Business & Finance Indiana (IN) Rank #35 of 50

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.

Median Salary
$102,591
vs National
$-11,399
State Rank
#35 of 50
Cost of Living
90%

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.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

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

Major Cities for Actuarys in Indiana

The largest employment areas for actuarys in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries in major metro areas may be higher due to increased demand and cost of living.

Indianapolis, IN
Metro area for actuary employment
Fort Wayne, IN
Metro area for actuary employment
Evansville, IN
Metro area for actuary employment
South Bend, IN
Metro area for actuary employment
Carmel, IN
Metro area for actuary employment

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

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

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.