How much does an Insurance Actuary I make in MA?
As of April 01, 2025, the average annual salary for an Insurance Actuary I in Massachusetts is $83,354. Salary.com reports that pay typically ranges from $74,469 to $94,152, with most professionals earning between $66,380 and $103,983.
How much does an Insurance Actuary I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Insurance Actuary I salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Insurance Actuary I hourly pay, weekly pay, monthly pay and so on.
Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$94,152 |
$7,846 |
$1,811 |
$45 |
Average |
$83,354 |
$6,946 |
$1,603 |
$40 |
25th Percentile |
$74,469 |
$6,206 |
$1,432 |
$36 |
How Does Experience Level Affect an Insurance Actuary I's Salary?
An entry-level Insurance Actuary I with under 1 year experience makes about $82,679.
With less than 2 years of experience, a mid-level Insurance Actuary I makes around $83,664.
After 2-4 years, the Insurance Actuary I pay rises to about $86,082.
Those senior Insurance Actuary I with 5-8 years of experience earn roughly $86,565, and those Insurance Actuary I having 8 years or more experience are expected to earn about $86,888 on average.
Levels |
Salary |
Entry Level Insurance Actuary I
|
$82,679
|
Intermediate Level Insurance Actuary I
|
$83,664
|
Senior Level Insurance Actuary I
|
$86,082
|
Specialist Level Insurance Actuary I
|
$86,565
|
Expert Level Insurance Actuary I
|
$86,888
|
$82,679
0 yr
$83,664
< 2 yrs
$86,082
2-4 yrs
$86,565
5-8 yrs
$86,888
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
8%
|
Mid Level
|
9%
|
Senior Level
|
12%
|
Top Level
|
13%
|
Experienced
|
13%
|
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Last Updated on April 01, 2025