Business & Finance Sitka, AK Pop. 8,458

Actuary Salary in Sitka, Alaska

The median actuary salary in Sitka, AK is $150,467 per year, which is 32.0% above the national median and 6.5% above the Alaska state average.

City Median
$150,467
vs State Avg
+$9,119
vs National
+$36,477
Cost of Living
132%

Actuary Salary in Sitka by Experience

In Sitka, an entry-level actuary earns around $92,400, while experienced professionals earn up to $231,000 per year. The local cost of living index is 132% of the national average.

Entry Level (0-2 yrs)
$92,400
+$22,400 vs national
Mid Level (3-7 yrs)
$151,800
+$36,800 vs national
Senior Level (8+ yrs)
$231,000
+$56,000 vs national

Salary Percentiles in Sitka, AK

Percentile Sitka
10th Percentile $90,288
25th Percentile $115,104
Median (50th) $150,467
75th Percentile $199,320
90th Percentile $258,733

Actuary Salary in Other Alaska Cities

How to Become a Actuary in Sitka

Education

Most actuary positions require a bachelor's degree. Sitka and the surrounding Alaska 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 Sitka may vary based on local industry and population growth.

Find Actuary Jobs in Sitka

Browse open actuary positions in Sitka, AK:

Frequently Asked Questions: Actuary Salary in Sitka

How much does a Actuary make in Sitka, AK?
The median actuary salary in Sitka, Alaska is $150,467 per year, which is 32.0% above the national median of $113,990. Salaries range from $90,288 (10th percentile) to $258,733 (90th percentile).
How much does a Actuary make per hour in Sitka?
Based on the median annual salary of $150,467, a actuary in Sitka earns approximately $72 per hour assuming a standard 2,080-hour work year.
How does Sitka compare to the Alaska state average for actuary pay?
Sitka's median actuary salary of $150,467 is 6.5% above the Alaska state average of $141,348. The local cost of living index is 132% of the national average.
What is the cost of living in Sitka, AK?
Sitka has a cost of living index of 132% compared to the national average. This means a actuary salary of $150,467 in Sitka has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Sitka?
Most actuary positions in Sitka 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.