1. University of Notre Dame
Notre Dame, IN • Private
In-State Tuition
$53,391
Enrollment
8,568
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There are certain skills that many actuarial consultants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and computer skills.
If you're interested in becoming an actuarial consultant, one of the first things to consider is how much education you need. We've determined that 79.6% of actuarial consultants have a bachelor's degree. In terms of higher education levels, we found that 16.1% of actuarial consultants have master's degrees. Even though most actuarial consultants have a college degree, it's impossible to become one with only a high school degree or GED.
In addition to switching up your job search, it might prove helpful to look at a career path for your specific job. Now, what's a career path you ask? Well, it's practically a map that shows how you might advance from one job title to another. Our career paths are especially detailed with salary changes. So, for example, if you started out with the role of actuary you might progress to a role such as consultant eventually. Later on in your career, you could end up with the title senior human resources manager.
Actuarial Consultant
What Am I Worth?
The role of an actuarial consultant includes a wide range of responsibilities. These responsibilities can vary based on an individual's specific job, company, or industry.Here are some general actuarial consultant responsibilities:
There are several types of actuarial consultant, including:
Mouse over a state to see the number of active actuarial consultant jobs in each state. The darker areas on the map show where actuarial consultants earn the highest salaries across all 50 states.
Rank | State | Number of Jobs | Average Salary |
---|---|---|---|
1 | California | 671 | $97,682 |
2 | South Carolina | 572 | $59,910 |
3 | Alabama | 548 | $85,906 |
4 | Oklahoma | 367 | $67,856 |
5 | Texas | 298 | $85,174 |
6 | Florida | 282 | $87,377 |
7 | Illinois | 281 | $85,203 |
8 | New York | 257 | $113,807 |
9 | West Virginia | 238 | $87,715 |
10 | Mississippi | 236 | $84,229 |
11 | Pennsylvania | 235 | $79,669 |
12 | Massachusetts | 204 | $102,894 |
13 | Maine | 193 | $103,190 |
14 | Georgia | 181 | $88,282 |
15 | Virginia | 162 | $96,431 |
16 | New Jersey | 153 | $89,664 |
17 | South Dakota | 152 | $58,103 |
18 | North Carolina | 151 | $91,612 |
19 | Minnesota | 135 | $68,850 |
20 | Ohio | 128 | $72,735 |
21 | Connecticut | 121 | $98,636 |
22 | Oregon | 103 | $83,268 |
23 | Washington | 99 | $93,313 |
24 | Arizona | 99 | $75,966 |
25 | Wisconsin | 96 | $89,526 |
26 | Indiana | 89 | $76,207 |
27 | Michigan | 89 | $78,020 |
28 | Colorado | 87 | $78,942 |
29 | Missouri | 79 | $100,359 |
30 | Maryland | 59 | $97,392 |
31 | Utah | 49 | $84,457 |
32 | Kansas | 47 | $74,515 |
33 | Tennessee | 47 | $70,438 |
34 | Kentucky | 44 | $88,917 |
35 | Iowa | 42 | $78,212 |
36 | Nevada | 29 | $95,309 |
37 | Nebraska | 28 | $72,828 |
38 | New Hampshire | 27 | $98,037 |
39 | Arkansas | 27 | $68,143 |
40 | Idaho | 25 | $90,810 |
41 | Louisiana | 23 | $61,940 |
42 | Rhode Island | 21 | $96,215 |
43 | Vermont | 19 | $98,343 |
44 | Delaware | 19 | $100,502 |
45 | New Mexico | 19 | $85,860 |
46 | Montana | 18 | $58,792 |
47 | North Dakota | 12 | $82,823 |
48 | Hawaii | 11 | $59,610 |
49 | Alaska | 10 | $100,957 |
50 | Wyoming | 8 | $61,855 |
Notre Dame, IN • Private
In-State Tuition
$53,391
Enrollment
8,568
New York, NY • Private
In-State Tuition
$59,430
Enrollment
8,216
Pittsburgh, PA • Private
In-State Tuition
$55,465
Enrollment
6,483
Atlanta, GA • Private
In-State Tuition
$51,306
Enrollment
6,975
Atlanta, GA • Private
In-State Tuition
$12,424
Enrollment
15,201
Philadelphia, PA • Private
In-State Tuition
$55,584
Enrollment
10,764
Ann Arbor, MI • Private
In-State Tuition
$15,262
Enrollment
30,079
Los Angeles, CA • Private
In-State Tuition
$13,226
Enrollment
31,568
Berkeley, CA • Private
In-State Tuition
$14,184
Enrollment
30,845
Boston, MA • Private
In-State Tuition
$53,948
Enrollment
17,238
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 10.9% of actuarial consultants listed project management on their resume, but soft skills such as analytical skills and communication skills are important as well.
Zippia allows you to choose from different easy-to-use Actuarial Consultant templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Actuarial Consultant resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
After extensive research and analysis, Zippia's data science team found that:
1. What does an actuary actually do?
The course that provides a practical overview of the day to day work of an actuary in an insurance environment...
2. Mathematical (Actuarial) Statistics:(Exam P/CT3/CS1)
By MJ the Fellow Actuary...
3. Fundamentals of Insurance - 2
Part 2...
Some places are better than others when it comes to starting a career as an actuarial consultant. The best states for people in this position are New York, Maine, Massachusetts, and Alaska. Actuarial consultants make the most in New York with an average salary of $113,807. Whereas in Maine and Massachusetts, they would average $103,190 and $102,894, respectively. While actuarial consultants would only make an average of $100,957 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.
1. Maine
$103,190
Avg. Salary
2. New York
$113,807
Avg. Salary
3. Vermont
$98,343
Avg. Salary
We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ actuarial consultants and discovered their number of actuarial consultant opportunities and average salary. Through our research, we concluded that Mercer was the best, especially with an average salary of $94,217. Milliman follows up with an average salary of $90,180, and then comes UnitedHealth Group with an average of $80,784. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as an actuarial consultant. The employers include Nationwide, COMMUNITY BANCORP INC, and Smith Hanley Associates
Rank | Company | Average Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
1 | Oliver Wyman | $119,694 | $57.55 | 14 |
2 | JPMorgan Chase & Co. | $113,824 | $54.72 | 8 |
3 | Aetna | $112,499 | $54.09 | 27 |
4 | MetLife | $108,426 | $52.13 | 33 |
5 | Ernst & Young | $106,118 | $51.02 | 7 |
6 | AIR Worldwide | $102,217 | $49.14 | 6 |
7 | Perr&Knight | $102,056 | $49.07 | 19 |
8 | Pwc | $101,340 | $48.72 | 5 |
9 | The Hartford | $100,397 | $48.27 | 12 |
10 | USI Consulting Group | $98,686 | $47.45 | 6 |