Pay by Role
Finance & Business · Canada

Actuary Salary in Ottawa, ON

The average actuary in Ottawa, ON earns $123,542 per year — about $8,401 /mo after a simplified national tax estimate. Actuaries use statistics to measure and price financial risk, especially in insurance.

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

After tax?

$100,811/yr

~18% effective national income tax on the median. Excludes most payroll/social levies and local taxes.

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Afford rent?

$1,652/mo 1BR

About 20% of estimated take-home — ~$4,899 leftover /mo after modeled costs. Modeled, not a listing.

Cost of living calculator →

Compared with…?

% vs Ottawa median (FX-adjusted abroad).

Average salary
$123,542
gross / year
Est. take-home
$100,811
~18% effective tax
Hourly equivalent
$59.30
based on 2,080 hrs/yr
vs. Canada avg
-31%
below average

Gross salary figures come from public labour-market data. Take-home, rent, savings, inflation, and trends are simplified models for research — not payroll, listings, or immigration advice. Methodology.

Actuary salary range in Ottawa

Pay varies with experience, employer, and specialization. Here is the typical distribution for this role in Ottawa, ON.

$68,47810TH$90,36225TH$123,542MEDIAN$168,72375TH$223,08290TH
Estimated pay distribution — the curve peaks at the median and widens with the pay range.
PercentileAnnual salary
10th percentile (entry)$68,478
25th percentile$90,362
Median (50th)typical$123,542
75th percentile$168,723
90th percentile (senior)$223,082

How does your salary compare?

Enter what you earn (or an offer) to see where it ranks for a actuary in Ottawa, ON.

Your percentile
50th

$123,542 puts you in the 50th percentile. You earn more than about 50% of actuarys in Ottawa, ON. That’s right around the typical pay for this role.

$68,478$123,542$223,082

Salary insights

A typical actuary in Ottawa, ON earns about $175,000 a year and pays about 31% below the Canada average. Living costs sit near the global baseline (COL index 100). After a simplified tax estimate, typical rent, and everyday costs, a median earner might keep around $6,940 per month. Relative to the national median (a common remote/location-flexible benchmark), this city pays less by about 31%. An illustrative model tied to local inflation and the role’s outlook suggests pay has risen about 20% over the last few years. Treat every figure as an estimate for research — not a personal offer or immigration advice.

Data-grounded summary from this page’s pay, COL, tax, and trend models — not a generative essay unrelated to the figures.

Cost of living, rent & savings

Ottawa’s cost of living is 100 vs. a baseline of 100 (US national average). After adjusting for local prices, the median actuary salary is worth about $123,542 in baseline-priced terms.

Est. rent (1BR)
$1,652/mo
Other living costs
$1,850/mo
Savings potential
$4,899/mo after tax & costs

Rent and leftover use a COL-scaled single-adult model and the same simplified tax estimate as above (Canada federal income tax only; excludes provincial tax and CPP/EI.). Adjust assumptions in the COL calculator.

Inflation

Approximate recent consumer-price inflation in Canada is about 2.4% per year. Use the inflation calculator to adjust a past salary or offer for purchasing power.

Remote equivalent

The Canada national median for this role is about $177,901— a common benchmark for remote or location-flexible offers. Local Ottawa pay is 31% lower.

Historical trend

Illustrative median pay over the last few years — about +20% across the window.

$103,211
2022
$107,941
2023
$112,882
2024
$118,106
2025
$123,542
2026

Illustrative model based on approximate inflation and the role’s long-term outlook — not a surveyed year-by-year history.

Visa information

Express Entry / work permit

Skilled workers often use Express Entry (CRS points) or an employer-supported work permit; many tech roles score well when language and education criteria are met.

Difficulty for typical skilled hires: moderate. General orientation only — confirm on the official Canada immigration site before relocating or accepting an offer.

Compare Actuary pay

See how a actuary stacks up against similar finance & business roles in Canada.

What’s your take-home?

Calculator opens with this page’s median ($123,542) and Canada tax model — tweak hours, period, or offer amount.

Actuary salary in other Canada cities

Same role, different city — % gap is vs Ottawa.

CityMedian
Winnipeg, MB$177,901/yr
Québec, QC$177,901/yr
Halifax, NS$177,901/yr
Victoria, BC$177,901/yr
Kitchener, ON$177,901/yr
Burnaby, BC$177,901/yr
Longueuil, QC$177,901/yr
Regina, SK$177,901/yr

Actuary salary in other countries

Capital/largest city sample for each market. % gap converts foreign medians into CAD before comparing with Ottawa.

CountryLocal median
Switzerland flagSwitzerlande.g. Zürich$232,302/yr
Indonesia flagIndonesiae.g. Jakarta$20,280/yr
Vietnam flagVietname.g. Hanoi$21,511/yr
Argentina flagArgentinae.g. Buenos Aires$20,846/yr
India flagIndiae.g. Mumbai$25,866/yr
Philippines flagPhilippinese.g. Quezon$26,807/yr
South Africa flagSouth Africae.g. Johannesburg$36,813/yr
Thailand flagThailande.g. Bangkok$39,892/yr
Colombia flagColombiae.g. Bogotá$39,504/yr
Norway flagNorwaye.g. Oslo$201,456/yr

Related Finance & Business jobs in Ottawa

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Browse live job openings for this role, or close the skills gap that separates the median from the top percentiles.

Calculators and comparisons to dig into take-home pay, living costs, and period conversions.

Frequently asked questions

What is the average actuary salary in Ottawa, ON?
The average actuary salary in Ottawa, ON is about $175,000 per year, or roughly $84.00 per hour.
What is the salary range for a actuary in Ottawa, ON?
Most actuary salaries in Ottawa, ON fall between $97,000 (entry level) and $316,000 (senior level). The 25th–75th percentile band is $128,000 to $239,000.
How much does a actuary make per month in Ottawa, ON?
A typical actuary in Ottawa, ON earns about $14,600 per month before tax, based on the annual median of $175,000.
How does Ottawa, ON pay compare to the Canada average?
Ottawa, ON pays about 31% below the Canada average for a actuary.
What is the cost-of-living-adjusted actuary salary in Ottawa, ON?
After adjusting for local prices (cost-of-living index 100, where 100 is the US baseline), the median actuary salary in Ottawa, ON is worth roughly $175,000 in US-baseline terms.
What skills do actuarys need?
Common skills for a actuary include Statistics, Modeling, Probability, Excel, Reporting. Actual requirements vary by employer and seniority.
Is actuary a growing career?
Employment for actuary roles is projected to change by about +22% over the next decade. Local demand in Ottawa, ON can differ from the national outlook.
What is take-home pay for a actuary in Ottawa, ON?
A simplified national income-tax estimate puts median take-home near $142,801 per year (about $11,900 per month), or roughly 18% effective tax on the gross median. Real net pay varies with local taxes, benefits, and filing status.
How much rent might a actuary pay in Ottawa, ON?
A modeled modest 1-bedroom runs about $2,340 per month in Ottawa, ON, scaled from a US baseline by the local cost-of-living index (100). Actual listings vary by neighborhood and size.
Where do these Ottawa, ON salary figures come from?
Figures on Pay by Role are aggregated from public labour-market salary APIs, shown in CAD, and refreshed periodically. They are estimates for informational purposes only and are not a guarantee of individual pay.