Business & Finance Wichita, KS
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Actuary Salary in Wichita, Kansas
The median actuary salary in Wichita, KS is $96,892 per year, which is 15% below the national median and 2.3% below the Kansas state average.
City Median
$96,892
vs State Avg
$-2,279
vs National
$-17,098
Cost of Living
85%
Actuary Salary in Wichita by Experience
In Wichita, an entry-level actuary earns around $59,500, while experienced professionals earn up to $148,750 per year. The local cost of living index is 85% of the national average.
Entry Level (0-2 yrs)
$59,500
$-10,500 vs national
Mid Level (3-7 yrs)
$97,750
$-17,250 vs national
Senior Level (8+ yrs)
$148,750
$-26,250 vs national
Salary Percentiles in Wichita, KS
| Percentile | Wichita |
|---|---|
| 10th Percentile | $58,140 |
| 25th Percentile | $74,120 |
| Median (50th) | $96,892 |
| 75th Percentile | $128,350 |
| 90th Percentile | $166,609 |
Actuary Salary in Other Kansas Cities
How to Become a Actuary in Wichita
Education
Most actuary positions require a bachelor's degree. Wichita and the surrounding Kansas 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 Wichita may vary based on local industry and population growth.
Find Actuary Jobs in Wichita
Browse open actuary positions in Wichita, KS:
Frequently Asked Questions: Actuary Salary in Wichita
How much does a Actuary make in Wichita, KS? ▼
The median actuary salary in Wichita, Kansas is $96,892 per year, which is 15% below the national median of $113,990. Salaries range from $58,140 (10th percentile) to $166,609 (90th percentile).
How much does a Actuary make per hour in Wichita? ▼
Based on the median annual salary of $96,892, a actuary in Wichita earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Wichita compare to the Kansas state average for actuary pay? ▼
Wichita's median actuary salary of $96,892 is 2.3% below the Kansas state average of $99,171. The local cost of living index is 85% of the national average.
What is the cost of living in Wichita, KS? ▼
Wichita has a cost of living index of 85% compared to the national average. This means a actuary salary of $96,892 in Wichita has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Wichita? ▼
Most actuary positions in Wichita 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.