Chief Actuary Salary in Sioux Falls, South Dakota

How much does a Chief Actuary make in Sioux Falls, SD?

As of April 01, 2025, the average annual salary for a Chief Actuary in Sioux Falls, SD is $318,349. Salary.com reports that pay typically ranges from $274,949 to $369,746, with most professionals earning between $235,434 and $416,540.

Search Chief Actuary Jobs in Sioux Falls, SD

Develop a Job description

Pay Equity

2024 Compensation Trend

Benefits Consulting

Salary range for a Chief Actuary

$274,949 to $369,746

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Chief Actuary Salary:
Select State
Select City in SD
Choose Similar Job
Pick Related Category
View Cost of Living in Sioux Falls, South Dakota

Facing Salary Structure Challenges? Let Our Expert Guide You

The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.

We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Chief Actuary

Review the job openings and experience requirements for the Chief Actuary job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Chief Actuary.

Search Chief Actuary Job Openings

Job Openings for Chief Actuary in Sioux Falls, SD

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

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Chief Actuary Salary By Experience Levels in Sioux Falls, SD

How much should you be earning in Chief Actuary in Sioux Falls, SD based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Chief Actuary in Sioux Falls, SD

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 Sioux Falls, SD

Do you know how much should you be paid for a Chief Actuary position in Sioux Falls, SD based on your education level?

Tell us about your education and see an estimate of earnings for Chief Actuary in Sioux Falls, SD and well to know the impact of education on future careers.

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 Sioux Falls, SD

Average Base Salary

Core compensation

274949

369746

318349

Average Total Cash Compensation

Includes base and annual incentives

339162

538863

424527

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 Sioux Falls, SD. The base salary for Chief Actuary ranges from $274,949 to $369,746 with the average base salary of $318,349. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $339,162 to $538,863 with the average total cash compensation of $424,527.

View Average Salary for Chief Actuary as table

	Average Salary	Average Salary Range
Base Salary	$318,349	$274,949 - $369,746
Bonus	$106,178	$64,213 - $169,117
Total Pay	$424,527	$339,162 - $538,863

* 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 Sioux Falls, SD

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Sioux Falls, SD
CITY, STATE Brookings, SD	AVERAGE SALARY RANGE $270,405 - $363,636	COMPARE TO Sioux Falls, SD
CITY, STATE Sioux City, IA	AVERAGE SALARY RANGE $272,253 - $366,121	COMPARE TO Sioux Falls, SD
CITY, STATE Watertown, SD	AVERAGE SALARY RANGE $270,405 - $363,636	COMPARE TO Sioux Falls, SD
CITY, STATE Norfolk, NE	AVERAGE SALARY RANGE $269,527 - $362,455	COMPARE TO Sioux Falls, SD
CITY, STATE Fremont, NE	AVERAGE SALARY RANGE $282,037 - $379,278	COMPARE TO Sioux Falls, SD
CITY, STATE Aberdeen, SD	AVERAGE SALARY RANGE $250,655 - $337,077	COMPARE TO Sioux Falls, SD

See salaries for Chief Actuary in locations close to Sioux Falls, SD. 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 Sioux Falls, South Dakota

Sioux Falls (/ˌsuː ˈfɔːlz/) (Lakota: Íŋyaŋ Okábleča Otȟúŋwahe; "Stone Shatter City") is the most populous city in the U.S. state of South Dakota and the 143rd-most populous city in the United States. It is the county seat of Minnehaha County and also extends into Lincoln County to the south, proximate with the Minnesota state line. It is the 47th-fastest-growing city in the United States and the fastest-growing metro area in South Dakota, with a population increase of 22% between 2000 and 2010. As of 2019, Sioux Falls had an estimated population of 187,200. The metropolitan population of 259,0...

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

View Salary for Similar Jobs to Chief Actuary in Sioux Falls, SD

See Additional Similar Jobs

Loading results...

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.