Actuary Career Path

Are you thinking of becoming an actuary or already started your career and planning the next step? Learn how to become an actuary, what skills you need to succeed, how to advance your career and get promoted, and what levels of pay to expect at each step on your career path. Explore new actuary job openings and options for career transitions into related roles.

Seniority Levels

L2

Actuary

Alias: Graduate Actuary, Assistant Actuary...(4)
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5 - 7Years of Experience
$800,000Avg. Annual Salary
No Jobs Available
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26% advanced to

L3

Senior Actuary

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2 - 4Years of Experience
$600,000Avg. Annual Salary
No Jobs Available
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L4

Senior Manager of Risk

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5 - 7Years of Experience
No Salary Reports
No Jobs Available
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Salary Trajectory

Actuary Career Path

$890K
$668K
$445K
$223K
$0
L2
L4
L8
L12
Seniority Levels
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Important Skill Sets for the Actuary Career Path

SQL SAS
CDL
FCAS
Statistics

Actuary Career Transitions

Your skills as an actuary can prepare you to transition into related roles, such as actuarial analyst or data scientist, which could open up different career paths for you. Below are the most common actuary career transitions, along with typical salaries and skill requirements.

Actuarial Analyst
79% made the transition
0 - 1Years of Experience
$299,000Avg. Annual Salary
No Jobs Available
2/8Skills Shared
Data Scientist
35% made the transition
2 - 4Years of Experience
$380,000Avg. Annual Salary
No Jobs Available
1/8Skills Shared
Data Analyst
7% made the transition
2 - 4Years of Experience
$277,200Avg. Annual Salary
No Jobs Available
1/8Skills Shared
Machine Learning Engineer
16% made the transition
2 - 4Years of Experience
$650,000Avg. Annual Salary
No Jobs Available
1/8Skills Shared