Actuaries (15-2011)

Occupation description:  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.

For an explanation of the data, click on the question mark next to the heading.

Employment and Job Openings   (click here for the 10-year forecast)

  Average employment Average annual openings
  2014 estimate2024 projectionPercent change GrowthReplacementTotal
Alaska n/an/an/a n/an/an/a
United States 24,60029,000 18.1440 7301,170

Job outlook

  • Alaska: The job outlook for Alaska is not available.


2016 Wages

  Mean Wage Wage by Percentile
  Mean10th25th Median75th90th
United States 54.8728.3235.81 48.3767.4089.54

Labor Force Indicators

2016 Worker Characteristics
Total workersNonresident workers Percent nonresidentPercent age 45 plusPercent age 50 plus
61 16.740.0 40.0
2016 Potential Supply
Qualified but working in another occupation1
Currently employed in a lower paid occupation1
UI claimants previously working in occupation0
2016 ALEXsys Employment Data
Number of registrants 31
Number of job position postings 0
Ratio of registrants to job position postings 0.0

Typical Entry-level Education, Experience, and/or On-the-job Training

Education: Bachelor’s degree Work experience: None On-the-job training: Long-term on-the-job training

Training Resources

 Degree
University of Alaska Fairbanks   (Fairbanks)
Statistics BS
Statistics GCRT
Statistics MS