How Much Does An Insurance Actuary Make ?

Insurance Actuary make $132,660 per year on average, or $63.78 per hour, in the United States. Insurance Actuary on the lower end of that spectrum, the bottom 10% to be exact, make roughly $84,060 a year, while the top 10% makes $156,000. Location impacts how much an Insurance Actuary can expect to make. Insurance Actuary make the most in California, New York and Pennsylvania
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Highest Paying State

California
Average Salary Icon

Highest Paying City

Dauphin, PA

Average Salary for Insurance Actuary

Insurance Actuary in America make an average salary of $132,660 per year or $63.78 per hour. The top 10 percent makes over $156,000 per year, while the bottom 10 percent under $84,060 per year.

Most Common Insurance Actuary Benefits

401(k)

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Holidays

Paid Time Off

Disability Insurance

Retirement Plan

Paid Vacation

Highest Paying States

California

$150,435 Yearly

New York

$142,250 Yearly

Pennsylvania

$89,119 Yearly

Insurance Actuary Average Salary by State

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Rank
State
Avg.Salary
Hourly Rate
1 California $150,435 $72.32
2 New York $142,250 $68.39
3 Pennsylvania $89,119 $42.85

Highest Paying Cities for Insurance Actuary

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Rank
City
Avg.Salary
Hourly Rate
1 Dauphin, PA $89,689 $43.12

Insurance Actuary Salary Details

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

What is Insurance Actuary Salary

Percentile Annual Salary Monthly Salary Hourly Rate
90th Percentile $156,000 $13,000 $75.00
75th Percentile $156,000 $13,000 $75.00
Average $132,660 $11,055 $64.00
25th Percentile $102,840 $8,570 $49.00
10th Percentile $84,060 $7,005 $40.00

Junior Level

Yearly Salary

$118,323

Hourly Salary

$56.89

Middle Level

Yearly Salary

$120,286

Hourly Salary

$57.83

Senior Level

Yearly Salary

$157,927

Hourly Salary

$75.93

Insurance Actuary Pay Trends

Compare salaries for individual cities or states with the national average.

Average Insurance Actuary Salary Over Time

 

Insurance Actuary Salary by Year

Year Average Salary Hourly Rate %Change
2024 $116,836 $56.00 4.6%
2023 $111,696 $54.00 5.4%
2022 $105,975 $51.00 10.6%
2021 $95,821 $46.00 8.02%
2020 $104,179 $50.00 8.26%
2019 $96,226 $46.00 3.82%
2018 $92,683 $45.00 10.71%
2017 $83,717 $40.00 0.47%
2016 $83,323 $40.00 1.01%
2015 $84,176 $40.00 7.12%
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