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Actuaries&

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Total Workforce
28,482
Average Age
37.2
Estimated Job Growth
22.5%
10-Year Projection
Average Salary
$150,189
Average Male Salary
$172,345
Average Female Salary
$98,711

Employment

Information on the businesses and industries that employ Actuaries and on wages and locations for those in the field. Insurance carriers & related activities is the industry that employs the most Actuaries, both by share and by number, though the highest paid industry for Actuaries, by average wage, is Management, scientific & technical consulting services. Actuaries are paid most in Fulton County (North)--Sandy Springs City PUMA, GA but are relatively concentrated in Near North Side, Loop & Near South Side PUMA, IL.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

Dataset: Source:

Highest Paying

Dataset: Source:

Industries by Share

Diversity

Demographic information on Actuaries in the US. The average age of male Actuaries in the workforce is 38.5 and of female Actuaries is 34.3, and the most common race/ethnicity for Actuaries is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

Data on higher education choices for Actuaries from The Department of Education and Census Bureau. The most common major for Actuaries is Math & Statistics but a relatively high number of Actuaries hold a major in Computer and Information Sciences and Support Services.

Majors

Skills

Data on the critical and distinctive skills necessary for Actuaries from the Bureau of Labor Statistics. Actuaries need many skills, but most especially Mathematics, Judgment and Decision Making, and Critical Thinking. The revealed comparative advantage (RCA) shows that Actuaries need more than the average amount of Programming, Management of Financial Resources, and Mathematics.

Radar Distribution

Dataset: Source:

Bar Chart

Dataset: Source:

Growth Projections

Projections on wages and job growth for Actuaries from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Actuaries are expected to see a growth of 22.5% over the same period. This occupation is expected to grow faster than the national average.

Job Growth

Keep Exploring

Management, business, science, & arts occupations
Major Occupation Group
Computer, engineering, & science occupations
Minor Occupation Group
Computer & mathematical occupations
Broad Occupation
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