Business & Finance Bear, DE Pop. 21,000

Actuary Salary in Bear, Delaware

The median actuary salary in Bear, DE is $118,550 per year, which is 4.0% above the national median and 1.9% below the Delaware state average.

City Median
$118,550
vs State Avg
$-2,279
vs National
+$4,560
Cost of Living
99%

Actuary Salary in Bear by Experience

In Bear, an entry-level actuary earns around $72,800, while experienced professionals earn up to $182,000 per year. The local cost of living index is 99% of the national average.

Entry Level (0-2 yrs)
$72,800
+$2,800 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$182,000
+$7,000 vs national

Salary Percentiles in Bear, DE

Percentile Bear
10th Percentile $71,136
25th Percentile $90,688
Median (50th) $118,550
75th Percentile $157,040
90th Percentile $203,850

Actuary Salary in Other Delaware Cities

Wilmington, DE
$125,389
Pop. 70,898
Newark, DE
$121,969
Pop. 33,398
Middletown, DE
$117,410
Pop. 22,350
Dover, DE
$115,130
Pop. 39,403

How to Become a Actuary in Bear

Education

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