General Insurance Actuary Salary in Michigan Comparison by Location
Nationwide
United States
$119,287
Michigan
United States
$117,736
How much does a General Insurance Actuary earn in Michigan
As of March 01, 2025, a General Insurance Actuary in Michigan earns
an average salary of $117,736 per year.
A General Insurance Actuary's salary in Michigan can be paid hourly,
weekly or monthly depending on the company and job type.
Most part-time jobs will be paid hourly or weekly.
Using the salary calculator,
the average pay comes out to be about $57 an hour
or $2,264/week
or $9,811/month.
The average salary of a General Insurance Actuary ranges
from $105,638 to $141,478.
The average salary range for a General Insurance Actuary varies widely,
which indicates that there are many opportunities for advancement, promotions, and salary increases.
These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Michigan is ranked 23th out of 51 states nationwide for General Insurance Actuary salaries.
Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for General Insurance Actuary jobs,
with more online, real-time compensation data than any other website.
What is the Average General Insurance Actuary Salary by City in Michigan?
Below is a list of the average salaries for a General Insurance Actuary in 10 cities in Michigan.
We've identified 167 cities where the typical salary for
a General Insurance Actuary job is above the average in Michigan.
The top-paid city for General Insurance Actuary is Saline
and the average salary for a General Insurance Actuary job is earned $122,388
which is higher than the average in Michigan.
This is followed by Ypsilanti and Ann Arbor in second and third places,
which beat the average in Michigan
by $4,652(3.95%)
and $4,652(3.95%) respectively. In fourth place is Dexter with a salary of $122,388,
which is higher than the Michigan average salary. Salem and Whitmore Lake continue the rankings.
Based on the summary of average salaries paid by cities in Michigan,
the General Insurance Actuary job market in Saline is relatively active
with a higher salary paid to compare to other cities in Michigan.
Finally, General Insurance Actuary jobs pay differently by city, even if they are in Michigan.
The cost of living might be a key factor when considering the location and salary of a General Insurance Actuary position.
CITY
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
Saline
$122,388
$10,199
$2,354
$59
Ypsilanti
$122,388
$10,199
$2,354
$59
Ann Arbor
$122,388
$10,199
$2,354
$59
Dexter
$122,388
$10,199
$2,354
$59
Salem
$122,269
$10,189
$2,351
$59
Whitmore Lake
$122,269
$10,189
$2,351
$59
Whittaker
$122,269
$10,189
$2,351
$59
Willis
$122,269
$10,189
$2,351
$59
Bridgewater
$122,269
$10,189
$2,351
$59
Milan
$122,150
$10,179
$2,349
$59
What Similar Jobs are Paid to General Insurance Actuary in Michigan?
There are 10 jobs that we find are related to the General Insurance Actuary job category,these similar jobs include Insurance Actuary I,Insurance Actuary II,Insurance Actuary III,Insurance Actuary IV,Insurance Actuary V,Insurance Actuary Manager,Insurance Actuary Director,Insurance Actuary Senior Manager,General Insurance,and Actuary II.
All of these 10 jobs are paid
between $52,598 to $283,490,
and the Insurance Actuary Director gets the highest paid with $283,490 from them.
Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others.
If you're qualified to be hired for one of these similar jobs to the General Insurance Actuary,
you could refer to the below list of job salaries based on market prices in Michigan.