Actuary vs Credit Analyst: Which Pays More?
Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.
Actuary
Use statistics and mathematics to assess financial risk in insurance and finance.
Credit Analyst
Assess the creditworthiness of individuals, businesses, or securities.
Actuary earns more on average — the national median is $27,260/year (27%) higher than a Credit Analyst. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
Actuary vs Credit Analyst — Salary by City
National median figures in USD across top cities.
| City | Actuary | Credit Analyst | Difference |
|---|---|---|---|
| San Francisco, CA | $189,793 | $147,763 | Actuary +$42,030 |
| New York, NY | $158,465 | $122,799 | Actuary +$35,666 |
| Seattle, WA | $180,437 | $145,989 | Actuary +$34,448 |
| Austin, TX | $142,664 | $117,209 | Actuary +$25,455 |
| Chicago, IL | $140,783 | $113,542 | Actuary +$27,241 |
| Boston, MA | $172,745 | $131,570 | Actuary +$41,175 |
| London, UK | £102,352 | £82,286 | Actuary +$20,066 |
| Toronto, Canada | CA$170,449 | CA$133,012 | Actuary +$37,437 |
Frequently Asked Questions
Does a Actuary or Credit Analyst earn more?+
A Actuary earns more on average. The national median salary for a Actuary is $130,000/year, compared to $102,740/year for a Credit Analyst — a difference of $27,260 (27%).
Which has better career growth — Actuary or Credit Analyst?+
Actuary roles are growing at 20% YoY while Credit Analyst demand is growing at 8% YoY. Actuary has stronger near-term demand growth.
Can you switch from Actuary to Credit Analyst?+
Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: analytical thinking, communication, and industry knowledge.
Which is harder to automate — Actuary or Credit Analyst?+
Actuary has a lower AI automation risk (45% vs 52%). Based on Oxford Martin School and McKinsey 2023 analysis.