There are currently an estimated 23,600 actuaries in the United States. The actuary job market is expected to grow by 22.5% between 2016 and 2026.

How employable are actuaries?

CareerExplorer rates actuaries with a C employability rating, meaning this career should provide moderate employment opportunities for the foreseeable future. Over the next 10 years, it is expected the US will need 10,000 actuaries. That number is based on 5,300 additional actuaries, and the retirement of 4,700 existing actuaries.

What’s the supply of actuaries?

The actuary industry is concentrated in New York, Pennsylvania, Illinois

Actuary job market by state

State Name Employed Actuaries
New York 2,580
Pennsylvania 1,450
Illinois 1,320
California 1,200
Ohio 1,190
Massachusetts 1,140
Texas 1,080
Connecticut 790
Wisconsin 650
New Jersey 640
Iowa 640
Florida 560
Michigan 550
Maryland 460
Missouri 430
Kansas 400
Nebraska 390
North Carolina 340
Washington 330
Minnesota 330
Georgia 210
Virginia 210
Oregon 210
Indiana 200
District of Columbia 170
Kentucky 160
Arizona 160
Utah 150
Colorado 140
Rhode Island 130
Maine 110
Vermont 90
Alabama 80
New Hampshire 80
Mississippi 60
Arkansas 40
Delaware 30
Puerto Rico 30