Alternate Job Titles: Entry Level Actuary, Actuary I
How much does a Actuary I make? The median annual Actuary I salary is $66,133, as of May 30, 2017, with a range usually between $58,486-$73,018, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Actuary I in the United States.
This chart describes the expected percentage of people who perform the job of Actuary I in the United States that make less than that annual salary. For example the median expected annual pay for a typical Actuary I in the United States is $66,133, so 50% of the people who perform the job of Actuary I in the United States are expected to make less than $66,133.
Source: HR Reported data as of May 30, 2017
This chart describes the expected percentage of people who perform the job of Actuary I that make less than that salary. For example 50% of the people who perform the job of Actuary I are expected to make less than the median.
Source: HR Reported data as of June 2017
Conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. May require a bachelor's degree in a related field and 0-2 years of experience. Has knowledge of commonly-used concepts, practices, and procedures within a particular field. Relies on instructions and pre-established guidelines to perform the functions of the job. Works under immediate supervision. Primary job functions do not typically require exercising independent judgment. Typically reports to a supervisor or manager. View full job description