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How Much Do Actuarial Consultants Make?

Sophia Al-Mansoor • • 5 min read
How Much Do Actuarial Consultants Make?
The national average Actuarial Consultant salary is $97,776. Filter by location to see Actuarial Consultant salaries in your area.

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Also know, how much does a consulting actuary make?

The national average salary for a Actuarial Consultant is $97,776 in United States.

Subsequently, question is, how much does an actuary make starting out? 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 $60,412 based on 210 salaries. An early career Actuary with 1-4 years of experience earns an average total compensation of $76,216 based on 442 salaries.

People also ask, do consulting actuaries make more?

On average, consulting actuaries will earn more than their peers at insurance companies.

What does actuarial consultant do?

An actuarial consultant combines the skills of a statistician, economist, and probabilities forecaster into one process dedicated to dispensing the proper financial advice. They advise insurance companies on setting adequate healthcare premiums.

Related Question Answers

Is actuary a stressful job?

Typically, no. If you google the actuarial profession, you will notice that many rankings praise the actuarial profession for its less stressful environment. Actuaries typically work rather normal hours. It is extremely rare an actuary will work more than fifty hours consistently.

Who is the highest paid actuary?

Best-Paying States for Actuaries
The states and districts that pay Actuaries the highest mean salary are New York ($150,950), Connecticut ($132,910), Washington ($131,330), District of Columbia ($129,540), and New Hampshire ($129,110).
Sophia Al-Mansoor
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Sophia Al-Mansoor

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.