Total Employment

22,260

Hourly Wage (avg)

$58.16

Annual Wage (avg)

$120,970

Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Snapshot

SOC Code 15-2011 - Actuaries is a a final level code of the “Computer and Mathematical Occupations” Major Occupation Category. There are 22,260 total employees classified in this occupation in the USA, with an average Hourly Wage of $58.16 and average Annual Wage of $120,970.

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Occupation Examples

  • Actuarial Associate
  • Actuarial Mathematician
  • Health Actuary
  • Insurance Actuary
  • Pricing Actuary
  • Product Development Actuary

Career Video for "Actuaries"

This video is designed to provide information about "Actuaries" and includes details on the career, career cluster, industry, work options, and abilities.

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