General Insurance Actuary Salary in New Mexico

How much does a General Insurance Actuary make in New Mexico? As of September 01, 2026, the average salary for a General Insurance Actuary in New Mexico is $110,801 per year, which breaks down to an hourly rate of $53.

However, a General Insurance Actuary's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $139,781
  • Majority Range (25th-75th percentile): $102,431 to $125,971
  • Entry-Level (10th percentile): $94,811

Key Factors That Influence General Insurance Actuary Salaries

A General Insurance Actuary'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 General Insurance Actuary Salaries?

Experience is a primary driver of a General Insurance Actuary'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): $63,221
  • Early Career (1-2 years): $82,992
  • Mid-Level (2-4 years): $107,641
  • Senior-Level (5-8 years): $154,107
  • Expert (over 8 years): $187,065
Job RoleYears of ExperienceAverage Salary
Health Insurance Service Operations Senior Representative less than 1 year $63,221
Health Insurance Service Operations Supervisor 1-2 years $82,992
General Insurance Actuary 2-4 years $107,641
Health Insurance Service Operations Director 5-8 years $154,107
VP of Health Insurance Service Operations over 8 years $187,065

Top Paying Cities for General Insurance Actuary

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:

  • Algodones: $111,981
  • Belen: $111,358
  • Bernalillo: $112,179

General Insurance Actuary Salary by Industry: Top Paying Sectors

For General Insurance Actuary roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Insurance, offers compensation 20% above the average. Conversely, General Insurance Actuary positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view General Insurance Actuary as a support function rather than a direct revenue driver.

The top paying industry for a General Insurance Actuary

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Insurance $132,962 $64.0 20%

General Insurance Actuary Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a General Insurance Actuary'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
$102,431
Average $110,801/year
$125,971
$8,536
Average $9,233/month
$10,498
$1,970
Average $2,131/week
$2,423
$49
Average $53/hour
$61
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $125,971 $10,498 $2,423 $61
Average $110,801 $9,233 $2,131 $53
25th Percentile $102,431 $8,536 $1,970 $49

Find Your Next General Insurance Actuary Job

Ready to take the next step in your career? Browse thousands of current General Insurance Actuary job openings on our job board. Use the search bar below to find your perfect match.

  • DW Simpson | CREVE COEUR, MO

    DW Simpson | CREVE COEUR, MO

    DW Simpson seeks an Actuary Manager to lead actuarial projects for clients in the professional, scientific, and technical services sector. In this hybrid r... more

    2 Days Ago

  • DW Simpson | SOUTHWEST RANCHES, FL

    DW Simpson | SOUTHWEST RANCHES, FL

    DW Simpson is seeking an Associate Actuary to support our specialized actuarial and analytics recruiting practice. In this hybrid role, you will research m... more

    3 Days Ago

  • DW Simpson | DEERFIELD BEACH, FL

    DW Simpson | DEERFIELD BEACH, FL

    DW Simpson seeks a remote Chief Actuary to lead actuarial strategy for clients across insurance and consulting. In this executive role, you will oversee pr... more

    3 Days Ago

  • DW Simpson | THE GAP, IL

    DW Simpson | THE GAP, IL

    DW Simpson seeks a Managing Actuary to lead complex actuarial work for insurance and consulting clients within a professional, growth-oriented environment.... more

    3 Days Ago

  • DW Simpson | PALMER SQUARE, IL

    DW Simpson | PALMER SQUARE, IL

    DW Simpson is seeking a Consulting Actuary to provide expert actuarial analysis and advisory services to insurance, consulting, and corporate clients in th... more

    3 Days Ago

  • DW Simpson | THE GAP, IL

    DW Simpson | THE GAP, IL

    DW Simpson seeks a Senior Actuary to lead complex actuarial projects for insurance and risk-focused clients. In this remote role, you will design and valid... more

    3 Days Ago

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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