How much does a Actuaries make?

The median annual wage for Actuaries is $130,000 ($63 per hour). Pay ranges from about $78,570 at the 10th percentile to $215,100 at the 90th percentile.

What is the average salary for a Actuaries?

The average (mean) annual salary is $141,480, which is higher than the median because a small number of high earners pull the average up.

Which state pays Actuariess the most?

Connecticut has the highest median annual wage for this occupation at $166,800.

Is Actuaries a growing occupation?

BLS employment data for May 2025 counts about 27K people in this occupation. Projected growth is published separately in the BLS Employment Projections program.

What does a Actuaries do?

Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.; Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.; Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates..

Actuaries Salary

Computer and Mathematical Occupations · 27K employed in the U.S.

Median annual

$130,000

Median hourly

$63

Average annual

$141,480

Typical range

$78,570–$215,100

Pay distribution

10th to 90th percentile, with the median marked.

10th$78,570

25th$97,680

Median$130,000

75th$170,650

90th$215,100

What this role pays

The median annual salary for Actuaries is $130,000 as of May 2025, based on the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. That works out to about $63 an hour at a full-time schedule.

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits..

Most earn between $78,570 and $215,100 a year. There are roughly 27K people employed as actuaries in the United States. Use the state and metro pages below to see how pay changes by location, and the calculator to convert any hourly or annual figure.

Salary calculator

Convert your pay and see where it lands for Actuaries.

Pay amountPay period

Hours / weekWeeks / year

Hourly: $62.50
Daily: $500
Weekly: $2,500
Bi-weekly: $5,000
Monthly: $10,833
Annual: $130,000

$130,000 a year is around the 50th percentile for Actuariess. The median is $130,000.

Actuaries — U.S., May 2025
Percentile	Hourly	Annual
10th percentile	$37.80	$78,570
25th percentile	$47.00	$97,680
Median	$62.50	$130,000
75th percentile	$82.00	$170,650
90th percentile	$103.40	$215,100
Average (mean)	$68.00	$141,480
Employment	26,670 people

Key skills

Reading Comprehension
Mathematics
Critical Thinking
Judgment and Decision Making
Active Listening
Complex Problem Solving
Systems Evaluation
Speaking
Systems Analysis
Writing

Highest-paying states

Median annual wage by state.

1Connecticut$166,800
2District of Columbia$166,230
3New York$156,480
4New Jersey$142,800
5Alabama$136,950
6Arizona$135,870
7Washington$134,720
8Utah$132,720
9Nevada$132,370
10Florida$132,110
11Virginia$131,900
12Wisconsin$131,640

Top-paying metro areas

Median annual wage by metro area.

1Bridgeport-Stamford-Danbury, CT$194,130
2San Francisco-Oakland-Fremont, CA$175,330
3Hartford-West Hartford-East Hartford, CT$166,800
4Las Vegas-Henderson-North Las Vegas, NV$163,350
5New York-Newark-Jersey City, NY-NJ$161,460
6Washington-Arlington-Alexandria, DC-VA-MD-WV$144,680
7Waterbury-Shelton, CT$143,430
8Raleigh-Cary, NC$142,180
9New Haven, CT$141,020
10Miami-Fort Lauderdale-West Palm Beach, FL$139,810
11Phoenix-Mesa-Chandler, AZ$138,570
12Portland-South Portland, ME$138,220

Related job titles

Employers advertise Actuaries roles under these titles.

Related occupations

What a Actuaries does

Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
Construct probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information.
Provide advice to clients on a contract basis, working as a consultant.
Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.
Negotiate terms and conditions of reinsurance with other companies.

Frequently asked questions

How much does a Actuaries make?: The median annual wage for Actuaries is $130,000 ($63 per hour). Pay ranges from about $78,570 at the 10th percentile to $215,100 at the 90th percentile.
What is the average salary for a Actuaries?: The average (mean) annual salary is $141,480, which is higher than the median because a small number of high earners pull the average up.
Which state pays Actuariess the most?: Connecticut has the highest median annual wage for this occupation at $166,800.
Is Actuaries a growing occupation?: BLS employment data for May 2025 counts about 27K people in this occupation. Projected growth is published separately in the BLS Employment Projections program.
What does a Actuaries do?: Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.; Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.; Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates..