My Actuary Salary Progression (Real $ Amounts)

If you’re considering becoming an actuary, it's natural to wonder how much you're going to make.

After all, actuarial exams are going to take a lot of time to study for and you should be compensated for that!

You're also probably curious about the realistic figures (in terms of salary) that you could be offered throughout your actuarial journey.

However, it can be hard to know what to expect when not many actuaries are transparent about/willing to share what they've actually made.

Plus, it's hard to interpret the salary ranges found online, because they don't always show the qualifications that are needed to match a specific level of income.

Well don't worry, I've got you covered!

In this video, you'll be learning exactly how much money I earned every year throughout my actuarial career and see REAL amounts - from my related experiences to actuarial internships all the way to when I left my full-time actuarial job in 2018.

The best part is, you'll know the corresponding qualifications needed at each stage of my salary progression.

But wait, there's more!

As a bonus, I'll also be sharing how you could potentially earn more money than I even did!

There were a few things that I didn't know during my actuarial journey that could've helped me increase my income.

So, in this video, you will learn it all!

And, if you're interested in having the tools and resources to help you become the best possible candidate and potentially earn a high entry-level actuarial salary, then you should definitely check out the Actuary Accelerator Community!

TIMESTAMPS:
• Intro 0:00​​
• How much money I made during my internships 1:14
• How much money I made throughout my full-time actuarial career 6:07
• Benefits that employers also provide 10:16
• Do this if you want to increase your actuarial salary 11:48

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OTHER PLATFORMS:

#actuary​ #actuarialscience

[jucadimo]

Thank you Brea, this is one of the most informative videos on actuarial science I've seen.

[zionyoung]

Thank you Brea! I used your Etched Actuarial study schedule when I first began studying. It really helped me learn how to build my own rythm! Well done and keep helping us young aspiring actuaries!

[daanialahmad]

Thank you Brea for continuously keeping Aspiring Actuaries motivated.

[moabi]

Damn, this is not what I was expecting in terms of salaries made, but thanks for the insight really helps out <3

[yuqiuwei]

As a candidate pursuing FSA but working in Japan, I got zero support (both financially or paid study leaves) from my company, and the actuarial salary here is way more lower than in the US or Canada.

[PaulMoorshead]

Wow - you show amazing energy throughout the video!

[pikapikachu]

I thought you can only take the actuarial exams after you graduate lol thanks so much. I am planning to become an actuarial and make enough money to pursue my passion.

[candidlyvivian]

Hey Brea! Love your transparency in this video and your journey is really inspiring! I'm a small YouTuber and data scientist so I completely relate to things you said :)

[jschompzy]

This is so helpful, I've been so worried about how I would integrate into the actuarial field

[SayyidEditz]

I still have a couple of years after ehcih I'll attempt my Actuarial exams but your videos help me keep informed and stay motivated all this time.

[manonaboat]

Being an actuary sucks. 3 exams on my belt, when you look at the salary it seems decent but when you actually count the hours spent working it turns out to be $26-$32/hr. I’m leaving the profession soon

[aleckaral]

This is a great vid, and I’m not throwing any shade but I feel like you stayed on the lower side of the average incomes. I’ve seen some salary graphs for actuaries showing that 5 exams passed has an average salary of over 100k. I also have a cousin that is 27 and has 8 exams passed, and she is making close to 180k in Boston. Do you feel like you missed out on some possible salary somewhere along the way?

[TRUCKERTV]

Omg, girl you killed it. Put Accountants and CPAs to shame.😆🤣😂👏

[kyle.p]

As always, it was truly helpful and aspiring. Thanks a lot :)

[hansgulbranson]

This is crazy because in my first year as an actuary with 2 exams passed, I'm making 76, 500.

[Sara-ctxe]

Thank you very much. You're perfect. And your information were great. ❤😊 i am applying for phd in actuarial science. But i love to become an actuary

[angy_g]

I’m surprised with the first salaries. I thought in USA you earn more money in the beginning of your career. Here in Spain if you just finished a master of it you earn 30-35k euros per year in insurance companies or 20-24k (every year there is a salary increase around 3-5k) in big4

[Todd.T]

So when my buddy says his kid is going to make 200K when he graduates, he might be a bit off.

[rutu]

While this video is very informative, my two cents are that people do need to take inflation in account. For example, I have only passed four exams so far and yet I make at least 10% more than what you reported for 2018. Partly because I have a vast experience in data analysis and I was working as a data analyst long before switching to actuarial science my undergrad degree is in computer science. But what I’m getting to here is that depending upon the organization you work for, actuarial analysts do tend to make higher salaries than regular data analyst regardless of exam status.

[deangulberry]

These exams are extremely difficult. They cost hundreds of dollars just to take one. Hundreds more for study material. With zero guarantee of getting hired.