Business & Finance Dover, DE Pop. 39,403

Actuary Salary in Dover, Delaware

The median actuary salary in Dover, DE is $115,130 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.

City Median
$115,130
vs State Avg
$-5,699
vs National
+$1,140
Cost of Living
96%

Actuary Salary in Dover by Experience

In Dover, an entry-level actuary earns around $70,700, while experienced professionals earn up to $176,750 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$70,700
+$700 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$176,750
+$1,750 vs national

Salary Percentiles in Dover, DE

Percentile Dover
10th Percentile $69,084
25th Percentile $88,072
Median (50th) $115,130
75th Percentile $152,510
90th Percentile $197,970

Actuary Salary in Other Delaware Cities

Wilmington, DE
$125,389
Pop. 70,898
Newark, DE
$121,969
Pop. 33,398
Bear, DE
$118,550
Pop. 21,000
Middletown, DE
$117,410
Pop. 22,350

How to Become a Actuary in Dover

Education

Most actuary positions require a bachelor's degree. Dover 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 Dover may vary based on local industry and population growth.

Find Actuary Jobs in Dover

Browse open actuary positions in Dover, DE:

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Frequently Asked Questions: Actuary Salary in Dover

How much does a Actuary make in Dover, DE? ▼
The median actuary salary in Dover, Delaware is $115,130 per year, which is 1.0% above the national median of $113,990. Salaries range from $69,084 (10th percentile) to $197,970 (90th percentile).
How much does a Actuary make per hour in Dover? ▼
Based on the median annual salary of $115,130, a actuary in Dover earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Dover compare to the Delaware state average for actuary pay? ▼
Dover's median actuary salary of $115,130 is 4.7% below the Delaware state average of $120,829. The local cost of living index is 96% of the national average.
What is the cost of living in Dover, DE? ▼
Dover has a cost of living index of 96% compared to the national average. This means a actuary salary of $115,130 in Dover has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Dover? ▼
Most actuary positions in Dover 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.