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Actuarial Analyst I Salary in Raleigh, NC

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What is the salary range of an Actuarial Analyst I?

As of August 01, 2025, the average annual salary for an Actuarial Analyst I in Raleigh, NC ranges from $72,200 (25th percentile) to $87,000 (75th percentile), with a median annual salary of $79,300 and an hourly rate of $38. An Actuarial Analyst I's salary is shaped by several key factors, including experience level, specific skills, industry differences, company size, and more. Below, we'll explore how each of these influences compensation.

View as table View as graph 25% $72,200 10% $65,736 90% $94,010 75% $87,000 $79,300 50%(Median) Didn’t find job title? Click

Actuarial Analyst I Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $87,000 $7,250 $1,673 $42
Average $79,300 $6,608 $1,525 $38
25th Percentile $72,200 $6,017 $1,388 $35
500+ Actuarial Analyst I job openings Go >
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How much does an Actuarial Analyst I make by hour, week, month, and year?

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Last Updated on August 01, 2025

How does experience level affect an Actuarial Analyst I's Salary?

An entry-level Actuarial Analyst I with under 1 year experience makes about $78,787. With less than 2 years of experience, a mid-level Actuarial Analyst I makes around $79,550. After 2-4 years, the Actuarial Analyst I pay rises to about $81,264. Those senior Actuarial Analyst I with 5-8 years of experience earn roughly $81,607, and those Actuarial Analyst I having 8 years or more experience are expected to earn about $81,836 on average.

Levels Salary
Entry Level Actuarial Analyst I $78,787
Intermediate Level Actuarial Analyst I $79,550
Senior Level Actuarial Analyst I $81,264
Specialist Level Actuarial Analyst I $81,607
Expert Level Actuarial Analyst I $81,836
$78,787 0 yr
$79,550 < 2 yrs
$81,264 2-4 yrs
$81,607 5-8 yrs
$81,836 > 8 yrs
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What Am I Worth?

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Best-Paid Skills and Qualifications for Actuarial Analyst I

What skills does an Actuarial Analyst I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  2. Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  3. Collective Bargaining: Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs. The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement. A collective agreement functions as a labour contract between an employer and one or more unions. Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of work, working conditions, grievance procedures, and about the rights and responsibilities of trade unions. The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).
See More Skills
Skills Demand Percentage
Analysis 9.91%
Economics 2.2%
Collective Bargaining 1.06%
What skills can make your compensation higher?
Mastering certain skills can make the compensation of an Actuarial Analyst I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master SAS/SQL, you can get a 7% salary raise. If you are good at Time Management, your salary will increase by 6%. If you are expert in Coaching, your salary will rise by 6%.
Skill Salary Salary % Increase
SAS/SQL
$84,851
7%
Time Management
$84,058
6%
Coaching
$84,058
6%
Communication Skills
$81,679
3%
Reinsurance
$81,679
3%
Products and Services
$81,679
3%

Job openings of Actuarial Analyst I

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Cost of Living In Raleigh, NC

Cost of Living in Raleigh, NC is
8.9% Higher
than the National Average

Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

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