Actuaries
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
How to read this profile
BLS projects U.S. employment for Actuaries to increase by 9.2% between 2024 and 2034, from 31,200 to 34,100 jobs. Its estimate of 1,500 annual openings includes replacement needs, so it does not represent current vacancies, contract postings, or freelance demand. The wage ($130,000), education (Bachelor's degree), and related experience (None) figures on this profile describe typical U.S. employees. O*NET skills describe the occupation; they do not assess an individual worker's proficiency.
Base employment (2024)
31,200
Projected employment (2034)
34,100
Projected change (2024–2034)
9%
Annual openings (projected average)
1,500
Pay & Preparation
$130,000
Bachelor's degree
None
Long-term on-the-job training
Essential Skills
Mathematics (4.38/5) • Reading Comprehension (4.12/5) • Active Listening (4/5) • Critical Thinking (4/5) • Complex Problem Solving (4/5) • Judgment and Decision Making (4/5)
O*NET describes occupational requirements; these ratings do not measure current job-posting frequency or an individual worker’s proficiency.
BLS projections are long-term estimates; annual openings include growth and replacement needs and are not current vacancies.
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