Quote:
Originally Posted by RC Vikings
Compensation
Salaries and Benefits
Actuaries are well compensated. Experienced Fellows have the potential to earn from $150,000 to $250,000 annually. In fact, did you know that new Associate actuaries earned a higher salary than the average MBA in 2002?
Compensation may vary significantly according to years of experience, industry, geographic region, and responsibilities. For example, an actuary with a Fellowship designation working as a financial manager in the banking industry could earn a higher salary than another Fellow working in the health insurance industry.
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The salary ceiling for a consulting actuary is much higher than someone working in a "traditional role".
< 5% of all actuaries make $200K+