Average Base Pay
43.59% above national average
Additional Cash Compensation
A person in an entry-level Actuaries role with under one year of job experience can expect to make an average annual salary of $60,140. A Actuaries candidate with 1-4 years of experience makes an average total salary of $70,800. A person in a mid-career Actuaries role with 5-9 years of experience makes an average salary of $90,670 a year. Actuaries with 10 or more years of experience make an average of $131,450. In their late career (over 20 years of experience), a person in a Actuaries role’s annual salary averages $165,080 per year.
|Average base salary (percentile)|
While certifications are not required for every Actuaries position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.
The current Bureau of Labor Statistics states the salary is $90,670 higher than the national average for Actuaries positions.
Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Actuaries roles that can advance both internally and with another company.