Similar to the salary for health actuaries, life insurance actuary salary is middle-of-the-pack too. An entry level actuary (1-3 years of experience) earns an average salary of 85 038 €. Average Base Salary $144,497 : Average Bonus $34,722 : Average Total Compensation $179,211. We’ve identified 11 states where the typical salary for an Actuary job is above the national average. Tell us about your job and pay factors like skills and education. Industry. Time to read the page 30 min. Low £43,593. Life insurance actuaries starting with 2 exams will likely make somewhere between $51K – $64K annually. Salaries for Related Job Titles. Do you know what people like you are earning? That assumes a 261 working days, 7.5 hour days, and no overtime. An entry level actuary (enrolled) (1-3 years of experience) earns an average salary of $2,040,145. High £75,625. If we now include the 430 study hours into his salary (because those are technically hours spent keeping your job), then that breaks down to $24 per hour. Median Annual Salary: $101,560 ($48.83/hour) Top 10% Annual Salary: More than $184,770 ($88.83/hour) The average salary for an Actuary is $94,596, An entry-level Actuary with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $61,790 based on 139 salaries. When the education level is High School, the average salary of a Financial Actuary is 81,600 CAD per year. Use our tool to get a personalized report on your market worth. Filter by location to see Actuarial salaries in your area. The average salary for a actuary is $116,272 per year in the United States. Stop guessing. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. Salary estimates are based on 22 salaries submitted anonymously to Glassdoor by Actuarial employees. … That’s just slightly lower than a health actuary. Salary estimates are based on 98 salaries submitted anonymously to Glassdoor by Actuarial employees. 32 salaries reported, updated at 4 January 2021 $127,067 per year The average salary for a actuary is $127,067 per year in Australia. The actuary salary in the United States is $49,837 to $142,642. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. The most typical salary is US$ 63,500 (Gross). Our recruiters work with actuaries from entry level through fellowship in all disciplines including property & casualty, life, health, pension and non-traditional actuarial jobs. The best-paid 25 percent made $141,760 that year, while the lowest-paid 25 percent made $76,720. How the pandemic has affected wages across the U.S. While actuaries typically start out making a bit more than accountants, this pay difference tends to increase with time. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Salary estimates are based on 2,200 salaries submitted anonymously to Glassdoor by Entry Level Actuary employees. An early career Actuary with 1-4 years of experience earns an average total compensation of $78,692 based on 329 salaries. Fresh market data paired with robust analytics. Filter by location to see Actuarial salaries in your area. How the salary history question affects pay equity. Filter by location to see Entry Level Actuary salaries in your area. The average Actuary salary in USA is $136,500 per year or $70 per hour. The national average salary for a Actuarial is $8,000 in Singapore. The average salary for a Actuary is $93,757 per year in Canada. Salaries for Related Job Titles. 78% above national average Updated in 2019. Is Average Actuary Salary your job title? Actuarial Analyst CA$26. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. The base salary for Actuary V ranges from $122,855 to $149,558 with the average base salary of $135,756. Was the salaries overview information useful? In year 1, the actuary makes $58K. The national average salary for a Actuarial is $97,776 in United States. The national average salary for a Actuarial is $121,700 in Canada. The national average salary for a Actuarial is £70,277 in United Kingdom. Insurance companies must always maintain their financial health, and the role of the actuary is to manage risk in the delicate balance between issuing policies (and the costs …Read more, Annual Compensation Best Practices Report. Actuaries earn an average yearly salary of $108,350. Average take home earning is US$ 82,520 (Net). On the other end, a senior level actuary (enrolled) (8+ years of experience) earns an average salary of $3,554,179. The formula for a winning company culture. Learn about salaries, benefits, salary satisfaction and where you could earn the most. $134,000 is the 75th percentile. Salaries below this are outliers. In this article, we have provided the salary ranges that one can expect in this domain. Occupational Employment and Wages, May 2019 15-2011 Actuaries. Actuary Salary Influencers 1. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the … Follow wage changes of U.S. workers over time. Actuary average salary difference by education level in Australia The total cash compensation, which includes base, and annual incentives, can vary anywhere from $135,929 to $169,653 with the average total cash compensation of $151,680. Your privacy is our priority. ADP is an exclusive provider of employee payroll data for ZipRecruiter. $175,000 is the 90th percentile. They can earn a bonus of up to $29,081 and a profit share of $19,518. Which alumni earn the most after graduation? Does pay transparency close the gender wage gap? Salaries above this are outliers. Filter by location to see Actuarial salaries in your area. Why do people leave their jobs? Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. About Our Company. The average pay range for an Actuary varies greatly (by as much as $26,000), which suggests there may be many opportunities for advancement and increased pay … They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. The national average salary for a Entry Level Actuary is $91,192 in United States. Learn about salaries, benefits, salary satisfaction and where you could earn the most. By clicking the button above, I agree to the ZipRecruiter Terms of Use and acknowledge I have read the Privacy Policy, and agree to receive email job alerts. Understand what's truly driving the gender pay gap. Average Salary of an Actuary. That works out to about $30 per hour. $108,000 is the 25th percentile. Chart #1: 2019 Actuarial Compensation Comparison Tool allows you to select a compensation category and explore how related variables influence it based on criteria you select. The average salary for a Actuary is $112,372 per year in Pennsylvania. But, life actuary salaries tend to have lots of outliers that make more. Filter by location to see Actuarial salaries in your area. Visit PayScale to research actuary salaries by city, experience, skill, employer and more. The average Actuary III salary in the United States is $105,538 as of December 28, 2020, but the range typically falls between $93,493 and $116,316. Average Actuary salary in the UK Edit search. We're sending an email you can use to verify and access your account. We are the leading actuarial recruiting firm specializing in the placement of Actuaries on a worldwide basis. *Salary estimates (ZipEstimate) are not verified by employers; actual compensation can vary considerably. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. With the scope of actuarial science gaining popularity, the average salary of an actuary has also shot up in recent years. For example, the average salary of an actuary who works in the management of companies and enterprises is about $90,070.On the other hand, the actuary salary range for the professional, scientific and technical services industry is approximately $98,920. Salary estimates are based on 2 salaries submitted anonymously to Glassdoor by Actuarial employees. While someone with a Certificate or Diploma gets a salary of 95,900 CAD per year, 18% more than someone having a High School degree. Deep dive into what 's impacting employee retention and what employees are for. ( 1-3 years of experience, skill, employer and more ziprecruiter salary estimates are based on salaries. No overtime and go up to $ 142,642 that assumes a 261 working days 7.5. There are several companies currently hiring for this type of role by Entry level Actuary salaries city. 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