Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Actuary salary
Average actuary salary
$88,255
Average Actuary Salary
As of October 2025, the average salary for an actuary stands at $88,255 annually, with hourly wages averaging around $42. This figure varies based on several factors, including geographic location, years of experience, and specific fields within the actuarial profession.
How Much Does an Actuary Make?
Entry-level actuaries can expect lower salaries, starting around $61,000, while those with significant experience and specialization may earn over $120,000 annually. The demand for actuaries continues to grow, particularly in industries focused on data analysis and risk assessment.
Where Can an Actuary Earn More?
Actuaries in states like New York, California, and Illinois report the highest salaries, reflecting the concentration of financial services and insurance companies in these regions. Additionally, actuaries working in management or consulting roles generally earn more than those in traditional actuarial positions.
Actuary Salary Estimates from Across the Web
Market data shows a consistent trend in the upward trajectory of actuary salaries, with ongoing demand in the job market. Tools like salary calculators can provide personalized insights based on your qualifications and preferences.
Let Zippi find your next actuary job
Let Zippi find your next actuary job
Where can an Actuary earn more?
Actuary salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level actuary | $68,700 | $33.01 |
| Mid-level actuary | $85,200 | $40.98 |
| Senior-level actuary | $117,000 | $56.29 |
Actuary salary estimates from across the web
Average actuary salary by state
The average actuary salary in New York, Connecticut, and New Jersey are the highest in the U.S. The lowest average actuary salary states are Louisiana, Wyoming, and South Carolina.
- State view
- County view
Highest paying states for actuaries
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $114,166 | $54.89 |
| 2 | Connecticut | $107,465 | $51.67 |
| 3 | Maine | $104,681 | $50.33 |
| 4 | Delaware | $105,100 | $50.53 |
| 5 | New Jersey | $105,261 | $50.61 |
| 6 | Vermont | $99,933 | $48.04 |
| 7 | Nebraska | $97,570 | $46.91 |
| 8 | Alaska | $101,407 | $48.75 |
| 9 | New Hampshire | $100,017 | $48.09 |
| 10 | Rhode Island | $98,545 | $47.38 |
| 11 | Massachusetts | $103,254 | $49.64 |
| 12 | North Carolina | $99,805 | $47.98 |
| 13 | Wisconsin | $89,908 | $43.23 |
| 14 | Virginia | $98,771 | $47.49 |
| 15 | West Virginia | $91,571 | $44.02 |
| 16 | Kentucky | $92,284 | $44.37 |
| 17 | Nevada | $96,793 | $46.54 |
| 18 | Washington | $98,443 | $47.33 |
| 19 | Iowa | $84,254 | $40.51 |
| 20 | Pennsylvania | $86,764 | $41.71 |
| 21 | North Dakota | $85,286 | $41.00 |
| 22 | Maryland | $96,168 | $46.23 |
| 23 | Missouri | $85,432 | $41.07 |
| 24 | New Mexico | $87,666 | $42.15 |
| 25 | District of Columbia | $95,448 | $45.89 |
| 26 | Alabama | $86,449 | $41.56 |
| 27 | Idaho | $91,744 | $44.11 |
| 28 | Colorado | $85,355 | $41.04 |
| 29 | Illinois | $82,095 | $39.47 |
| 30 | Minnesota | $80,226 | $38.57 |
| 31 | California | $92,291 | $44.37 |
| 32 | Mississippi | $85,111 | $40.92 |
| 33 | Arizona | $80,870 | $38.88 |
| 34 | Texas | $80,785 | $38.84 |
| 35 | Utah | $85,601 | $41.15 |
| 36 | Georgia | $77,150 | $37.09 |
| 37 | Indiana | $79,288 | $38.12 |
| 38 | Oregon | $73,121 | $35.15 |
| 39 | Wyoming | $62,168 | $29.89 |
| 40 | Tennessee | $80,420 | $38.66 |
| 41 | Florida | $78,628 | $37.80 |
| 42 | Michigan | $75,702 | $36.40 |
| 43 | Kansas | $73,511 | $35.34 |
| 44 | Arkansas | $68,152 | $32.77 |
| 45 | Montana | $59,173 | $28.45 |
| 46 | South Dakota | $58,746 | $28.24 |
| 47 | Ohio | $68,632 | $33.00 |
| 48 | Oklahoma | $68,139 | $32.76 |
| 49 | Hawaii | $55,337 | $26.60 |
| 50 | Louisiana | $62,836 | $30.21 |
| 51 | South Carolina | $61,118 | $29.38 |
Highest paying cities for actuaries
The highest-paying cities for actuaries are New York, NY, Hartford, CT, and Portland, ME.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $114,375 | $54.99 |
| 2 | Hartford, CT | $107,566 | $51.71 |
| 3 | Portland, ME | $105,380 | $50.66 |
| 4 | Jersey City, NJ | $105,357 | $50.65 |
| 5 | Wilmington, DE | $105,325 | $50.64 |
| 6 | Springfield, MA | $103,436 | $49.73 |
| 7 | Raleigh, NC | $102,093 | $49.08 |
| 8 | Arlington, VA | $100,718 | $48.42 |
| 9 | Seattle, WA | $98,936 | $47.57 |
| 10 | Baltimore, MD | $96,427 | $46.36 |
| 11 | Washington, DC | $95,544 | $45.93 |
| 12 | San Francisco, CA | $95,382 | $45.86 |
| 13 | Madison, WI | $88,256 | $42.43 |
| 14 | Philadelphia, PA | $87,162 | $41.90 |
| 15 | Chesterfield, MO | $86,155 | $41.42 |
| 16 | Denver, CO | $85,315 | $41.02 |
| 17 | Cedar Rapids, IA | $85,059 | $40.89 |
| 18 | Chicago, IL | $82,684 | $39.75 |
| 19 | Fort Wayne, IN | $82,266 | $39.55 |
| 20 | Austin, TX | $81,691 | $39.27 |
Actuary salary details
An actuary's salary ranges from $52,000 a year at the 10th percentile to $147,000 at the 90th percentile.
What is an actuary's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $147,000 | $12,250 | $71 |
| 75th Percentile | $115,000 | $9,583 | $55 |
| Average | $88,255 | $7,355 | $42 |
| 25th Percentile | $67,000 | $5,583 | $32 |
| 10th Percentile | $52,000 | $4,333 | $25 |
Highest paying actuary jobs
The highest paying types of actuaries are product development actuary, health actuary, and actuarial associate.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Actuarial Internship | $90,428 | $7,536 | $43.48 | 49,146 |
| Actuarial Consultant | $91,160 | $7,597 | $43.83 | 17,305 |
| Actuarial Analyst | $75,593 | $6,299 | $36.34 | 41,511 |
| Pricing Actuary | $65,091 | $5,424 | $31.29 | 15,444 |
| Health Actuary | $99,496 | $8,291 | $47.83 | 48,396 |
Top companies hiring actuaries now:
Which companies pay actuaries the most?
Actuary salaries at PayPal and Google are the highest-paying according to our most recent salary estimates. In addition, the average actuary salary at companies like McKinsey & Company Inc and Uber Technologies are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | PayPal | $137,675 | $66.19 |
| 2 | $136,065 | $65.42 | |
| 3 | McKinsey & Company Inc | $134,487 | $64.66 |
| 4 | Uber Technologies | $126,946 | $61.03 |
| 5 | AIG | $121,421 | $58.38 |
| 6 | Oliver Wyman | $120,799 | $58.08 |
| 7 | JPMorgan Chase & Co. | $119,354 | $57.38 |
| 8 | Credit Suisse | $118,237 | $56.84 |
| 9 | W. R. Berkley | $116,515 | $56.02 |
| 10 | Aetna | $116,196 | $55.86 |
| 11 | MetLife | $113,412 | $54.52 |
| 12 | Genworth | $112,838 | $54.25 |
| 13 | Ameriprise Financial | $112,012 | $53.85 |
| 14 | F&G | $111,961 | $53.83 |
| 15 | MassMutual | $111,289 | $53.50 |
| 16 | Western & Southern Financial Group | $110,421 | $53.09 |
| 17 | Affiliated Computer Services | $109,993 | $52.88 |
| 18 | Watson Wyatt | $109,512 | $52.65 |
| 19 | Chubb | $109,253 | $52.53 |
| 20 | Riverstone Holdings | $109,175 | $52.49 |
Wage gap by gender, race and education
Actuary salary by industry
The average actuary salary varies across industries:
- The average actuary salary in the professional industry is $104,015, the highest of any industry.
- The average actuary salary in the finance industry is $100,627.
- Actuaries in the manufacturing industry earn an average salary of $96,897, the lowest of any industry.
Highest paying industries for actuaries
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Professional | $104,015 | $50.01 |
| 2 | Insurance | $100,627 | $48.38 |
| 3 | Finance | $100,537 | $48.34 |
| 4 | Manufacturing | $96,897 | $46.59 |
High paying actuary jobs
Actuary salary trends
The average actuary salary has risen by $15,874 over the last ten years. In 2014, the average actuary earned $72,381 annually, but today, they earn $88,255 a year. That works out to a 10% change in pay for actuaries over the last decade.
Compare actuary salaries for cities or states with the national average over time.
Average actuary salary over time
Compare actuary salaries for individual cities or states with the national average.
Actuary salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $88,300 | $42.43 | +2.4% |
| 2024 | $86,100 | $41.41 | +5.0% |
| 2023 | $81,800 | $39.32 | +1.3% |
| 2022 | $80,700 | $38.81 | +0.9% |
| 2021 | $80,000 | $38.45 | +3.5% |
Recently added actuary salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| USAA | Actuary | Charlotte, NC | 06/30/2025 | $127,310 |
| USAA | Actuary | Colorado Springs, CO | 06/30/2025 | $127,310 |
| Marsh McLennan Agency-Michigan | Reinsurance Actuary (Property & Casualty) | Philadelphia, PA | 06/30/2025 | $84,700 |
| Everest Global Services | Senior Actuary | Warren, NJ | 06/29/2025 | $152,000 |
| Moda Health | Actuary Medicaid | Portland, OR | 06/28/2025 | $84,790 |
| State of New York | Chief Casualty Actuary 3, M | New York, NY | 06/28/2025 | $141,581 |
| Pacific Lifecorp | Senior Actuary-Institutional FP&A and Business Insights | Newport Beach, CA | 06/28/2025 | $163,620 |
| Markel Service | Actuary | Richmond, IL | 06/27/2025 | $104,300 |
| Marsh & McLennan Companies, Inc. | Reinsurance Actuary (Property & Casualty) | New York, NY | 06/27/2025 | $84,700 |
| Marsh & McLennan Companies, Inc. | Reinsurance Actuary (Property & Casualty) | Morristown, NJ | 06/27/2025 | $84,700 |
Actuary salary FAQs
Search for actuary jobs