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Actuary Salary in 2026

Actuaries use mathematics, statistics, and financial theory to assess risk and uncertainty in insurance, pensions, and investments. They design policies and calculate premiums.

Median Salary

$113,000

$9,417/mo

Entry Level

$69,000

starting pay

Senior Level

$153,000

experienced

Job Growth

+21%

10-yr outlook

Actuary Overview

Actuaries use mathematics, statistics, and financial theory to assess risk and uncertainty in insurance, pensions, and investments. They design policies and calculate premiums.

Education

Bachelor's Degree

Experience

2-5 years

Industry

Finance

Total Jobs (US)

30K

5-Year Growth

+23%

Category

Finance

Hourly Rate

$54.33/hr

Monthly Pay

$9,417

Actuary Salary Calculator

Adjust your state and experience level to see the estimated Actuary salary in your area.

Mid Career (5-9 yrs)

Estimated Actuary Salary

$124,000

$10,333/month · $4,769/biweekly · $59.62/hr

Actuary Salary Range

Salary distribution from entry-level to top earners in the Actuary field.

25th Percentile$86,600
$87K
Median (50th)$113,000
$113K
75th Percentile$133,000
$133K
90th Percentile$178,000
$178K
Top Earners$203,000
$203K

Entry-level Actuarys earn around $69,000, while the top 10% earn $178,000 or more.

Top Paying States for Actuarys

StateEst. Median Salaryvs National
New York$130,000+$17,000
Massachusetts$127,000+$14,000
Connecticut$124,000+$11,000
Illinois$118,000+$5,000
Pennsylvania$113,000$0

Top Paying Cities for Actuarys

CityEst. Median Salaryvs National
New York$133,000+$20,000
Boston$127,000+$14,000
Hartford$120,000+$7,000
Chicago$119,000+$6,000
Philadelphia$115,000+$2,000

Required Skills & Certifications

Key Skills

Statistical ModelingRisk AssessmentRSASProbability Theory

Certifications

ASAFSACERA

Actuary Career Progression

Typical salary growth path for a Actuary from entry level to expert.

Entry Level

$69,000

0-2 years

Mid Career

$111,000

3-7 years

Senior

$153,000

8-14 years

Lead / Expert

$203,000

15+ years

EntryExpert

Actuary Salary FAQ

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