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Actuary

Data current as of August 2026 · sources: U.S. Bureau of Labor Statistics and O*NET
Average base salary, Arizona
$144,500 / year
$12,050 per month · $69.47 per hour

BLS May 2025 state data for Arizona · median $140,500
25th percentile
$111,500
Average
$144,500
75th percentile
$177,000
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Actuary salary by state
Alabama$128,500
Arizona$144,500
California$150,500
Colorado$134,000
Connecticut$170,500
Florida$141,500
Illinois$134,000
Indiana$108,500
Iowa$130,000
Kansas$140,000
Kentucky$133,500
Louisiana$114,500
Maine$130,000
Maryland$138,500
Michigan$112,500
Minnesota$143,000
Mississippi$135,500
Missouri$140,500
Nebraska$116,500
Nevada$141,000
New Jersey$158,000
New York$167,500
Ohio$126,000
Oklahoma$124,500
Oregon$140,000
Pennsylvania$138,000
Rhode Island$128,000
Tennessee$141,500
Texas$123,500
Utah$136,000
Virginia$145,500
Washington$146,000
Wisconsin$139,000
About this role

Actuary is a professional role within the function in the Computer and Mathematical job family.

Pay for this title reflects both its level and its scope; see our Title Level and Organization Responsibility guides for how WePayFairly defines them.

What Actuarys do

Typical education: Bachelor's Degree

  • Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  • Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
  • Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
  • Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
  • Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.

Top skills: Reading Comprehension Mathematics Judgment and Decision Making Critical Thinking Systems Evaluation Complex Problem Solving

Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Actuary pay by experience level
Entry level$81,500
Typical starting pay (about the 10th percentile)
Early career$101,000
A few years in (about the 25th percentile)
Experienced$134,500
Mid-career median pay
Senior$176,500
Seasoned professionals (about the 75th percentile)
Top earners$222,500
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
+21.8%
projected change in jobs, 2024–2034
2,400
projected openings per year
Growing faster than average
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
Actuary salary by industry
Insurance Carriers and Related Activities

19,470 workers

$149,000

Insurance Carriers

13,500 workers

$141,000

Agencies, Brokerages, and Other Insurance Related Activities

5,960 workers

$167,500

Professional, Scientific, and Technical Services

3,910 workers

$136,500

Management, Scientific, and Technical Consulting Services

2,890 workers

$131,500

Management of Companies and Enterprises

1,150 workers

$145,500

Management of Companies and Enterprises

1,150 workers

$145,500

Federal, State, and Local Government, excluding State and Local Schools and Hospitals and USPS

850 workers

$135,000

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

510 workers

$158,000

State Government, excluding Schools and Hospitals (OEWS Designation)

460 workers

$118,500

National sector-level figures, BLS OEWS May 2025, aged to 2026.
How this role compares

Actuary pays 19% above the average across 38 roles in the Computer and Mathematical job family (family average $123,500).

Careers related to Actuary
Related occupations from O*NET OnLine, U.S. Department of Labor.
Frequently asked questions

How much does a Actuary make?

The average base salary for a Actuary in the United States is $146,500 per year, or about $70.43 per hour.

What is the typical salary range?

Pay typically falls between $101,000 and $176,500 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.

How does this compare with other Computer and Mathematical roles?

The Computer and Mathematical job family averages $123,500 across 38 roles tracked by WePayFairly.

Need a defensible market price for this role?
WePayFairly data is compiled from published survey sources and maintained by compensation professionals.

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