How Much Does A Product Development Actuary Make ?

Product Development Actuary make $113,731 per year on average, or $54.68 per hour, in the United States. Product Development Actuary on the lower end of that spectrum, the bottom 10% to be exact, make roughly $92,000 a year, while the top 10% makes $131,900.

Average Salary for Product Development Actuary

Product Development Actuary in America make an average salary of $113,731 per year or $54.68 per hour. The top 10 percent makes over $131,900 per year, while the bottom 10 percent under $92,000 per year.

Most Common Product Development Actuary Benefits

401(k)

Life Insurance

Paid Time Off

Dental Insurance

Vision Insurance

Parental Leave

Employee Assistance Program

Disability Insurance

Retirement Plan

Pension Plan

Product Development Actuary Salary Details

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What is Product Development Actuary Salary

Percentile Annual Salary Monthly Salary Hourly Rate
90th Percentile $131,900 $10,992 $63.00
75th Percentile $115,450 $9,621 $56.00
Average $113,731 $9,478 $55.00
25th Percentile $112,000 $9,333 $54.00
10th Percentile $92,000 $7,667 $44.00

Junior Level

Yearly Salary

$115,425

Hourly Salary

$55.49

Middle Level

Yearly Salary

$113,278

Hourly Salary

$54.46

Senior Level

Yearly Salary

$113,209

Hourly Salary

$54.43

Product Development Actuary Pay Trends

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

Average Product Development Actuary Salary Over Time

 

Product Development 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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