Actuary Salary (2025)
Actuaries analyze financial risk using math and statistics.
The median Actuary salary is $113,990 per year ($55/hour). Entry-level Actuarys earn around $75,000 while experienced Actuarys earn $175,000 or more annually.
Salary variation for actuaries is driven by factors such as experience, specialization, and geographical location. For instance, actuaries specializing in predictive analytics or health insurance often command higher salaries, with top earners exceeding $175,000. Additionally, regions like New York and California typically offer higher salaries due to the cost of living and demand for expertise.
AI-generated insight based on BLS data · For reference only
Salary Range
Median: $113,990 — positioned between entry and senior
Top Paying States for Actuarys
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $162,000 | +42% |
| California | $157,000 | +38% |
| New York | $146,000 | +28% |
| Alaska | $142,000 | +25% |
| Massachusetts | $142,000 | +25% |
| New Jersey | $137,000 | +20% |
| Connecticut | $135,000 | +18% |
| Washington | $131,000 | +15% |
Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.
How to Become a Actuary
Most Actuary positions require: Bachelor's in Actuarial Science + professional exams. Salaries typically increase significantly with experience and specialization.
Actuary Salary by State
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Frequently Asked Questions
What is the average Actuary salary?
The median Actuary salary is $113,990 per year, which works out to approximately $55/hour based on a 40-hour work week.
How much does an entry-level Actuary make?
Entry-level Actuarys typically earn around $75,000 per year. Salaries grow significantly with experience and specialization.
What is a senior Actuary's salary?
Experienced Actuarys can earn up to $175,000 or more annually depending on location, employer, and specialization.
What education is required to become a Actuary?
Most Actuary positions require: Bachelor's in Actuarial Science + professional exams.