Key Factors That Influence Actuarial Intern Salaries
An Actuarial Intern'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
and company size
can directly affect your earning potential.
How Experience Level Affects Actuarial Intern Salaries?
Experience is a primary driver of an Actuarial Intern'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:
How Do Actuarial Intern 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 Interns. For example, consider the average annual salaries in these key locations:
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:
Actuarial Intern Salary by Industry: Top Paying Sectors
For Actuarial Intern roles, the industry you choose can affect earning potential
by as much as 40% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Internet
sectors offer the strongest compensation, at 20% above the average.
In contrast, Actuarial Intern positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay,
as these industries often view Actuarial Intern as a support function rather than a direct revenue driver.
The top paying industries for an Actuarial Intern
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$98,698
$47.0
20%
Internet
$94,585
$45.0
15%
Energy & Utilities
$90,473
$43.0
10%
Insurance
$88,828
$43.0
8%
Aerospace & Defense
$88,006
$42.0
7%
Actuarial Intern Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how an Actuarial Intern'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.
Ready to take the next step in your career? Browse thousands of current Actuarial Intern job openings on our job board. Use the search bar below to find your perfect match.
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Where Does Our Salary Data Come From?
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources.
We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right.
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