Occupational Employment and Wages, May 2009

15-2011 Actuaries

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National estimates for this occupation
Industry profile for this occupation
State profile for this occupation
Metropolitan area profile for this occupation


National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
17,940 4.0 % $46.85 $97,450 1.0 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $24.98 $31.27 $41.93 $58.11 $76.08
Annual Wage (2) $51,950 $65,050 $87,210 $120,870 $158,240


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment Hourly mean wage Annual mean wage
Insurance Carriers 9,600 $46.19 $96,080
Management, Scientific, and Technical Consulting Services 2,720 $51.91 $107,970
Agencies, Brokerages, and Other Insurance Related Activities 2,260 $47.42 $98,630
Management of Companies and Enterprises 1,620 $43.75 $91,000
State Government (OES Designation) 440 $40.09 $83,380

Top paying industries for this occupation:

Industry Employment Hourly mean wage Annual mean wage
Business, Professional, Labor, Political, and Similar Organizations 40 $60.37 $125,560
Federal Executive Branch (OES Designation) 240 $53.24 $110,740
Management, Scientific, and Technical Consulting Services 2,720 $51.91 $107,970
Insurance and Employee Benefit Funds 280 $49.28 $102,490
Agencies, Brokerages, and Other Insurance Related Activities 2,260 $47.42 $98,630


State profile for this occupation: Top

States with the highest published employment concentrations and wages for this occupation are provided. For a list of all States with employment in this occupation, see the Create Customized Tables function.

States with the highest concentration of workers in this occupation:

State Employment Hourly mean wage Annual mean wage Employment per thousand workers
Connecticut 760 $47.80 $99,430 0.459
Kansas 540 $45.08 $93,760 0.398
Maine 230 $29.06 $60,450 0.388
Delaware 140 $48.19 $100,230 0.335
District of Columbia 210 $53.11 $110,470 0.329

Top paying States for this occupation:

State Employment Hourly mean wage Annual mean wage Employment per thousand workers
Pennsylvania 870 $57.99 $120,620 0.157
New Mexico 90 $54.39 $113,140 0.107
District of Columbia 210 $53.11 $110,470 0.329
Indiana 390 $52.72 $109,670 0.140
Wisconsin 590 $51.07 $106,220 0.220


Metropolitan area profile for this occupation: Top

Metropolitan areas with the highest published employment concentrations and wages for this occupation are provided. For a list of all Metropolitan areas with employment in this occupation, see the Create Customized Tables function.

Metropolitan areas with the highest concentration of workers in this occupation:

MSA Employment Hourly mean wage Annual mean wage Employment per thousand workers
Portland-South Portland-Biddeford, ME 220 $28.27 $58,810 1.099
Hartford-West Hartford-East Hartford, CT 590 $48.01 $99,870 1.046
Fort Wayne, IN 130 $54.58 $113,520 0.656
Des Moines-West Des Moines, IA 200 $48.17 $100,200 0.614
Kansas City, MO-KS 530 $44.94 $93,480 0.533

Top paying metropolitan areas for this occupation:

MSA Employment Hourly mean wage Annual mean wage Employment per thousand workers
Appleton, WI (8) $67.75 $140,920 (8)
Fort Worth-Arlington, TX Metropolitan Division (8) $65.70 $136,650 (8)
San Diego-Carlsbad-San Marcos, CA (8) $65.43 $136,090 (8)
Philadelphia, PA Metropolitan Division 590 $60.61 $126,070 0.321
Allentown-Bethlehem-Easton, PA-NJ (8) $59.59 $123,940 (8)


About May 2009 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors in metropolitan and nonmetropolitan areas in every State and the District of Columbia. The top five employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

Percentile wage estimates show the percentage of workers in an occupation that earn less than a given wage and the percentage that earn more. The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.


Other OES estimates and related information:

May 2009 National Occupational Employment and Wage Estimates

May 2009 State Occupational Employment and Wage Estimates

May 2009 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2009 National Industry-Specific Occupational Employment and Wage Estimates

List of Occupations in SOC Code Number Order

List of Occupations in Alphabetical Order

Download May 2009 Occupational Employment and Wage Estimates in Zipped XLS files

Technical Notes

 

Last Modified Date: May 14, 2010