How much do actuaries earn anually?
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about $120,000.
The actuaries I know...with FSA's and about 10 years of experience make between $135K to $175K per year, not including bonuses.
You might look at: http://www.actuarialcareers.com...
and http://www.actuary.tv for more information
The lowest I know of is about $50,000, and the highest was about $250,000 plus bonuses, trips and a major title. That was for the head of the actuary dept for a health company I worked for recently.
Answers:
Like most any department position in an Insurance company you have a matter of time in service and ranking. ie: Junior Actuary, Senior Actuary and mgr.
Basically this technical position is important and typically companies like the more experienced people and salary could be any where from $$45,000 to $100,000 as a head of a unit. It is a good/safe occupation. and secure if you do a good job. "Math is not my thing" so it also takes a"special individual to sit all day punching #'s