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Actuary Salary (2025)

Actuaries analyze financial risk using math and statistics.

Last updated: April 2025 ยท Source: BLS

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.

$113,990
Median Annual
$55/hr
Hourly Rate
$75,000
Entry Level
$175,000
Senior Level

Salary Range

$75,000
$175,000

Median: $113,990 โ€” positioned between entry and senior

Top Paying States for Actuarys

StateEst. Annual Salaryvs. 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.

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.

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