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Actuaries Salary in Sector of Finance and Insurance

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.

Average Annual Salary of Actuaries

Percentile BracketAverage Annual Salary
10th Percentile Wage
$60,480
25th Percentile Wage
$75,650
50th Percentile Wage
$101,120
75th Percentile Wage
$140,340
90th Percentile Wage
$183,950

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.

Salary Trend (2012 to 2016)

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.

YearMedian SalaryYearly Growth4-Year Growth
2016101,1203.17%6.36%
201597,910-0.41%-
201498,3102.75%-
201395,6100.96%-
201294,690--

Compare Actuaries Salary in Different Industries within the Finance and Insurance Sector

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
$130,840
Insurance Agencies and Brokerages
$120,390
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$114,780
Agencies, Brokerages, and Other Insurance Related Activities
$109,140
Other Financial Investment Activities
$104,920
Insurance Carriers and Related Activities
$100,950
Funds, Trusts, and Other Financial Vehicles
$100,760
Insurance and Employee Benefit Funds
$100,760
Direct Insurance (except Life, Health, and Medical) Carriers
$100,730
Other Insurance Related Activities
$99,640
Insurance Carriers
$99,200

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].



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