Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Actuarial associate salary
Average actuarial associate salary
$92,434
Understanding Actuarial Associate Salaries
As of October 2025, the average salary for an Actuarial Associate reaches approximately $92,434 per year. Factors influencing this salary include geographic location, years of experience, and the specific industry. For example, metropolitan areas with a high cost of living often offer higher salaries. Additionally, positions in insurance and finance sectors tend to provide more competitive compensation.
Salary by Experience Level
Entry-level Actuarial Associates typically earn less, with salaries starting around $60,000. However, with experience, salaries can rise significantly, exceeding $100,000 for those with several years in the field. This increase reflects the growing expertise and responsibilities taken on as one progresses in their career.
Highest Paying States
Some of the highest paying states for Actuarial Associates include New York, California, and Illinois. These states not only offer competitive salaries but also a larger concentration of companies seeking skilled professionals in this field.
Overall, pursuing a career as an Actuarial Associate can be rewarding both intellectually and financially, with ample opportunities for growth in various sectors.
Let Zippi find your next actuarial associate job
Let Zippi find your next actuarial associate job
Where can an Actuarial Associate earn more?
Actuarial associate salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level actuarial associate | $71,900 | $34.57 |
| Mid-level actuarial associate | $89,300 | $42.92 |
| Senior-level actuarial associate | $123,000 | $58.96 |
Actuarial associate salary estimates from across the web
Average actuarial associate salary by state
The highest-paying states for actuarial associates are New York, Washington, and Connecticut. The lowest average actuarial associate salary states are Louisiana, Wyoming, and South Carolina.
- State view
- County view
Highest paying states for actuarial associates
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $112,326 | $54.00 |
| 2 | Connecticut | $106,223 | $51.07 |
| 3 | Maine | $104,684 | $50.33 |
| 4 | Missouri | $100,949 | $48.53 |
| 5 | Alaska | $101,585 | $48.84 |
| 6 | Delaware | $102,013 | $49.04 |
| 7 | Washington | $107,966 | $51.91 |
| 8 | Massachusetts | $102,085 | $49.08 |
| 9 | Vermont | $99,662 | $47.91 |
| 10 | New Jersey | $98,629 | $47.42 |
| 11 | West Virginia | $89,525 | $43.04 |
| 12 | Maryland | $99,127 | $47.66 |
| 13 | Nevada | $96,148 | $46.23 |
| 14 | Virginia | $98,225 | $47.22 |
| 15 | Rhode Island | $97,573 | $46.91 |
| 16 | Pennsylvania | $89,244 | $42.91 |
| 17 | Kentucky | $89,869 | $43.21 |
| 18 | New Hampshire | $99,395 | $47.79 |
| 19 | Wisconsin | $86,262 | $41.47 |
| 20 | District of Columbia | $93,992 | $45.19 |
| 21 | Utah | $84,918 | $40.83 |
| 22 | New Mexico | $86,609 | $41.64 |
| 23 | North Carolina | $93,025 | $44.72 |
| 24 | Idaho | $91,351 | $43.92 |
| 25 | California | $93,155 | $44.79 |
| 26 | Indiana | $85,861 | $41.28 |
| 27 | Texas | $86,206 | $41.45 |
| 28 | Arizona | $86,681 | $41.67 |
| 29 | Minnesota | $80,708 | $38.80 |
| 30 | Oregon | $83,983 | $40.38 |
| 31 | Iowa | $78,702 | $37.84 |
| 32 | Illinois | $79,891 | $38.41 |
| 33 | Alabama | $86,382 | $41.53 |
| 34 | Georgia | $78,821 | $37.89 |
| 35 | North Dakota | $83,475 | $40.13 |
| 36 | Mississippi | $84,834 | $40.79 |
| 37 | Ohio | $78,828 | $37.90 |
| 38 | Florida | $82,154 | $39.50 |
| 39 | Colorado | $78,809 | $37.89 |
| 40 | Tennessee | $80,253 | $38.58 |
| 41 | Nebraska | $73,197 | $35.19 |
| 42 | Michigan | $72,648 | $34.93 |
| 43 | Arkansas | $68,433 | $32.90 |
| 44 | Kansas | $74,859 | $35.99 |
| 45 | Louisiana | $62,585 | $30.09 |
| 46 | Oklahoma | $68,286 | $32.83 |
| 47 | Wyoming | $62,125 | $29.87 |
| 48 | Hawaii | $58,965 | $28.35 |
| 49 | South Carolina | $60,415 | $29.05 |
| 50 | South Dakota | $58,314 | $28.04 |
| 51 | Montana | $59,145 | $28.44 |
Highest paying cities for actuarial associates
The highest-paying cities for actuarial associates are New York, NY, Seattle, WA, and Hartford, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $112,382 | $54.03 |
| 2 | Seattle, WA | $108,488 | $52.16 |
| 3 | Hartford, CT | $106,411 | $51.16 |
| 4 | Portland, ME | $105,227 | $50.59 |
| 5 | Wilmington, DE | $102,201 | $49.14 |
| 6 | Boston, MA | $102,136 | $49.10 |
| 7 | Chesterfield, MO | $101,430 | $48.76 |
| 8 | Baltimore, MD | $99,482 | $47.83 |
| 9 | Jersey City, NJ | $98,752 | $47.48 |
| 10 | Richmond, VA | $98,080 | $47.15 |
| 11 | San Francisco, CA | $96,371 | $46.33 |
| 12 | Washington, DC | $94,040 | $45.21 |
| 13 | Charlotte, NC | $90,547 | $43.53 |
| 14 | Philadelphia, PA | $89,697 | $43.12 |
| 15 | Fort Wayne, IN | $88,264 | $42.43 |
| 16 | San Antonio, TX | $87,527 | $42.08 |
| 17 | Phoenix, AZ | $86,786 | $41.72 |
| 18 | Milwaukee, WI | $86,590 | $41.63 |
| 19 | Tampa, FL | $83,405 | $40.10 |
| 20 | Portland, OR | $83,340 | $40.07 |
Actuarial associate salary details
An actuarial associate's salary ranges from $61,000 a year at the 10th percentile to $138,000 at the 90th percentile.
What is an actuarial associate's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $138,000 | $11,500 | $66 |
| 75th Percentile | $114,000 | $9,500 | $55 |
| Average | $92,434 | $7,703 | $44 |
| 25th Percentile | $74,000 | $6,167 | $36 |
| 10th Percentile | $61,000 | $5,083 | $29 |
Highest paying actuarial associate jobs
The highest paying types of actuarial associates are product development actuary, health actuary, and actuarial consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Systems Analyst | $85,795 | $7,150 | $41.25 | 188,040 |
| Client Services Analyst | $63,202 | $5,267 | $30.39 | 97,374 |
| Operations Analyst | $63,082 | $5,257 | $30.33 | 141,707 |
| Business Analyst | $74,431 | $6,203 | $35.78 | 170,514 |
| Operations Research Analyst | $74,424 | $6,202 | $35.78 | 154,380 |
| Business Analyst/Quality Analyst | $74,931 | $6,244 | $36.02 | 168,145 |
Top companies hiring actuarial associates now:
Which companies pay actuarial associates the most?
Actuarial associate salaries at AIG and Lemonade are the highest-paying according to our most recent salary estimates. In addition, the average actuarial associate salary at companies like W. R. Berkley and Kaiser Permanente are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | AIG | $117,041 | $56.27 |
| 2 | Lemonade | $113,238 | $54.44 |
| 3 | W. R. Berkley | $112,870 | $54.26 |
| 4 | Kaiser Permanente | $110,919 | $53.33 |
| 5 | MetLife | $109,965 | $52.87 |
| 6 | Watson Wyatt | $109,768 | $52.77 |
| 7 | Voya Financial | $108,496 | $52.16 |
| 8 | F&G | $108,094 | $51.97 |
| 9 | Prudential Financial | $108,068 | $51.96 |
| 10 | Genworth | $107,089 | $51.49 |
| 11 | Ing Security Life Of Denver | $106,578 | $51.24 |
| 12 | IBX Foundation | $105,502 | $50.72 |
| 13 | Berkshire Hathaway | $105,420 | $50.68 |
| 14 | ICW Group | $104,161 | $50.08 |
| 15 | New York Life Insurance | $104,156 | $50.08 |
| 16 | Pacific Mutual Holding | $103,921 | $49.96 |
| 17 | The Prudential Insurance Company of America, Inc. | $103,840 | $49.92 |
| 18 | USAA | $103,833 | $49.92 |
| 19 | Boston Mutual Life Insurance | $103,018 | $49.53 |
| 20 | John Hancock | $102,745 | $49.40 |
Wage gap by gender, race and education
Actuarial associate salary trends
The average actuarial associate salary has risen by $16,625 over the last ten years. In 2014, the average actuarial associate earned $75,809 annually, but today, they earn $92,434 a year. That works out to a 10% change in pay for actuarial associates over the last decade.
Compare actuarial associate salaries for cities or states with the national average over time.
Average actuarial associate salary over time
Compare actuarial associate salaries for individual cities or states with the national average.
Actuarial associate salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $92,400 | $44.44 | +2.4% |
| 2024 | $90,200 | $43.37 | +5.0% |
| 2023 | $85,600 | $41.18 | +1.3% |
| 2022 | $84,600 | $40.65 | +0.9% |
| 2021 | $83,800 | $40.27 | +3.5% |
Recently added actuarial associate salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| WTW External | Healthcare Financial/Actuarial Associate | Philadelphia, PA | 06/29/2025 | $75,000 |
| Fortitude Re | Associate, Experience Studies Actuary | Nashville, TN | 06/29/2025 | $110,000 |
| Pacific Lifecorp | Associate Actuary-Life Pricing | Newport Beach, CA | 06/28/2025 | $121,700 |
| Mutual of America Financial Group | Pension Actuarial Associate | New York, NY | 06/27/2025 | $96,800 |
| WTW External | Healthcare Financial/Actuarial Associate Director | Chicago, IL | 06/26/2025 | $130,000 |
| Lincoln Financial | Associate Actuary, Life Model Transformation | Charlotte, NC | 06/25/2025 | $79,601 |
| Lincoln Financial | Associate Actuary, Life Model Transformation | Fort Wayne, IN | 06/25/2025 | $79,601 |
| Lincoln Financial | Associate Actuary, Life Model Transformation | Omaha, NE | 06/25/2025 | $79,601 |
| Athene Holding | Actuarial Associate III | New York, NY | 06/25/2025 | $96,400 |
| Lincoln Financial Group | Associate Actuary, Life Model Transformation | Radnor, PA | 06/24/2025 | $79,601 |
Actuarial associate salary FAQs
Search for actuarial associate jobs