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Actuary salary in Miami, FL
How much does an Actuary make in Miami, FL?
Average base salary
$148,400
5%
above national averageAverage $148,400
Low $96,401
High $228,449
The average salary for a actuary is $148,400 per year in Miami, FL. 8 salaries taken from job postings on Indeed in the past 36 months (updated July 21, 2026).
What Does an Actuary Do?
Actuaries are finance professionals who analyze financial risks in the insurance industry and related financial services, assessing the financial cost associated with uncertain future events. They help design insurance policies and determine what rates are appropriate for premiums. This requires the actuary to carefully balance the needs of remaining financially stable and being competitive in the industry. An actuary’s job responsibilities include:
- Designing new insurance policies, determining what coverage is included and the price for the policy
- Determining the probability and estimated cost of events like illnesses, injuries and accidents
- Evaluating reinsurance options and assist in assessing long-term financial impact for policyholders
- Presenting research findings to clients, shareholders, government officials and company executives
- Calculating how different insurance policies would pay out in various situations and creating charts to demonstrate them
- Consulting with market research analysts to determine the demand for new insurance products
Highest paying companies for Actuary in Miami, FL
Average year pay is based on job postings on Indeed in the past 36 months.ttg Talent Solutions, Inc.
$217,609per year
Ascendo Resources
$137,500per year
ChenMed
$116,554per year
Assurant
$82,917per year
Marsh
$77,500per year
AvMed
$76,500per year
Highest paying cities for Actuaries near Miami, FL
Where can an Actuary earn more?
Compare salaries for Actuaries in different locations
Frequently Asked Questions (FAQs) about Actuary