Product development actuary demographics and statistics in the US
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Product development actuary demographics by:
Product development actuary gender statistics
23.8% of product development actuaries are women and 76.2% of product development actuaries are men.
- Male, 76.2%
- Female, 23.8%
Product development actuary gender ratio
| Gender | Percentages |
|---|---|
| Male | 76.2% |
| Female | 23.8% |
Product development actuary gender pay gap
Women earn 95¢ for every $1 earned by men
Male income
$119,557
Female income
$113,600
Product development actuary gender ratio over time
This data breaks down the percentage of men and women in product development actuary positions over time. Currently, 23.8% of product development actuaries are female.
Product development actuary gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 74.95% | 25.05% |
| 2011 | 72.48% | 27.52% |
| 2012 | 73.14% | 26.86% |
| 2013 | 75.40% | 24.60% |
| 2014 | 68.98% | 31.02% |
| 2015 | 73.83% | 26.17% |
| 2016 | 78.02% | 21.98% |
| 2017 | 75.01% | 24.99% |
| 2018 | 74.57% | 25.43% |
| 2019 | 75.53% | 24.47% |
| 2020 | 76.44% | 23.56% |
| 2021 | 76.19% | 23.81% |
Product development actuary related jobs gender ratio
We compared product development actuaries 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% |
| Product Development Actuary | 76% | 24% |
| 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%
Product development actuary demographics by race
The most common ethnicity among product development actuaries is White, which makes up 74.3% of all product development actuaries. Comparatively, 16.5% of product development actuaries are Asian and 3.4% of product development actuaries are Hispanic or Latino.
- White, 74.3%
- Asian, 16.5%
- Hispanic or Latino, 3.4%
- Black or African American, 2.9%
- Unknown, 2.9%
- American Indian and Alaska Native, -0.0%
Product development actuary race
| Product development actuary race | Percentages |
|---|---|
| White | 74.3% |
| Asian | 16.5% |
| Hispanic or Latino | 3.4% |
| Black or African American | 2.9% |
| Unknown | 2.9% |
| American Indian and Alaska Native | -0.0% |
Product development actuary race and ethnicity over time
See how product development actuary racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Product development actuary race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 85.37% | 0.70% | 11.50% | 1.05% |
| 2011 | 78.78% | 2.86% | 16.73% | 0.82% |
| 2012 | 79.84% | 1.61% | 13.31% | 4.44% |
| 2013 | 81.05% | 0.98% | 15.03% | 1.63% |
| 2014 | 79.23% | 0.96% | 16.29% | 2.88% |
| 2015 | 75.87% | 1.05% | 19.93% | 1.75% |
| 2016 | 81.03% | 1.93% | 12.54% | 2.25% |
| 2017 | 77.23% | 2.02% | 16.14% | 2.88% |
| 2018 | 79.26% | 1.60% | 14.36% | 2.66% |
| 2019 | 82.60% | 2.34% | 11.69% | 1.82% |
| 2020 | 79.34% | 1.65% | 14.05% | 2.48% |
| 2021 | 74.27% | 2.91% | 16.50% | 3.40% |
Product development actuary wage gap by race
| Ethnicity | Salary |
|---|---|
| Unknown | $119,807 |
| White | $122,246 |
| Black or African American | $116,171 |
| Asian | $122,398 |
| Hispanic or Latino | $117,296 |
Average product development actuary age
See how the average age of product development actuaries varies based on ethnicity and gender.
Male
Female
Product development actuary age by race and gender
| Race | Male age | Female age |
|---|---|---|
| White | 39 | 38 |
| Black or African American | 33.5 | |
| Asian | 35 | 35 |
Product development actuary age breakdown
The average age of product development actuaries is 40+ years years old, representing 41% of the product development actuary population.
Product development actuary age breakdown
| Product Development Actuary Years | Percentages |
|---|---|
| 40+ years | 41% |
| 30-40 years | 40% |
| 20-30 years | 18% |
Product development actuary educational attainment
The most common degree for product development actuaries is bachelor's degree, with 60% of product development actuaries earning that degree. The second and third most common degree levels are master's degree degree at 30% and master's degree degree at 10%.
- Bachelor's, 60%
- Master's, 30%
- Associate, 10%
Product development actuaries by degree level
| Product development actuary degree | Percentages |
|---|---|
| Bachelor's | 60% |
| Master's | 30% |
| Associate | 10% |
Product development actuary jobs you might like
Product development actuary wage gap by degree level
| Education | Salary |
|---|---|
| Master's Degree | $127,085 |
| Bachelor's Degree | $110,872 |
Product development actuary employment statistics
Company size where product development actuaries work
Below, you can see the size of companies where product development actuaries work.
Product development actuary jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 25% |
| 500 - 1,000 employees | 13% |
| 1,000 - 10,000 employees | 31% |
| > 10,000 employees | 25% |
Product development actuary turnover and employment statistics
Product development actuary unemployment rate over time
The unemployment rate for product development actuaries between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Product development actuary unemployment rate by year
| Year | Product development actuary 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 product development actuary tenure
The average product development actuary stays at their job for 1-2 years, based on the 25 product development actuaries resumes in Zippia's database.
Product development actuary tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 8% |
| 1-2 years | 38% |
| 3-4 years | 35% |
| 5-7 years | 12% |
| 8-10 years | 0% |
| 11+ years | 8% |
Product development actuary LGBT ratio compared to similar jobs
Review the percent of product development actuaries 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 |
|---|---|---|
| Test Engineer | 7.66% | 228,974 |
| Engineering Specialist | 7.80% | 74,442 |
| Emerging Solutions Executive | 8.31% | 109,081 |
| Senior Infrastructure Engineer | 8.39% | 78,855 |
| Supply Systems Analyst | 13.23% | 97,202 |
| Product Development Actuary | 17.69% | - |
| Data Scientist | 20.69% | 106,973 |
Similar product development actuary jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Test Engineer | 7.66% | 228,974 |
| Engineering Specialist | 7.80% | 74,442 |
| Emerging Solutions Executive | 8.31% | 109,081 |
| Senior Infrastructure Engineer | 8.39% | 78,855 |
| Supply Systems Analyst | 13.23% | 97,202 |
| Data Scientist | 20.69% | 106,973 |
Foreign languages spoken by product development actuaries
- French, 100.0%
Product development actuary languages spoken
| Foreign language | Percentages |
|---|---|
| French | 100.0% |