Business & Finance Des Moines, IA Pop. 214,133

Actuary Salary in Des Moines, Iowa

The median actuary salary in Des Moines, IA is $104,871 per year, which is 8% below the national median and 3.4% above the Iowa state average.

City Median
$104,871
vs State Avg
+$3,420
vs National
$-9,119
Cost of Living
92%

Actuary Salary in Des Moines by Experience

In Des Moines, an entry-level actuary earns around $64,400, while experienced professionals earn up to $161,000 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$64,400
$-5,600 vs national
Mid Level (3-7 yrs)
$105,800
$-9,200 vs national
Senior Level (8+ yrs)
$161,000
$-14,000 vs national

Salary Percentiles in Des Moines, IA

Percentile Des Moines
10th Percentile $62,928
25th Percentile $80,224
Median (50th) $104,871
75th Percentile $138,920
90th Percentile $180,329

Actuary Salary in Other Iowa Cities

How to Become a Actuary in Des Moines

Education

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