Actuarial analyst demographics and statistics in the US
Actuarial analyst demographics research summary. Zippia estimates actuarial analyst demographics and statistics in the United States by using a database of 30 million profiles. Our actuarial analyst estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about actuarial analysts after extensive research and analysis:
- There are over 10,463 actuarial analysts currently employed in the United States.
- 38.9% of all actuarial analysts are women, while 61.1% are men.
- The average actuarial analyst age is 39 years old.
- The most common ethnicity of actuarial analysts is White (67.4%), followed by Asian (21.9%), Hispanic or Latino (4.7%) and Black or African American (3.1%).
- Actuarial analysts are most in-demand in New York, NY.
- Seattle, WA pays an annual average wage of $95,869, the highest in the US.
- In 2022, women actuarial analysts earned 96% of what men earned.
- Washington is the best state for actuarial analysts to live.
- Actuarial analysts are 71% more likely to work at private companies in comparison to public companies.
On this page
Actuarial analyst demographics by:
Actuarial analyst gender statistics
38.9% of actuarial analysts are women and 61.1% of actuarial analysts are men.
- Male, 61.1%
- Female, 38.9%
Actuarial analyst gender ratio
| Gender | Percentages |
|---|---|
| Male | 61.1% |
| Female | 38.9% |
Actuarial analyst gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$77,276
Female income
$74,443
Actuarial analyst gender ratio over time
This data breaks down the percentage of men and women in actuarial analyst positions over time. Currently, 38.9% of actuarial analysts are female.
Actuarial analyst gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 59.50% | 40.50% |
| 2011 | 56.40% | 43.60% |
| 2012 | 57.22% | 42.78% |
| 2013 | 60.08% | 39.92% |
| 2014 | 52.20% | 47.80% |
| 2015 | 58.07% | 41.93% |
| 2016 | 63.54% | 36.46% |
| 2017 | 59.57% | 40.43% |
| 2018 | 59.01% | 40.99% |
| 2019 | 60.25% | 39.75% |
| 2020 | 61.44% | 38.56% |
| 2021 | 61.11% | 38.89% |
Actuarial analyst related jobs gender ratio
We compared actuarial analysts with similar job titles to see how gender ratios vary. As you can see, balance engineer and lead simulation modeling engineer have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Clinical Data Specialist | 25% | 75% |
| Actuary Clerk | 27% | 73% |
| Clinical Data Coordinator | 27% | 73% |
| Actuarial Analyst | 61% | 39% |
| Method Consultant | 80% | 20% |
| Lead Simulation Modeling Engineer | 89% | 11% |
| Balance Engineer | 93% | 7% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Actuarial analyst demographics by race
The most common ethnicity among actuarial analysts is White, which makes up 67.4% of all actuarial analysts. Comparatively, 21.9% of actuarial analysts are Asian and 4.7% of actuarial analysts are Hispanic or Latino.
- White, 67.4%
- Asian, 21.9%
- Hispanic or Latino, 4.7%
- Black or African American, 3.1%
- Unknown, 3.0%
- American Indian and Alaska Native, -0.1%
Actuarial analyst race
| Actuarial analyst race | Percentages |
|---|---|
| White | 67.4% |
| Asian | 21.9% |
| Hispanic or Latino | 4.7% |
| Black or African American | 3.1% |
| Unknown | 3.0% |
| American Indian and Alaska Native | -0.1% |
Actuarial analyst race and ethnicity over time
See how actuarial analyst racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Actuarial analyst race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 78.47% | 0.84% | 16.94% | 2.30% |
| 2011 | 71.88% | 3.00% | 22.18% | 2.07% |
| 2012 | 72.94% | 1.75% | 18.75% | 5.69% |
| 2013 | 74.15% | 1.12% | 20.47% | 2.89% |
| 2014 | 72.34% | 1.10% | 21.74% | 4.13% |
| 2015 | 68.98% | 1.19% | 25.37% | 3.00% |
| 2016 | 74.13% | 2.07% | 17.98% | 3.50% |
| 2017 | 70.34% | 2.16% | 21.58% | 4.13% |
| 2018 | 72.36% | 1.73% | 19.80% | 3.91% |
| 2019 | 75.70% | 2.48% | 17.13% | 3.07% |
| 2020 | 72.44% | 1.79% | 19.49% | 3.73% |
| 2021 | 67.38% | 3.05% | 21.95% | 4.65% |
Actuarial analyst wage gap by race
According to our data, asian actuarial analysts have the highest average salary compared to other ethnicities. Black or african american actuarial analysts have the lowest average salary at $75,671.
| Ethnicity | Salary |
|---|---|
| Unknown | $77,394 |
| White | $78,543 |
| Black or African American | $75,671 |
| Asian | $78,614 |
| Hispanic or Latino | $76,206 |
Average actuarial analyst age
See how the average age of actuarial analysts varies based on ethnicity and gender.
Male
Female
Actuarial analyst age by race and gender
| Race | Male age | Female age |
|---|---|---|
| White | 39 | 38 |
| Black or African American | 33.5 | |
| Asian | 35 | 35 |
Actuarial analyst age breakdown
The average age of actuarial analysts is 40+ years years old, representing 41% of the actuarial analyst population.
Actuarial analyst age breakdown
| Actuarial Analyst Years | Percentages |
|---|---|
| 40+ years | 41% |
| 30-40 years | 40% |
| 20-30 years | 18% |
Actuarial analyst educational attainment
The most common degree for actuarial analysts is bachelor's degree, with 81% of actuarial analysts earning that degree. The second and third most common degree levels are master's degree degree at 16% and master's degree degree at 2%.
- Bachelor's, 81%
- Master's, 16%
- Associate, 2%
- Doctorate, 1%
- Other Degrees, 0%
Actuarial analysts by degree level
| Actuarial analyst degree | Percentages |
|---|---|
| Bachelor's | 81% |
| Master's | 16% |
| Associate | 2% |
| Doctorate | 1% |
| Other Degrees | 0% |
Actuarial analyst jobs you might like
Actuarial analyst wage gap by degree level
| Education | Salary |
|---|---|
| Master's Degree | $80,803 |
| Bachelor's Degree | $73,132 |
Actuarial analyst employment statistics
Most actuarial analysts work for a private in the insurance industry.
Company size where actuarial analysts work
Below, you can see the size of companies where actuarial analysts work.
Actuarial analyst jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 12% |
| 100 - 500 employees | 15% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 37% |
| > 10,000 employees | 20% |
Actuarial analyst jobs by company type
Employees with the actuarial analyst job title have their preferences when it comes to working for a company. For instance, most actuarial analysts prefer to work at private companies over public companies.
Actuarial analyst jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 24% |
| Private | 71% |
| Government | 3% |
Actuarial analyst jobs by industry
The most common industries for actuarial analysts are insurance, finance and professional.
Actuarial analyst industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 48% |
| Finance | 12% |
| Fortune 500 | 12% |
| Professional | 8% |
| Health Care | 6% |
| Government | 2% |
| Internet | 1% |
| Automotive | 1% |
| Manufacturing | 1% |
| Hospitality | 1% |
| Retail | 1% |
| Technology | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Education | 1% |
Actuarial analyst turnover and employment statistics
Actuarial analyst unemployment rate over time
The unemployment rate for actuarial analysts between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Actuarial analyst unemployment rate by year
| Year | Actuarial analyst unemployment rate |
|---|---|
| 2010 | 2.97% |
| 2011 | 1.75% |
| 2012 | 1.35% |
| 2013 | 1.11% |
| 2014 | 1.03% |
| 2015 | 2.62% |
| 2016 | 1.03% |
| 2017 | 0.32% |
| 2018 | 0.87% |
| 2019 | 1.99% |
| 2020 | 0.92% |
| 2021 | 0.53% |
Average actuarial analyst tenure
The average actuarial analyst stays at their job for 1-2 years, based on the 1,756 actuarial analysts resumes in Zippia's database.
Actuarial analyst tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 12% |
| 1-2 years | 40% |
| 3-4 years | 20% |
| 5-7 years | 16% |
| 8-10 years | 6% |
| 11+ years | 6% |
Actuarial analyst LGBT ratio compared to similar jobs
Review the percent of actuarial analysts that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Quality Assurance Consultant | 7.66% | 91,395 |
| Engineering Specialist | 7.80% | 74,442 |
| Trend Investigator | 8.31% | 4,427 |
| Systems Administrator | 8.39% | 134,500 |
| Inventory Control Analyst | 13.23% | 48,044 |
| Actuarial Analyst | 17.69% | - |
| Data Scientist | 20.69% | 106,973 |
Similar actuarial analyst jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Quality Assurance Consultant | 7.66% | 91,395 |
| Engineering Specialist | 7.80% | 74,442 |
| Trend Investigator | 8.31% | 4,427 |
| Systems Administrator | 8.39% | 134,500 |
| Inventory Control Analyst | 13.23% | 48,044 |
| Data Scientist | 20.69% | 106,973 |
Foreign languages spoken by actuarial analysts
The most common foreign language among actuarial analysts is Spanish at 24.3%. The second-most popular foreign language spoken is Chinese at 14.0% and Mandarin is the third-most popular at 11.2%.
- Spanish, 24.3%
- Chinese, 14.0%
- Mandarin, 11.2%
- French, 7.5%
- German, 6.5%
- Other, 36.5%
Actuarial analyst languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 24.3% |
| Chinese | 14.0% |
| Mandarin | 11.2% |
| French | 7.5% |
| German | 6.5% |
| Other | 36.5% |
