$97k $97k
24k 24k
18.1% 18.1%
2.6/5 2.6/5
Bachelors Bachelors

How much does an Actuary make in Ohio?

Average Actuary Hourly Wage in Ohio

Actuaries earn a median hourly wage of $43.00. Hourly wages typically start from $25.47 and go up to $71.92.

Source: U.S. Department of Labor Bureau of Labor Statistics

Average Actuary Yearly Salary in Ohio

Actuaries earn a median salary of $89,430 per year. Salaries typically start from $52,970 and go up to $149,590.

Source: U.S. Department of Labor Bureau of Labor Statistics

Learn more about the Actuary job market for salaries of real jobs in your area. Alternatively, see what Actuaries earn in other states.

The actuarial profession is perfect for individuals who enjoy challenges and problems solving. Those who develop a track-record of success will have many opportunities for growth and advancement. Experienced actuaries have the potential to earn from $150,000 to $250,000 annually, and many actuaries earn more than that.

Most employers of actuaries award merit increases as you gain experience and pass the actuarial examinations. Most companies also offer cash bonuses, salary increases, and promotions for each professional designation achieved.

Base salaries vary by industry. The following is the Compensation by Specialization and Years of Experience (according to the Annual Actuarial Salary Survey done by ActuarialCareers.com):

Life & Annuities
1-2 years - $60k - 86k
3-5 years - $66k - 135k
6-10 years - $75k - 230k
11-15 years - $90k - 475k
16-20 years - $84k - 360k
21+ years - $90k - 700k

Health
1-2 years - $60k - 86k
3-5 years - $64k - 140k
6-10 years - $75k - 230k
11-15 years - $89k - 258k
16-20 years - $84k - 360k
21+ years - $110k - 400k

Investment/Risk
1-2 years - $57k - 90k
3-5 years - $66k - 150k
6-10 years - $87k - 230k
11-15 years - $111k - 275k
16-20 years - $110k - 280k
21+ years - $90k - 450k

Pension
1-2 years - $65k - 86k
3-5 years - $66k - 134k
6-10 years - $68k - 157k
11-15 years - $85k - 275k
16-20 years - $84k - 269k
21+ years - $90k - 377k

Property & Casualty
1-2 years - $55k - 84k
3-5 years - $60k - 150k
6-10 years - $78k - 230k
11-15 years - $90k - 300k
16-20 years - $111k - 385k
21+ years - $113k - 500k

Salary Satisfaction

3.8
SCORE
88
RATINGS
Actuaries average a score of 3.8 out of 5 on our salary satisfaction scale. This places Actuaries in the 98th percentile of salary satisfaction.

Source: Sokanu user data. View more Actuary satisfaction

How to Become an Actuary

Think you might be interested in becoming an Actuary? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good actuary? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • George Washington University | Washington, DC
      Offers: Bachelors
    • Georgetown University | Washington, DC
      Offers: Bachelors
    • Johns Hopkins University | Baltimore, MD
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • American University | Washington, DC
      Offers: Bachelors
  3. Get Hired
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Actuary Earnings by Seniority

Top End Actuary Earnings

The highest earning Actuaries in Ohio earn:

$71.92
an hour
$149,590
per year
Senior Actuary Earnings

Senior Actuaries in Ohio earn:

$57.96
an hour
$120,550
per year
Experienced Actuary Earnings

Experienced Actuaries in Ohio earn:

$43.00
an hour
$89,430
per year
Junior Actuary Earnings

Junior Actuaries in Ohio earn:

$32.34
an hour
$67,280
per year
Starting Actuary Earnings

Starting Actuaries in Ohio earn:

$25.47
an hour
$52,970
per year

Approximate values based on highest and lowest earning segments.

Find your perfect career

Would you make a good actuary? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

80% Match?
Take the free career test

Actuary salary comparison

Actuaries earn more than 80% percent of Business careers in Ohio. Actuary salaries are in the top 90% of all careers in Ohio.

Sales Manager Salary in Ohio $111k
Actuary Salary $89k
IT Manager Salary in Ohio $79k
Credit Analyst Salary in Ohio $65k
Cost Estimator Salary in Ohio $56k
Insurance Sales Agent Salary in Ohio $48k
Spa Manager Salary in Ohio $33k
Source:

Historical salary for Actuaries in Ohio

Source: U.S. Department of Labor Bureau of Labor Statistics

Should I be an Actuary?

Think you might be interested in becoming an Actuary? Here are your next steps.

  1. Take the Sokanu Career Test

    Would you make a good actuary? Sokanu's free assessment reveals how compatible you are with a career across 5 dimensions!

    Take the free career test
  2. Get the Education

    • George Washington University | Washington, DC
      Offers: Bachelors
    • Georgetown University | Washington, DC
      Offers: Bachelors
    • Johns Hopkins University | Baltimore, MD
      Offers: Bachelors
    • University of Delaware | Newark, DE
      Offers: Bachelors
    • American University | Washington, DC
      Offers: Bachelors
  3. Get Hired
    • Loading jobs...
    View all jobs →