Actuaries

Detailed Occupation

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N/A Workforce

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Average Age

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Average Salary

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Average Male Salary

$187,555

Average Female Salary

$159,250

About

Actuaries are most often employed by the Insurance carriers industry. The average yearly wage for Actuaries was N/A in N/A.

The locations that employ the most Actuaries are Capitol West PUMA, CT, Dallas, Madison Counties PUMA, IA, and Chicago City (Central)--Near North Side, Loop & Near South Side PUMA, IL. The locations with a relatively high concentration of Actuaries are Dallas, Madison Counties PUMA, IA, Glastonbury, Wethersfield, Rocky Hill & Newington Towns PUMA, CT, and Capitol West PUMA, CT.

Photo by Ken Teegardin

Management, business, science, & arts occupations Computer & mathematical occupations Computer, engineering, & science occupations

Employment

Employment and salary information for the Actuaries workforce. Actuaries workforce in N/A was N/A people, of which N/A% were women and N/A% were men.

Actuaries are paid most in Norwalk & Westport Towns PUMA, CT but are relatively concentrated in Dallas, Madison Counties PUMA, IA.

Employment Over Time

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Male Workforce

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Female Workforce

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The Actuaries workforce in N/A was N/A people (N/A% women and N/A% men). This implies an average annual growth of N/A% between N/A (N/A) and N/A (N/A).

Employment by Location

Level

Metric

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average wage for Actuaries.

During 2024, the Public Use Microdata Areas (PUMAs) that concentrated the best average annual wage were Norwalk & Westport Towns PUMA, CT ($399,534), Palm Beach County (Southeast)--Greater Delray Beach City PUMA, FL ($379,063), and Fairfax County (Northeast)--McLean & Idylwood PUMA, VA ($359,658).

Yearly Wage Ranking

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AVERAGE WAGE

#N/A in the ranking (N/A)

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NATIONAL AVERAGE WAGE

For all occupations across the US

In N/A, Actuaries earned an average of N/A, $NaNM less than the average national salary of N/A

In N/A, Actuaries had a wage GINI coefficient of N/A, which is lower than the national average of N/A. In other words, wages are distributed more evenly for Actuaries (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Actuaries compared to the entire workforce in the country.

Industry

Information on the industries that employ Actuaries and on wages for those in the field. Insurance carriers 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 N/A (N/A).

Occupations by Industries

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Value

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N/A Workforce

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1 YEAR GROWTH

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This graphic shows the share of Actuaries employed by various industries. N/A

Diversity

Demographic information on Actuaries in the US. The workforce of Actuaries in N/A was N/A people, with N/A% woman, and N/A% men. The average age of male Actuaries in the workforce is 39 and of female Actuaries is 38.6, and the most common race/ethnicity for Actuaries is N/A.

Gender and Age

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The workforce of Actuaries in N/A was N/A people, with N/A% woman, and N/A% men.

The age ranges that concentrated the largest workforce were N/A years (N/A people), N/A years (N/A people), and N/A years (N/A people). Among them they concentrated N/A% of the total workforce.

Ethnicity

Gender

In N/A, N/A% of Actuaries workers were Hispanic and N/A% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting N/A

You can review this information by gender using the selectors above.

Races

In N/A, N/A% of the Actuaries workforce were N/A, of which N/A% were women and N/A% men. Other races that concentrated a significant number of workers were N/A (N/A%) and N/A (N/A%).

Education & Skills

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 the most specialized major according to RCA in N/A were N/A.

Among the necessary skills for Actuaries, Mathematics stands, but the revealed comparative advantage (RCA) shows that Actuaries need more than the average amount of Programming.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

Type of Majors

Degree

The most common majors achieved by Actuaries in 2024 (counting all academic degrees) were Math & Statistics (16,332 people), Business (13,967 people), and Social Sciences (2,143 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Actuaries workers were N/A (N/A people), N/A (N/A people), and N/A (N/A people).

The graphic shows the Actuaries workforce by gender and educational level.

Skills

Chart

Value

Data on the critical and distinctive skills necessary for Actuaries from the Bureau of Labor Statistics. Actuaries need many skills, but most especially Mathematics, Reading Comprehension, Critical Thinking.