What are the main factors that influence an Insurance Actuary II's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Insurance Actuary 's salary?

An Insurance Actuary 's salary grows with experience: an Actuarial Analyst I (0-2 years)earns $81,809, an Insurance Actuary II (2-4 years)earns $91,244, an Actuarial Analyst III (4-7 years)earns $107,154, an Actuarial Analyst IV (7+ years)earns $142,550, an Actuarial Analyst V (7-10 years)earns $167,025,

What are the highest paying states for an Insurance Actuary II?

Insurance Actuary II salary varies significantly by state. The top 3 highest paying states for Insurance Actuary II roles are District of Columbia $99,780, California $99,380, Massachusetts $98,080. These tech hubs typically pay 10-15% above the national average.

How much do different types of Insurance Actuary roles make?

Salaries for Insurance Actuary level roles vary by specialization: Insurance Actuary Director: $238,590; Insurance Actuary Senior Manager: $226,010; Insurance Actuary Manager: $172,060; Insurance Actuary V: $164,943; Insurance Actuary IV: $140,783.

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Insurance Actuary II Salary in Delaware

How much does an Insurance Actuary II make in Delaware?

As of January 01, 2026, the average salary for an Insurance Actuary II in Delaware is $91,280 per year, which breaks down to an hourly rate of $44.

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

Top Earners (90th percentile): $101,979
Majority Range (25th-75th percentile): $80,780 to $96,880
Entry-Level (10th percentile): $71,220

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Insurance Actuary II Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$96,880	$8,073	$1,863	$47
Average	$91,280	$7,607	$1,755	$44
25th Percentile	$80,780	$6,732	$1,553	$39

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Key Factors That Influence Insurance Actuary II Salaries

An Insurance Actuary 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 and company size can directly affect your earning potential.

How Experience Level Affects Insurance Actuary Salaries?

Experience is a primary driver of an Insurance Actuary 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): $81,809
Insurance Actuary II (2-4 years): $91,244
Actuarial Analyst III (4-7 years): $107,154
Actuarial Analyst IV (7+ years): $142,550
Actuarial Analyst V (7-10 years): $167,025

Job Role	Years of Experience	Average Salary
Actuarial Analyst I	0-2 years	$81,809
Insurance Actuary II	2-4 years	$91,244
Actuarial Analyst III	4-7 years	$107,154
Actuarial Analyst IV	7+ years	$142,550
Actuarial Analyst V	7-10 years	$167,025

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How Do Insurance Actuary II Salaries Vary from State to State?

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 Insurance Actuary IIs. For example, consider the average annual salaries in these key locations:

District of Columbia: $99,780.
California: $99,380.
Massachusetts: $98,080.

District of Columbia $99,780 California $99,380 Massachusetts $98,080 Washington $97,680 New Jersey $97,680 Alaska $97,580 Connecticut $96,280 New York $95,780

Hawaii $94,180 Rhode Island $93,480 Maryland $92,980 Minnesota $92,180 Colorado $91,980 Illinois $91,880 Oregon $91,480 Delaware $91,280

New Hampshire $91,080 Virginia $90,780 Pennsylvania $89,680 Nevada $89,180 North Dakota $89,080 Michigan $88,780 Wisconsin $88,680 Vermont $88,480

Maine $87,880 Texas $87,880 Arizona $87,780 Ohio $87,780 Georgia $86,980 Indiana $86,480 Wyoming $86,480 Utah $86,280

Iowa $86,280 Kansas $85,780 Missouri $85,680 Louisiana $85,680 North Carolina $85,680 Florida $85,280 Montana $85,080 Nebraska $84,880

Kentucky $84,780 South Carolina $84,480 Tennessee $84,180 Idaho $84,180 New Mexico $83,480 Oklahoma $83,380 Alabama $82,780 South Dakota $81,880

Arkansas $81,380 West Virginia $81,180 Mississippi $80,380

Top Paying Cities for Insurance Actuary 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:

Lincoln: $94,480
Little Creek: $93,580
Magnolia: $93,980

Lincoln, DE $94,480 Little Creek, DE $93,580 Magnolia, DE $93,980 Milford, DE $94,480 Marydel, DE $93,280 Millsboro, DE $94,480 Millville, DE $95,080 Milton, DE $94,480

Nassau, DE $94,480 Ocean View, DE $95,080 Rehoboth Beach, DE $95,080 Seaford, DE $93,480 Selbyville, DE $95,080 Smyrna, DE $93,180 Viola, DE $93,980 Woodside, DE $93,680

Bear, DE $92,480 Newark, DE $92,480 Claymont, DE $92,580 Delaware City, DE $92,480 Hockessin, DE $92,580 Kirkwood, DE $92,480 Middletown, DE $92,980 Montchanin, DE $92,580

New Castle, DE $92,580 Odessa, DE $93,080 Port Penn, DE $92,180 Rockland, DE $92,580 Saint Georges, DE $92,480 Townsend, DE $92,980 Winterthur, DE $92,580 Lewes, DE $94,480

Wilmington, DE $92,580 Dover, DE $93,580 Dover Afb, DE $93,780 Bethany Beach, DE $95,080 Bethel, DE $93,480 Bridgeville, DE $94,480 Camden Wyoming, DE $93,680 Cheswold, DE $93,280

Clayton, DE $93,080 Dagsboro, DE $95,080 Delmar, DE $93,480 Ellendale, DE $94,480 Felton, DE $94,480 Fenwick Island, DE $95,080 Frankford, DE $95,080 Frederica, DE $94,480

Georgetown, DE $94,480 Greenwood, DE $94,480 Harbeson, DE $94,480 Harrington, DE $94,480 Hartly, DE $93,080 Houston, DE $94,480 Kenton, DE $93,080 Laurel, DE $93,480

Yorklyn, DE $92,580

Insurance Actuary II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Insurance Actuary 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 January 01, 2026

$80,780

Average $91,280/year

$96,880

$6,732

Average $7,607/month

$8,073

$1,553

Average $1,755/week

$1,863

$39

Average $44/hour

$47

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$96,880	$8,073	$1,863	$47
Average	$91,280	$7,607	$1,755	$44
25th Percentile	$80,780	$6,732	$1,553	$39

Insurance Actuary II Salary Growth & Career Path

Insurance Actuary II

Actuarial Analyst III

Chief Actuarial Executive

For an Insurance Actuary 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 $107,200 - a projected growth of 17% over your current level.

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