How much does a Chief Actuarial Officer make?

As of April 01, 2025, the average annual salary for a Chief Actuarial Officer in the United States is $347,420. Salary.com reports that pay typically ranges from $333,530 to $397,190, with most professionals earning between $320,884 and $442,503.

Chief Actuarial Officer Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $397,190 $33,099 $7,638 $191
Average $347,420 $28,952 $6,681 $167
25th Percentile $333,530 $27,794 $6,414 $160

Average Salary

25% $333,530 10% $320,884 90% $442,503 75% $397,190 $347,420 50%(Median)
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How much does a Chief Actuarial Officer make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Chief Actuarial Officer salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Chief Actuarial Officer is about $347,420 a year, this translates to an approximate hourly rate of $167, a monthly salary of about $28,952, and a weekly pay of around $6,681 . Click the switch button below to see more details about Chief Actuarial Officer hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Chief Actuarial Officer's Salary?

An entry-level Chief Actuarial Officer with less than 1 year of experience earns about $338,920. With 1-2 years of experience, the average salary increases to $340,164. For 2-4 years of experience, the pay typically rises to $341,823. Senior-level professionals with 5-8 years of experience earn around $344,310, and those with over 8 years of experience can expect an average of $347,420.

Levels Salary
Entry Level Chief Actuarial Officer $338,920
Intermediate Level Chief Actuarial Officer $340,164
Senior Level Chief Actuarial Officer $341,823
Specialist Level Chief Actuarial Officer $344,310
Expert Level Chief Actuarial Officer $347,420
$338,920 0 yr
$340,164 < 2 yrs
$341,823 2-4 yrs
$344,310 5-8 yrs
$347,420 > 8 yrs
Last Updated on April 01, 2025
Entry Level 2%
Mid Level 2%
Senior Level 2%
Top Level 1%
Experienced 0%
View as graph
Last Updated on April 01, 2025

How much does salary of Chief Actuarial Officer vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Chief Actuarial Officer is $433,900.
  • In New York, NY, the average annual salary is $402,630.
  • In Boston, MA, a Chief Actuarial Officer earns $387,480 per year.

What is the salary trend of Chief Actuarial Officer?

As of April 01, 2025, our research reveals a significant shift in Chief Actuarial Officer compensation over the past six years. For example, the median salary increased from $229,984 in 2023 to approximately $229,746 in 2024. (For a detailed analysis of Chief Actuarial Officer salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Chief Actuarial Officer Over Time

2020
$???
2021
$???
2022
$???
$229,984
2023
$229,746
2024
$226,298
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$229,984
2024
$229,746
2025
$226,298
2026
$???
Last Updated on April 01, 2025

Chief Actuarial Officer Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $229,984
2024 $229,746
2025 $226,298
2026 View More
Last Updated on April 01, 2025

Job Openings of Chief Actuarial Officer

Salary.com job board provides millions of Chief Actuarial Officer information for you to search for. Click on search button below to see Chief Actuarial Officer job openings or enter a new job title here.

Most Common Benefits for Chief Actuarial Officer

Based on HR-reported data: a national average with a geographic differential
Base Salary 78.1%
Bonuses 0.0%
Social Security 3.5%
401k/403b 2.4%
Disability 1.6%
Healthcare 1.9%
Pension 3.0%
Time Off 9.6%
Core Compensation
Core Compensation Median % of Total
Base Salary $347,420 78.1%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $15,491 3.5%
401K/403B $10,500 2.4%
Disability $6,948 1.6%
Healthcare $8,352 1.9%
Pension $13,500 3.0%
Time Off $42,759 9.6%
Total Compensation $444,971 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Chief Actuarial Officer with different levels of education?

Salaries for Chief Actuarial Officer with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Chief Actuarial Officer with a Bachelor's Degree is $334,579 - $363,987. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Chief Actuarial Officer Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Chief Actuarial Officer
Degree Level % of user with this level of education
Bachelors 61.5%
Masters 26.9%
Doctorate 11.5%
Typical Education for Chief Actuarial Officer
Bachelors 61.5%
Masters 26.9%
Doctorate 11.5%
view as table

Chief Actuarial Officer Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Chief Actuarial Officer

1. Which country pays actuaries the most?

In the United States, Chief Actuarial Officers earn between $308,460 and $421,740, with a median salary of $359,150. While the average salary for actuaries is around $116,000, those with over 15 years of experience can exceed $198,000. Switzerland is known for offering the highest salaries for actuaries globally.

2. Is actuary a stressful job?

No, being a Chief Actuarial Officer is not generally a stressful job. With a salary range from $308,460 to $421,740, actuaries enjoy financial stability, mental stimulation, and daily challenges. The role offers a rewarding career with minimal stress and few disadvantages in day-to-day work.

3. What is the highest paid type of actuary?

The highest paid type of actuary is the Chief Actuarial Officer, with a salary range of approximately $308,460 to $421,740 per year. This role typically commands a mid-salary of around $359,150, reflecting the significant expertise and leadership required in the field. Other high-paying positions include Actuarial Director and Pricing Actuary, but none match the compensation of a Chief Actuarial Officer.

4. Who makes more money accountants or actuaries?

Actuaries typically earn higher salaries compared to accountants. For instance, a Chief Actuarial Officer has a salary range from $308,460 to $421,740, with a mid-salary of $359,150. While senior accounting positions like CFO can approach these figures, actuaries generally have a higher earning potential as they advance in their careers.

5. Can actuaries make 400k?

Yes, actuaries can make around $400,000. Specifically, Chief Actuarial Officers have salaries ranging from $308,460 to $421,740, with a mid-salary of $359,150. Factors such as company size, location, and individual experience can influence these figures, allowing for potential earnings in that range.

6. Can actuaries make $300 K?

Yes, actuaries can make over $300K. In fact, Chief Actuarial Officers have a salary range with a minimum of $308,460, a mid-salary of $359,150, and a maximum of $421,740. This reflects the high demand for actuaries in managing risks, especially in top-level positions.

About Our Data

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.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Chief Actuarial Officer is $347,420 per year in the United States, updated at April 01, 2025.
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