Business & Finance Meridian, ID Pop. 117,635

Actuary Salary in Meridian, Idaho

The median actuary salary in Meridian, ID is $111,710 per year, which is 2% below the national median and 4.3% above the Idaho state average.

City Median
$111,710
vs State Avg
+$4,559
vs National
$-2,280
Cost of Living
98%

Actuary Salary in Meridian by Experience

In Meridian, an entry-level actuary earns around $68,600, while experienced professionals earn up to $171,500 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$68,600
$-1,400 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$171,500
$-3,500 vs national

Salary Percentiles in Meridian, ID

Percentile Meridian
10th Percentile $67,032
25th Percentile $85,456
Median (50th) $111,710
75th Percentile $147,980
90th Percentile $192,090

Actuary Salary in Other Idaho Cities

How to Become a Actuary in Meridian

Education

Most actuary positions require a bachelor's degree. Meridian and the surrounding Idaho 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 Meridian may vary based on local industry and population growth.

Find Actuary Jobs in Meridian

Browse open actuary positions in Meridian, ID:

Frequently Asked Questions: Actuary Salary in Meridian

How much does a Actuary make in Meridian, ID?
The median actuary salary in Meridian, Idaho is $111,710 per year, which is 2% below the national median of $113,990. Salaries range from $67,032 (10th percentile) to $192,090 (90th percentile).
How much does a Actuary make per hour in Meridian?
Based on the median annual salary of $111,710, a actuary in Meridian earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Meridian compare to the Idaho state average for actuary pay?
Meridian's median actuary salary of $111,710 is 4.3% above the Idaho state average of $107,151. The local cost of living index is 98% of the national average.
What is the cost of living in Meridian, ID?
Meridian has a cost of living index of 98% compared to the national average. This means a actuary salary of $111,710 in Meridian has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Meridian?
Most actuary positions in Meridian 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.