As of April 01, 2025, the average annual salary for an Insurance Actuary V in Massachusetts is $151,153. Salary.com reports that pay typically ranges from $142,123 to $168,263, with most professionals earning between $133,902 and $183,841.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $168,263 | $14,022 | $3,236 | $81 |
| Average | $151,153 | $12,596 | $2,907 | $73 |
| 25th Percentile | $142,123 | $11,844 | $2,733 | $68 |
An entry-level Insurance Actuary V with under 1 year experience makes about $147,539. With less than 2 years of experience, a mid-level Insurance Actuary V makes around $148,213. After 2-4 years, the Insurance Actuary V pay rises to about $148,483. Those senior Insurance Actuary V with 5-8 years of experience earn roughly $149,831, and those Insurance Actuary V having 8 years or more experience are expected to earn about $156,797 on average.
| Levels | Salary |
|---|---|
| Entry Level Insurance Actuary V | $147,539 |
| Intermediate Level Insurance Actuary V | $148,213 |
| Senior Level Insurance Actuary V | $148,483 |
| Specialist Level Insurance Actuary V | $149,831 |
| Expert Level Insurance Actuary V | $156,797 |
| Entry Level | 6% |
| Mid Level | 7% |
| Senior Level | 7% |
| Top Level | 8% |
| Experienced | 13% |
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Insurance Actuary V salary varies from city to city. Compared with national average salary of Insurance Actuary V, the highest Insurance Actuary V salary is in San Francisco, CA, where the Insurance Actuary V salary is 24.9% above. The lowest Insurance Actuary V salary is in Miami, FL, where the Insurance Actuary V salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $173,453 |
24.9%
|
| Washington, DC | $153,773 |
10.7%
|
| Miami, FL | $133,443 |
|
| Chicago, IL | $143,523 |
3.3%
|
| Boston, MA | $154,903 |
11.5%
|
| New York, NY | $160,953 |
15.9%
|
