Pay by Role
Canada · Salary comparison

Actuary vs Management Consultant salary

In Canada, a actuary earns about 6% more than a management consultant $177,901 vs $167,311 per year.

Showing amounts in USD (USD default; source data is CAD). FX as of Mon, 13 Jul 2026 00:02:31 +0000. Convert currencies

Pays more
Finance & Business
Actuary
$177,901/yr
Monthly
$14,825
Hourly
$85
Range
$117,047$252,238
10-yr outlook
+22%
Finance & Business
Management Consultant
$167,311/yr
Monthly
$13,978
Hourly
$80
Range
$92,057$259,368
10-yr outlook
+10%

Pay range, side by side

PercentileActuaryManagement Consultant
Entry (10th)$117,047$92,057
25th$147,474$129,684
Median$177,901$167,311
75th$215,105$213,340
Senior (90th)$252,238$259,368

National Canada figures in CAD. Individual pay varies with experience, employer, and location.

More Finance & Business comparisons

Frequently asked questions

Does a actuary or management consultant earn more in Canada?
A actuary earns more, at about $252,000 per year vs $237,000 for a management consultant — roughly 6% ($15,000) more.
What is the salary range for these roles in Canada?
A actuary typically earns $165,800–$357,300, while a management consultant earns $130,400–$367,400 per year.
How much do these jobs pay per month in Canada?
On a monthly basis before tax, a actuary averages about $21,000 and a management consultant about $19,800.
How do entry-level salaries compare?
At the 10th percentile in Canada, a actuary earns about $165,800 while a management consultant earns about $130,400 per year.
How do senior-level salaries compare?
At the 90th percentile in Canada, a actuary earns about $357,300 while a management consultant earns about $367,400 per year.
Are actuary and management consultant similar careers?
Both roles sit in the Finance & Business category on Pay by Role, which is why we compare them head-to-head. Day-to-day work still differs — review each job page for skills and outlook.