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Actuarial Analyst/Consultant Salary in Minnesota

How much does an Actuarial Analyst/Consultant make in Minnesota? As of September 01, 2026, the average salary for an Actuarial Analyst/Consultant in Minnesota is $80,984 per year, which breaks down to an hourly rate of $39.

However, an Actuarial Analyst/Consultant's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $94,609
  • Majority Range (25th-75th percentile): $73,229 to $88,116
  • Entry-Level (10th percentile): $66,168
Salary Factors Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Check out Actuarial Analyst/Consultant Job Openings in Minnesota

Key Factors That Influence Actuarial Analyst/Consultant Salaries

An Actuarial Analyst/Consultant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Analyst/Consultant Salaries?

Experience is a primary driver of an Actuarial Analyst/Consultant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $75,660
  • Early Career (1-2 years): $76,300
  • Mid-Level (2-4 years): $77,579
  • Senior-Level (5-8 years): $80,687
  • Expert (over 8 years): $82,965
Job RoleYears of ExperienceAverage Salary
Entry Level Actuarial Analyst/Consultant less than 1 year $75,660
Early Career Level Actuarial Analyst/Consultant 1-2 years $76,300
Mid-Level Level Actuarial Analyst/Consultant 2-4 years $77,579
Senior-Level Level Actuarial Analyst/Consultant 5-8 years $80,687
Expert Level Actuarial Analyst/Consultant over 8 years $82,965

How Do Actuarial Analyst/Consultant Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Analyst/Consultants. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $87,624.
  • California: $87,292.
  • Massachusetts: $86,128.

Top Paying Cities for Actuarial Analyst/Consultant

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $77,536
  • Courtland: $77,448
  • Darfur: $77,049

Actuarial Analyst/Consultant Salary by Industry: Top Paying Sectors

For Actuarial Analyst/Consultant roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Healthcare sectors offer the strongest compensation, at 30% above the average. In contrast, Actuarial Analyst/Consultant positions in Telecom or Insurance typically offer lower base pay, as these industries often view Actuarial Analyst/Consultant as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Analyst/Consultant

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking $105,279 $51.0 30%
Healthcare $97,181 $47.0 20%
Business Services $89,083 $43.0 10%
Energy & Utilities $85,033 $41.0 5%

Actuarial Analyst/Consultant Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Analyst/Consultant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on September 01, 2026
$73,229
Average $80,984/year
$88,116
$6,102
Average $6,749/month
$7,343
$1,408
Average $1,557/week
$1,695
$35
Average $39/hour
$42
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $88,116 $7,343 $1,695 $42
Average $80,984 $6,749 $1,557 $39
25th Percentile $73,229 $6,102 $1,408 $35

Find Your Next Actuarial Analyst/Consultant Job

Ready to take the next step in your career? Browse thousands of current Actuarial Analyst/Consultant job openings on our job board. Use the search bar below to find your perfect match.

  • DW Simpson | COSTA MESA, CA

    Senior Actuarial Analyst

    DW Simpson | COSTA MESA, CA

    DW Simpson seeks a Senior Actuarial Analyst to support insurance, consulting, and corporate clients with pricing, reserving, and risk analytics. In this hy... more

    7 Days Ago

  • DW Simpson | WALDON, CA

    Exclusive Actuarial Recruiter

    DW Simpson | WALDON, CA

    DW Simpson seeks an Exclusive Actuarial Recruiter to join our professional, growth-oriented team. In this role, you will manage the full recruiting lifecyc... more

    7 Days Ago

  • DW Simpson | PECK SLIP, NY

    Head of Actuarial Pricing Analytics

    DW Simpson | PECK SLIP, NY

    DW Simpson is seeking a Head of Actuarial Pricing Analytics to lead pricing strategy and analytics for our clients in the professional, scientific, and tec... more

    7 Days Ago

  • DW Simpson | LIBERTY CORNER, NJ

    VP Head of Actuarial Reserving Governance

    DW Simpson | LIBERTY CORNER, NJ

    DW Simpson seeks a VP, Head of Actuarial Reserving Governance to lead reserving oversight for insurance and reinsurance clients. In this high-impact leader... more

    7 Days Ago

  • MEDSTAR HEALTH | WASHINGTON, DC

    Dietitian

    MEDSTAR HEALTH | WASHINGTON, DC

    MedStar Health, a leader in patient-first healthcare in the DMV area, is seeking a dedicated Dietitian II to join our dynamic team. This role focuses on de... more

    7 Days Ago

  • Headway | PROVIDENCE, RI

    Psychiatric NP

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    Headway, a pioneer in mental health services, is seeking a Licensed Psychiatric Nurse Practitioner to join our dedicated team. At Headway, we streamline th... more

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Where Does Our Salary Data Come From?

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