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.