As of July 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:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
AI Onboarding
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.
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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Actuarial Analyst I | 0-2 years | $80,822 |
| Actuarial Analyst II | 2-4 years | $90,099 |
| Actuarial Analyst III | 4-7 years | $105,812 |
| Actuarial Analyst IV | 7+ years | $140,823 |
| Actuarial Analyst V | 7-10 years | $164,960 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Analyst IIs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 9.58% |
| Economics | 2.26% |
| Collective Bargaining | 1.45% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Coaching
|
$94,605 |
5%
|
|
Data Science
|
$94,605 |
5%
|
|
Consulting
|
$92,803 |
3%
|
|
Collaboration
|
$91,902 |
2%
|
|
Project Management
|
$91,902 |
2%
|
|
Reinsurance
|
$91,902 |
2%
|
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 $100,776. While startup companies pay approximate $85,227.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $85,227 |
| Growth Stage | 51~500 | $90,140 |
| Established | 501~5000 | $97,319 |
| Enterprise | 5000+ | $100,776 |
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $108,120 | $52.0 | 20% |
| Internet | $103,615 | $50.0 | 15% |
| Energy & Utilities | $99,110 | $48.0 | 10% |
| Insurance | $97,308 | $47.0 | 8% |
| Aerospace & Defense | $96,407 | $46.0 | 7% |
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
| 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% |
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 July 01, 2026For an Actuarial Analyst II, the most direct path to higher earnings is advancing to the Actuarial Analyst III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $105,900 - a projected growth of 18% over your current level.
Salaries for an Actuarial Analyst II can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $88,286 in 2023 to around $88,772 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Actuarial Analyst II salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $88,286 |
| 2024 | $89,264 |
| 2025 | $88,772 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Actuarial Analyst II and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Actuarial Analyst II job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
The Financial Services industry offers the highest average compensation for Actuarial Analyst II roles, with salaries approximately 20% above the market median.
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.
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.
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.
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.
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.
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.
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.
Salary.com's CompAnalyst platform offers:
