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

Iowa City, IA
$108,291
Pop. 74,828
Cedar Rapids, IA
$100,311
Pop. 137,710
Davenport, IA
$98,031
Pop. 101,724
Sioux City, IA
$95,752
Pop. 85,797

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.

Find Actuary Jobs in Des Moines

Browse open actuary positions in Des Moines, IA:

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Frequently Asked Questions: Actuary Salary in Des Moines

How much does a Actuary make in Des Moines, IA? ▼
The median actuary salary in Des Moines, Iowa is $104,871 per year, which is 8% below the national median of $113,990. Salaries range from $62,928 (10th percentile) to $180,329 (90th percentile).
How much does a Actuary make per hour in Des Moines? ▼
Based on the median annual salary of $104,871, a actuary in Des Moines earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Des Moines compare to the Iowa state average for actuary pay? ▼
Des Moines's median actuary salary of $104,871 is 3.4% above the Iowa state average of $101,451. The local cost of living index is 92% of the national average.
What is the cost of living in Des Moines, IA? ▼
Des Moines has a cost of living index of 92% compared to the national average. This means a actuary salary of $104,871 in Des Moines has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Des Moines? ▼
Most actuary positions in Des Moines 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.