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Career comparison · BLS OEWS May 2025 · BLS projections 2025–35 · O*NET® 31.0

Actuary vs Accountant: pay, outlook, education and work, side by side.

Every row comes from one named source and says which career leads on that one dimension. There is no overall score.

Updated Nov 1, 2026 · Data: BLS OEWS May 2025 · BLS projections 2025–35 · O*NET 31.0
Quick answer

Actuary vs Accountant: BLS classifies them as different occupations (SOC 15-2011 and 13-2011). The national median annual wage is $130,000 for actuaries and $83,680 for accountants (BLS, May 2025). BLS projects national employment to change +9.2% for actuaries and +5.0% for accountants from 2025 to 2035. Typical entry-level education: Bachelor's degree vs Bachelor's degree. Which fits better depends on what you value; the table shows who leads on each dimension, with no overall winner.

Decision matrix

Side by side

Data Differences smaller than a stated threshold read “About the same” (pay 5%, growth 2 points, openings 10%, one education level, ORS 10 points, O*NET 0.2).

Pick what matters to you; the matching rows are highlighted. Nothing is combined into a score.

Actuary vs Accountant comparison
Dimension · sourceActuarySOC 15-2011AccountantSOC 13-2011Leads on this dimension
Median annual wageBLS OEWS, May 2025 (national)$130,000$83,680Actuary
EmploymentBLS OEWS, May 202526,6701,449,500Not ranked
Projected employment change, 2025–35BLS Employment Projections (national)+9.2%+5.0%Actuary
Projected numeric change in jobs, 2025–35BLS Employment Projections (national) · A count, not a rate: it scales with the size of the occupation.+2,900 jobs+79,400 jobsNot ranked
Projected openings (annual average)BLS Employment Projections, 2025–351,500 a year115,300 a yearAccountant
Typical entry-level educationBLS Employment Projections · typical, not a legal requirementBachelor's degreeBachelor's degreeAbout the same
Typical work experience in a related occupationBLS Employment ProjectionsNoneNoneAbout the same
Typical on-the-job trainingBLS Employment ProjectionsLong-term on-the-job trainingNoneNot ranked
Pressure level (O*NET, 1–5; lower = less)O*NET® 31.0 work context2.442.92Actuary
Social-contact level (O*NET, 1–5)O*NET® 31.0 work context · not ranked: neither direction is better3.413.62Not ranked
Freedom to make decisions (O*NET, 1–5)O*NET® 31.0 work context4.063.76Actuary
Work styles O*NET rates most importantO*NET® 31.0 work styles (occupation ratings, not a personality test)Attention to Detail, Cautiousness, DependabilityAttention to Detail, Integrity, DependabilityNot ranked
Which may suit you

Choose based on what matters to you

Data Each line restates a measured difference from the table; nothing here predicts how you will feel about a job.

Actuary may suit you better if…
  • higher median pay matters most ($130,000 vs $83,680)
  • faster projected national growth matters (+9.2% vs +5.0%)
  • a lower-pressure work environment matters (2.44 vs 2.92)
  • more decision-making freedom matters (4.06 vs 3.76)
Skills

Which skills each one leans on

Data O*NET 31.0 skill ratings: level (0–7) and importance.

Skill-profile match: 53% (similarity of the two O*NET skill profiles, importance × level; 100% = identical).

Actuary leans more on
  • Operations Analysis (+2.1 on O*NET's 0–7 skill-level scale)
  • Systems Analysis (+2.0 on O*NET's 0–7 skill-level scale)
  • Programming (+2.0 on O*NET's 0–7 skill-level scale)
  • Science (+1.8 on O*NET's 0–7 skill-level scale)
Accountant leans more on
  • Operations Monitoring (+0.5 on O*NET's 0–7 skill-level scale)
  • Service Orientation (+0.4 on O*NET's 0–7 skill-level scale)
  • Management of Financial Resources (+0.4 on O*NET's 0–7 skill-level scale)
  • Social Perceptiveness (+0.2 on O*NET's 0–7 skill-level scale)
The work

What each career involves

Data Core tasks from O*NET 31.0.

Actuary

  • Analyze data to determine premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
  • Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
  • Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
  • Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.

Accountant

  • Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • Process invoices for payment.
  • Review accounts for discrepancies and reconcile differences.
  • Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting, or other tax requirements.
Where they work

Largest employing industries

Data Share of all jobs in each occupation, BLS Employment Matrix 2025.

Actuary

  • Insurance carriers and related activities (76.9% of all jobs in this occupation)
  • Professional, scientific, and technical services (12.5% of all jobs in this occupation)
  • Management of companies and enterprises (3.4% of all jobs in this occupation)

Accountant

  • Professional, scientific, and technical services (30.4% of all jobs in this occupation)
  • Government, excluding state and local education and hospitals (8.0% of all jobs in this occupation)
  • Management of companies and enterprises (6.1% of all jobs in this occupation)
Switching

Moving between these careers

Data The comparison shows which; the career-change guides show how.

  • Actuary → Accountant: skills to build: no skill rated half a point higher.
  • Accountant → Actuary: skills to build: Operations Analysis, Systems Analysis, Programming. Careers after Accountant
Explore each career

Go deeper

Actuary career hub · Actuary salary · Accountant career hub · Accountant salary · Accountant career change

FAQ

Common questions

Which pays more, Actuary or Accountant?
By BLS May 2025 national median: Actuary $130,000, Accountant $83,680.
Which is growing faster?
BLS projects 2025–35 national employment change of +9.2% (Actuary) and +5.0% (Accountant). Growth is not the same as job security or ease of hiring.
Which is better?
Neither, overall. Each dimension above has its own leader; which matters most depends on you.
Method

How this page is built

BLS classifies them as different occupations (SOC 15-2011 and 13-2011). Pay: BLS OEWS May 2025 national median for each occupation's SOC code. Outlook: BLS Employment Projections 2025–35 (growth, numeric change and annual openings are separate metrics). Requirements rows: 2025 preliminary BLS Occupational Requirements Survey, shown only when both roles have detailed-occupation estimates. Work environment: O*NET 31.0 work context. This page includes information from the O*NET® 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. TryHired has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. Searches this page answers include “actuary vs accountant salary”, “auditor vs actuary”, “accountant vs actuary salary” (Ahrefs, U.S.).

What this page can't tell you
  • Any one employer's pay, schedule or culture.
  • Job security, ease of hiring or work-life balance: these are not measured here.
  • Which career you will prefer: the rows describe the occupations, not you.
Sources
  1. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).
  2. U.S. Bureau of Labor Statistics, Employment Projections program, 2025–35 national projections (growth, openings, typical entry-level education and experience).
  3. 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.
  4. U.S. Bureau of Labor Statistics, Occupational Requirements Survey, 2025 estimates (preliminary: two of the third wave's samples, collected August 2023 to July 2025; released January 16, 2026), public domain.
  5. U.S. Bureau of Labor Statistics, Employment Projections program, 2025–35 National Employment Matrix (all jobs, including self-employed).