Actuaries
Median salary, education path, job outlook, and related careers — based on U.S. labor data.
Median salary
$130,000/yr
Typical range
$97,680 – $170,650
Education
Bachelor's degree
Time to entry
About 4 years
What a Actuaries does
Actuaries use mathematics, statistics, and financial analysis to assess risk and uncertainty for insurance companies, pension funds, and other organizations. They design financial strategies that help businesses and individuals prepare for future events.
Education & path
The typical entry point is a bachelor's degree. About 4 years.
Estimated cost of that path: ~$40,000. Estimated payback: ~2 years. Estimates only — actual cost varies widely by school and financial aid; payback assumes ~20% of income applied.
Related careers
- Software Developers — $135,980/yr
- Computer User Support Specialists — $61,860/yr
- Computer Systems Analysts — $105,850/yr
- Health Informatics Specialists — $105,850/yr
- Computer Systems Engineers/Architects — $116,580/yr
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