Business & Finance Indianapolis, IN Pop. 887,642

Actuary Salary in Indianapolis, Indiana

The median actuary salary in Indianapolis, IN is $106,011 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$106,011
vs State Avg
+$3,420
vs National
$-7,979
Cost of Living
93%

Actuary Salary in Indianapolis by Experience

In Indianapolis, an entry-level actuary earns around $65,100, while experienced professionals earn up to $162,750 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$65,100
$-4,900 vs national
Mid Level (3-7 yrs)
$106,950
$-8,050 vs national
Senior Level (8+ yrs)
$162,750
$-12,250 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $63,612
25th Percentile $81,096
Median (50th) $106,011
75th Percentile $140,430
90th Percentile $182,289

Actuary Salary in Other Indiana Cities

Carmel, IN
$119,690
Pop. 99,757
Fort Wayne, IN
$96,892
Pop. 263,886
Evansville, IN
$95,752
Pop. 117,429
South Bend, IN
$94,612
Pop. 103,453

How to Become a Actuary in Indianapolis

Education

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

Find Actuary Jobs in Indianapolis

Browse open actuary positions in Indianapolis, IN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Indianapolis

How much does a Actuary make in Indianapolis, IN? ▼
The median actuary salary in Indianapolis, Indiana is $106,011 per year, which is 7% below the national median of $113,990. Salaries range from $63,612 (10th percentile) to $182,289 (90th percentile).
How much does a Actuary make per hour in Indianapolis? ▼
Based on the median annual salary of $106,011, a actuary in Indianapolis earns approximately $51 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for actuary pay? ▼
Indianapolis's median actuary salary of $106,011 is 3.3% above the Indiana state average of $102,591. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a actuary salary of $106,011 in Indianapolis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Indianapolis? ▼
Most actuary positions in Indianapolis 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.