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Actuary Salary in Asheville, NC

How much does the average Actuary make in Asheville, NC?


The average salary for an Actuary in Asheville, NC is between $68,002 and $165,741 as of April 01, 2025. Salary ranges can vary widely depending on the actual Actuary position you are looking for. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

About Asheville, North Carolina    Asheville is a city and the county seat of Buncombe County, North Carolina, United States. It is the largest city in Western North Carolina, and the 1....More

Asheville, North Carolina  area prices were up 1.5% from a year ago    View the Cost of Living in Asheville, North Carolina

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Base Salary

Core compensation

$68,002
$165,741
$116,876
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What is an Actuary?

An actuary uses math, statistics, computer modeling, and analysis to evaluate risk. They look at various events that could occur either to a person or to business and develop scenarios to minimize risk and cost. Many actuaries are employed in the insurance industry and may specialize in an area like health insurance, life insurance, or property insurance.


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Actuary

What degree or educational requirements does an actuary need?

Actuaries typically obtain a Bachelor's degree in mathematics, statistics, business, or actuarial science. Coursework in computer science usually is included. Most individuals seeking a career as an actuary work towards certification in one of the major actuarial professional organizations: the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). Employers typically support an individual in this pursuit which can take many years of study. The actuarial designations are Associate, which is the first level and Fellow, which is the highest and most difficult to attain.

What are the best schools offering actuarial programs?

Some of the schools with top rated actuarial science programs are Purdue University, Carnegie Mellon University, University of Illinois at Urbana-Champaign, Ohio State University, Columbia University, Georgia State University, University of Nebraska, Temple University, Penn State University, and Drake University.

Are actuaries in demand?

According to the Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook (BLS), employment of Actuaries, in general, is projected to grow about 22 percent from 2016 to 2026. The demand for Actuaries will be strong as insurance companies develop new products and try to reduce costs. Large companies will also employ actuaries to assess risk and help to guide operational policies.

What jobs are similar to or related to actuary?

Risk Manager and Statistician are other jobs that are sometimes related to actuaries.

Where can I find more information about actuary training and career opportunities?

Explore these additional resources for more on the acutarial profession.
American Academy of Actuaries
Casualty Actuarial Society
Society of Actuaries

What is the working environment for an actuary?

An actuary typically works in an office setting.

Actuary Jobs

Job Openings for Actuary in Asheville, NC