Group Chief Actuary information
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$48.2K - $63.5K
3% of jobs
$63.5K - $78.7K
9% of jobs
$93.9K is the 25th percentile. Wages below this are outliers.
$78.7K - $93.9K
12% of jobs
$93.9K - $109.1K
14% of jobs
The median wage is $119.3K / yr.
$109.1K - $124.4K
16% of jobs
$124.4K - $139.6K
14% of jobs
$145.9K is the 75th percentile. Wages above this are outliers.
$139.6K - $154.8K
13% of jobs
$154.8K - $170K
11% of jobs
$170K - $185.3K
5% of jobs
$185.3K - $200.5K
1% of jobs
How much do group chief actuary jobs pay per year?
As of Sep 12, 2026, the average yearly pay for group chief actuary in the United States is $124,409.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,000.00 and $146,000.00 per year, depending on experience, location, and employer.
A Group Chief Actuary is the senior executive responsible for overseeing all actuarial functions across an organization, typically within an insurance or financial services group. Their duties include leading risk assessment, ensuring regulatory compliance, developing pricing strategies, and guiding the company's financial health through data-driven insights. They also play a strategic role in mergers, acquisitions, and capital management, and often advise the board and executive team on risk and financial matters. This position requires strong analytical skills, leadership abilities, and deep expertise in actuarial science and financial regulations.
To thrive as a Group Chief Actuary, you need advanced actuarial credentials (such as Fellowship status), deep expertise in risk management and financial modeling, and substantial experience in insurance or reinsurance. Mastery of actuarial software, financial reporting systems (like IFRS 17 or Solvency II), and data analytics tools is typically required. Exceptional leadership, strategic thinking, and communication skills help drive effective decision-making and cross-functional collaboration at the executive level. These skills and qualities are crucial for guiding organizational risk strategy, ensuring regulatory compliance, and supporting sustainable business growth.
One of the primary challenges for a Group Chief Actuary is ensuring consistency in actuarial methodologies and regulatory compliance across diverse regions or subsidiaries. This role often requires balancing local market practices with global standards while fostering collaboration among geographically dispersed teams. Additionally, the Group Chief Actuary must effectively communicate complex actuarial findings to executive leadership and adapt to rapidly evolving regulatory environments. Building a cohesive culture and maintaining high-quality controls across all teams are crucial for success in this position.
More about Group Chief Actuary jobs What are popular job titles related to Group Chief Actuary jobs?
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