Business & Finance Miami, FL Pop. 442,241

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

Fort Lauderdale, FL
$131,089
Pop. 182,760
Orlando, FL
$116,270
Pop. 307,573
Tampa, FL
$113,990
Pop. 384,959
Jacksonville, FL
$108,291
Pop. 949,611

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.