Business & Finance Lafayette, LA Pop. 121,374

Actuary Salary in Lafayette, Louisiana

The median actuary salary in Lafayette, LA is $100,311 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$100,311
vs State Avg
$-3,420
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Lafayette by Experience

In Lafayette, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national

Salary Percentiles in Lafayette, LA

Percentile Lafayette
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Louisiana Cities

New Orleans, LA
$111,710
Pop. 383,997
Baton Rouge, LA
$104,871
Pop. 227,470
Lake Charles, LA
$98,031
Pop. 80,000
Shreveport, LA
$96,892
Pop. 187,593

How to Become a Actuary in Lafayette

Education

Most actuary positions require a bachelor's degree. Lafayette 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 Lafayette may vary based on local industry and population growth.

Find Actuary Jobs in Lafayette

Browse open actuary positions in Lafayette, LA:

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Frequently Asked Questions: Actuary Salary in Lafayette

How much does a Actuary make in Lafayette, LA? ▼
The median actuary salary in Lafayette, Louisiana is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Lafayette? ▼
Based on the median annual salary of $100,311, a actuary in Lafayette earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Lafayette compare to the Louisiana state average for actuary pay? ▼
Lafayette's median actuary salary of $100,311 is 3.3% below the Louisiana state average of $103,731. The local cost of living index is 88% of the national average.
What is the cost of living in Lafayette, LA? ▼
Lafayette has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Lafayette has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Lafayette? ▼
Most actuary positions in Lafayette 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.