Science & Engineering

Actuary Salary

Uses statistics and probability to assess and price financial risk.

Low
$72,000
Average
$113,000
High
$165,000
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What this role does

  • Build models to price insurance and financial risk
  • Analyze data trends
  • Pass a series of professional actuarial exams
  • Present risk assessments to leadership

Education & path in

Bachelor's in math, statistics, or actuarial science, plus professional exams (SOA/CAS)

Experience level: Entry-level while completing exams; fully credentialed actuaries earn significantly more

Where it pays best

States that typically pay above the national average for this role: Connecticut, New York, Illinois, Massachusetts, New Jersey. Actual pay depends heavily on metro area, employer size, and cost of living.

Job outlook

Faster than average

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Figures are editorial estimates as of Jul 1, 2026, not official government statistics. For official data, see the Bureau of Labor Statistics.