As of March 01, 2025, the average annual salary for an Actuarial Services Director in the United States is $287,200. Salary.com reports that pay typically ranges from $251,000 to $323,116, with most professionals earning between $218,041 and $355,816.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $323,116 | $26,926 | $6,214 | $155 |
| Average | $287,200 | $23,933 | $5,523 | $138 |
| 25th Percentile | $251,000 | $20,917 | $4,827 | $121 |
An entry-level Actuarial Services Director with less than 1 year of experience earns about $261,640. With 1-2 years of experience, the average salary increases to $264,840. For 2-4 years of experience, the pay typically rises to $269,107. Senior-level professionals with 5-8 years of experience earn around $274,440, and those with over 8 years of experience can expect an average of $279,773.
| Levels | Salary |
|---|---|
| Entry Level Actuarial Services Director | $261,640 |
| Intermediate Level Actuarial Services Director | $264,840 |
| Senior Level Actuarial Services Director | $269,107 |
| Specialist Level Actuarial Services Director | $274,440 |
| Expert Level Actuarial Services Director | $279,773 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 3% |
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 March 01, 2025, our research reveals a significant shift in Actuarial Services Director compensation over the past six years. For example, the median salary increased from $197,004 in 2023 to approximately $199,128 in 2024. (For a detailed analysis of Actuarial Services Director 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 Services Director information for you to search for. Click on search button below to see Actuarial Services Director job openings or enter a new job title here.
Here are companies hiring for Actuarial Services Director and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $287,200 | 62.4% | ||
| Bonus | $73,214 | 15.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $15,679 | 3.4% | ||
| 401K/403B | $10,500 | 2.3% | ||
| Disability | $7,208 | 1.6% | ||
| Healthcare | $8,352 | 1.8% | ||
| Pension | $13,500 | 2.9% | ||
| Time Off | $44,359 | 9.6% | ||
| Total Compensation | $460,012 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Bachelors | 100.0% |
What Am I Worth?
The average annual salary of Actuarial Services Director is $287,200. In case you are finding an easy salary calculator, the average hourly pay of Actuarial Services Director is $138; the average weekly pay of Actuarial Services Director is $5,523; the average monthly pay of Actuarial Services Director is $23,933.
An Actuarial Services Director'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 Services Director earns the most in San Jose, CA, where the annual salary of an Actuarial Services Director is $360,436.
The highest pay for Actuarial Services Director is $355,816.
The lowest pay for Actuarial Services Director is $218,041.
Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. 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. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
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.
Consulting: Providing technical or business expertise and advice to internal or external clients.
Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Client Relationship: Client relationship managemen is focused on building relationships with clients to ensure that their needs are met, they are satisfied with the services and/or products provided by the company.
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.
