The average annual salary for Actuaries in the USA is $121,231.76, equivalent to an hourly rate of $58.28.
Actuaries are professionals who analyze and assess the financial risks faced by insurance companies and other businesses.
Using mathematics, statistics, and financial theory, actuaries help businesses develop strategies to minimize the financial impact of risks such as natural disasters, accidents, and long-term health issues.
They also design insurance policies, pension plans, and other financial products to ensure they are financially sound and will meet the needs of clients.
Actuaries play a crucial role in helping businesses make informed decisions about managing risk and securing their financial future.
Gain insights into income distributions with this visualization of average salaries across various states in the United States.
It's essential to acknowledge that the absence of data in certain instances leads to the creation of zero-value buckets, impacting the representation of seniority and percentiles.
Furthermore, variations in average salaries among different states can result in peculiar aggregations. This anomaly is a reflection of the diverse economic conditions, workforce structures, and available data across states.
Jobs that fall into this category may have comparable salary ranges, hourly rates, or overall remuneration.