PlanexAI

How to Become a Actuary

Analyze the financial costs of risk and uncertainty using mathematics, statistics, and financial theory. It typically requires a bachelor's degree, with a median salary of $120,000 per year and much faster than average projected job growth.

Median pay

$120,000/yr

Typical range

$66,000 to $210,000

Job growth

23%

Openings / yr

2,400

Majors that lead here

Key skills

  • Statistical Modeling
  • Risk Assessment
  • Financial Mathematics
  • Programming (R/Python)
  • Communication

Helpful certifications

  • SOA (Society of Actuaries) Exams
  • CAS (Casualty Actuarial Society) Exams
  • ASA
  • FSA
  • FCAS

Is this career a fit?

Remote-friendly

80/100

Work-life balance

78/100

Stress level

32/100

Satisfaction

76/100

Related careers

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Salary and job-growth figures: U.S. Bureau of Labor Statistics Occupational Outlook Handbook (wages May 2023, projections 2022-2032) and O*NET. National figures; actual pay varies by location, employer, and experience.