How much does an Actuary make?

James from The Actuary's Progress mentioned about checking out the salary of actuarial positions in

I found an Actuarial Salary Survey conducted by the D.W. Simpsons. It's pretty accurate, though you cannot find any location-specific salary information. But I think the rule of thumb is---company pay more if you work in the East or big cities.


James said...

That's definitely true, as bigger cities have higher costs of living.

It's even true for Ph. D. assistantships. I'm getting $15K/a year at the university starting in the fall. Stanford offers $30K/year for a degree in Risk Management, but most of the $30K is eaten up in living expenses, as living in California is very expensive.