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||$62,780|
|25th Percentile Wage||$76,620|
|50th Percentile Wage||$102,510|
|75th Percentile Wage||$141,980|
|90th Percentile Wage||$184,930|
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 $184,930. The median annual salary (50th percentile) is $102,510. The average annual salary for the bottom 10 percent paid actuaries is $62,780.
The table and chart below show the trend of the median salary of actuaries in the industry sector of finance and insurance from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
The average salaries of actuaries in 15 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 nondepository credit intermediation industry with an annual salary $138,890. The lowest paying industry is the depository credit intermediation industry (annual salary $66,130). For detailed actuaries salary information in a particular industry, use the links provided below.
|Industry Name||Median Annual Salary|
|Nondepository Credit Intermediation|| |
|Other Insurance Related Activities|| |
|Agencies, Brokerages, and Other Insurance Related Activities|| |
|Insurance Agencies and Brokerages|| |
|Other Financial Investment Activities|| |
|Direct Insurance (except Life, Health, and Medical) Carriers|| |
|Securities and Commodity Contracts Intermediation and Brokerage|| |
|Insurance Carriers and Related Activities|| |
|Insurance Carriers|| |
|Funds, Trusts, and Other Financial Vehicles|| |
|Insurance and Employee Benefit Funds|| |
|Securities, Commodity Contracts, and Other Financial Investments and Related Activities|| |
|Direct Health and Medical Insurance Carriers|| |
|Credit Intermediation and Related Activities|| |
|Depository Credit Intermediation|| |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 .