The Actuarial Pay Index

FCAS salary in the US

What FCAS and ACAS roles pay at US P&C insurers in 2026: typical base salary for Casualty Actuarial Society members by years of experience.

Median base salary, FCAS with 6 to 9 years, US P&C

$183k

Updated 6 October 2026 in the CTS Actuarial Pay Index.

FCAS base salary by experience

3 to 5 years: $146k median base, typically $126k to $167k
6 to 9 years: $183k median base, typically $159k to $210k
10 to 14 years: $209k median base, typically $181k to $239k
15+ years: $238k median base, typically $206k to $272k

ACAS base salary by experience

3 to 5 years: $126k median base, typically $113k to $138k
6 to 9 years: $150k median base, typically $134k to $164k
10 to 14 years: $167k median base, typically $149k to $182k
15+ years: $186k median base, typically $166k to $203k

Bonus and total pay

Bonus targets for a Fellow with 6 to 9 years at a P&C insurer usually run about 15 to 20% of base in the offers we see, so on the median base above that is roughly $27k to $37k, for total pay of about $210k to $220k. 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.

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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.