As of July 01, 2026, the average salary for a Consulting Actuary in the United States is $182,567 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:
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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.
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:
| Levels | Salary |
|---|---|
| Actuary I... Level Consulting Actuary | $143,006 |
| Actuary V... Level Consulting Actuary | $167,517 |
| Consultin... Level Consulting Actuary | $185,264 |
| Actuarial... Level Consulting Actuary | $174,806 |
| Actuarial... Level Consulting Actuary | $229,751 |
What Am I Worth?
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 Consulting Actuaries. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.72% |
| Financial Reporting | 1.41% |
| PowerPoint | 1.02% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Industry Knowledge
|
$219,080 |
20%
|
|
Coaching
|
$217,255 |
19%
|
|
Action Oriented
|
$213,603 |
17%
|
|
Use Cases
|
$211,778 |
16%
|
|
SQL
|
$208,126 |
14%
|
|
Consulting Management
|
$206,301 |
13%
|
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $292,107 | $140.0 | 60% |
| Pharmaceuticals | $273,850 | $132.0 | 50% |
| Financial Services | $255,594 | $123.0 | 40% |
| Internet | $255,594 | $123.0 | 40% |
| Energy & Utilities | $237,337 | $114.0 | 30% |
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
| 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% |
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 July 01, 2026Salaries for a Consulting Actuary can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $130,743 in 2023 to around $131,428 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Consulting Actuary salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $130,743 |
| 2024 | $133,276 |
| 2025 | $131,428 |
| 2026 |
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|
| 2027 |
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|
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