How to become an Actuary: education, training and skills.
The typical entry path BLS lists for the occupation, what O*NET publishes about experience, the skills to build first, and the stepping-stone roles that lead in.
- Education
- Bachelor's degree
- Related work experience
- None
- On-the-job training
- Long-term on-the-job training
O*NET publishes no worker survey of required education for this occupation; the education level shown is BLS's typical entry level.
BLS lists a bachelor's degree as the typical entry-level education for actuaries in the United States (Employment Projections, 2025–35), with no work experience in a related occupation and long-term on-the-job training (more than 12 months) to become competent. O*NET places the job in Job Zone 4 of 5 (considerable preparation); O*NET publishes no worker survey of required education for this occupation. Among workers O*NET surveyed, the most common answer for related work experience was “no related experience needed” (44%).
Data Government data groups this job as Actuaries (O*NET-SOC 15-2011.00). Figures on this page are for that occupation.
Steps to becoming an Actuary
Data Steps 1 to 3 are BLS Employment Projections data; skills and tools are O*NET; the last step is advice.
- EducationPlan for a bachelor's degree
The typical entry-level education BLS lists for the occupation (Employment Projections, 2025–35). Typical, not a legal requirement.
- TrainingExpect long-term on-the-job training (more than 12 months)
BLS's typical on-the-job training to become competent in the occupation.
- ExperienceRelated experience
BLS: no work experience in a related occupation is typical. Most common answer among workers O*NET surveyed: no related experience needed (44%).
- SkillsBuild the core skills
Mathematics, Reading Comprehension, Complex Problem Solving are rated most important (O*NET).
- ToolsLearn the tools
SAS, IBM SPSS Statistics, Microsoft Visio.
- CredentialsCheck licensing where you live
Many occupations need a state license or certification. Requirements vary by state, so confirm with your state's licensing board.
What workers report
Data Share of workers giving each answer, O*NET.
O*NET Job Zone 4 (Considerable Preparation Needed): A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.
Data Pay once you are in the job: the BLS median is $130,000; the lowest-paid quarter earn $97,680 or less. See the full Actuary salary data.
How this page is built
Typical entry-level education, related work experience and on-the-job training are BLS Employment Projections 2025–35 categories for the occupation (BLS: Actuaries). Job Zone, the experience and training shares, skills and tools come from O*NET 31.0; O*NET publishes no education survey for this occupation. Stepping-stone roles use our skill-match score: Skill match is the cosine similarity of the two occupations' skill profiles: for each of 35 O*NET skills (10 essential, 25 transferable) we multiply importance by level and subtract the average across all occupations, then compare the direction of the two profiles. 100 means identical shape; 0 means unrelated or opposite (negative values are shown as 0). Only occupations that O*NET itself lists as related are compared.
- Licensing rules in your state.
- Requirements at a specific employer.
- How long the path will take you personally.
- U.S. Bureau of Labor Statistics, Employment Projections program, Occupational projections, 2025–35 (released Aug 27, 2026; occupation.xlsx, Tables 1.2 and 1.10; retrieved Oct 25, 2026). Definitions.
- O*NET 31.0 Database, U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. TryHired selected, ranked and combined the data; O*NET is not responsible for these pages.
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).
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