Business & Finance Huntsville, AL Pop. 216,963

Actuary Salary in Huntsville, Alabama

The median actuary salary in Huntsville, AL is $104,871 per year, which is 8% below the national median and 5.7% above the Alabama state average.

City Median
$104,871
vs State Avg
+$5,700
vs National
$-9,119
Cost of Living
92%

Actuary Salary in Huntsville by Experience

In Huntsville, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$64,400
$-5,600 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$161,000
$-14,000 vs national

Salary Percentiles in Huntsville, AL

Percentile Huntsville
10th Percentile $62,928
25th Percentile $80,224
Median (50th) $104,871
75th Percentile $138,920
90th Percentile $180,329

Actuary Salary in Other Alabama Cities

How to Become a Actuary in Huntsville

Education

Most actuary positions require a bachelor's degree. Huntsville and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Demand in Huntsville may vary based on local industry and population growth.

Find Actuary Jobs in Huntsville

Browse open actuary positions in Huntsville, AL:

Frequently Asked Questions: Actuary Salary in Huntsville

How much does a Actuary make in Huntsville, AL?
The median actuary salary in Huntsville, Alabama is $104,871 per year, which is 8% below the national median of $113,990. Salaries range from $62,928 (10th percentile) to $180,329 (90th percentile).
How much does a Actuary make per hour in Huntsville?
Based on the median annual salary of $104,871, a actuary in Huntsville earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Huntsville compare to the Alabama state average for actuary pay?
Huntsville's median actuary salary of $104,871 is 5.7% above the Alabama state average of $99,171. The local cost of living index is 92% of the national average.
What is the cost of living in Huntsville, AL?
Huntsville has a cost of living index of 92% compared to the national average. This means a actuary salary of $104,871 in Huntsville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Huntsville?
Most actuary positions in Huntsville require a bachelor's degree. Key skills include Statistical Modeling, Risk Assessment, Financial Mathematics, Excel/VBA. The job market is projected to grow 21% nationally over the next decade.