Business & Finance Baton Rouge, LA Pop. 227,470

Actuary Salary in Baton Rouge, Louisiana

The median actuary salary in Baton Rouge, LA is $104,871 per year, which is 8% below the national median and 1.1% above the Louisiana state average.

City Median
$104,871
vs State Avg
+$1,140
vs National
$-9,119
Cost of Living
92%

Actuary Salary in Baton Rouge by Experience

In Baton Rouge, 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 Baton Rouge, LA

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

Actuary Salary in Other Louisiana Cities

How to Become a Actuary in Baton Rouge

Education

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

Find Actuary Jobs in Baton Rouge

Browse open actuary positions in Baton Rouge, LA:

Frequently Asked Questions: Actuary Salary in Baton Rouge

How much does a Actuary make in Baton Rouge, LA?
The median actuary salary in Baton Rouge, Louisiana 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 Baton Rouge?
Based on the median annual salary of $104,871, a actuary in Baton Rouge earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Baton Rouge compare to the Louisiana state average for actuary pay?
Baton Rouge's median actuary salary of $104,871 is 1.1% above the Louisiana state average of $103,731. The local cost of living index is 92% of the national average.
What is the cost of living in Baton Rouge, LA?
Baton Rouge has a cost of living index of 92% compared to the national average. This means a actuary salary of $104,871 in Baton Rouge has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Baton Rouge?
Most actuary positions in Baton Rouge 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.