Business & Finance Alaska (AK) Rank #5 of 50

Actuary Salary in Alaska

The median actuary salary in Alaska is $141,348 per year, which is 24.0% above the national median of $113,990.

Median Salary
$141,348
vs National
+$27,358
State Rank
#5 of 50
Cost of Living
124%

Actuary Salary Overview in Alaska (2026)

Alaska ranks #5 out of 50 states for actuary compensation. This places Alaska in the top tier nationally, making it one of the best states for actuarys seeking high pay. At $141,348 per year, actuarys in Alaska earn $27,358 more than the national median of $113,990.

It's worth noting that Alaska's cost of living is 124% of the national average, which reduces the real purchasing power of the $141,348 salary. After adjusting for cost of living, the effective salary is closer to $113,990.

The salary spread in Alaska is significant: actuarys at the 10th percentile earn $84,816, while those at the 90th percentile bring home $243,052 — a $158,236 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alaska for this role is Juneau, where the median reaches $153,887.

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 Alaska and beyond.

Actuary Salary in Alaska by Experience

In Alaska, an entry-level actuary earns around $86,800, while experienced professionals earn up to $217,000 per year. The cost of living index in Alaska is 124% of the national average.

Entry Level (0-2 yrs)
$86,800
+$16,800 vs national
Mid Level (3-7 yrs)
$142,600
+$27,600 vs national
Senior Level (8+ yrs)
$217,000
+$42,000 vs national

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Salary Percentiles in Alaska

Percentile AK Salary
10th Percentile $84,816
25th Percentile $108,128
Median (50th) $141,348
75th Percentile $187,240
90th Percentile $243,052

Actuary Salary by City in Alaska

The largest employment areas for actuarys in Alaska include Anchorage, Fairbanks, Juneau, and Sitka. Salaries vary by city based on local cost of living and demand.

How to Become a Actuary in Alaska

Education

Most actuary positions require a bachelor's degree. Alaska has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Alaska

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Alaska's demand may vary based on local industry trends.

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Frequently Asked Questions: Actuary Salary in Alaska

How much does a Actuary make in Alaska? ▼
The median actuary salary in Alaska is $141,348 per year, which is 24.0% above the national median of $113,990. Salaries range from $84,816 (10th percentile) to $243,052 (90th percentile).
How much does a Actuary make per hour in Alaska? ▼
Based on the median annual salary of $141,348, a actuary in Alaska earns approximately $68 per hour assuming a standard 2,080-hour work year.
Is Alaska a good state for actuarys? ▼
Alaska ranks #5 out of 50 states for actuary pay. The cost of living index is 124% of the national average. Entry-level actuarys earn $86,800, while senior professionals earn $217,000.
How does Alaska compare to other states for actuary salary? ▼
The highest paying state for actuarys is Hawaii at $193,783. Alaska's median of $141,348 ranks #5 nationally. Nearby-ranked states include California ($157,306) and New York ($152,747).
What is the entry-level actuary salary in Alaska? ▼
An entry-level actuary in Alaska earns approximately $86,800 per year. With 3-7 years of experience, pay increases to around $142,600. Senior-level professionals with 8+ years earn up to $217,000.
What city in Alaska pays actuarys the most? ▼
Juneau is the highest paying city in Alaska for actuarys, with a median salary of $153,887. Other cities include Anchorage and Fairbanks.