As of April 01, 2025, the average annual salary for an Insurance Actuary I in Iowa is $73,297. Salary.com reports that pay typically ranges from $65,484 to $82,792, with most professionals earning between $58,371 and $91,437.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $82,792 | $6,899 | $1,592 | $40 |
| Average | $73,297 | $6,108 | $1,410 | $35 |
| 25th Percentile | $65,484 | $5,457 | $1,259 | $31 |
An entry-level Insurance Actuary I with under 1 year experience makes about $72,704. With less than 2 years of experience, a mid-level Insurance Actuary I makes around $73,571. After 2-4 years, the Insurance Actuary I pay rises to about $75,696. Those senior Insurance Actuary I with 5-8 years of experience earn roughly $76,121, and those Insurance Actuary I having 8 years or more experience are expected to earn about $76,405 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary I | $72,704 |
| Intermediate Level Insurance Actuary I | $73,571 |
| Senior Level Insurance Actuary I | $75,696 |
| Specialist Level Insurance Actuary I | $76,121 |
| Expert Level Insurance Actuary I | $76,405 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 0% |
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