Senior Actuary Salary in Moorhead, MN: $196,991 (2026)

Salaries for experienced actuaries in Moorhead, Minnesota, present a substantial opportunity for those at the pinnacle of their field. In 2026, the median annual salary is projected to be $127,091, but top earners can achieve impressive figures, with the 90th percentile (P90) reaching $196,991 and the 75th percentile (P75) at $161,012. This significant gap between the median and the highest salaries reflects the experience premium associated with advanced actuarial roles. Attaining such top-tier pay requires not only extensive industry knowledge but also specialized expertise and continued success in complex actuarial functions.

For those aiming for senior actuary pay in MN, certain specializations yield higher compensation, including life and annuity, health, property and casualty, and enterprise risk management. Compensation varies greatly depending on the employer type; for instance, actuarial professionals in consulting firms like Mercer or Aon typically command higher salaries compared to those in traditional insurance roles with companies like State Farm or Allstate. Advancement pathways often begin from actuarial analyst positions and can lead to roles such as managing actuary or chief actuary, facilitated by progression through relevant examination milestones. Achieving credentials such as ASA and FSA not only elevates professional standing but also significantly boosts earning potential. With a projected growth rate of 3.20%, Moorhead's actuarial market remains robust, offering advanced practitioners a promising outlook for their careers in the coming years.