National Salary Info » Actuaries

Highest Paying Industries for Actuaries

The top 41 highest paying industries for actuaries (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment in those industries are also shown. As shown in the table, with an average annual salary of $133,060, credit intermediation and related activities is the highest paying industry for actuaries. It is followed by nondepository credit intermediation industry (average annual salary $133,040). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics in May 2015 [1]. For more information about salaries of actuaries in a specific industry, use the links in the table.

Table 1. 41 Highest Paying Industries for Actuaries

Industry Average Salary i # of
Empl. i
1 Credit Intermediation and Related Activities
$133,060
50
2 Nondepository Credit Intermediation
$133,040
40
3 Federal government, including USPS
$120,420
280
4 Federal Executive Branch (OES Designation)
$120,420
280
5 Insurance Agencies and Brokerages
$118,680
2,300
6 Business, Professional, Labor, Political, and Similar Organizations
$115,520
30
7 Religious, Grantmaking, Civic, Professional, and Similar Organizations
$115,520
30
8 Other Services (except Federal, State, and Local Government)
$115,520
30
9 Agencies, Brokerages, and Other Insurance Related Activities
$109,610
4,100
10 Office Administrative Services
$106,140
70
11 Other Financial Investment Activities
$104,920
240
12 Administrative and Support Services
$104,590
70
13 Administrative and Support and Waste Management and Remediation Services
$104,590
70
14 Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$100,840
260
15 Finance and Insurance
$98,310
14,600
16 Insurance Carriers and Related Activities
$98,150
14,200
17 Other Insurance Related Activities
$97,830
1,800
18 Outpatient Care Centers
$97,440
40
19 Insurance and Employee Benefit Funds
$97,250
80
20 Funds, Trusts, and Other Financial Vehicles
$97,250
80
21 Management, Scientific, and Technical Consulting Services
$96,970
3,160
22 Professional, Scientific, and Technical Services
$96,880
3,570
23 Insurance Carriers
$95,470
10,100
24 Federal, State, and Local Government (OES Designation)
$94,710
840
25 Federal, State, and Local Government
$94,710
840
26 Public sector -- Federal, state, and local government, including government owned schools and hospit
$92,930
860
27 Direct Insurance (except Life, Health, and Medical) Carriers
$90,690
2,820
28 Management of Companies and Enterprises
$89,630
2,160
29 Direct Health and Medical Insurance Carriers
$88,340
2,060
30 Other Professional, Scientific, and Technical Services
$87,530
240
31 General Medical and Surgical Hospitals - Privately owned
$83,240
50
32 Hospitals - Privately owned
$83,240
50
33 General Medical and Surgical Hospitals
$82,460
60
34 Hospitals (including private, state, and local government hospitals)
$82,460
60
35 State Government, excluding schools and hospitals (OES Designation)
$81,570
500
36 State government, including schools and hospitals
$80,900
510
37 Health Care and Social Assistance
$80,240
110
38 Local Government, excluding schools and hospitals (OES Designation)
$77,330
60
39 Local government, including schools and hospitals
$77,230
70
40 Ambulatory Health Care Services
$75,220
50
41 Educational Services
$61,030
n/a
See also: Highest paying cities for actuaries.