15-2011

Actuaries

Role Overview

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Recommended Majors

Applied Mathematics, General. Computational and Applied Mathematics. Statistics, General. Mathematical Statistics and Probability. Mathematics and Statistics. Statistics, Other. Applied Statistics, General. Risk Management. Actuarial Science.

Related Careers

Actuaries Computer and Information Analysts Computer and Information Research Scientists Computer and Information Research Scientists Computer and Mathematical Occupations Computer Network Architects

Salary by State (top paying)

State	Median salary
District of Columbia	$153,340
Washington	$153,260
Connecticut	$148,220
Alabama	$143,230
New Jersey	$137,330
Virginia	$135,880
New York	$133,730
Maine	$132,970
Maryland	$132,740
Nevada	$132,470
Colorado	$131,940
Iowa	$129,870
North Carolina	$129,850
Oregon	$129,340
Utah	$128,860

Frequently Asked Questions

What is the job outlook for this career?

Projected growth and annual openings are from BLS Employment Projections. Use the sidebar for median salary and growth rate.

How does salary vary by state?

See the Salary by State table above for state-level median wages from OEWS data.

BLS Occupational Employment and Wage Statistics (OEWS), BLS Employment Projections.

Median Annual Salary

$125,770

Projected Growth (10yr)

+21.8%

Avg. annual openings

2.4k

Market Insight

Explore salary and growth data to understand demand and earning potential for this role.