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

Rank	Industry	Average Salary i	Entry Level Salary i	# of Empl. i
1	Credit Intermediation and Related Activities	$133,060	$68,970	50
2	Nondepository Credit Intermediation	$133,040	$69,240	40
3	Federal government, including USPS	$120,420	$78,140	280
4	Federal Executive Branch (OES Designation)	$120,420	$78,140	280
5	Insurance Agencies and Brokerages	$118,680	$64,040	2,300
6	Business, Professional, Labor, Political, and Similar Organizations	$115,520	$67,370	30
7	Religious, Grantmaking, Civic, Professional, and Similar Organizations	$115,520	$67,370	30
8	Other Services (except Federal, State, and Local Government)	$115,520	$67,370	30
9	Agencies, Brokerages, and Other Insurance Related Activities	$109,610	$58,790	4,100
10	Office Administrative Services	$106,140	$60,120	70
11	Other Financial Investment Activities	$104,920	$61,730	240
12	Administrative and Support Services	$104,590	$49,560	70
13	Administrative and Support and Waste Management and Remediation Services	$104,590	$49,560	70
14	Securities, Commodity Contracts, and Other Financial Investments and Related Activities	$100,840	$57,670	260
15	Finance and Insurance	$98,310	$58,650	14,600
16	Insurance Carriers and Related Activities	$98,150	$58,630	14,200
17	Other Insurance Related Activities	$97,830	$53,370	1,800
18	Outpatient Care Centers	$97,440	$46,320	40
19	Insurance and Employee Benefit Funds	$97,250	$61,960	80
20	Funds, Trusts, and Other Financial Vehicles	$97,250	$61,960	80
21	Management, Scientific, and Technical Consulting Services	$96,970	$57,970	3,160
22	Professional, Scientific, and Technical Services	$96,880	$58,440	3,570
23	Insurance Carriers	$95,470	$58,580	10,100
24	Federal, State, and Local Government (OES Designation)	$94,710	$45,940	840
25	Federal, State, and Local Government	$94,710	$45,940	840
26	Public sector -- Federal, state, and local government, including government owned schools and hospit	$92,930	$46,380	860
27	Direct Insurance (except Life, Health, and Medical) Carriers	$90,690	$54,880	2,820
28	Management of Companies and Enterprises	$89,630	$60,010	2,160
29	Direct Health and Medical Insurance Carriers	$88,340	$57,350	2,060
30	Other Professional, Scientific, and Technical Services	$87,530	$61,960	240
31	General Medical and Surgical Hospitals - Privately owned	$83,240	$52,970	50
32	Hospitals - Privately owned	$83,240	$52,970	50
33	General Medical and Surgical Hospitals	$82,460	$53,700	60
34	Hospitals (including private, state, and local government hospitals)	$82,460	$53,700	60
35	State Government, excluding schools and hospitals (OES Designation)	$81,570	$41,990	500
36	State government, including schools and hospitals	$80,900	$42,740	510
37	Health Care and Social Assistance	$80,240	$44,340	110
38	Local Government, excluding schools and hospitals (OES Designation)	$77,330	$49,760	60
39	Local government, including schools and hospitals	$77,230	$50,620	70
40	Ambulatory Health Care Services	$75,220	$42,450	50
41	Educational Services	$61,030	$45,290	n/a