As of January 01, 2025, the average annual salary for an Actuarial Fellow in the United States is $183,540. According to Salary.com, salaries can range from a low of $152,229 to a high of $218,098, with most professionals earning between $167,151 and $201,629.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $201,629 | $16,802 | $3,877 | $97 |
| Average | $183,540 | $15,295 | $3,530 | $88 |
| 25th Percentile | $167,151 | $13,929 | $3,214 | $80 |
An entry-level Actuarial Fellow with less than 1 year of experience earns about $175,629. With 1-2 years of experience, the average salary increases to $176,843. For 2-4 years of experience, the pay typically rises to $177,329. Senior-level professionals with 5-8 years of experience earn around $178,543, and those with over 8 years of experience can expect an average of $181,699.
| Levels | Salary |
|---|---|
| Entry Level Actuarial Fellow | $175,629 |
| Intermediate Level Actuarial Fellow | $176,843 |
| Senior Level Actuarial Fellow | $177,329 |
| Specialist Level Actuarial Fellow | $178,543 |
| Expert Level Actuarial Fellow | $181,699 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 3% |
| Top Level | 3% |
| Experienced | 1% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Actuarial Fellow compensation over the past six years. For example, the median salary increased from $128,747 in 2023 to approximately $131,242 in 2024. (For a detailed analysis of Actuarial Fellow salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Actuarial Fellow information for you to search for. Click on search button below to see Actuarial Fellow job openings or enter a new job title here.
Here are companies hiring for Actuarial Fellow and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $183,540 | 64.6% | ||
| Bonus | $28,194 | 9.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $13,523 | 4.8% | ||
| 401K/403B | $8,893 | 3.1% | ||
| Disability | $4,235 | 1.5% | ||
| Healthcare | $8,352 | 2.9% | ||
| Pension | $11,434 | 4.0% | ||
| Time Off | $26,060 | 9.2% | ||
| Total Compensation | $284,230 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 19.6% |
| Associates | 8.7% |
| Bachelors | 41.3% |
| Masters | 26.1% |
| Doctorate | 4.3% |
What Am I Worth?
The average annual salary of Actuarial Fellow is $183,540. In case you are finding an easy salary calculator, the average hourly pay of Actuarial Fellow is $88; the average weekly pay of Actuarial Fellow is $3,530; the average monthly pay of Actuarial Fellow is $15,295.
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 $230,343.
The highest pay for Actuarial Fellow is $218,098.
The lowest pay for Actuarial Fellow is $152,229.
Actuarial Fellow utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuarial Fellow assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuarial Fellow applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow 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.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).
Change Management: Change management (sometimes abbreviated as CM) is a collective term for all approaches to prepare , support and help individuals, teams, and organizations in making organizational change. The most common change drivers include: technological evolution, process reviews, crisis, and consumer habit changes; pressure from new business entrants, acquisitions, mergers, and organizational restructuring. It includes methods that redirect or redefine the use of resources, business process, budget allocations, or other modes of operation that significantly change a company or organization. Organizational change management (OCM) considers the full organization and what needs to change, while change management may be used solely to refer to how people and teams are affected by such organizational transition. It deals with many different disciplines, from behavioral and social sciences to information technology and business solutions.
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