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.

Find Actuary Jobs in New Orleans

Browse open actuary positions in New Orleans, LA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in New Orleans

How much does a Actuary make in New Orleans, LA? ▼
The median actuary salary in New Orleans, Louisiana is $111,710 per year, which is 2% below the national median of $113,990. Salaries range from $67,032 (10th percentile) to $192,090 (90th percentile).
How much does a Actuary make per hour in New Orleans? ▼
Based on the median annual salary of $111,710, a actuary in New Orleans earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does New Orleans compare to the Louisiana state average for actuary pay? ▼
New Orleans's median actuary salary of $111,710 is 7.7% above the Louisiana state average of $103,731. The local cost of living index is 98% of the national average.
What is the cost of living in New Orleans, LA? ▼
New Orleans has a cost of living index of 98% compared to the national average. This means a actuary salary of $111,710 in New Orleans has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in New Orleans? ▼
Most actuary positions in New Orleans 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.