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

Huntsville, AL
$104,871
Pop. 216,963
Birmingham, AL
$102,591
Pop. 197,575
Tuscaloosa, AL
$100,311
Pop. 101,129
Montgomery, AL
$98,031
Pop. 200,603

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.