Actuarial Salary Survey

Actuarial Salary Survey

2015 Actuarial Salary Survey


group2014smThe DW Simpson Actuary Salary Survey is comprised of salary data we accumulate in our day-to-day operations.   Over the past 25 years, DW Simpson has gathered salary information from thousands of actuaries we have placed in actuarial jobs worldwide.

As the largest actuarial recruitment firm, we place more actuaries in jobs than any other company.   Through our continued relationship with actuaries and employers, we gather thousands of data points on salaries, bonus packages, total yearly compensation, career level, discipline, location, country and many other factors.

Please contact us if you have any questions about your actuarial career, salary or market.  Our experienced actuarial recruiters can provide you with the best information so you can make the right decisions about your career.

About Our Survey


  • UPDATED ACTUARY SALARY SURVEYS (U.S. dollars, in thousands)
  • Each Salary Matrix includes BASE SALARY + ACTUAL PAID ANNUAL BONUS
  • RANGES REPRESENT THE 10TH AND 90TH PERCENTILE

COPYRIGHT 2014 – This survey may NOT be systematically duplicated on any website or other media.

This is not a full range of compensation packages. We find that the salaries + bonuses of 80% of the actuaries that we speak with fall within these ranges (the top and bottom 10% are excluded). These ranges are for students and designated actuaries who are serving in more or less traditional actuarial roles.  Compensation packages for this purpose include salary plus bonus.  Years of experience begins with first full-time actuarial experience. All types of actuarial employment – insurance, consulting and other employers – are combined.

Note: If you would like to be notified when the 2016 Actuarial Salary Survey is released, and/or simply want to be kept informed of open actuarial positions as they come available, please fill in our Quick Contact Form below.

Click HERE for our Online Registration Form, or email us at actuaries@dwsimpson.com.

Click here to download the 2015 Actuarial Salary Survey.

2015 Salary Survey (PDF)

Show me the surveys!

Jump to the Casualty, Health, Life, Pension, Entry Level or International actuarial salary surveys.

Do you want to see our data? 

Click on any of our salary graphs to see the individual data points, and see where you line up with your peers.  Our linear trend lines give you a simple snapshot of what the average actuary makes at various levels of experience.

If you have any questions, or would like more detailed information about compensation packages for actuaries, please contact us.

Looking for an actuarial job? 

Talk with our experienced actuarial recruiters about your career goals.

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Questions? Contact us.

What about my niche market?  Does location & cost of living affect actuarial salaries?  What makes an outlier an outlier?

Our recruiters have the answers you’re looking for, and we’re happy to help.

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Casualty Actuary Salary Survey

Visualize our data.


Our Property & Casualty Actuarial Salary Survey accounts for 50% of our salary data.  The P&C market consistently has the highest senior level salaries, and the demand for casualty actuaries remains consistent throughout various outside market conditions.  The wide range in salaries at senior levels is due to a variety of factors (ie: management experience, communication skills, diverse background, software, etc).

Visit our P&C page for information about current jobs & industry news.

Browse Casualty Jobs & News
Casualty < 1 yr 1-3 yrs 3-5 yrs 5-7 yrs 7-10 yrs 10-15 yrs* 15-20 yrs* 20+ yrs*
1 Exam 46-69 54-68 55-72
2 Exams 54-71 56-77 59-81 62-85 70-100
3 Exams 56-76 61-80 66-89 68-91 73-103
4 Exams 57-77 62-88 68-96 73-100 76-118 94-141
5 Exams 63-94 73-107 82-118 87-128 98-156
6 Exams 73-96 82-113 84-126 95-151 102-167
7 Exams 75-99 84-116 86-130 98-156 107-172
ACAS 82-112 89-123 91-139 98-166 116-194 130-269 145-317+
FCAS 102-155 115-194 126-235 145-361 172-451 177-498+

A passing grade for exams 1, 2, 3F, 3L (or LC & ST), 4, 5 and 6 each equal 1 exam.

Health Actuary Salary Survey

We’ve got big data.


The health market has seen the fastest growth in salaries along with the highest demand for experienced actuaries.  With the implementation of the Affordable Care Act, the demand for health actuaries has dramatically increased at all experience levels, from student to Chief Actuaries.

Go to our health page for the latest jobs & news.

Browse Health Jobs & News
Health < 1 yr 1-3 yrs 3-5 yrs 5-7 yrs 7-10 yrs 10-15 yrs* 15-20 yrs* 20+yrs*
1 Exam 51-60 54-69 55-73
2 Exams 54-66 55-76 60-80 67-88
3 Exams 57-71 59-83 64-88 69-96
4 Exams 59-75 63-89 65-93 72-104 75-112
5 Exams 67-93 69-104 77-112 84-125
ASA 72-101 77-118 86-132 96-147 97-168 110-239 121-252+
FSA 96-148 104-161 118-200 128-252 147-360 160-414+

A passing grade for exams P, FM, MLC, MFE and C each equal 1 exam.

Life Actuary Salary Survey

We see the trends.


The life actuarial market typically has the highest outliers with salaries well into the six figures.  These high paid actuaries usually have backgrounds in investments, consulting and international business.  The highest concentration of life actuarial jobs are in the Northeastern US, however, demand for life actuaries is strong across the US and internationally.

Our life page is regularly updated with up-to-date jobs and news.

Browse Life Jobs & News
Life < 1 yr 1-3 yrs 3-5 yrs 5-7 yrs 7-10 yrs 10-15 yrs* 15-20 yrs* 20+ yrs*
1 Exam 50-61 55-70 56-74
2 Exams 55-65 56-76 60-81 68-88
3 Exams 56-69 60-81 65-88 69-99
4 Exams 59-75 65-89 68-94 74-102 78-112
5 Exams 67-94 69-105 76-112 84-125
ASA 73-105 77-115 82-130 84-143 99-165 109-236 118-246+
FSA 97-149 105-164 116-206 132-255 150-365 163-450+

A passing grade for exams P, FM, MLC, MFE and C each equal 1 exam.

Pension Actuary Salary Survey

Know your market.


Pension jobs make up less than 10% of open actuarial jobs, however, the demand for actuaries to manage existing retirement funds remains constant with salaries rising for associates & fellows.  In recent years, more companies and individuals have moved into 401Ks and other retirement options.   This has led to slightly negative growth for the overall pension market, with the exception being public pensions.

Visit our pension page for the latest jobs & news.

Browse Pension Jobs & News
Pension < 1 yr 1-3 yrs 3-5 yrs 5-7 yrs 7-10 yrs 10-15 yrs* 15-20 yrs* 20+ yrs*
1 Exam 42-60 50-64 55-70
2 Exams 46-62 54-68 58-76 61-81
3 Exams 50-70 56-74 62-84 65-91 72-97
4 Exams 56-73 63-80 65-91 76-100 78-106
5 Exams 66-89 68-94 77-104 80-112
ASA 70-94 75-102 84-118 89-139 110-175 123-238 155-260+
FSA 98-141 106-168 128-232 159-329 162-364+

A passing grade for exams P, FM, MLC, MFE and C each equal 1 exam.

International Actuarial Salary Survey

Actuaries working abroad.


Actuaries with international experience are in high demand as large insurers and consulting firms venture into established & emerging markets.  The strongest international markets include: Bermuda, Canada, UK, Switzerland, Dubai & Singapore.  The markets with the highest growth include: China, Brazil & the Middle East.

We are currently collecting salary data to include in our 2015 International Actuary Salary Survey.  We will release new salary surveys by country once we have received more than 30 data points per country.  If you are an actuary and would like to participate in our survey, please submit your information here.  You may also click here to view our list of open international actuarial jobs.

Questions? Contact us.

Quick Contact Form


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We want to hear from you!

As an actuary, it’s important to stay in touch with your DW Simpson recruiter. We can keep you up to date on the latest job openings, actuarial news & and other valuable market information.

Contact us to learn more about actuarial salaries, in demand skills & market trends. If you’re an actuarial employer looking to hire an actuary, we can help with that, too.

We work with actuaries at all career levels from Entry Level to Chief Actuary. Our recruiters attend actuarial meetings world wide and recruit actuaries in all disciplines including P&C, Health, Life, Pension and Non-Traditional actuarial roles.

Our Contact Information

Address: 4121 N Ravenswood Ave, Chicago, IL 60613
Phone: (800) 867 - 2300
Email: actuaries@dwsimpson.com


Download previous DW Simpson Salary Surveys: 2011, 2010, 2009, 2008, 2007, 2006, 2005, Oct 2004, Mar 2004, 2003, 2001, 1999, 1998