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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.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.
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
| Agency | Employees Hired | Average Salary |
|---|---|---|
| Pension Benefit Guaranty Corporation | 92 | $114,654.14 |
| Centers for Medicare & Medicaid Services | 60 | $124,622.75 |
| Social Security Administration | 44 | $114,769.34 |
| Internal Revenue Service | 24 | $138,622.46 |
| Office of Personnel Management | 16 | $113,480.71 |
| Veterans Benefits Administration | 6 | $109,803.83 |
| Railroad Retirement Board | 4 | $155,755.50 |
| Departmental Offices | 3 | $148,619.33 |
| Immediate Office of Assistant Secretary for Policy & Planning | 3 | $134,753.00 |
| Department of Energy | 3 | $139,381.67 |
| Federal Emergency Management Agency | 3 | $145,908.00 |
| Assistant Secretary for Housing-Federal Housing Commissioner | 3 | $91,053.67 |
| Employment and Training Administration | 2 | $152,994.00 |
| National Center for Veterans Analysis and Statistics | 2 | $147,317.00 |
| Risk Management Agency | 1 | $166,653.00 |
| Employee Benefits Security Administration | 1 | $151,496.00 |
| U.S. Coast Guard | 1 | $107,325.00 |
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 |
|---|---|---|---|
| Physics | Professional and Scientific | GS-6 | GS-15 |
| Wage and Hour Investigation | Administrative and Management | GS-4 | GS-15 |
| Dental Assistant | Technical and Medical Support | GS-1 | GS-9 |
| Aerospace Engineering | Professional and Scientific | GS-6 | GS-15 |
| Chemistry | Professional and Scientific | GS-6 | GS-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.