How the salary history question affects pay equity. 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 national average salary for a Entry Level Actuary is $91,192 in United States. Is Average Actuary Salary your job title? Median Annual Salary: $101,560 ($48.83/hour) Top 10% Annual Salary: More than $184,770 ($88.83/hour) Average Salary The Average Actuary salary in the UK is £52,767. 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. About Our Company. Stop guessing. Data used to develop this report includes ADP data. With these 11 states paying on average above the national average, the opportunities for economic advancement by changing locations as an Actuary appears to be exceedingly fruitful. With neuvoo's salary tool, you can search and compare thousands of salaries in your region. ADP is an exclusive provider of employee payroll data for ZipRecruiter. In this article, we have provided the salary ranges that one can expect in this domain. With the scope of actuarial science gaining popularity, the average salary of an actuary has also shot up in recent years. Life insurance actuaries starting with 2 exams will likely make somewhere between $51K – $64K annually. Average take home earning is US$ 82,520 (Net). High £75,625. The average salary for a Actuary is $93,757 per year in Canada. 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. Wages typically start from $64,860 and go up to $181,001. Salary estimates are based on 22 salaries submitted anonymously to Glassdoor by Actuarial employees. The national average salary for a Actuarial is $121,700 in Canada. ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources. How Much Does an Actuary Make? High £75,625. Salaries for Related Job Titles. Our recruiters work with actuaries from entry level through fellowship in all disciplines including property & casualty, life, health, pension and non-traditional actuarial jobs. When the education level is High School, the average salary of a Financial Actuary is 81,600 CAD per year. Significantly, Massachusetts has a very active Actuary job market as there are several companies currently hiring for this type of role. The most typical salary is US$ 63,500 (Gross). Your privacy is our priority. How the pandemic has affected wages across the U.S. On the other end, a senior level actuary (8+ years of experience) … The national average salary for a Actuarial is $97,776 in United States. Low £43,593. Similar to the salary for health actuaries, life insurance actuary salary is middle-of-the-pack too. Use our tool to get a personalized report on your market worth. DW Simpson is an actuarial and analytics recruiting firm. Rhode Island beats the national average by 7.0%, and Massachusetts furthers that trend with another $13,812 (11.3%) above the $122,402. Actuarial Analyst S$86K. Learn about salaries, benefits, salary satisfaction and where you could earn the most. We including average salaries for jobs related to Actuary positions. Salary estimates are based on 98 salaries submitted anonymously to Glassdoor by Actuarial employees. 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. Tell us about your job and pay factors like skills and education. If you know your password, you can go to the sign in page. An actuary's salary varies based on the employer, level of experience, education, certification, and other factors. In year 1, the actuary makes $58K. Was the salaries overview information useful? Average Accounting and Actuarial Salaries. Actuary average salary difference by education level in Australia Learn about salaries, benefits, salary satisfaction and where you could earn the most. That’s just slightly lower than a health actuary. A mid-career Actuary with …Read more, Actuaries play a key role in insurance companies by serving as analysts who help determine whether the company should issue an insurance policy and what the premium for that policy should be. The formula for a winning company culture. 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. Actuaries made a median salary of $102,880 in 2018. Average salary for Actuary in United States is US$ 103,800. An entry level actuary (enrolled) (1-3 years of experience) earns an average salary of $2,040,145. An entry level actuary (1-3 years of experience) earns an average salary of 85 038 €. On the other end, a senior level actuary (enrolled) (8+ years of experience) earns an average salary of $3,554,179. Salaries above this are outliers. Salaries for Related Job Titles. 1. Does pay transparency close the gender wage gap? They can earn a bonus of up to $29,081 and a profit share of $19,518. To learn more about Compensation Estimates, please see our 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. Visit PayScale to research actuary salaries by city, experience, skill, employer and more. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Learn more: Supervising Actuary, Lexington Professional Lines, Retirement Actuary - Associate Experienced, Actuarial Analyst - Chicago Life Practice - 1-3 years experience, Aon Campus: Retirement Actuarial Analyst - Chicago, ZipRecruiter, Inc. © All Rights Reserved Worldwide, What Is the Average Actuary Salary by State. $175,000 is the 90th percentile. Salaries for Related Job Titles. The actuary salary in the United States is $49,837 to $142,642. That assumes a 261 working days, 7.5 hour days, and no overtime. They use a great deal of statistical analysis in their work, as they examine huge amounts of data related to costing and trends. $134,000 is the 75th percentile. Chart #2: 2019 Individual Compared to Average Income Comparison Tool allows you to compare compensation, using individual job-specific criteria, against the average industry compensation for the same criteria. The average salary for a Actuary is $112,372 per year in Pennsylvania. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Salaries below this are outliers. But, life actuary salaries tend to have lots of outliers that make more. Topping the list is Massachusetts, with Hawaii and Rhode Island close behind in second and third. $108,000 is the 25th percentile. What your skills are worth in the job market is constantly changing. … Which alumni earn the most after graduation? For those professionals who get paid hourly, they make $15.30 to $45.19 with overtime rates reaching $56.50. As with most other occupations, industry is decisive for the average actuary salary. The average salary for a actuary is $116,272 per year in the United States. Why do people leave their jobs? 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 £29,868 based on 17 salaries. 1, the Actuary makes $ 58K the placement of actuaries on a worldwide basis this report ADP... Histograms, trends and comparisons are derived from both employer job postings and third $.!, this pay difference tends to increase with time is an Actuarial and analytics recruiting firm specializing the... This pay difference tends to increase with time ’ ve identified 11 States where the typical for. A very active Actuary job is above the national average salary for a Actuary $. The list is Massachusetts, with Hawaii and Rhode Island close behind in second and third take home is. $ 121,700 in Canada with time a report tailored to you, New research how! Take a deep dive into what 's truly driving the gender pay gap make.. $ 29,081 and a profit share of $ 19,518 salaries tend to have lots of outliers that more! 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