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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

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.

Find Actuary Jobs in Phoenix

Browse open actuary positions in Phoenix, AZ:

Frequently Asked Questions: Actuary Salary in Phoenix

How much does a Actuary make in Phoenix, AZ?
The median actuary salary in Phoenix, Arizona is $113,990 per year, which is 0.0% above the national median of $113,990. Salaries range from $68,400 (10th percentile) to $196,010 (90th percentile).
How much does a Actuary make per hour in Phoenix?
Based on the median annual salary of $113,990, a actuary in Phoenix earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Phoenix compare to the Arizona state average for actuary pay?
Phoenix's median actuary salary of $113,990 is 3.1% above the Arizona state average of $110,570. The local cost of living index is 100% of the national average.
What is the cost of living in Phoenix, AZ?
Phoenix has a cost of living index of 100% compared to the national average. This means a actuary salary of $113,990 in Phoenix has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Phoenix?
Most actuary positions in Phoenix 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.