Actuary: Career Overview

Official government data · Updated April 2026

Actuarys earn a national median of $125,770/yr with 21.8% projected employment growth over 2024–2034. The role draws on expertise in Mathematics, Computers and Electronics, Economics and Accounting.

Median Salary

$125,770

National · 2024

10-Year Growth

21.8%

Much faster than average

Employed Nationally

28,340

2024 data

Typical Education

Bachelor's degree

Entry-level

What Employers Expect From a Actuary

These are the competencies recruiters screen for in Actuary candidates, ranked by importance. Your resume should demonstrate each one:

1 Reading Comprehension 2 Mathematics 3 Critical Thinking 4 Judgment and Decision Making 5 Active Listening 6 Complex Problem Solving 7 Systems Evaluation 8 Speaking 9 Systems Analysis 10 Writing

Knowledge Areas

Core knowledge domains most important for Actuary performance, based on verified occupational data.

Mathematics Computers and Electronics Economics and Accounting English Language Law and Government

Tools & Technologies

High-demand tools and technologies for Actuary roles.

Microsoft Excel Microsoft Office software Microsoft Power BI Microsoft PowerPoint Microsoft Visual Basic for Applications VBA Python R SAS Structured query language SQL Tableau

Job Outlook: 2024–2034

Employment is projected to grow 21.8% for Actuary roles over the 2024–2034 decade. That's much faster than average compared to the 4% average across all occupations.

Current Employment
28,340
Projected Growth
21.8%
Typical Education
Bachelor's degree

Frequently Asked Questions

What does a Actuary do?
Actuarys apply expertise in Mathematics, Computers and Electronics, Economics and Accounting to perform their core responsibilities. Key competencies include Reading Comprehension, Mathematics, Critical Thinking, Judgment and Decision Making.
How much does a Actuary make?
The national median salary for a Actuary is $125,770 per year based on official government wage survey data. Actual compensation varies by location, experience, and employer.
Is Actuary a good career in 2026?
Employment for Actuary roles is projected to grow 21.8% over the 2024–2034 decade — much faster than average compared to all occupations. There are currently 28,340 workers in this occupation nationally.
What education do you need to become a Actuary?
The typical entry-level education for a Actuary is Bachelor's degree. Requirements vary by employer and specialization.
What skills do Actuarys need?
The most important skills for Actuary roles based on verified occupational data: Reading Comprehension, Mathematics, Critical Thinking, Judgment and Decision Making, Active Listening, Complex Problem Solving, Systems Evaluation, Speaking, Systems Analysis, Writing. Key tools and technologies include: Microsoft Excel, Microsoft Office software, Microsoft Power BI, Microsoft PowerPoint, Microsoft Visual Basic for Applications VBA.

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Salary, employment, and skills figures sourced from official U.S. government records and occupational databases. Actual compensation and requirements vary by location, experience, and employer. Salary and employment figures from official U.S. government records. Actual compensation varies by location, experience, and employer.