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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
Seven County Mpls-St Paul, MN 47046$63.95/hr$39.04/hr$48.76/hr$52.43/hr$77.34/hr$91.00/hr


IndustryOES Employment (Statewide)OES Median Wage (Statewide)
Financial Activities390$51.66/hr
Professional and Business Services170$67.02/hr
Public AdministrationN/AN/A
 
Geography Click link for details EmploymentMedian WageProjections
% Change -10-
Central Minnesota N/AN/AN/A
Northeast Minnesota N/AN/AN/A
Southeast Minnesota N/A$64.52/hrN/A
Southwest Minnesota N/AN/AN/A
Duluth MN-WI MSA N/AN/AN/A
Fargo ND-MN MSA N/AN/AN/A
La Crosse WI-MN MSA N/AN/AN/A
Mankato-North Mankato MN MSA N/AN/AN/A
St Cloud MN MSA N/AN/AN/A
Southwest Balance of State N/AN/AN/A
Southeast Balance of State N/AN/AN/A
Seven County Mpls-St Paul, MN 470$52.43/hr23.9%
Minneapolis-St Paul-Bloomington MN-WI MSA 480$52.43/hrN/A
Minnesota 560$55.99/hrN/A


Occupations Click link for details EmploymentMedian WageProjections
% Change 2020-2030
Accountants and Auditors 27,490$38.67/hr4.4%
Financial Managers 14,300$64.41/hr15.5%
Financial Examiners N/A$41.17/hrN/A
Budget Analysts 480$39.90/hr3.1%
Survey Researchers N/A$31.51/hrN/A
Securities, Commodities, and Financial Services Sales Agents 7,530$40.46/hr6.7%
Personal Financial Advisors 6,310$40.37/hr4.9%
Economists 210$50.83/hr3.8%
Credit Analysts 1,750$39.24/hr-5.3%
Compensation, Benefits, and Job Analysis Specialists 1,530$39.09/hr7.8%


  • 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.