As of May 18, 2021, the average salary for an Actuarial Technician in the United States is $183,593 per year, which breaks down to an hourly rate of $88.
However, an Actuarial Technician's salary can vary significantly. Here’s a look at the typical salary range:
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An Actuarial Technician'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, education and company size can directly affect your earning potential.
Experience is a primary driver of an Actuarial Technician'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 |
|---|---|
| Actuary I... Level Actuarial Technician | $142,051 |
| Actuary V... Level Actuarial Technician | $166,456 |
| Actuarial... Level Actuarial Technician | $184,136 |
| Actuarial... Level Actuarial Technician | $173,623 |
| Actuarial... Level Actuarial Technician | $228,022 |
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 Technicians. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 8.72% |
| Financial Reporting | 1.41% |
| PowerPoint | 1.02% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
SQL
|
$209,296 |
14%
|
|
Communicates Effectively
|
$203,788 |
11%
|
|
Agile
|
$198,281 |
8%
|
|
Insight
|
$198,281 |
8%
|
|
Written Communication
|
$196,445 |
7%
|
|
Presentation
|
$196,445 |
7%
|
Your level of education can impact your salary potential. While many Actuarial Technicians enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Actuarial Technician with a Bachelor's Degree is between $175,629 and $184,865).
Actuarial Technician Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 19.6% |
| High School | 19.6% |
| Associates | 8.7% |
| Bachelors | 41.3% |
| Masters | 26.1% |
| Doctorate | 4.3% |
Understanding how an Actuarial Technician'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, 2021Salaries for an Actuarial Technician can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $129,945 in 2023 to around $130,626 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Actuarial Technician salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $129,945 |
| 2024 | $132,462 |
| 2025 | $130,626 |
| 2026 |
View More
|
| 2027 |
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|
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Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
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