FAQ about Actuarial Analyst III
1. Are actuaries in demand in USA?
Actuaries are in high demand in the USA, with employment projected to grow 22% from 2023 to 2033, significantly faster than the average for all occupations. The average salary for an Actuarial Analyst ranges from $103,800 to $127,300, with a midpoint of $115,200. Approximately 2,200 job openings for actuaries are expected annually over the next decade.
2. Can actuaries make $300 K?
Experienced actuaries can earn six figures, with salaries typically ranging from $103,800 to $127,300. While many reach over $200K in top-level positions, such as Chief Risk Officers, it's possible for some to exceed $300K. Actuaries are always in demand as companies need expertise in managing risks.
3. Is actuarial analyst hard?
Becoming an actuarial analyst can be challenging due to the rigorous exams that require extensive preparation, often taking 7-10 years to complete. Each exam lasts 3-5 hours and includes multiple-choice and written questions. However, the effort can lead to a rewarding career with salaries ranging from $103,800 to $127,300, reflecting the high demand for skilled professionals in this field.
4. How much do actuarial analysts make at AIA?
Actuarial Analysts at AIA can expect a salary range from HK$103,800 to HK$127,300 annually. This translates to a monthly pay of approximately HK$8,650 to HK$10,608. The average salary for this role is around HK$9,600 per month, reflecting the base salary and potential additional compensation.
5. Can you make 200K as an actuary?
Actuaries are well compensated, with salaries for Actuarial Analysts ranging from $103,800 to $127,300. Experienced professionals can earn significantly more, often reaching between $150,000 and $250,000 annually. Compensation varies based on experience, industry, location, and specific job responsibilities.
6. How much does an actuarial analyst make in the US?
As of January 26, 2025, the salary range for an Actuarial Analyst in the United States is between $103,800 and $127,300 annually, with a median salary of $115,200. This translates to approximately $49.90 to $61.15 per hour, or $1,990 to $2,600 per week, and $8,650 to $11,250 per month.