How much does an Actuary Associate make in the United States?
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The average Actuary Associate salary in the United States is $94,941 as of June 27, 2024. The range for our most popular Actuary Associate positions (listed below) typically falls between $85,361 and $104,520. Keep in mind that salary ranges can vary widely depending on many important factors, including position, education, certifications, additional skills, and the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Actuary Associate's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Actuary IV | $138,357 | $66.52 | United States | June 27, 2024 |
| Actuary II | $90,476 | $43.50 | United States | June 27, 2024 |
| Actuary V | $161,061 | $77.43 | United States | June 27, 2024 |
| Actuary I | $80,184 | $38.55 | United States | June 27, 2024 |
| Associate Actuary, Personal Pricing | $133,833 | $64.34 | United States | June 27, 2024 |
| Actuary Consultant I | $80,203 | $38.56 | United States | June 27, 2024 |
| Insurance Actuary I | $80,175 | $38.55 | United States | June 27, 2024 |
| Actuary Consultant II | $90,466 | $43.49 | United States | June 27, 2024 |
| Insurance Actuary II | $90,480 | $43.50 | United States | June 27, 2024 |
| Insurance Actuary III | $113,393 | $54.52 | United States | June 27, 2024 |
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Actuary IV utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary IV assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary IV applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Associate of Society of Actuaries (ASA). Typically reports to a manager. The Actuary IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be an Actuary IV typically requires 7+ years of related experience. View Actuary IV SalaryAlternate Job Titles:Actuarial Analyst IV, Actuary Consultant IV, Insurance Actuary IV
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Actuary II utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary II assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary II applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be an Actuary II typically requires 2-4 years of related experience. View Actuary II SalaryAlternate Job Titles:Actuarial Analyst II, Actuary Consultant II, Insurance Actuary II
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Actuary V utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary V assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary V applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Associate of Society of Actuaries (ASA). Typically reports to a manager. The Actuary V works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. To be an Actuary V typically requires 10+ years of related experience. View Actuary V SalaryAlternate Job Titles:Actuarial Analyst V, Actuary Consultant V, Insurance Actuary V
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Actuary I utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary I assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary I applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary I typically requires 0-2 years of related experience. View Actuary I SalaryAlternate Job Titles:Actuarial Analyst I, Actuary Consultant I, Entry Level Actuary, Insurance Actuary I
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The Actuary Consultant I compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Actuary Consultant I records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Actuary Consultant I applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Actuary Consultant I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Actuary Consultant I typically requires 0-2 years of related experience. View Actuary Consultant I SalaryAlternate Job Titles:Actuarial Analyst I, Entry Level Actuary, Insurance Actuary I
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The Insurance Actuary I compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Insurance Actuary I records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Insurance Actuary I applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Insurance Actuary I work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Insurance Actuary I typically requires 0-2 years of related experience. View Insurance Actuary I SalaryAlternate Job Titles:Actuarial Analyst I, Actuary Consultant I, Entry Level Actuary
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The Actuary Consultant II compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Actuary Consultant II records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Actuary Consultant II applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Actuary Consultant II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Actuary Consultant II typically requires 2-4 years of related experience. View Actuary Consultant II SalaryAlternate Job Titles:Actuarial Analyst II, Insurance Actuary II
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The Insurance Actuary II compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Insurance Actuary II records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Insurance Actuary II applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Insurance Actuary II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Working as an Insurance Actuary II typically requires 2-4 years of related experience. View Insurance Actuary II SalaryAlternate Job Titles:Actuarial Analyst II, Actuary Consultant II
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The Insurance Actuary III compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Being an Insurance Actuary III records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. In addition, Insurance Actuary III applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Being an Insurance Actuary III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Working as an Insurance Actuary III typically requires 4-7 years of related experience. View Insurance Actuary III SalaryAlternate Job Titles:Actuarial Analyst III, Actuary Consultant III