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Actuarial Fellow Salary in the United States

How much does an Actuarial Fellow make in the United States?

As of August 01, 2026, the average salary for an Actuarial Fellow in the United States is $182,435 per year, which breaks down to an hourly rate of $88.

However, an Actuarial Fellow's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $198,034
  • Majority Range (25th-75th percentile): $170,570 to $190,600
  • Entry-Level (10th percentile): $159,768
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Actuarial Fellow Salaries

An Actuarial Fellow'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, education and company size can directly affect your earning potential.

How Experience Level Affects Actuarial Fellow Salaries?

Experience is a primary driver of an Actuarial Fellow'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:

  • Actuary IV (7+ years): $140,833
  • Actuary V (7-10 years): $164,965
  • Actuarial Fellow (10-12 years): $182,435
  • Actuarial Services Manager (12+ years): $172,152
  • Actuarial Services Senior Manager (12+ years): $226,285
Job Role Years of Experience Average Salary
Actuary IV7+ years$140,833
Actuary V7-10 years$164,965
Actuarial Fellow10-12 years$182,435
Actuarial Services Manager12+ years$172,152
Actuarial Services Senior Manager12+ years$226,285
View as Graph

How Do Actuarial Fellows 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 Actuarial Fellows. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $201,992.
  • California: $201,226.
  • Massachusetts: $198,544.

Top Paying Cities for Actuarial Fellow

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:

  • San Jose: $230,105
  • San Francisco: $227,586
  • Oakland: $222,790

What Skills Can Increase an Actuarial Fellow's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 8.72% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Reporting (Mentioned in 1.41% Job Postings): Reporting all activities and transactions to track and assess the financial health of the business.
  • PowerPoint (Mentioned in 1.02% Job Postings): A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.
Skills Demand Percentage
Analysis 8.72%
Financial Reporting 1.41%
PowerPoint 1.02%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on an Actuarial Fellow's salary.

  • Industry Knowledge: Can increase your salary by up to 20%.
  • Coaching: Can increase your salary by up to 19%.
  • Action Oriented: Can increase your salary by up to 17%.
Skill Salary Salary % Increase
Industry Knowledge $218,922
20%
Coaching $217,098
19%
Action Oriented $213,449
17%
Get Latest Data

Actuarial Fellow Salary by Company Size: Startups vs. Enterprise

Actuarial Fellow salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $204,225. While startup companies pay approximate $172,770.

Actuarial Fellow Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $172,770
Growth Stage 51~500 $182,725
Established 501~5000 $197,216
Enterprise 5000+ $204,225

Actuarial Fellow Salary by Industry: Top Paying Sectors

For Actuarial Fellow roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 60% above the average. In contrast, Actuarial Fellow positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Actuarial Fellow as a support function rather than a direct revenue driver.

The top paying industries for an Actuarial Fellow

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$291,896$140.060%
Pharmaceuticals$273,652$132.050%
Financial Services$255,409$123.040%
Internet$255,409$123.040%
Energy & Utilities$237,166$114.030%

How Education impacts an Actuarial Fellow's Salary?

Your level of education can impact your salary potential. While many Actuarial Fellow enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Actuarial Fellow with a Bachelor's Degree is between $175,629 and $184,865.

Actuarial Fellow Salaries by Degree Level

Typical Education for Actuarial Fellow
Degree Level % of user with this level of education
No Diploma 19.6%
High School 19.6%
Associates 8.7%
Bachelors 41.3%
Masters 26.1%
Doctorate 4.3%
View as Graph

Actuarial Fellow Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Fellow'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 August 01, 2026
$170,570
Average $182,435/year
$190,600
$14,214
Average $15,203/month
$15,883
$3,280
Average $3,508/week
$3,665
$82
Average $88/hour
$92
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $190,600 $15,883 $3,665 $92
Average $182,435 $15,203 $3,508 $88
25th Percentile $170,570 $14,214 $3,280 $82

Actuarial Fellow Salary Growth & Career Path

Actuarial Fellow

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Advancement

For an Actuarial Fellow, the most direct path to higher earnings is advancing to the Actuarial Services Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $161,999 - a projected growth of -11% over your current level.

Most common benefits for Actuarial Fellow

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Actuarial Fellow

Here are companies hiring for Actuarial Fellow and their salaries, click below for more details.

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FAQ about Actuarial Fellow

1. Where can an Actuarial Fellow earn the most?

An Actuarial Fellow's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, an Actuarial Fellow earns the most in San Jose, CA, where the annual salary of an Actuarial Fellow is $230,105.

2. What is the highest pay for Actuarial Fellow?

The highest pay for Actuarial Fellow is $198,034.

3. What is the lowest pay for Actuarial Fellow?

The lowest pay for Actuarial Fellow is $159,768.

4. What are the responsibilities of Actuarial Fellow?

Analyzes statistical data and applies mathematical models to assess risk, price insurance products, and support the financial soundness of the organization. Develops and maintains actuarial models to estimate reserves, premiums, and liabilities across lines of business. Evaluates the probability and financial impact of future events such as claims, mortality, morbidity, and policyholder behavior. Prepares actuarial reports, rate filings, and reserve analyses to support pricing, regulatory, and financial reporting requirements. Collaborates with underwriting, finance, and product teams to inform strategy and ensure adequate risk management. Monitors emerging trends, legislation, and industry developments that affect actuarial assumptions and outcomes. Requires a bachelor's degree. Requires Associate of Society of Actuaries (ASA). Requires Fellow of the Society of Actuaries (FSA). Typically reports to a manager. Typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization.

5. What industry pays the highest salary for Actuarial Fellow?

The Software & Networking industry offers the highest average compensation for Actuarial Fellow roles, with salaries approximately 60% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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