Business & Finance Lake Charles, LA Pop. 80,000

Actuary Salary in Lake Charles, Louisiana

The median actuary salary in Lake Charles, LA is $98,031 per year, which is 14% below the national median and 5.5% below the Louisiana state average.

City Median
$98,031
vs State Avg
$-5,700
vs National
$-15,959
Cost of Living
86%

Actuary Salary in Lake Charles by Experience

In Lake Charles, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

Salary Percentiles in Lake Charles, LA

Percentile Lake Charles
10th Percentile $58,824
25th Percentile $74,992
Median (50th) $98,031
75th Percentile $129,860
90th Percentile $168,569

Actuary Salary in Other Louisiana Cities

New Orleans, LA
$111,710
Pop. 383,997
Baton Rouge, LA
$104,871
Pop. 227,470
Lafayette, LA
$100,311
Pop. 121,374
Shreveport, LA
$96,892
Pop. 187,593

How to Become a Actuary in Lake Charles

Education

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

Find Actuary Jobs in Lake Charles

Browse open actuary positions in Lake Charles, LA:

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Frequently Asked Questions: Actuary Salary in Lake Charles

How much does a Actuary make in Lake Charles, LA? ▼
The median actuary salary in Lake Charles, Louisiana is $98,031 per year, which is 14% below the national median of $113,990. Salaries range from $58,824 (10th percentile) to $168,569 (90th percentile).
How much does a Actuary make per hour in Lake Charles? ▼
Based on the median annual salary of $98,031, a actuary in Lake Charles earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Lake Charles compare to the Louisiana state average for actuary pay? ▼
Lake Charles's median actuary salary of $98,031 is 5.5% below the Louisiana state average of $103,731. The local cost of living index is 86% of the national average.
What is the cost of living in Lake Charles, LA? ▼
Lake Charles has a cost of living index of 86% compared to the national average. This means a actuary salary of $98,031 in Lake Charles has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Lake Charles? ▼
Most actuary positions in Lake Charles 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.