Actuaries need a bachelor's degree and long-term on-the-job training.

Percent | |
---|---|

Less than High School | 0.0 |

High School | 0.0 |

Some College | 1.2 |

Associates Degree | 0.7 |

Bachelors Degree | 63.5 |

Masters Degree | 23.6 |

Doctorate or Professional Degree | 11.0 |

This represents about 24,000 people in the United States.

Over the next 10 years there will be aproximately 4,000 more actuaries but, because of expected growth and replacement needs in the United States, we will need 11,000 more.

On average,actuaries make $54.87 per hour.

Bottom 10% | Bottom 25% | Median | Top 75% | Top 90% | |
---|---|---|---|---|---|

Actuaries | $28.32 | $35.81 | $48.37 | $67.40 | $89.54 |

Computer and mathematical occupations | $20.51 | $28.42 | $39.82 | $53.70 | $67.91 |

Mathematical science occupations | $21.54 | $28.66 | $39.30 | $52.78 | $67.74 |

National Average | $9.27 | $11.60 | $17.81 | $28.92 | $45.45 |

On average, actuaries make $114,120 per year.

Bottom 10% | Bottom 25% | Median | Top 75% | Top 90% | |
---|---|---|---|---|---|

Actuaries | $58,910 | $74,480 | $100,610 | $140,190 | $186,250 |

Computer and mathematical occupations | $42,650 | $59,120 | $82,830 | $111,690 | $141,250 |

Mathematical science occupations | $44,810 | $59,620 | $81,750 | $109,780 | $140,900 |

National Average | $19,290 | $24,140 | $37,040 | $60,150 | $94,540 |

*This data is from the U.S. Bureau of Labor Statistics, Occupational Employment Statistics*

Can we ask you a couple questions about actuaries?