Actuarial associate demographics and statistics in the US
Actuarial associate demographics research summary. Zippia estimates actuarial associate demographics and statistics in the United States by using a database of 30 million profiles. Our actuarial associate 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 associates after extensive research and analysis:
- There are over 12,279 actuarial associates currently employed in the United States.
- 31.8% of all actuarial associates are women, while 68.2% are men.
- The average actuarial associate age is 39 years old.
- The most common ethnicity of actuarial associates is White (65.5%), followed by Asian (25.0%), Hispanic or Latino (3.7%) and Black or African American (2.9%).
- Actuarial associates are most in-demand in Newark, NJ.
- New York, NY pays an annual average wage of $112,382, the highest in the US.
- In 2022, women actuarial associates earned 95% of what men earned.
- New York is the best state for actuarial associates to live.
- Actuarial associates are 68% more likely to work at private companies in comparison to public companies.
On this page
Actuarial associate demographics by:
Actuarial associate gender statistics
31.8% of actuarial associates are women and 68.2% of actuarial associates are men.
- Male, 68.2%
- Female, 31.8%
Actuarial associate gender ratio
| Gender | Percentages |
|---|---|
| Male | 68.2% |
| Female | 31.8% |
Actuarial associate gender pay gap
Women earn 95¢ for every $1 earned by men
Male income
$95,052
Female income
$90,654
Actuarial associate gender ratio over time
This data breaks down the percentage of men and women in actuarial associate positions over time. Currently, 31.8% of actuarial associates are female.
Actuarial associate gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 66.74% | 33.26% |
| 2011 | 63.85% | 36.15% |
| 2012 | 64.62% | 35.38% |
| 2013 | 67.27% | 32.73% |
| 2014 | 59.86% | 40.14% |
| 2015 | 65.41% | 34.59% |
| 2016 | 70.41% | 29.59% |
| 2017 | 66.80% | 33.20% |
| 2018 | 66.28% | 33.72% |
| 2019 | 67.43% | 32.57% |
| 2020 | 68.51% | 31.49% |
| 2021 | 68.21% | 31.79% |
Actuarial associate related jobs gender ratio
We compared actuarial associates 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 Associate | 68% | 32% |
| 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 associate demographics by race
The most common ethnicity among actuarial associates is White, which makes up 65.5% of all actuarial associates. Comparatively, 25.0% of actuarial associates are Asian and 3.7% of actuarial associates are Hispanic or Latino.
- White, 65.5%
- Asian, 25.0%
- Hispanic or Latino, 3.7%
- Black or African American, 2.9%
- Unknown, 2.9%
- American Indian and Alaska Native, -0.0%
Actuarial associate race
| Actuarial associate race | Percentages |
|---|---|
| White | 65.5% |
| Asian | 25.0% |
| Hispanic or Latino | 3.7% |
| Black or African American | 2.9% |
| Unknown | 2.9% |
| American Indian and Alaska Native | -0.0% |
Actuarial associate race and ethnicity over time
See how actuarial associate racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Actuarial associate race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 76.58% | 0.73% | 19.98% | 1.31% |
| 2011 | 69.99% | 2.89% | 25.21% | 1.08% |
| 2012 | 71.05% | 1.64% | 21.79% | 4.70% |
| 2013 | 72.26% | 1.01% | 23.51% | 1.90% |
| 2014 | 70.45% | 0.99% | 24.77% | 3.14% |
| 2015 | 67.09% | 1.08% | 28.41% | 2.01% |
| 2016 | 72.24% | 1.96% | 21.02% | 2.51% |
| 2017 | 68.45% | 2.05% | 24.62% | 3.15% |
| 2018 | 70.47% | 1.63% | 22.84% | 2.92% |
| 2019 | 73.81% | 2.37% | 20.17% | 2.08% |
| 2020 | 70.55% | 1.68% | 22.53% | 2.74% |
| 2021 | 65.49% | 2.94% | 24.99% | 3.66% |
Actuarial associate wage gap by race
According to our data, asian actuarial associates have the highest average salary compared to other ethnicities. Black or african american actuarial associates have the lowest average salary at $92,555.
| Ethnicity | Salary |
|---|---|
| Unknown | $95,237 |
| White | $97,032 |
| Black or African American | $92,555 |
| Asian | $97,144 |
| Hispanic or Latino | $93,385 |
Average actuarial associate age
See how the average age of actuarial associates varies based on ethnicity and gender.
Male
Female
Actuarial associate age by race and gender
| Race | Male age | Female age |
|---|---|---|
| White | 39 | 38 |
| Black or African American | 33.5 | |
| Asian | 35 | 35 |
Actuarial associate age breakdown
The average age of actuarial associates is 40+ years years old, representing 41% of the actuarial associate population.
Actuarial associate age breakdown
| Actuarial Associate Years | Percentages |
|---|---|
| 40+ years | 41% |
| 30-40 years | 40% |
| 20-30 years | 18% |
Actuarial associate educational attainment
The most common degree for actuarial associates is bachelor's degree, with 83% of actuarial associates earning that degree. The second and third most common degree levels are master's degree degree at 13% and master's degree degree at 3%.
- Bachelor's, 83%
- Master's, 13%
- Associate, 3%
- Doctorate, 1%
Actuarial associates by degree level
| Actuarial associate degree | Percentages |
|---|---|
| Bachelor's | 83% |
| Master's | 13% |
| Associate | 3% |
| Doctorate | 1% |
Actuarial associate jobs you might like
Actuarial associate wage gap by degree level
| Education | Salary |
|---|---|
| Master's Degree | $100,587 |
| Bachelor's Degree | $88,635 |
Actuarial associate employment statistics
Most actuarial associates work for a private in the insurance industry.
Company size where actuarial associates work
Below, you can see the size of companies where actuarial associates work.
Actuarial associate jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 11% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 37% |
| > 10,000 employees | 25% |
Actuarial associate jobs by company type
Employees with the actuarial associate job title have their preferences when it comes to working for a company. For instance, most actuarial associates prefer to work at private companies over public companies.
Actuarial associate jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 29% |
| Private | 68% |
| Government | 1% |
Actuarial associate jobs by industry
The most common industries for actuarial associates are insurance, finance and professional.
Actuarial associate industry statistics
| Industry | Percentages |
|---|---|
| Insurance | 41% |
| Finance | 16% |
| Fortune 500 | 16% |
| Professional | 10% |
| Health Care | 7% |
| Manufacturing | 3% |
| Technology | 2% |
| Education | 1% |
| Media | 1% |
Actuarial associate turnover and employment statistics
Actuarial associate unemployment rate over time
The unemployment rate for actuarial associates between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Actuarial associate unemployment rate by year
| Year | Actuarial associate 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 associate tenure
The average actuarial associate stays at their job for 1-2 years, based on the 428 actuarial associates resumes in Zippia's database.
Actuarial associate tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 8% |
| 1-2 years | 42% |
| 3-4 years | 22% |
| 5-7 years | 16% |
| 8-10 years | 6% |
| 11+ years | 6% |
Actuarial associate LGBT ratio compared to similar jobs
Review the percent of actuarial associates 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 Team Leader | 7.66% | 131,886 |
| Telecommunications Specialist | 7.80% | 29,962 |
| Numerical Analysis Group Manager | 8.31% | 21,056 |
| NOC Technician | 8.39% | 48,270 |
| Operational Risk Analyst | 13.23% | 24,212 |
| Actuarial Associate | 17.69% | - |
| Research And Development Internship | 20.69% | 154,854 |
Similar actuarial associate jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Quality Assurance Team Leader | 7.66% | 131,886 |
| Telecommunications Specialist | 7.80% | 29,962 |
| Numerical Analysis Group Manager | 8.31% | 21,056 |
| NOC Technician | 8.39% | 48,270 |
| Operational Risk Analyst | 13.23% | 24,212 |
| Research And Development Internship | 20.69% | 154,854 |
Foreign languages spoken by actuarial associates
The most common foreign language among actuarial associates is Chinese at 14.3%. The second-most popular foreign language spoken is Spanish at 14.3% and Mandarin is the third-most popular at 14.3%.
- Chinese, 14.3%
- Spanish, 14.3%
- Mandarin, 14.3%
- Korean, 14.3%
- Vietnamese, 7.1%
- Other, 35.7%
Actuarial associate languages spoken
| Foreign language | Percentages |
|---|---|
| Chinese | 14.3% |
| Spanish | 14.3% |
| Mandarin | 14.3% |
| Korean | 14.3% |
| Vietnamese | 7.1% |
| Other | 35.7% |
