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Updated March 27, 2024

Actuaries Salaries

Detroit-Warren-Dearborn, Michigan, US

Average Base Pay

$84,360/yr

40.56% above national average

Additional Cash Compensation

Average: $84,360


Range: $57,030-$148,630

 

How much does a Actuaries role make in Detroit-Warren-Dearborn, Michigan, US?

Career Ladder Pay for Actuaries Roles

A person in an entry-level Actuaries role with under one year of job experience can expect to make an average annual salary of $57,030. A Actuaries candidate with 1-4 years of experience makes an average total salary of $66,640. A person in a mid-career Actuaries role with 5-9 years of experience makes an average salary of $84,360 a year. Actuaries with 10 or more years of experience make an average of $118,840. In their late career (over 20 years of experience), a person in a Actuaries role’s annual salary averages $148,630 per year.

What is the average Actuaries salary in Detroit-Warren-Dearborn, Michigan, US?

Average base salary, as of 2024 : $84,360

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$21,090$42,180$63,270
Monthly salary$1,758$3,515$5,273
Weekly salary$439$879$1,318
Hourly salary$63$126$188

Where can a Actuaries role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Actuaries roles boost salary?

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.

Is the Actuaries position in high demand?

The current Bureau of Labor Statistics states the salary is $84,360 higher than the national average for Actuaries positions.

Is there advancement potential for a Actuaries role?

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.

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