How much does a Chief Actuary make? The average Chief Actuary salary is $230,237 as of September 25, 2023, but the salary range typically falls between $189,266 and $304,139. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for a Chief Actuary
$189,266 to $304,139
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What does a Chief Actuary do?
Chief Actuary in Springfield, MA
Lead the Actuarial Talent Management Group, which exists to oversee actuarial bench strength to address enterprise level needs, and Actuarial Leadership Development Program by attracting, engaging, inspiring and retaining top talent.
February 21, 2023
Chief Actuary
Represents Farmers Life as Chief Actuary when communicating with rating agencies, regulators, external and internal auditors and the board of directors.
October 10, 2022
Develop, evaluate, monitor and encourage a consistent view of business metrics, parameters and data.
December 10, 2022
Support and make recommendations for a professional development strategic approach that provides broader actuarial and insurance exposure to the team.
December 18, 2022
Manage or serve as the appointed actuary for all actuarial driven financial reporting activities partnering with external resources as needed.
January 09, 2023
Build and maintain an in-depth understanding of business process and products globally across Claims and IT and establish strong working relationships with business leaders, functional counterparts and vendors.
February 21, 2023
Deliver effective communications to executive leadership, underwriting, actuarial, brokers, clients, internal and external auditors, and industry and corporate events.
March 19, 2023
Chief Actuary Salary in Major Cities
This chart shows the salary comparison for Chief Actuary between major cities. San Francisco City consistently ranks #1 as of September 25, 2023. Click on the chart to see the detail salary data for Chief Actuary in each city.
Chief Actuary Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Chief Actuary Salary by City
Click to see the salary for Chief Actuary in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $287,796 |
| Washington, DC | $256,300 |
| Miami, FL | $223,447 |
| Chicago, IL | $242,877 |
| Boston, MA | $259,408 |
| New York, NY | $270,529 |
| Dallas, TX | $228,741 |
If you'd like know Chief Actuary Salary in other cities, then please select a city in
Average Salary Range for Chief Actuary
Average Base Salary
Core compensation
189266
304139
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Chief Actuary in 2023?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuary in the United States. The base salary for Chief Actuary ranges from $189,266 to $304,139 with the average base salary of $230,237. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $194,890 to $318,965 with the average total cash compensation of $240,213.
View Average Salary for Chief Actuary as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $230,237 | $189,266 - $304,139 |
| Bonus | $9,976 | $5,623 - $14,826 |
| Total Pay | $240,213 | $194,890 - $318,965 |
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.
Estimate Salary for Chief Actuary online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Chief Actuary, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Chief Actuary
What's the difference between Chief Advising Actuary and Chief Actuary?
According to our latest salary estimation on September 25, 2023. The average salary of Chief Actuary is $230,237, and the average salary of Chief Advising Actuary is $180,700. The average salary of Chief Advising Actuary is lower than Chief Actuary. ( 2023-09-25 salary.com )
I am a Chief Actuary, which location’s salary is higher, Rio Rancho, NM or Gillette, WY?
Rio Rancho, NM typically sees higher pay than Gillette, WY for Chief Actuary. a Chief Actuary Salary in Rio Rancho, NM is $215,787 as of September 25, 2023; a Chief Actuary Salary in Gillette, WY is $205,774 as of September 25, 2023. ( 2023-09-25 salary.com )
Chief Actuary Frequently Asked Questions
Why does the salary of a Chief Actuary vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2023-09-25 salary.com )
What are the Pay Factors for Chief Actuary?
Salary ranges for a Chief Actuary can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2023-09-25 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2023-09-25 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: September 25, 2023