Business & Finance New Orleans, LA Pop. 383,997

Actuary Salary in New Orleans, Louisiana

The median actuary salary in New Orleans, LA is $111,710 per year, which is 2% below the national median and 7.7% above the Louisiana state average.

City Median
$111,710
vs State Avg
+$7,979
vs National
$-2,280
Cost of Living
98%

Actuary Salary in New Orleans by Experience

In New Orleans, an entry-level actuary earns around $68,600, while experienced professionals earn up to $171,500 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$68,600
$-1,400 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$171,500
$-3,500 vs national

Salary Percentiles in New Orleans, LA

Percentile New Orleans
10th Percentile $67,032
25th Percentile $85,456
Median (50th) $111,710
75th Percentile $147,980
90th Percentile $192,090

Actuary Salary in Other Louisiana Cities

Baton Rouge, LA
$104,871
Pop. 227,470
Lafayette, LA
$100,311
Pop. 121,374
Lake Charles, LA
$98,031
Pop. 80,000
Shreveport, LA
$96,892
Pop. 187,593

How to Become a Actuary in New Orleans

Education

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