Business & Finance California (CA) Rank #3 of 50

Actuary Salary in California

The median actuary salary in California is $157,306 per year, which is 38.0% above the national median of $113,990.

Median Salary
$157,306
vs National
+$43,316
State Rank
#3 of 50
Cost of Living
138%

Actuary Salary in California by Experience

In California, an entry-level actuary earns around $96,600, while experienced professionals earn up to $241,500 per year. The cost of living index in California is 138% of the national average.

Entry Level (0-2 yrs)
$96,600
+$26,600 vs national
Mid Level (3-7 yrs)
$158,700
+$43,700 vs national
Senior Level (8+ yrs)
$241,500
+$66,500 vs national

Salary Percentiles in California

Percentile CA Salary
10th Percentile $94,392
25th Percentile $120,336
Median (50th) $157,306
75th Percentile $208,380
90th Percentile $270,494

Major Cities for Actuarys in California

The largest employment areas for actuarys in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries in major metro areas may be higher due to increased demand and cost of living.

Los Angeles, CA
Metro area for actuary employment
San Francisco, CA
Metro area for actuary employment
San Diego, CA
Metro area for actuary employment
San Jose, CA
Metro area for actuary employment
Sacramento, CA
Metro area for actuary employment

How to Become a Actuary in California

Education

Most actuary positions require a bachelor's degree. California has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in California

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). California's demand may vary based on local industry trends.