Actuary Salary in Alabama
The median actuary salary in Alabama is $99,171 per year, which is 13% below the national median of $113,990.
Actuary Salary in Alabama by Experience
In Alabama, an entry-level actuary earns around $60,900, while experienced professionals earn up to $152,250 per year. The cost of living index in Alabama is 87% of the national average.
Salary Percentiles in Alabama
| Percentile | AL Salary |
|---|---|
| 10th Percentile | $59,508 |
| 25th Percentile | $75,864 |
| Median (50th) | $99,171 |
| 75th Percentile | $131,370 |
| 90th Percentile | $170,529 |
Major Cities for Actuarys in Alabama
The largest employment areas for actuarys in Alabama include Birmingham, Huntsville, Montgomery, and Mobile. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Actuary in Alabama
Education
Most actuary positions require a bachelor's degree. Alabama has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Alabama
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Alabama's demand may vary based on local industry trends.