Director of Healthcare Finance and Actuarial Services
WTW inc. – Potomac, MD
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How much does an Actuarial Services Associate make in Maryland? As of August 01, 2026, the average salary for an Actuarial Services Associate in Maryland is $76,055 per year, which breaks down to an hourly rate of $37.
However, an Actuarial Services Associate's salary can vary significantly. Here's a look at the typical salary range:
Actuarial Services Associate Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $85,061 | $7,088 | $1,636 | $41 |
| Average | $76,055 | $6,338 | $1,463 | $37 |
| 25th Percentile | $67,923 | $5,660 | $1,306 | $33 |
An Actuarial Services Associate'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.
Experience is a primary driver of an Actuarial Services Associate'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Actuarial Services Associate | less than 1 year | $74,178 |
| Research and Development Associate II | 1-2 years | $86,272 |
| Research and Development Associate III | 2-4 years | $104,387 |
| Research and Development Associate IV | 5-8 years | $137,640 |
| Research and Development Associate V | over 8 years | $168,065 |
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 Services Associates. For example, consider the average annual salaries in these key locations:
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:
For Actuarial Services Associate roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 35% above the average. In contrast, Actuarial Services Associate positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Actuarial Services Associate as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $102,674 | $49.0 | 35% |
| Pharmaceuticals | $98,871 | $48.0 | 30% |
| Biotechnology | $95,068 | $46.0 | 25% |
| Financial Services | $95,068 | $46.0 | 25% |
| Internet | $91,266 | $44.0 | 20% |
Understanding how an Actuarial Services Associate'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $85,061 | $7,088 | $1,636 | $41 |
| Average | $76,055 | $6,338 | $1,463 | $37 |
| 25th Percentile | $67,923 | $5,660 | $1,306 | $33 |
Ready to take the next step in your career? Browse thousands of current Actuarial Services Associate job openings on our job board. Use the search bar below to find your perfect match.
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