2012 Salary Survey Results

We are excited to present the results of our first Annual Actuarial Salary Survey. The information presented below represents responses to our confidential Salary Survey Questionnaire, which we emailed to 35,000 actuaries. We added to the survey responses information we gather on a regular basis from the actuaries we interview and place, as well as salary information from the companies we recruit for.
The survey results reflect 2012 salaries. Of the four types of charts, two are highly interactive and allow you to explore actuarial salary ranges against their relationship to: industry/specialization, geographic location, professional designation, number of exams completed and years of experience.

On our 2013 survey, scheduled for later this year, we will be expanding the amount and type of information we will be collecting from you. We urge you to participate, and will again be offering the opportunity to be eligible to win prizes just for contributing. The more actuaries that respond to the survey the more useful this tool will be in helping you in your career planning. It also is of great help to the companies we serve, by helping attract talent and remain competitive in the marketplace. Survey responses are always 100% confidential.

We especially welcome your feedback on these results, and your suggestions for adding to our survey later this year. For your convenience, we have added a comment box at the bottom of this page so you can quickly and easily share your thoughts. Your input is appreciated.

IMPORTANT DISCLAIMER: Respondents for this survey were selected from among those who have volunteered to participate in an online survey or in recruiting databases. The data have not been weighted to reflect the demographic composition of the actuarial community. Because the sample is based on those who initially self-selected for participation rather than a probability sample, no estimates of sampling error can be calculated. The results should be interpreted as directional in nature, and may not be generalizable to an individual’s employment/compensation situation.

Chart 1: Compensation by Selected Influential Factors

You must select one option in each category for every query you submit. Press Go to see results.

Show Me:

Salary Range:

	Insufficient Data
	< $50,000
	$50,000 – $74,999
	$75,000 – $99,999
	$100,000 – $124,999

	$125,000 – $149,999
	$150,000 – $174,999
	$175,000 – $199,999
	$200,000 – $224,999
	$225,000 – $249,999

	$250,000 – $274,999
	$275,000 – $299,999
	$300,000+

Chart 2: Base Salary by Location, Specialization and Years of Experience

You must select one option in each category for every query you submit. Press Go to see results.

Click on map location to compare selected criteria.

Chart 3: Compensation by Specialization and Years of Experience

Base Salary + Bonus
Upper end of range reflects individual(s) with substantial annual bonus.

	Life & Annuities	Health	Investment/Risk	Pension	Property & Casualty
1-2 years	$60k - 101k	$60k - 90k	$61k - 95k	$65k - 90k	$55k - 109k
3-5 years	$66k - 227k	$66k - 177k	$67k - 166k	$66k - 156k	$60k - 212k
6-10 years	$82k - 335k	$76k - 405k	$96k - 770k	$68k - 168k	$78k - 282k
11-15 years	$96k - 475k	$95k - 985k	$127k - 1,308k	$88k - 327k	$102k - 435k
16-20 years	$88k - 613k	$87k - 720k	$122k - 409k	$84k - 360k	$111k - 1,235k
21+ years	$90k - 2,120k	$110k - 850k	$90k - 1,050k	$90k - 508k	$113k - 2,177k

Base Salary

	Life & Annuities	Health	Investment/Risk	Pension	Property & Casualty
1-2 years	$60k - 86k	$60k - 86k	$57k - 90k	$65k - 86k	$55k - 84k
3-5 years	$66k - 135k	$64k - 140k	$66k - 150k	$66k - 134k	$60k - 150k
6-10 years	$75k - 230k	$71k - 180k	$87k - 230k	$68k - 157k	$78k - 230k
11-15 years	$90k - 475k	$89k - 258k	$111k - 275k	$85k - 275k	$90k - 300k
16-20 years	$84k - 360k	$84k - 360k	$110k - 280k	$84k - 269k	$111k - 385k
21+ years	$90k - 700k	$110k - 400k	$90k - 450k	$90k - 377k	$113k - 500k

Select specialization to see the results.

Chart 4A: Median Base Salaries for Selected Specialization by Years of Experience

1-2 Years	50 – 74.9
3-5 Years	75 – 99.9
6-10 Years	100 – 124.9
11-15 Years	125 – 149.9
16-20 Years	150 – 174.9
21+ Years	175 – 199.9
	0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000+

Chart 4B: Median Base Salaries for Selected Specialization by Professional Credentials

1-2 Exams	50 – 74.9
3-4 Exams	75 – 99.9
ASA	100 – 124.9
FSA	150 – 174.9
ACAS	100 – 124.9
FCAS	150 – 174.9
	0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 200,000+

Be Counted – Be Informed
Beginning November 1st of 2016 and ending January 31st 2017 and every year thereafter, we will again be offering the opportunity to be eligible to win prizes just for contributing to the Salary Survey. We urge you to participate. If you contribute every year, you earn more chances to win! For each year you participate, you will accumulate additional chances to win (i.e. contribute three years, earn three entries in the drawing). The more actuaries that respond to the survey the more useful this tool will be in helping you in your career planning. It also is of great help to the companies we serve, by helping attract talent and remain competitive in the marketplace. Survey responses are always 100% confidential.

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Our most recent actuary Salary Survey results are here.