Business & Finance Mobile, AL
Pop. 187,041
Actuary Salary in Mobile, Alabama
The median actuary salary in Mobile, AL is $96,892 per year, which is 15% below the national median and 2.3% below the Alabama state average.
City Median
$96,892
vs State Avg
$-2,279
vs National
$-17,098
Cost of Living
85%
Actuary Salary in Mobile by Experience
In Mobile, an entry-level actuary earns around $59,500, while experienced professionals earn up to $148,750 per year. The local cost of living index is 85% of the national average.
Entry Level (0-2 yrs)
$59,500
$-10,500 vs national
Mid Level (3-7 yrs)
$97,750
$-17,250 vs national
Senior Level (8+ yrs)
$148,750
$-26,250 vs national
Salary Percentiles in Mobile, AL
| Percentile | Mobile |
|---|---|
| 10th Percentile | $58,140 |
| 25th Percentile | $74,120 |
| Median (50th) | $96,892 |
| 75th Percentile | $128,350 |
| 90th Percentile | $166,609 |
Actuary Salary in Other Alabama Cities
How to Become a Actuary in Mobile
Education
Most actuary positions require a bachelor's degree. Mobile 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 Mobile may vary based on local industry and population growth.
Find Actuary Jobs in Mobile
Browse open actuary positions in Mobile, AL:
Frequently Asked Questions: Actuary Salary in Mobile
How much does a Actuary make in Mobile, AL? ▼
The median actuary salary in Mobile, Alabama is $96,892 per year, which is 15% below the national median of $113,990. Salaries range from $58,140 (10th percentile) to $166,609 (90th percentile).
How much does a Actuary make per hour in Mobile? ▼
Based on the median annual salary of $96,892, a actuary in Mobile earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Mobile compare to the Alabama state average for actuary pay? ▼
Mobile's median actuary salary of $96,892 is 2.3% below the Alabama state average of $99,171. The local cost of living index is 85% of the national average.
What is the cost of living in Mobile, AL? ▼
Mobile has a cost of living index of 85% compared to the national average. This means a actuary salary of $96,892 in Mobile has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Mobile? ▼
Most actuary positions in Mobile 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.