The salary statistics of actuaries in the industry sector of finance and insurance are shown in Table 1. In Table 2 we compare actuaries salaries in different industries within the finance and insurance sector.
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage|| |
|25th Percentile Wage|| |
|50th Percentile Wage|| |
|75th Percentile Wage|| |
|90th Percentile Wage|| |
Table 1 shows the average annual salary for actuaries in the industry sector of finance and insurance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) actuaries is $183,950. The median annual salary (50th percentile) is $101,120. The average annual salary for the bottom 10 percent paid actuaries is $60,480.
The following table and chart show the trend of the median salary of actuaries in the industry sector of finance and insurance from 2012 to 2016.
|Year||Median Salary||Yearly Growth||4-Year Growth|
The average salaries of actuaries in eleven industries in the finance and insurance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for actuaries occupations is the credit intermediation and related activities industry with an annual salary $130,840. The lowest paying industry is the insurance carriers industry (annual salary $99,200). For detailed actuaries salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Credit Intermediation and Related Activities|| |
|Insurance Agencies and Brokerages|| |
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities|| |
|Agencies, Brokerages, and Other Insurance Related Activities|| |
|Other Financial Investment Activities|| |
|Insurance Carriers and Related Activities|| |
|Funds, Trusts, and Other Financial Vehicles|| |
|Insurance and Employee Benefit Funds|| |
|Direct Insurance (except Life, Health, and Medical) Carriers|| |
|Other Insurance Related Activities|| |
|Insurance Carriers|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 .