How much does an Actuary make?

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

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.

1 comments:

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.