Business & Finance Alabama (AL) Rank #44 of 50

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.

Median Salary
$99,171
vs National
$-14,819
State Rank
#44 of 50
Cost of Living
87%

Actuary Salary Overview in Alabama (2026)

Alabama ranks #44 out of 50 states for actuary compensation. Actuary salaries in Alabama are below the national median, though the lower cost of living can offset the difference. At $99,171 per year, actuarys in Alabama earn $14,819 less than the national median of $113,990.

A key advantage of working in Alabama is its below-average cost of living (87% of the national index). This means the $99,171 salary has the purchasing power of roughly $113,990 in an average-cost area.

The salary spread in Alabama is significant: actuarys at the 10th percentile earn $59,508, while those at the 90th percentile bring home $170,529 — a $111,021 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alabama for this role is Huntsville, where the median reaches $104,871.

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Alabama and beyond.

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.

Entry Level (0-2 yrs)
$60,900
$-9,100 vs national
Mid Level (3-7 yrs)
$100,050
$-14,950 vs national
Senior Level (8+ yrs)
$152,250
$-22,750 vs national

Build Wealth on Your Income

With a $99,171 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.

See Investment Options →

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

Actuary Salary by City in Alabama

The largest employment areas for actuarys in Alabama include Birmingham, Huntsville, Montgomery, and Mobile. Salaries vary by city based on local cost of living and demand.

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

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

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.

Negotiate Your Way to Senior Pay

Data shows Actuarys who negotiate earn 7–15% more. A single negotiation could add $53,079 over your career trajectory.

Get Negotiation Scripts — $197 →

Open to Actuary Roles in Alabama?

Get matched with recruiters hiring actuarys in Alabama at competitive salaries.

Or browse positions directly:

Frequently Asked Questions: Actuary Salary in Alabama

How much does a Actuary make in Alabama? ▼
The median actuary salary in Alabama is $99,171 per year, which is 13% below the national median of $113,990. Salaries range from $59,508 (10th percentile) to $170,529 (90th percentile).
How much does a Actuary make per hour in Alabama? ▼
Based on the median annual salary of $99,171, a actuary in Alabama earns approximately $48 per hour assuming a standard 2,080-hour work year.
Is Alabama a good state for actuarys? ▼
Alabama ranks #44 out of 50 states for actuary pay. The cost of living index is 87% of the national average. Entry-level actuarys earn $60,900, while senior professionals earn $152,250.
How does Alabama compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Alabama's median of $99,171 ranks #44 nationally. Nearby-ranked states include Missouri ($100,311) and South Dakota ($100,311).
What is the entry-level actuary salary in Alabama? ▼
An entry-level actuary in Alabama earns approximately $60,900 per year. With 3-7 years of experience, pay increases to around $100,050. Senior-level professionals with 8+ years earn up to $152,250.
What city in Alabama pays actuarys the most? ▼
Huntsville is the highest paying city in Alabama for actuarys, with a median salary of $104,871. Other cities include Birmingham and Montgomery.