What cities do actuaries work?
Table of Contents
- 1 What cities do actuaries work?
- 2 What city has the most actuaries?
- 3 Where is the best place to work as an actuary?
- 4 Is being an actuary a good job?
- 5 Which state has the most actuary jobs?
- 6 What makes a good actuary?
- 7 What is the employment outlook for actuaries?
- 8 What is an actuary and what do they do?
- 9 What actually is an insurance actuary?
What cities do actuaries work?
Geographic profile for Actuaries:
| Metropolitan area | Employment (1) | Hourly mean wage |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 2,870 | $ 71.27 |
| San Antonio-New Braunfels, TX | (8) | $ 68.54 |
| Milwaukee-Waukesha-West Allis, WI | 130 | $ 64.86 |
| Tampa-St. Petersburg-Clearwater, FL | 160 | $ 64.75 |
What city has the most actuaries?
Listed below are 10 metropolitan cities with the highest actuary employment levels, along with average local salaries:
- Jersey City, NJ: $134,200.
- Cambridge, MA: $129,600.
- New York City, NY: $129,500.
- Chicago, IL: $129,200.
- Newark, NJ: $127,100.
- Boston, MA: $114,600.
- Wilmington, DE: $113,600.
- Long Beach, CA: $113,100.
Where is the best place to be an actuary?
Best-Paying Cities for Actuaries
- Bridgeport, Connecticut. $167,850.
- Charlotte, North Carolina. $150,630.
- New York, New York. $147,760.
- Richmond, Virginia. $144,700.
- Albany, New York. $141,270.
Where is the best place to work as an actuary?
Here are the best states for Actuaries in 2020:
- New York. Total Actuary Jobs: 104.
- Connecticut. Total Actuary Jobs: Average Annual Salary:
- Maine. Total Actuary Jobs:
- Rhode Island. Total Actuary Jobs:
- Delaware. Total Actuary Jobs:
- North Dakota. Total Actuary Jobs:
- New Jersey. Total Actuary Jobs:
- New Hampshire. Total Actuary Jobs:
Is being an actuary a good job?
A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here’s how Actuaries job satisfaction is rated in terms of upward mobility, stress level and flexibility.
Where do actuaries make the most money?
The location where actuaries earn the highest salaries is New York, with an average wage of $145,180 per year. Actuaries in Washington, D.C., and Connecticut earn mean salaries in the $127,000 range. In Georgia and Washington, the average annual salary for actuaries is in the $121,000 range.
Which state has the most actuary jobs?
1. New York
| Total Actuary Jobs: | 104 |
|---|---|
| Location Quotient: | 2.38 Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here |
What makes a good actuary?
The skills developed and honed by successful actuaries include an excellent business sense with knowledge of finance, accounting, and economics; keen analytical, project management, and problem solving skills; specialized math knowledge; strong computer skills; and solid written and oral communication skills.
Where are most actuary jobs located?
Most U.S. actuaries work on the East Coast, Midwest, Texas or California. The reason for this is that most insurance companies and other large employers are located in these states. Therefore, most consulting firms set up offices close to their clients or potential clients.
What is the employment outlook for actuaries?
Employment Outlook for Actuaries. More actuaries will also be needed to help companies manage their own risk, a practice known as enterprise risk management. Actuaries will help companies avoid, manage, and respond to any potential financial risks across all areas of their business operations.
What is an actuary and what do they do?
An actuary is someone who uses statistics to determine the probability of risks and the financial consequences of those risks; it’s the perfect position for someone who loves numbers.
What is the role of an actuary in healthcare?
Health actuaries perform an important role, analyzing potential risks, profits and trends that will affect their employers, which are often in the health insurance, government health services and medical provider industries.
What actually is an insurance actuary?
An insurance actuary is a professional that analyzes financial risk using mathematics, statistics and financial theories. Most actuaries work in the insurance industry and help insurance companies determine good risks, or those the companies are less likely to have to pay out claims to as the result of a loss.