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Actuarial Analyst salary in Canada

Average Yearly Salary of Actuarial Analyst in Canada is approximately 70,024 CAD (70,020 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Actuarial Analyst do?

occupation personasAn actuarial analyst is a professional who uses mathematical and statistical techniques to analyze and assess potential risks in various industries, primarily insurance and finance. They collect and analyze data, develop models and algorithms, and interpret findings to provide insights and recommendations for decision-making. Actuarial analysts are responsible for estimating the probability and potential impact of certain events, such as accidents, illnesses, or natural disasters, on the financial stability of organizations. They also help design and price insurance policies, evaluate investment strategies, and ensure regulatory compliance.

Skills: actuarial analysis, risk assessment, statistical modeling, data analysis, insurance industry, financial analysis
Job industry: Insurance


How much does Actuarial Analyst make?

Salary details
How much does Actuarial Analyst make?
Estimated Yearly Salary: 70,024 CAD
Estimated Monthly Salary: 5,835 CAD
Estimated Weekly Salary: 1,347 CAD per week
Estimated Hourly Salary: 34 CAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 67,540 CAD
Estimated Monthly Salary: 5,628 CAD
Estimated Weekly Salary: 1,299 CAD per week
Estimated Hourly Salary: 32 CAD per hour
Last revision of data: 2024-01-02



Actuarial Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 70,020 USD
Estimated Monthly Salary: 5,835 USD
Estimated Weekly Salary: 1,347 USD per week
Estimated Hourly Salary: 34 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Canada is a vast country located in North America. It has a population of approximately 38 million people, making it the second-largest country by land area and the tenth-largest by population. With a total area of about 9.98 million square kilometers, Canada is known for its breathtaking landscapes, including mountains, forests, lakes, and coastlines.

Estimated national average yearly salary is 70,966 CAD (52,960 USD). Value indicated is pre-tax. Below graph shows estimated Actuarial Analyst job salary compared to average salary in Canada.
Comparison shows that a person working as Actuarial Analyst in Canada earns on average:
0.99 times the average salary (or 99% of average salary).

Is Actuarial Analyst a well paid job?

Yes, our data show that Actuarial Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Actuarial Analyst?

High salary for Actuarial Analyst would be somewhere between 77,026 CAD and 101,535 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Actuarial Analyst in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 70,024 CAD
Estimated Monthly Salary: 5,835 CAD
Estimated Weekly Salary: 1,347 CAD per week
Estimated Hourly Salary: 34 CAD per hour
By working as Actuarial Analyst a person can save up to 3,717 USD per month or 44,599 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Actuarial Analyst

United States Of America is 75,073 USDup arrow 7%
Details on Actuarial Analyst salary in United States Of America
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Canada

(552,602 CAD per year, pre-tax.)
(460,219 CAD per year, pre-tax.)
(446,188 CAD per year, pre-tax.)
(430,825 CAD per year, pre-tax.)
(430,370 CAD per year, pre-tax.)
(421,037 CAD per year, pre-tax.)
(420,203 CAD per year, pre-tax.)
(419,967 CAD per year, pre-tax.)
(419,948 CAD per year, pre-tax.)
(419,552 CAD per year, pre-tax.)

Data as of 2025

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The salary data presented here are intended for informational purposes solely.
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This website compiles salary data for educational purposes only. While we endeavor to deliver correct estimates, we cannot ensure their absolute reliability. Users are strongly encouraged to consult additional databases before finalizing career-related plans. Salary amounts vary based on multiple factors, such as industry trends, negotiation power, and regional demand. We do not offer any guarantees as to the validity of the listed information. Your access of this site acknowledges agreement of this notice.