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Actuaries Salary Information in New York

The average annual and hourly salaries for actuaries in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of actuaries among New York metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1 & 2. Annual & Hourly Salary of Actuaries in New York

Percentile BracketAverage Annual Salary
90th Percentile Wage
No Data
75th Percentile Wage
$175,080
50th Percentile Wage
$119,860
25th Percentile Wage
$82,090
10th Percentile Wage
$64,990

Table 1 shows the average annual salary for actuaries in New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $175,080. The median (50th percentile) annual salary is $119,860. The average annual salary for the bottom 10 percent is $64,990.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
No Data
75th Percentile Wage
$84.17
50th Percentile Wage
$57.62
25th Percentile Wage
$39.47
10th Percentile Wage
$31.24

Table 2 shows the average hourly salary for actuaries in New York in 5 percentile scales. The average hourly salary for the 75th percentile wage is $84.17. The median hourly salary is $57.62. The average hourly salary for the bottom 10 percent is $31.24.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $119,860 2.42%
2013 $117,030 -1.74%
2012 $119,100 9.77%
2011 $108,500 12.88%
2010 $96,120 -

Table 3 shows the salary trend for actuaries in state of New York from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 24.70%. We note that in 2013 the average salary decreased by -1.74%.We also note that the average annual wage had a sizable growth of 9.77% in the year 2012 and a sizable increase of 12.88% in 2011.

Table 4. Average Actuaries Wage in New York vs. Related Jobs

OccupationAverage Wage
Actuaries
$119,860
Operations Research Analysts
$81,120
Statisticians
$74,050

Table 5. Median Annual Salary of Actuaries in New York Cities

Table 5 shows the median annual salary of actuaries in some New York cities and metropolitan areas. We note that the median annual salary of actuaries in state of New York ranges from $70,680 to $134,240. The highest paying area for actuaries in New York is Nassau-Suffolk with a median annual salary of $134,240. The second highest paying city/area in New York State is New York-White Plains-Wayne (mean annual salary $122,850). The lowest paying area is Buffalo-Niagara Falls with a median annual salary of $70,680.

Cities/Areas Median Annual Salary
Nassau-Suffolk
$134,240
New York-White Plains-Wayne
$122,850
New York-Northern New Jersey-Long Island
$114,310
Albany-Schenectady-Troy
$98,430
Rochester
$92,070
Syracuse
$74,490
Buffalo-Niagara Falls
$70,680

Actuaries Salary by State

Alabama       Arizona       Arkansas       California       Colorado       Connecticut       Delaware       D.C.       Florida       Georgia       Hawaii       Idaho       Illinois       Indiana       Iowa       Kansas       Kentucky       Maine       Maryland       Massachusetts       Michigan       Minnesota       Missouri       Nebraska       Nevada       New Hampshire       New Jersey       New Mexico       New York       North Carolina       North Dakota       Ohio       Oklahoma       Oregon       Pennsylvania       Rhode Island       South Carolina       Tennessee       Texas       Utah       Vermont       Virginia       Washington       Wisconsin      

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