As of February 01, 2025, the average annual salary for an Actuary I in Michigan is $80,559. Salary.com reports that pay typically ranges from $72,020 to $88,851, with most professionals earning between $64,246 and $96,401.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $90,022 | $7,502 | $1,731 | $43 |
| Average | $81,620 | $6,802 | $1,570 | $39 |
| 25th Percentile | $72,969 | $6,081 | $1,403 | $35 |
An entry-level Actuary I with under 1 year experience makes about $79,115. With less than 2 years of experience, a mid-level Actuary I makes around $79,991. After 2-4 years, the Actuary I pay rises to about $81,828. Those senior Actuary I with 5-8 years of experience earn roughly $82,196, and those Actuary I having 8 years or more experience are expected to earn about $82,441 on average.
| Levels | Salary |
|---|---|
| Entry Level Actuary I | $79,115 |
| Intermediate Level Actuary I | $79,991 |
| Senior Level Actuary I | $81,828 |
| Specialist Level Actuary I | $82,196 |
| Expert Level Actuary I | $82,441 |
| Entry Level | 3% |
| Mid Level | 2% |
| Senior Level | 0% |
| Top Level | 1% |
| Experienced | 1% |
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