Actuary II Salary in the United States

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Actuary II Salary

How much does an Actuary II make in the United States? The average Actuary II salary in the United States is $90,211 as of July 25, 2023, but the range typically falls between $81,922 and $101,493. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Actuary II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Actuary II Salary $74,375 US July 25, 2023
25th Percentile Actuary II Salary $81,922 US July 25, 2023
50th Percentile Actuary II Salary $90,211 US July 25, 2023
75th Percentile Actuary II Salary $101,493 US July 25, 2023
90th Percentile Actuary II Salary $111,764 US July 25, 2023
25% $81,922 10% $74,375 90% $111,764 75% $101,493 $90,211 50%(Median) Didn’t find job title? Click
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Job Description for Actuary II

Actuary II conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary II develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Incumbents typically pursuing an Associate, Society of Actuaries (ASA) designation. Additionally, Actuary II requires a bachelor's degree of accounting or finance. Typically reports to a supervisor or a manager. The Actuary II gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be an Actuary II typically requires 2 to 4 years of related experience. (Copyright 2023 Salary.com)... View full job description

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Career Path for Actuary II

Actuary II
Actuary III
Top Actuarial Executive
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Actuary II Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
81922
101493
90211

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
85294
106957
95799
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Actuary II in the United States. The base salary for Actuary II ranges from $81,922 to $101,493 with the average base salary of $90,211. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $85,294 to $106,957 with the average total cash compensation of $95,799.
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81922
101493

 

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Skills associated with Actuary II: Risk Analysis, Insurance Plan Design, Rate Setting, Statistics and Actuarial Modeling ...More

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