Question 1

How much does a Actuary make?

Accepted Answer

The national median salary for a Actuary is $130,000, with a typical range from $78,570 (entry level, 10th percentile) to $215,100 (top earners, 90th percentile). Actual pay varies by city, industry, employer size, and experience.

Question 2

What is the entry-level salary for a Actuary?

Accepted Answer

Entry-level Actuary positions typically pay around $78,570 to $101,400, depending on metro, industry, and degree. New graduates can expect the lower end of this range; those with relevant internships or in-demand specializations often start higher.

Question 3

How much does a senior Actuary earn?

Accepted Answer

Senior Actuary professionals earn approximately $175,500 on average, with top performers and those at large employers exceeding $215,100. Senior pay is driven by scope, leadership, technical depth, and employer choice.

Question 4

Which cities pay the most for a Actuary?

Accepted Answer

Actuary pay is highest in major metros — typically San Francisco, New York, Seattle, Boston, Toronto, and Vancouver. After adjusting for cost of living, however, mid-tier metros often deliver higher purchasing power. Use the SalaryScope city tools to compare apples-to-apples.

Question 5

What education is required to become a Actuary?

Accepted Answer

The typical education path for a Actuary is Bachelor's degree. Relevant certifications, portfolios, and demonstrated skills can sometimes substitute for traditional credentials, especially in technical and trades roles.

Question 6

Is Actuary a growing career?

Accepted Answer

The 10-year employment outlook for Actuary is rated Much faster than average. SalaryScope combines federal projections with industry, automation-risk, and demand signals to produce a more precise Workforce Opportunity Score for this role.

Question 7

How can I increase my pay as a Actuary?

Accepted Answer

The highest-leverage ways to increase your Actuary pay are: (1) developing in-demand specializations that command a premium, (2) earning ROI-positive certifications, (3) switching employers strategically every 3-5 years, (4) negotiating every offer and review, and (5) considering geographic moves to higher-pay or lower-cost metros.

Question 8

What is the total compensation for a Actuary?

Accepted Answer

Total compensation for a Actuary includes base salary ($130,000 at median), an annual bonus (typically 5-25% of base), and at many employers equity (RSUs or options). Total comp can range from 1.05x to 1.5x of base depending on industry, level, and employer.

Percentile	What it means	Salary
10th percentile	1 in 10 earn less than this	$78,570
25th percentile	1 in 4 earn less than this	$97,680
Median	Half earn more, half earn less	$130,000
75th percentile	1 in 4 earn more than this	$170,650
90th percentile	1 in 10 earn more than this	$215,100

City	COL	Median	p90
New York, NY	187	$161,460	$276,250
Los Angeles, CA	176	$127,970	$213,010
Chicago, IL	107	$113,730	$209,260
Houston, TX	96	$81,670	$183,170
Phoenix, AZ	104	$138,570	$202,130
Philadelphia, PA	101	$127,770	$218,360
San Antonio, TX	90	$102,560	$172,580
San Diego, CA	160	$107,890	$210,000
Dallas, TX	103	$127,690	$192,590
San Jose, CA	202	$131,040	$259,850
Austin, TX	119	$122,550	$192,080
Jacksonville, FL	93	$132,830	$203,740

Education level	Estimated salary	vs Bachelor's
High School	$91,000	-30%
Associate Degree	$107,000	-18%
Bachelor's Degree	$130,000	—
Master's Degree	$163,000	25%
Doctorate / Professional	$202,000	55%
Professional Certifications	$146,000	12%

Actuary — Career & Salary Intelligence

Career overview

What the job pays nationally

Salary by location

Salary by education

10-year career growth forecast

Certifications that increase earnings

Career Opportunity Score breakdown

Frequently asked questions about Actuary