Business & Finance Tuscaloosa, AL Pop. 101,129

Actuary Salary in Tuscaloosa, Alabama

The median actuary salary in Tuscaloosa, AL is $100,311 per year, which is 12% below the national median and 1.1% above the Alabama state average.

City Median
$100,311
vs State Avg
+$1,140
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Tuscaloosa by Experience

In Tuscaloosa, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Tuscaloosa, AL

Percentile Tuscaloosa
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Alabama Cities

Huntsville, AL
$104,871
Pop. 216,963
Birmingham, AL
$102,591
Pop. 197,575
Montgomery, AL
$98,031
Pop. 200,603
Mobile, AL
$96,892
Pop. 187,041

How to Become a Actuary in Tuscaloosa

Education

Most actuary positions require a bachelor's degree. Tuscaloosa 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 Tuscaloosa may vary based on local industry and population growth.

Find Actuary Jobs in Tuscaloosa

Browse open actuary positions in Tuscaloosa, AL:

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Frequently Asked Questions: Actuary Salary in Tuscaloosa

How much does a Actuary make in Tuscaloosa, AL? ▼
The median actuary salary in Tuscaloosa, Alabama is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Tuscaloosa? ▼
Based on the median annual salary of $100,311, a actuary in Tuscaloosa earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Tuscaloosa compare to the Alabama state average for actuary pay? ▼
Tuscaloosa's median actuary salary of $100,311 is 1.1% above the Alabama state average of $99,171. The local cost of living index is 88% of the national average.
What is the cost of living in Tuscaloosa, AL? ▼
Tuscaloosa has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Tuscaloosa has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Tuscaloosa? ▼
Most actuary positions in Tuscaloosa 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.