Actuarial Scientist - Federal Salaries of 2016

Pay Rates for "Actuarial Scientist"

How much does an Actuarial Scientist in the federal government get paid? $123,959.22* *Based on the 2016 average.
270 EMPLOYEES
$33.47M TOTAL SALARY
GS MOST COMMON PAYSCALE

Actuarial Scientist was the 312th most popular job in the U.S. Government in 2016, with 270 employed. The most common payscale was the general schedule payscale.

In 2016, the Pension Benefit Guaranty Corporation hired the most employees titled Actuarial Science, with an average salary of $114,654.

Government Actuarial Science jobs are classified under the General Schedule (GS) payscale. The minimum paygrade for a Actuarial Science job is GS-6, and the highest paygrade that can be attained within this job series is GS-15. Remember that the starting and maximum yearly pay listed above reflect base pay only - your actual salary will be higher based on the Locality Pay Adjustment for the area in which you work.

Job Description

Science, technology, engineering, and mathematics (STEM) professions fall under this job category. Due to the growing focus of them STEM fields, individuals in this job category tend to advance more quickly than employees in the other job categories. Jobs in this category are being added quickly and many organizations have trouble finding qualified individuals. Individuals in this job category typically recieve pormotions of 2 grade increases at a time until they reach GS-12.

Agencies that have hired an Actuarial Scientist

Actuarial Scientist Pay Distribution

The average pay for an Actuarial Scientist is $123,959.22. The highest paid Actuarial Scientist made $185,100 in 2016.

Common Actuarial Scientist Payscales

Payscale Number of Actuarial Science Employees
GS - General Schedule 251
ES - Senior Executive Service 8
SL - Senior Level Positions 6
EF - Consultant (5 U.s.c. 3109) 3
GM - Emp Covered By Pmrs Termination Provisns 1
IR - Irs Broadband Class And Pay System Pos 1

Starting Paygrade: $31,819.00 / year base pay at paygrade GS-6, Step 1
Maximum Paygrade: $134,776.00 / year base pay at paygrade GS-15, Step 10
Category: Professional and Scientific
Occupation Family: 1500 MATHEMATICAL SCIENCES GROUP

Other Jobs at the GS-6 Paygrade

GS-6 is the starting paygrade for Actuarial Science jobs. Here are some other Federal Government jobs that can be held by employees at the GS-6 paygrade.

Occupation Occupation Category Starting Paygrade Maximum Paygrade
PhysicsProfessional and ScientificGS-6GS-15
Wage and Hour InvestigationAdministrative and ManagementGS-4GS-15
Dental AssistantTechnical and Medical SupportGS-1GS-9
Aerospace EngineeringProfessional and ScientificGS-6GS-15
ChemistryProfessional and ScientificGS-6GS-15

Average Actuarial Science Pay Trend from 2004 to 2016

In 2004, the average pay for an Actuarial Scientist was $95,117. Since then, the average pay has increased to $123,959 in 2016.


Data Sources

The information provided on these pages is sourced from the Office of Personnel Management (OPM) Enterprise Human Resources Integration (EHRI) dataset. Postal Service data is managed exclusively by the USPS . All information is displayed unmodified and as provided by the source agency.

Federal employee salaries are public information under open government laws (5 U.S.C. § 552). FederalPay provides this data in the interest of government transparency — employee data may not be used for commercial soliciting or vending of any kind. Learn more about the FederalPay Employees Dataset here.

The series code of this occupation is 1510.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/employees/occupations/actuarial-science