Business & Finance Colorado Springs, CO Pop. 478,961

Actuary Salary in Colorado Springs, Colorado

The median actuary salary in Colorado Springs, CO is $113,990 per year, which is 0.0% above the national median and 4.8% below the Colorado state average.

City Median
$113,990
vs State Avg
$-5,700
vs National
+$0
Cost of Living
100%

Actuary Salary in Colorado Springs by Experience

In Colorado Springs, 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 Colorado Springs, CO

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

Actuary Salary in Other Colorado Cities

How to Become a Actuary in Colorado Springs

Education

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

Find Actuary Jobs in Colorado Springs

Browse open actuary positions in Colorado Springs, CO:

Frequently Asked Questions: Actuary Salary in Colorado Springs

How much does a Actuary make in Colorado Springs, CO?
The median actuary salary in Colorado Springs, Colorado 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 Colorado Springs?
Based on the median annual salary of $113,990, a actuary in Colorado Springs earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Colorado Springs compare to the Colorado state average for actuary pay?
Colorado Springs's median actuary salary of $113,990 is 4.8% below the Colorado state average of $119,690. The local cost of living index is 100% of the national average.
What is the cost of living in Colorado Springs, CO?
Colorado Springs has a cost of living index of 100% compared to the national average. This means a actuary salary of $113,990 in Colorado Springs has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Colorado Springs?
Most actuary positions in Colorado Springs 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.