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Actuary II Salaries in Canada

• What is the average Actuary II salary in Canada?
  How much does an Actuary II in Canada make? The median annual Actuary II salary in Canada is C$96,734, as of August 26, 2026, with a range usually between C$86,777-C$105,956 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Actuary II may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Actuary II in Canada.

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• About this chart
  This chart describes the expected percentage of people who perform the job of Actuary II in , that make less than that salary. For example 50% of the people who perform the job of Actuary II in are expected to make less than the median.
  Source: HR Reported data as of August 26, 2026

• Job Description for Actuary II
  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). Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience. View full job description

• Similar Job titles to Actuary II
  • Actuary I
  • Actuary III
  • Actuary IV
  • Actuary V

• Level of Education
  • Actuary II Salaries with an Associate's Degree
  • Actuary II Salaries with a Bachelor's Degree
  • Actuary II Salaries with a Master's Degree or MBA
  • Actuary II Salaries with a JD, MD, PhD or Equivalent

• Industries that include Actuary II
  • Aerospace & Defense ,
  • Biotechnology ,
  • Business Services ,
  • Chemicals ,
  • Construction ,
  • Edu., Gov't. & Nonprofit ,
  • Energy & Utilities ,
  • Financial Services ,
  • Healthcare ,
  • Hospitality & Leisure ,
  • Insurance ,
  • Internet ,
  • Media ,
  • MFG Durable ,
  • MFG Nondurable ,
  • Pharmaceuticals ,
  • Retail & Wholesale ,
  • Software & Networking ,
  • Telecom ,
  • Transportation

• Categories that include Actuary II
  • Accounting
  • Insurance

• Actuary II Salaries by Province in Canada
  • Alberta
  • British Columbia
  • Manitoba
  • New Brunswick
  • Newfoundland and Labrador
  • Nova Scotia
  • Northwest Territories
  • Nunavut
  • Ontario
  • Prince Edward Island
  • Quebec
  • Saskatchewan
  • Yukon

• Accounting Jobs by Salary Range
  • <$30K
  • $30K–$50K
  • $50K–$80K
  • $80K–$100K
  • >$100K