Associate actuary salary in Canada
What Associate actuary roles pay in Canada in 2026: typical ACIA and ASA-level base salary by years of experience and employer sector, in Canadian dollars.
Updated 6 October 2026 in the CTS Actuarial Pay Index.
Associate base salary by experience
At Canadian life and annuity insurers, in Canadian dollars, before bonus.
- 3 to 5 years: C$110k median base, typically C$99k to C$120k
- 6 to 9 years: C$139k median base, typically C$124k to C$151k
- 10 to 14 years: C$159k median base, typically C$142k to C$174k
- 15+ years: C$184k median base, typically C$165k to C$201k
By sector
For an Associate with 3 to 5 years:
- Life & annuity insurers: C$110k median base
- Reinsurers: C$117k median base
- Consulting firms: C$114k median base
- Health insurers: C$113k median base
- P&C insurers: C$111k median base
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.
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