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Occupational Employment Statistics


DETAILED OCCUPATION DATA

15-2011 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.

Geography Click link for Career Profile EmploymentEmp SE*Percentiles
Mean10th25thMedian75th90th
Minnesota 1,170253$68.21/hr$39.50/hr$48.60/hr$63.31/hr$82.02/hr>$100/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Financial Activities800$67.73/hr
Professional and Business Services370$51.46/hr
Education and Health ServicesN/AN/A
Public AdministrationN/AN/A
 
Geography Click link for details EmploymentMedian WageProjections
% Change -10-
Northwest Minnesota N/AN/AN/A
Southeast Minnesota N/AN/AN/A
Duluth MN-WI MSA N/AN/AN/A
Northeast Balance of State N/AN/AN/A
Southwest Balance of State N/AN/AN/A
La Crosse WI-MN MSA N/AN/AN/A
Southeast Balance of State N/AN/AN/A
Mankato-North Mankato MN MSA N/AN/AN/A
Rochester MN MSA N/AN/AN/A
St Cloud MN MSA N/AN/AN/A
Central Minnesota N/AN/AN/A
Northeast Minnesota N/AN/AN/A
Northwest Balance of State N/AN/AN/A
Southwest Minnesota 10$52.41/hrN/A
Fargo ND-MN MSA 10$55.63/hrN/A
Seven County Mpls-St Paul, MN 1,010$62.26/hr24.3%
Minneapolis-St Paul-Bloomington MN-WI MSA 1,020$62.26/hrN/A
Minnesota 1,170$63.31/hrN/A


Occupations Click link for details EmploymentMedian WageProjections
% Change 2024-2034
Accountants and Auditors 30,530$39.89/hr2.8%
Financial Managers 16,680$79.88/hr13.1%
Financial Examiners 1,280$50.96/hr15.5%
Budget Analysts 450$42.02/hr1.8%
Survey Researchers 340$51.51/hrN/A
Securities, Commodities, and Financial Services Sales Agents 8,820$40.44/hr2.2%
Personal Financial Advisors 5,280$50.19/hr8.3%
Economists 500$51.95/hr3.2%
Credit Analysts 1,110$40.40/hr-6.4%
Compensation, Benefits, and Job Analysis Specialists N/A$38.51/hrN/A


  • Provide advice to clients on a contract basis, working as a consultant.
  • Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
  • Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
  • Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings.
  • Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  • Provide advice to clients on a contract basis, working as a consultant.
  • Provide advice to clients on a contract basis, working as a consultant.
  • Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
  • Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  • Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.