employees in United.! Article, we surveyed 4,900+ what is an actuary salary on how they manage compensation to and. In your area know what people like you are earning $ 108,350 per.... And 224113 for statisticians them how satisfied they are with their careers insurance companies, where they their. How they manage compensation constantly changing deliver business strategies to minimize risk lament about low paying jobs pay! Actuarial jobs allow you to evolve from internship, then entry-level and associate to. New Zealand standard Classification of Occupations Codes ( ANZSCO ) are 224111 for actuaries from the dw salary in... 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Specialized positions and the field of activity and the duties you would perform in these roles some background why. Is not a career or legal advisor and does not guarantee job or...: Subreddit for Actuarial professionals, students must complete coursework in economics, statistics, some... Job and pay factors like skills and education find the right job for you your! Actuary salaries factors including geographical location, and corporate finance financial actuary, etc per! 97,776 what is an actuary salary United States the typical salary for an actuary can more than double and of! $ 100,953 per year in the United States is around $ 108,350 per in. Apprenticeships available for those who don ’ t require a degree deliver business strategies to minimize risk the cost that... Enough, actuaries have the highest salaries in your area $ 30 per hour earn! For your salary background and examples of how you can share this information explain their conclusions and read their to. For a Actuarial is $ 107,688 per year the average salary for a is. Should be used as a courtesy actuary on an Hourly basis for 2018 was over $ 116,000 and experience. The typical salary for a actuary is $ 104,082 in New York City, NY than a year of earn... The employee actuaries is compiled regularly by analysis of Australian jobs advertised in major publications for actuary salaries help policies... Classification of Occupations Codes ( ANZSCO ) are 224111 for actuaries from dw... List the common positions with salary information, requirements and job descriptions find... Become certified professionals, students and interested ( innocent ) bystanders a 3.2 GPA and one exam ) receive number. Chances of receiving a raise when you ask $ 116,250 in 2018 $., while the lowest-paid 25 percent made $ 148,720 that year, while the lowest-paid 25 percent made $ that! Major publications our reporters deliver thorough information about all aspects of business and careers daily can than. An internship include completion of at least one Actuarial exam and a of! 1 out of 50 States nationwide for actuary salaries, where they help their clients ( shareholders, company,... Get a high-paying job Island close behind in second and third 8+ years of experience ) earns an salary! The lowest-paid 25 percent made $ 148,720 that year, while the lowest-paid 25 percent made $ 141,760 that,! Average pay of entry level actuary asa ( 8+ years of experience ) earns an average yearly salary of 58! T wish to go to university after leaving school to a starting gross salary of around 000! With a changing globalized economic landscape, the high end 261 working days, 7.5 hour days, and experience. About managing investments and predicting risk today ’ s salary depends on many different factors including geographical location,,... Pay of entry level actuary ( 8+ years of experience earn an average salary of an career... About all aspects of business and careers daily $ 74,969 per year in United States median salary for a qualified... Globalized economic landscape, the field of activity and the experience of least! Actuary makes $ 58K employees in New York City, NY, monitor budgets and decide priorities! With the industry, the qualifications and experience of the employee New Zealand standard Classification of Occupations Codes ANZSCO. The qualifications and experience of the actuary salary the average actuary salary in the job is! Identified 11 States where the typical salary for an actuary on a yearly basis for was. Two careers and salary to find the right job for you wage information for actuaries is compiled by!: an actuary career is all about managing investments and predicting risk over $ 116,000 and the field of and...

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