Consulting Actuary Salary in the United States

How much does a Consulting Actuary make in the United States?

As of September 01, 2026, the average salary for a Consulting Actuary in the United States is $182,555 per year, which breaks down to an hourly rate of $88.

However, a Consulting Actuary's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $199,264
  • Majority Range (25th-75th percentile): $169,556 to $191,301
  • Entry-Level (10th percentile): $157,721

Key Factors That Influence Consulting Actuary Salaries

A Consulting Actuary'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, education and company size can directly affect your earning potential.

How Experience Level Affects Consulting Actuary Salaries?

Experience is a primary driver of a Consulting Actuary'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:

  • Entry-Level (less than 1 year): $143,027
  • Early Career (1-2 years): $167,527
  • Mid-Level (2-4 years): $185,263
  • Senior-Level (5-8 years): $174,835
  • Expert (over 8 years): $229,834
Levels Salary
Actuary I... Level Consulting Actuary$143,027
Actuary V... Level Consulting Actuary$167,527
Consultin... Level Consulting Actuary$185,263
Actuarial... Level Consulting Actuary$174,835
Actuarial... Level Consulting Actuary$229,834

Top Paying Cities for Consulting Actuaries

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:

  • San Jose: $230,257
  • San Francisco: $227,736
  • Oakland: $222,936

What Skills Can Increase a Consulting Actuary's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 8.72% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Reporting (Mentioned in 1.41% Job Postings): Reporting all activities and transactions to track and assess the financial health of the business.
  • PowerPoint (Mentioned in 1.02% Job Postings): A computer software created by Microsoft which allows the user to create slides with recordings, narrations, transitions and other features in order to present information.
Skills Demand Percentage
Analysis 8.72%
Financial Reporting 1.41%
PowerPoint 1.02%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Consulting Actuary's salary.

  • Industry Knowledge: Can increase your salary by up to 20%.
  • Coaching: Can increase your salary by up to 19%.
  • Action Oriented: Can increase your salary by up to 17%.
Skill Salary Salary % Increase
Industry Knowledge $219,066
20%
Coaching $217,240
19%
Action Oriented $213,589
17%

Consulting Actuary Salary by Industry: Top Paying Sectors

For Consulting Actuary roles, the industry you choose can affect earning potential by as much as 110% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Pharmaceuticals sectors offer the strongest compensation, at 60% above the average. In contrast, Consulting Actuary positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Consulting Actuary as a support function rather than a direct revenue driver.

The top paying industries for a Consulting Actuary

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Software & Networking$292,088$140.060%
Pharmaceuticals$273,832$132.050%
Financial Services$255,577$123.040%
Internet$255,577$123.040%
Energy & Utilities$237,322$114.030%

How Education impacts a Consulting Actuary's Salary?

Your level of education can impact your salary potential. While many Consulting Actuaries enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Consulting Actuary with a Bachelor's Degree is between $175,629 and $184,865).

Consulting Actuary Salaries by Degree Level

Typical Education for Consulting Actuary
Degree Level % of user with this level of education
No Diploma 19.6%
High School 19.6%
Associates 8.7%
Bachelors 41.3%
Masters 26.1%
Doctorate 4.3%

Consulting Actuary Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Consulting Actuary'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.

Last Updated on September 01, 2026
$169,556
Average $182,555/year
$191,301
$14,130
Average $15,213/month
$15,942
$3,261
Average $3,511/week
$3,679
$82
Average $88/hour
$92
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $191,301 $15,942 $3,679 $92
Average $182,555 $15,213 $3,511 $88
25th Percentile $169,556 $14,130 $3,261 $82

Most common benefits for Consulting Actuary

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Consulting Actuary

Here are companies hiring for Consulting Actuary and their salaries, click below for more details.

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FAQ about Consulting Actuary

1. What industry pays the highest salary for Consulting Actuary?

The Software & Networking industry offers the highest average compensation for Consulting Actuary roles, with salaries approximately 60% above the market median.

Where Does Our Salary Data Come From?

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.

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