Business & Finance Wilmington, DE Pop. 70,898

Actuary Salary in Wilmington, Delaware

The median actuary salary in Wilmington, DE is $125,389 per year, which is 10.0% above the national median and 3.8% above the Delaware state average.

City Median
$125,389
vs State Avg
+$4,560
vs National
+$11,399
Cost of Living
105%

Actuary Salary in Wilmington by Experience

In Wilmington, an entry-level actuary earns around $77,000, while experienced professionals earn up to $192,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$77,000
+$7,000 vs national
Mid Level (3-7 yrs)
$126,500
+$11,500 vs national
Senior Level (8+ yrs)
$192,500
+$17,500 vs national

Salary Percentiles in Wilmington, DE

Percentile Wilmington
10th Percentile $75,240
25th Percentile $95,920
Median (50th) $125,389
75th Percentile $166,100
90th Percentile $215,611

Actuary Salary in Other Delaware Cities

Newark, DE
$121,969
Pop. 33,398
Bear, DE
$118,550
Pop. 21,000
Middletown, DE
$117,410
Pop. 22,350
Dover, DE
$115,130
Pop. 39,403

How to Become a Actuary in Wilmington

Education

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

Find Actuary Jobs in Wilmington

Browse open actuary positions in Wilmington, DE:

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Frequently Asked Questions: Actuary Salary in Wilmington

How much does a Actuary make in Wilmington, DE? ▼
The median actuary salary in Wilmington, Delaware is $125,389 per year, which is 10.0% above the national median of $113,990. Salaries range from $75,240 (10th percentile) to $215,611 (90th percentile).
How much does a Actuary make per hour in Wilmington? ▼
Based on the median annual salary of $125,389, a actuary in Wilmington earns approximately $60 per hour assuming a standard 2,080-hour work year.
How does Wilmington compare to the Delaware state average for actuary pay? ▼
Wilmington's median actuary salary of $125,389 is 3.8% above the Delaware state average of $120,829. The local cost of living index is 105% of the national average.
What is the cost of living in Wilmington, DE? ▼
Wilmington has a cost of living index of 105% compared to the national average. This means a actuary salary of $125,389 in Wilmington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Wilmington? ▼
Most actuary positions in Wilmington 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.