Business & Finance Phoenix, AZ Pop. 1,608,139

Actuary Salary in Phoenix, Arizona

The median actuary salary in Phoenix, AZ is $113,990 per year, which is 0.0% above the national median and 3.1% above the Arizona state average.

City Median
$113,990
vs State Avg
+$3,420
vs National
+$0
Cost of Living
100%

Actuary Salary in Phoenix by Experience

In Phoenix, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$70,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national

Salary Percentiles in Phoenix, AZ

Percentile Phoenix
10th Percentile $68,400
25th Percentile $87,200
Median (50th) $113,990
75th Percentile $151,000
90th Percentile $196,010

Actuary Salary in Other Arizona Cities

Scottsdale, AZ
$127,669
Pop. 241,361
Chandler, AZ
$116,270
Pop. 275,987
Mesa, AZ
$110,570
Pop. 504,258
Tucson, AZ
$106,011
Pop. 542,629

How to Become a Actuary in Phoenix

Education

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