Chief Actuary Salary in Raleigh, North Carolina

How much does a Chief Actuary make in Raleigh, NC?

As of April 01, 2025, the average annual salary for a Chief Actuary in Raleigh, NC is $344,303. Salary.com reports that pay typically ranges from $297,364 to $399,890, with most professionals earning between $254,628 and $450,498.

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Salary range for a Chief Actuary

$297,364 to $399,890

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Chief Actuary

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Job Openings for Chief Actuary in Raleigh, NC

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 Raleigh, NC

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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 Raleigh, NC

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Chief Actuary in Raleigh, NC

Average Base Salary

Core compensation

297364

399890

344303

Average Total Cash Compensation

Includes base and annual incentives

366812

582794

459137

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 Raleigh, NC. The base salary for Chief Actuary ranges from $297,364 to $399,890 with the average base salary of $344,303. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $366,812 to $582,794 with the average total cash compensation of $459,137.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$344,303	$297,364 - $399,890
Bonus	$114,834	$69,448 - $182,904
Total Pay	$459,137	$366,812 - $582,794

* 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 Raleigh, NC

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Raleigh, NC
CITY, STATE Cary, NC	AVERAGE SALARY RANGE $297,364 - $399,890	COMPARE TO Raleigh, NC 0%
CITY, STATE Durham, NC	AVERAGE SALARY RANGE $295,274 - $397,079	COMPARE TO Raleigh, NC
CITY, STATE Chapel Hill, NC	AVERAGE SALARY RANGE $291,518 - $392,028	COMPARE TO Raleigh, NC
CITY, STATE Wilson, NC	AVERAGE SALARY RANGE $295,243 - $397,038	COMPARE TO Raleigh, NC
CITY, STATE Rocky Mount, NC	AVERAGE SALARY RANGE $295,243 - $397,038	COMPARE TO Raleigh, NC
CITY, STATE Burlington, NC	AVERAGE SALARY RANGE $280,674 - $377,445	COMPARE TO Raleigh, NC

See salaries for Chief Actuary in locations close to Raleigh, NC. 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 Raleigh, North Carolina

According to the United States Census Bureau, Raleigh occupies a total area of 144.0 square miles (373.0 km2), of which 142 square miles (369 km2) is land and 0.97 square miles (2.5 km2), or 0.76%, is covered by water. The Neuse River flows through the northeast end of the city. Raleigh is located in the northeast central region of North Carolina, where the Piedmont and Atlantic Coastal Plain regions meet. This area is known as the "fall line" because it marks the elevation inland at which waterfalls begin to appear in creeks and rivers. As a result, most of Raleigh features gently rolling hil...

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

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