As of May 18, 2021, the average salary for an Actuarial Assistant in Maryland is $72,903 per year, which breaks down to an hourly rate of $35.
However, an Actuarial Assistant's salary can vary significantly. Here’s a look at the typical salary range:
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Actuarial Assistant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $80,241 | $6,687 | $1,543 | $39 |
| Average | $72,903 | $6,075 | $1,402 | $35 |
| 25th Percentile | $66,309 | $5,526 | $1,275 | $32 |
GEICO - Chevy Chase, MD
Humana - Annapolis, MD
Theoria Medical - BATTLEFIELD, MO
FastMed - GOLDSBORO, NC
An Actuarial Assistant's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Actuarial Assistant's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Actuarial Assistant | $72,442 |
| Intermediate Level Actuarial Assistant | $73,128 |
| Senior Level Actuarial Assistant | $74,710 |
| Specialist Level Actuarial Assistant | $75,026 |
| Expert Level Actuarial Assistant | $75,237 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Actuarial Assistants. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how an Actuarial Assistant's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $80,241 | $6,687 | $1,543 | $39 |
| Average | $72,903 | $6,075 | $1,402 | $35 |
| 25th Percentile | $66,309 | $5,526 | $1,275 | $32 |
For an Actuarial Assistant, the most direct path to higher earnings is advancing to the Actuary II role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $92,894 - a projected growth of 27% over your current level.
Ready to take the next step in your career? Browse thousands of current Actuarial Assistant job openings on our job board. Use the search bar below to find your perfect match.
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