Chief Actuary Salary in Albuquerque, New Mexico

How much does a Chief Actuary make in Albuquerque, NM?

As of April 01, 2025, the average annual salary for a Chief Actuary in Albuquerque, NM is $329,748. Salary.com reports that pay typically ranges from $284,793 to $382,985, with most professionals earning between $243,864 and $431,454.

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Salary range for a Chief Actuary

$284,793 to $382,985

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Chief Actuary

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Job Openings for Chief Actuary in Albuquerque, NM

What does a Chief Actuary do?

Common responsibilities of a Chief Actuary

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

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

Drive a culture that promotes collaboration, diversity and inclusion.

April 18, 2023

Provide recommendations to rating methodologies, parameters and tools to improve accuracy of technical pricing reflecting latest market and economic conditions and product offerings.

May 07, 2023

Evaluate measures and analytics to continuously improve the analysis of claims trends, inventory management, litigation management, claim outcome, efficiency, reserving practices and customer service.

May 19, 2023

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Chief Actuary Salary By Experience Levels in Albuquerque, NM

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Chief Actuary Salary By Level of Education in Albuquerque, NM

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LEVEL OF EDUCATION

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Average Salary Range for Chief Actuary in Albuquerque, NM

Average Base Salary

Core compensation

284793

382985

329748

Average Total Cash Compensation

Includes base and annual incentives

351306

558157

439728

What is the average salary for Chief Actuary in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Actuary in Albuquerque, NM. The base salary for Chief Actuary ranges from $284,793 to $382,985 with the average base salary of $329,748. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $351,306 to $558,157 with the average total cash compensation of $439,728.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$329,748	$284,793 - $382,985
Bonus	$109,980	$66,512 - $175,172
Total Pay	$439,728	$351,306 - $558,157

* 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.

Chief Actuary Salary Near Albuquerque, NM

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Albuquerque, NM
CITY, STATE Rio Rancho, NM	AVERAGE SALARY RANGE $283,884 - $381,763	COMPARE TO Albuquerque, NM
CITY, STATE Santa Fe, NM	AVERAGE SALARY RANGE $286,247 - $384,940	COMPARE TO Albuquerque, NM
CITY, STATE Farmington, NM	AVERAGE SALARY RANGE $280,976 - $377,852	COMPARE TO Albuquerque, NM
CITY, STATE Alamogordo, NM	AVERAGE SALARY RANGE $270,193 - $363,351	COMPARE TO Albuquerque, NM
CITY, STATE Roswell, NM	AVERAGE SALARY RANGE $265,649 - $357,241	COMPARE TO Albuquerque, NM
CITY, STATE Las Cruces, NM	AVERAGE SALARY RANGE $262,408 - $352,882	COMPARE TO Albuquerque, NM

See salaries for Chief Actuary in locations close to Albuquerque, NM. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Albuquerque, New Mexico

According to the United States Census Bureau, Albuquerque has a total area of 189.5 square miles (490.9 km2), of which 187.7 square miles (486.2 km2) is land and 1.8 square miles (4.7 km2), or 0.96%, is water. Albuquerque lies within the northern, upper edges of the Chihuahuan Desert ecoregion, based on long-term patterns of climate, associations of plants and wildlife, and landforms, including drainage patterns. Located in central New Mexico, the city also has noticeable influences from the adjacent Colorado Plateau semi-desert, Arizona-New Mexico Mountains, and Southwest plateaus and plains ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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