As of April 01, 2025, the average annual salary for an Insurance Actuary IV in Massachusetts is $148,743. According to Salary.com, salaries can range from a low of $126,066 to a high of $177,877, with most professionals earning between $136,873 and $163,993.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $163,993 | $13,666 | $3,154 | $79 |
| Average | $148,743 | $12,395 | $2,860 | $72 |
| 25th Percentile | $136,873 | $11,406 | $2,632 | $66 |
An entry-level Insurance Actuary IV with under 1 year experience makes about $142,566. With less than 2 years of experience, a mid-level Insurance Actuary IV makes around $143,451. After 2-4 years, the Insurance Actuary IV pay rises to about $144,337. Those senior Insurance Actuary IV with 5-8 years of experience earn roughly $147,524, and those Insurance Actuary IV having 8 years or more experience are expected to earn about $154,907 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary IV | $142,566 |
| Intermediate Level Insurance Actuary IV | $143,451 |
| Senior Level Insurance Actuary IV | $144,337 |
| Specialist Level Insurance Actuary IV | $147,524 |
| Expert Level Insurance Actuary IV | $154,907 |
| Entry Level | 4% |
| Mid Level | 5% |
| Senior Level | 6% |
| Top Level | 8% |
| Experienced | 13% |
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Insurance Actuary IV salary varies from city to city. Compared with national average salary of Insurance Actuary IV, the highest Insurance Actuary IV salary is in San Francisco, CA, where the Insurance Actuary IV salary is 24.9% above. The lowest Insurance Actuary IV salary is in Miami, FL, where the Insurance Actuary IV salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $170,683 |
24.9%
|
| Washington, DC | $151,323 |
10.7%
|
| Miami, FL | $131,313 |
|
| Chicago, IL | $141,233 |
3.3%
|
| Boston, MA | $152,433 |
11.5%
|
| New York, NY | $158,383 |
15.9%
|
