As of March 01, 2025, the average annual salary for an Actuary III in Michigan is $114,190. According to Salary.com, salaries can range from a low of $92,727 to a high of $137,102, with most professionals earning between $102,955 and $126,183.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $127,845 | $10,654 | $2,459 | $61 |
| Average | $115,694 | $9,641 | $2,225 | $56 |
| 25th Percentile | $104,311 | $8,693 | $2,006 | $50 |
An entry-level Actuary III with under 1 year experience makes about $107,804. With less than 2 years of experience, a mid-level Actuary III makes around $108,633. After 2-4 years, the Actuary III pay rises to about $110,289. Those senior Actuary III with 5-8 years of experience earn roughly $116,309, and those Actuary III having 8 years or more experience are expected to earn about $119,490 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary III | $107,804 |
| Intermediate Level Actuary III | $108,633 |
| Senior Level Actuary III | $110,289 |
| Specialist Level Actuary III | $116,309 |
| Expert Level Actuary III | $119,490 |
| Entry Level | 7% |
| Mid Level | 6% |
| Senior Level | 5% |
| Top Level | 1% |
| Experienced | 3% |
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Actuary III salary varies from city to city. Compared with national average salary of Actuary III, the highest Actuary III salary is in San Francisco, CA, where the Actuary III salary is 25.0% above. The lowest Actuary III salary is in Miami, FL, where the Actuary III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $144,617 |
25.0%
|
| Washington, DC | $128,767 |
11.3%
|
| Miami, FL | $111,644 |
|
| Chicago, IL | $121,363 |
4.9%
|
| Boston, MA | $129,693 |
12.1%
|
| New York, NY | $135,130 |
16.8%
|
