What are the main factors that influence an Actuarial Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change An Actuarial Analyst's salary?

An Actuarial Analyst's salary grows with experience: an Actuary I (0-2 years)earns $84,803, an Actuary II (2-4 years)earns $94,602, an Actuarial Analyst (4-7 years)earns $111,094, an Actuary IV (7+ years)earns $147,772, an Actuary V (7-10 years)earns $173,160,

What are the highest paying states for an Actuarial Analyst?

Actuarial Analyst salary varies significantly by state. The top 3 highest paying states for Actuarial Analyst roles are District of Columbia $118,800, California $118,349, Massachusetts $116,772. These tech hubs typically pay 10-15% above the national average.

How much do different types of Actuarial Analyst roles make?

Salaries for Actuarial Analyst level roles vary by specialization: Assistant Actuarial Analyst: $184,200; Actuarial Analyst V: $165,000; Actuarial Analyst IV: $140,800; Senior Actuarial Analyst: $105,904; Actuarial Analyst III: $105,900.

Actuarial Analyst Salary in Rhode Island

How much does an Actuarial Analyst make in Rhode Island?

As of May 18, 2021, the average salary for an Actuarial Analyst in Rhode Island is $112,019 per year, which breaks down to an hourly rate of $54.

However, an Actuarial Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $132,426
Majority Range (25th-75th percentile): $103,743 to $122,701
Entry-Level (10th percentile): $96,209

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Actuarial Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$122,701	$10,225	$2,360	$59
Average	$112,019	$9,335	$2,154	$54
25th Percentile	$103,743	$8,645	$1,995	$50

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Key Factors That Influence Actuarial Analyst Salaries

An Actuarial Analyst'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.

How Experience Level Affects Actuarial Analyst Salaries?

Experience is a primary driver of an Actuarial Analyst'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:

Entry-Level (less than 1 year): $84,803
Early Career (1-2 years): $94,602
Mid-Level (2-4 years): $111,094
Senior-Level (5-8 years): $147,772
Expert (over 8 years): $173,160

Levels	Salary
Actuary I... Level Actuarial Analyst	$84,803
Actuary I... Level Actuarial Analyst	$94,602
Actuarial... Level Actuarial Analyst	$111,094
Actuary I... Level Actuarial Analyst	$147,772
Actuary V... Level Actuarial Analyst	$173,160

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How Do Actuarial Analyst Salaries Vary from State to State?

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 Analysts. For example, consider the average annual salaries in these key locations:

District of Columbia: $118,800.
California: $118,349.
Massachusetts: $116,772.

District of Columbia $118,800 California $118,349 Massachusetts $116,772 Washington $116,343 New Jersey $116,300 Alaska $116,150 Connecticut $114,669 New York $114,068

Hawaii $112,147 Rhode Island $111,246 Maryland $110,635 Minnesota $109,798 Colorado $109,476 Illinois $109,368 Oregon $108,961 Delaware $108,660

New Hampshire $108,471 Virginia $108,049 Pennsylvania $106,815 Nevada $106,192 North Dakota $105,989 Michigan $105,667 Wisconsin $105,549 Vermont $105,313

Texas $104,658 Maine $104,615 Arizona $104,551 Ohio $104,476 Georgia $103,489 Indiana $102,995 Wyoming $102,898 Utah $102,748

Iowa $102,684 Kansas $102,169 Louisiana $102,019 North Carolina $101,965 Missouri $101,943 Florida $101,525 Montana $101,300 Nebraska $101,085

Kentucky $100,967 South Carolina $100,538 Tennessee $100,270 Idaho $100,162 New Mexico $99,379 Oklahoma $99,207 Alabama $98,574 South Dakota $97,512

Arkansas $96,933 West Virginia $96,621 Mississippi $95,688

Top Paying Cities for Actuarial Analysts

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:

Adamsville: $113,070
Albion: $111,193
Ashaway: $113,499

Adamsville, RI $113,070 Albion, RI $111,193 Ashaway, RI $113,499 Barrington, RI $111,193 Block Island, RI $112,909 Bradford, RI $113,424 Bristol, RI $111,085 Carolina, RI $112,502

Charlestown, RI $112,620 Chepachet, RI $110,978 Clayville, RI $111,085 Coventry, RI $110,978 West Greenwich, RI $110,903 East Greenwich, RI $111,053 Exeter, RI $113,424 Fiskeville, RI $111,193

Forestdale, RI $111,085 Foster, RI $110,903 Glendale, RI $110,903 Greene, RI $112,147 Greenville, RI $111,193 Harmony, RI $111,160 Harrisville, RI $110,978 Hope, RI $111,193

Hope Valley, RI $113,499 Hopkinton, RI $113,532 Jamestown, RI $112,394 Kenyon, RI $113,392 Little Compton, RI $113,027 Manville, RI $111,193 Mapleville, RI $110,903 Newport, RI $112,416

Middletown, RI $112,888 North Kingstown, RI $110,871 North Scituate, RI $111,160 Oakland, RI $111,010 Pascoag, RI $110,946 Pawtucket, RI $111,193 Central Falls, RI $111,193 Cumberland, RI $111,193

Lincoln, RI $111,193 Portsmouth, RI $111,965 Prudence Island, RI $110,978 Rockville, RI $113,532 Saunderstown, RI $112,459 Shannock, RI $113,360 Slatersville, RI $111,085 Slocum, RI $112,459

Tiverton, RI $113,102 Wakefield, RI $112,341 Kingston, RI $112,362 Narragansett, RI $112,384 Peace Dale, RI $112,341 Warren, RI $111,160 Warwick, RI $111,193 Westerly, RI $113,564

West Kingston, RI $112,426 West Warwick, RI $111,193 Wood River Junction, RI $113,424 Woonsocket, RI $111,085 North Smithfield, RI $111,160 Wyoming, RI $113,392 Providence, RI $111,193 Cranston, RI $111,193

North Providence, RI $111,193 East Providence, RI $111,193 Riverside, RI $111,193 Rumford, RI $111,193 Smithfield, RI $111,193 Johnston, RI $111,193

Actuarial Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Actuarial Analyst'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.

Last Updated on May 18, 2021

$103,743

Average $112,019/year

$122,701

$8,645

Average $9,335/month

$10,225

$1,995

Average $2,154/week

$2,360

$50

Average $54/hour

$59

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$122,701	$10,225	$2,360	$59
Average	$112,019	$9,335	$2,154	$54
25th Percentile	$103,743	$8,645	$1,995	$50

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