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Actuary Salary in Miami, Florida
The median actuary salary in Miami, FL is $134,508 per year, which is 18.0% above the national median and 20.4% above the Florida state average.
City Median
$134,508
vs State Avg
+$22,798
vs National
+$20,518
Cost of Living
118%
Actuary Salary in Miami by Experience
In Miami, an entry-level actuary earns around $82,600, while experienced professionals earn up to $206,500 per year. The local cost of living index is 118% of the national average.
Entry Level (0-2 yrs)
$82,600
+$12,600 vs national
Mid Level (3-7 yrs)
$135,700
+$20,700 vs national
Senior Level (8+ yrs)
$206,500
+$31,500 vs national
Salary Percentiles in Miami, FL
| Percentile | Miami |
|---|---|
| 10th Percentile | $80,712 |
| 25th Percentile | $102,896 |
| Median (50th) | $134,508 |
| 75th Percentile | $178,180 |
| 90th Percentile | $231,292 |
Actuary Salary in Other Florida Cities
How to Become a Actuary in Miami
Education
Most actuary positions require a bachelor's degree. Miami and the surrounding Florida 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 Miami may vary based on local industry and population growth.
Find Actuary Jobs in Miami
Browse open actuary positions in Miami, FL:
Frequently Asked Questions: Actuary Salary in Miami
How much does a Actuary make in Miami, FL? ▼
The median actuary salary in Miami, Florida is $134,508 per year, which is 18.0% above the national median of $113,990. Salaries range from $80,712 (10th percentile) to $231,292 (90th percentile).
How much does a Actuary make per hour in Miami? ▼
Based on the median annual salary of $134,508, a actuary in Miami earns approximately $65 per hour assuming a standard 2,080-hour work year.
How does Miami compare to the Florida state average for actuary pay? ▼
Miami's median actuary salary of $134,508 is 20.4% above the Florida state average of $111,710. The local cost of living index is 118% of the national average.
What is the cost of living in Miami, FL? ▼
Miami has a cost of living index of 118% compared to the national average. This means a actuary salary of $134,508 in Miami has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Miami? ▼
Most actuary positions in Miami 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.