Actuary vs Treasury 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.
Treasury Analyst
Manage cash flow, liquidity, and financial risk for corporate treasury.
Actuary earns more on average — the national median is $27,260/year (27%) higher than a Treasury Analyst. However, salaries vary significantly by city, employer, and experience level — see the city-by-city breakdown below.
Actuary vs Treasury Analyst — Salary by City
National median figures in USD across top cities.
| City | Actuary | Treasury Analyst | Difference |
|---|---|---|---|
| San Francisco, CA | $189,793 | $146,051 | Actuary +$43,742 |
| New York, NY | $158,465 | $122,304 | Actuary +$36,161 |
| Seattle, WA | $180,437 | $149,231 | Actuary +$31,206 |
| Austin, TX | $142,664 | $117,079 | Actuary +$25,585 |
| Chicago, IL | $140,783 | $108,952 | Actuary +$31,831 |
| Boston, MA | $172,745 | $134,405 | Actuary +$38,340 |
| London, UK | £102,352 | £79,386 | Actuary +$22,966 |
| Toronto, Canada | CA$170,449 | CA$140,334 | Actuary +$30,115 |
Frequently Asked Questions
Does a Actuary or Treasury 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 Treasury Analyst — a difference of $27,260 (27%).
Which has better career growth — Actuary or Treasury Analyst?+
Actuary roles are growing at 20% YoY while Treasury Analyst demand is growing at 10% YoY. Actuary has stronger near-term demand growth.
Can you switch from Actuary to Treasury 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 Treasury Analyst?+
Actuary has a lower AI automation risk (45% vs 60%). Based on Oxford Martin School and McKinsey 2023 analysis.