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Actuarial Analyst II Salary in the United States

How much does an Actuarial Analyst II make in the United States?

As of September 01, 2026, the average salary for an Actuarial Analyst II in the United States is $90,100 per year, which breaks down to an hourly rate of $43.

However, an Actuarial Analyst II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $100,607
  • Majority Range (25th-75th percentile): $79,600 to $95,600
  • Entry-Level (10th percentile): $70,040

Key Factors That Influence Actuarial Analyst II Salaries

An Actuarial Analyst II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Analyst Salaries?

Experience is a primary driver of an Actuarial Analyst II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Actuarial Analyst I (0-2 years): $80,835
  • Actuarial Analyst II (2-4 years): $90,099
  • Actuarial Analyst III (4-7 years): $105,812
  • Actuarial Analyst IV (7+ years): $140,844
  • Actuarial Analyst V (7-10 years): $164,970
Job Role Years of Experience Average Salary
Actuarial Analyst I0-2 years$80,835
Actuarial Analyst II2-4 years$90,099
Actuarial Analyst III4-7 years$105,812
Actuarial Analyst IV7+ years$140,844
Actuarial Analyst V7-10 years$164,970

Top Paying Cities for Actuarial Analyst IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $113,700
  • San Francisco: $112,400
  • Oakland: $110,100

What Skills Can Increase an Actuarial Analyst II's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 9.58% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Economics (Mentioned in 2.26% Job Postings): 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.
  • Collective Bargaining (Mentioned in 1.45% Job Postings): 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).
Skills Demand Percentage
Analysis 9.58%
Economics 2.26%
Collective Bargaining 1.45%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Actuarial Analyst II's salary.

  • Coaching: Can increase your salary by up to 5%.
  • Data Science: Can increase your salary by up to 5%.
  • Consulting: Can increase your salary by up to 3%.
Skill Salary Salary % Increase
Coaching $94,605
5%
Data Science $94,605
5%
Consulting $92,803
3%

Actuarial Analyst II Salary by Company Size: Startups vs. Enterprise

Actuarial Analyst II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $100,691. While startup companies pay approximate $85,174.

Actuarial Analyst II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $85,174
Growth Stage 51~500 $90,080
Established 501~5000 $97,230
Enterprise 5000+ $100,691

Actuarial Analyst II Salary by Industry: Top Paying Sectors

For Actuarial Analyst II roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Internet sectors offer the strongest compensation, at 20% above the average. In contrast, Actuarial Analyst positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Actuarial Analyst II as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Analyst II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$108,120$52.020%
Internet$103,615$50.015%
Energy & Utilities$99,110$48.010%
Insurance$97,308$47.08%
Aerospace & Defense$96,407$46.07%

How Education impacts an Actuarial Analyst II's Salary?

Your level of education can impact your salary potential. While many Actuarial Analyst IIs enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Actuarial Analyst II with a Associate's Degree is between $87,039 and $91,772).

Actuarial Analyst II Salaries by Degree Level

Typical Education for Actuarial Analyst II
Degree Level % of user with this level of education
No Diploma 9.0%
High School 9.0%
Associates 2.6%
Bachelors 47.4%
Masters 37.2%
Doctorate 3.8%

Actuarial Analyst II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Analyst II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$79,600
Average $90,100/year
$95,600
$6,633
Average $7,508/month
$7,967
$1,531
Average $1,733/week
$1,838
$38
Average $43/hour
$46
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $95,600 $7,967 $1,838 $46
Average $90,100 $7,508 $1,733 $43
25th Percentile $79,600 $6,633 $1,531 $38

Actuarial Analyst II Salary Growth & Career Path

Promotions are the fastest way to increase your earnings. As an Actuarial Analyst II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Actuarial Analyst II Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Actuarial Analyst III $105,900 18%
Actuarial Operations Assistant III $98,000 9%

Most common benefits for Actuarial Analyst II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Actuarial Analyst II

Here are companies hiring for Actuarial Analyst II and their salaries, click below for more details.

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FAQ about Actuarial Analyst II

1. What industry pays the highest salary for Actuarial Analyst II?

The Financial Services industry offers the highest average compensation for Actuarial Analyst II roles, with salaries approximately 20% above the market median.

2. Which country pays actuaries the most?

According to recent data, actuaries in Switzerland earn significantly more than in other countries. While entry-level positions start around 83,500 USD, mid-career salaries average 91,900 USD, and experienced professionals can earn up to 101,400 USD. This highlights the lucrative nature of the actuarial profession in Switzerland compared to global standards.

3. What is the highest paid actuary?

The highest paid actuary roles include Actuarial Director with salaries ranging from $142,500 to $211,500, and Pricing Actuary earning between $120,000 and $188,000. For an Actuarial Analyst, the salary ranges from $83,500 to $101,400, with a mid-salary of $91,900. Other roles like Actuarial Manager and Senior Actuarial Analyst also offer competitive salaries.

4. How much does a fully qualified actuary earn in USA?

A fully qualified actuary in the USA typically earns between $83,500 and $101,400 annually, with a median salary of around $91,900. Entry-level positions may start at approximately $83,500, while experienced professionals can earn up to $101,400 per year.

5. Can actuaries make $300 K?

Experienced actuaries can earn competitive salaries, with entry-level positions starting around $83,500, mid-level roles averaging $91,900, and senior positions reaching up to $101,400. While most actuaries earn six figures, top-level roles can exceed $200K, and some may even approach $300K, reflecting the high demand for their expertise in risk management.

6. Can you make 200k as an actuary?

While the typical salary range for an Actuarial Analyst is between $83,500 and $101,400, experienced actuaries, especially those in consulting or executive roles, can indeed earn over $200,000. This higher compensation often reflects their expertise and the value they bring to organizations.

7. How much do IRS actuaries make?

As of now, the salary for an Actuarial Analyst ranges from $83,500 to $101,400 annually, with a mid-point salary of $91,900. This translates to approximately $40.15 to $48.77 per hour, or about $1,604 to $1,962 per week. The monthly earnings range from $7,083 to $8,450.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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