The Actuarial Pay Index

ASA salary in the US

What ASA roles pay in the US in 2026: typical base salary for Associates of the Society of Actuaries by years of experience and employer sector.

Median base salary, ASA with 3 to 5 years, US life & annuity

$125k

Updated 6 October 2026 in the CTS Actuarial Pay Index.

ASA base salary by experience

At US life and annuity insurers:

3 to 5 years: $125k median base, typically $112k to $137k
6 to 9 years: $149k median base, typically $133k to $163k
10 to 14 years: $166k median base, typically $148k to $181k
15+ years: $185k median base, typically $165k to $202k

ASA salary by sector

For an Associate with 3 to 5 years:

Life & annuity insurers: $125k median base
Reinsurers: $133k median base
Consulting firms: $129k median base
Health insurers: $129k median base
P&C insurers (ACAS): $126k median base

Bonus and total pay

Bonus targets for an Associate with 3 to 5 years usually run about 8 to 12% of base in the offers we see, so on the median base above that is roughly $10k to $15k, for total pay of about $135k to $140k. Bonus targets vary more between employers than base does, and senior packages often add long-term incentives, so compare whole packages rather than base alone.

Open this in the Actuarial Pay Index → You can switch market, experience and sector, and unlock where your own salary sits and what it takes to move.

How these figures are built

The Actuarial Pay Index is our view of what actuarial roles pay, built from the offers, counteroffers and pay conversations in our own search work, the pay ranges in the actuarial roles advertised over the last 12 months, and government wage data. Every figure is reviewed by our team against what we see in the market. Figures are base salary for new hires, before any bonus; lower and upper figures are the lower and upper quartiles. Bonus targets come from the offers we see. No individual salaries are ever published. How the index is built.