Actuary Salary in Indiana
The median actuary salary in Indiana is $102,591 per year, which is 10% below the national median of $113,990.
Actuary Salary Overview in Indiana (2026)
Indiana ranks #35 out of 50 states for actuary compensation. Actuary salaries in Indiana are below the national median, though the lower cost of living can offset the difference. At $102,591 per year, actuarys in Indiana earn $11,399 less than the national median of $113,990.
A key advantage of working in Indiana is its below-average cost of living (90% of the national index). This means the $102,591 salary has the purchasing power of roughly $113,990 in an average-cost area.
The salary spread in Indiana is significant: actuarys at the 10th percentile earn $61,560, while those at the 90th percentile bring home $176,409 — a $114,849 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Indiana for this role is Carmel, where the median reaches $119,690.
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Indiana and beyond.
Actuary Salary in Indiana by Experience
In Indiana, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The cost of living index in Indiana is 90% of the national average.
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View Offers You Qualify For →Salary Percentiles in Indiana
| Percentile | IN Salary |
|---|---|
| 10th Percentile | $61,560 |
| 25th Percentile | $78,480 |
| Median (50th) | $102,591 |
| 75th Percentile | $135,900 |
| 90th Percentile | $176,409 |
Actuary Salary by City in Indiana
The largest employment areas for actuarys in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries vary by city based on local cost of living and demand.
How to Become a Actuary in Indiana
Education
Most actuary positions require a bachelor's degree. Indiana has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Indiana
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Indiana's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Actuarys who negotiate earn 7–15% more. A single negotiation could add $54,909 over your career trajectory.
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