That absolutely makes no sense. Actuary's regularly start in the $70,000 - $80,000 range and can definitely move into the $200,000 range of salary without dipping into any management. I guess there are jobs which make more. But I don't know a lot of them.
SWE make more than that easily and is a much easier field to learn than passing actuary exams.
Can you substitute the fictitious "elsewhere" with an actual suggestion, per the thread?