The salaries and benefits of actuaries make the job well worth all of the hard work and education. Experienced actuaries can earn between $150,000 and $250,000 per year. Many experienced actuaries earn salaries that are even higher. Salaries vary greatly depending on the experience of the professional, their place of employment, the extent of their responsibilities, and which insurance industry they work for. For example, financial actuaries are likely to make more annually than an actuary studying the statistics that price automobile or life insurance premiums.
The average annual salaries for actuaries are approximately $124,000 annually, with actuaries in the 90th percentile pay rate bringing home $145,000 per year. Actuaries receiving 10th percentile salaries receive $99,000 per year for their work.