If you’re eyeing a career as an actuarial analyst, the first thing on your mind is probably: How much can I make? Let’s get straight to it—actuarial analyst salaries are solid. This job pays well, but the perks don’t stop there. From steady growth to killer job security, this role is a sweet spot for anyone with a knack for numbers.
So, let’s break it down: How much can you actually expect to earn? And more importantly, how can you maximize your earning potential as an actuarial analyst?
In the U.S., the average salary for an actuarial analyst lands between $60,000 and $80,000 per year. Of course, that number swings depending on your:
For a deep dive into salary trends and predictions for 2024, check out our 2024 Actuarial Salary Predictive Model for insights that’ll help you plan your career.
Here’s the good news: You’ve got a lot of control over your earning potential. Want to boost your salary? Focus on these:
Here’s the bottom line: The demand for actuarial analysts isn’t slowing down. With automation and big data reshaping industries, companies need actuaries more than ever to make sense of complex risks. Plus, the Bureau of Labor Statistics predicts actuarial jobs will grow by 21% between 2021 and 2031.
This job isn’t just about a good salary—it’s about job security, flexibility, and growth potential.
If you’re curious about where the actuarial job market is heading, our 2024 Actuarial Salary Predictive Model breaks down upcoming trends and insights.
If you’re ready to dive into the actuarial world or want to level up, Acturhire has got your back. Our job board is packed with the latest actuarial opportunities. Whether you’re just starting out or hunting for a mid-career leap, we’re here to connect you to the perfect role.
Check out Acturhire’s latest actuarial jobs here and take the first step toward your dream salary.
1. What is the starting salary for an actuarial analyst?
Starting salaries usually range from $60,000 to $70,000, but this can increase depending on location and qualifications.
2. How does passing actuarial exams affect salary?
Every exam passed adds $5,000–$10,000 to your annual salary. The more you pass, the more you earn!
3. Which industries pay the highest for actuarial analysts?
Finance, healthcare, and consulting tend to pay higher than traditional insurance companies.
4. Are there salary differences between cities?
Absolutely. Cities like New York, Chicago, and Los Angeles offer higher salaries but also have higher costs of living.
5. What’s the highest salary an actuarial analyst can earn?
Experienced analysts can earn over $100,000 annually, especially with multiple exams and advanced certifications.
The actuarial analyst role offers a great salary and long-term growth potential. Whether you're just starting or looking to boost your career, the opportunities are endless. For more data-driven insights, check out our 2024 Actuarial Salary Predictive Model.
Ready to land your next big actuarial gig? Check out Acturhire today!
