Actuary Salary By Exam

Of course there is much variation and the precise starting salary for new trainee actuaries will depend upon factors such as location type of work size of the company and the number of actuarial exemptions. The yearly salary of an actuary also varies by state.

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As the largest actuarial recruitment firm we place more actuaries in jobs than any other company through our continued relationship with actuaries and employers we gather thousands of data points on salaries bonus packages total yearly compensation career level.

Actuary salary by exam. The top five payers in 2019 were new york 152 920 north carolina 134 280 washington 133 210 district of columbia 130 750 and. As of nov 23 2020 the average annual pay for an entry level actuary in the united states is 56 155 a year. All of our information is listed below and you may click these links to jump to the casualty health life and pension actuarial salary surveys.

That works out to about 30 per hour. This information includes all of our data broken out by us state. Health insurance actuary in the u s.

The dw simpson actuary salary survey by state is comprised of salary data we accumulate in our day to day operations. Actuaries that work in health insurance work with employee benefits plans including drug and dental plans as well as disability insurance and critical illness insurance. 10 34 27 hour 42 07.

The base salary for actuary i ranges from 63 210 to 78 932 with the average base salary of 71 489. An entry level actuary with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of c 56 427 based on 26 salaries. If we now include the 430 study hours into his salary because those are technically hours spent keeping your job then that breaks down to 24 per hour.

Just in case you need a simple salary calculator that works out to be approximately 27 00 an hour. The total cash compensation which includes base and annual incentives can vary anywhere from 65 145 to 83 080 with the average total cash compensation of 74 950. That assumes a 261 working days 7 5 hour days and no overtime.

Actuaries in p c with 2 exams can expect to make somewhere between 50k 71k per year. In year 1 the actuary makes 58k. Actuarial salary progression student actuaries in ireland can expect a starting salary in excess of 30 000 euros.

For 30 years dw simpson has gathered salary information from thousands of actuaries we have placed in actuarial jobs worldwide. For eleven convenient printable downloadable pdf salary surveys that split out consulting from insurance reinsurance all others.

Life Actuary Salary Survey Dw Simpson