As of July 01, 2026, the average salary for a Chief Actuary in the United States is $400,489 per year, which breaks down to an hourly rate of $193.
However, a Chief Actuary's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
Recruit with AI
A Chief 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 Chief 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 |
|---|---|
| Actuarial... Level Chief Actuary | $181,013 |
| Actuarial... Level Chief Actuary | $170,795 |
| Actuarial... Level Chief Actuary | $224,479 |
| Actuarial... Level Chief Actuary | $236,859 |
| Chief Act... Level Chief Actuary | $395,893 |
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 Chief Actuaries. For example, consider the average annual salaries in these key locations:
For Chief Actuary roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Internet sectors offer the strongest compensation, at 45% above the average. In contrast, Chief Actuary positions in Edu., Gov't. & Nonprofit or Retail & Wholesale typically offer lower base pay, as these industries often view Chief Actuary as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $580,709 | $279.0 | 45% |
| Internet | $560,685 | $270.0 | 40% |
| Biotechnology | $520,636 | $250.0 | 30% |
| Financial Services | $520,636 | $250.0 | 30% |
| Pharmaceuticals | $520,636 | $250.0 | 30% |
Your level of education can impact your salary potential. While many Chief 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 Chief Actuary with a Bachelor's Degree is between $336,226 and $365,778).
Chief Actuary Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 61.5% |
| High School | 26.9% |
| Associates | 11.5% |
| Bachelors | 61.5% |
| Masters | 26.9% |
| Doctorate | 11.5% |
Understanding how a Chief 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 Chief Actuary can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $228,191 in 2023 to around $224,533 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Chief Actuary salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $228,191 |
| 2024 | $227,954 |
| 2025 | $224,533 |
| 2026 |
View More
|
| 2027 |
View More
|
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation PlanningHere are companies hiring for Chief Actuary and their salaries, click below for more details.
Ready to take the next step in your career? Browse thousands of current Chief Actuary job openings on our job board. Use the search bar below to find your perfect match.
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
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.
Salary.com's CompAnalyst platform offers:
