Business & Finance Hilo, HI
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Actuary Salary in Hilo, Hawaii
The median actuary salary in Hilo, HI is $173,265 per year, which is 52.0% above the national median and 10.6% below the Hawaii state average.
City Median
$173,265
vs State Avg
$-20,518
vs National
+$59,275
Cost of Living
152%
Actuary Salary in Hilo by Experience
In Hilo, an entry-level actuary earns around $106,400, while experienced professionals earn up to $266,000 per year. The local cost of living index is 152% of the national average.
Entry Level (0-2 yrs)
$106,400
+$36,400 vs national
Mid Level (3-7 yrs)
$174,800
+$59,800 vs national
Senior Level (8+ yrs)
$266,000
+$91,000 vs national
Salary Percentiles in Hilo, HI
| Percentile | Hilo |
|---|---|
| 10th Percentile | $103,968 |
| 25th Percentile | $132,544 |
| Median (50th) | $173,265 |
| 75th Percentile | $229,520 |
| 90th Percentile | $297,935 |
Actuary Salary in Other Hawaii Cities
How to Become a Actuary in Hilo
Education
Most actuary positions require a bachelor's degree. Hilo and the surrounding Hawaii 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 Hilo may vary based on local industry and population growth.
Find Actuary Jobs in Hilo
Browse open actuary positions in Hilo, HI:
Frequently Asked Questions: Actuary Salary in Hilo
How much does a Actuary make in Hilo, HI? ▼
The median actuary salary in Hilo, Hawaii is $173,265 per year, which is 52.0% above the national median of $113,990. Salaries range from $103,968 (10th percentile) to $297,935 (90th percentile).
How much does a Actuary make per hour in Hilo? ▼
Based on the median annual salary of $173,265, a actuary in Hilo earns approximately $83 per hour assuming a standard 2,080-hour work year.
How does Hilo compare to the Hawaii state average for actuary pay? ▼
Hilo's median actuary salary of $173,265 is 10.6% below the Hawaii state average of $193,783. The local cost of living index is 152% of the national average.
What is the cost of living in Hilo, HI? ▼
Hilo has a cost of living index of 152% compared to the national average. This means a actuary salary of $173,265 in Hilo has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Hilo? ▼
Most actuary positions in Hilo 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.