Actuary salary

The salary of an actuary can vary depending on factors such as the individual’s level of experience, the company they work for, and the specific field of actuarial science in which they specialize. According to the Bureau of Labor Statistics, the median annual salary for actuaries in the United States was $108,350 in May 2020. Entry-level actuaries with less than five years of experience typically earn around $60,000 to $80,000 per year, while experienced actuaries with more than 10 years of experience can earn upwards of $200,000 per year. Actuaries working in management, scientific, and technical consulting services have the highest median annual salary among all industries.