Business & Finance Lewiston, ME Pop. 37,121

Actuary Salary in Lewiston, Maine

The median actuary salary in Lewiston, ME is $102,591 per year, which is 10% below the national median and 8.2% below the Maine state average.

City Median
$102,591
vs State Avg
$-9,119
vs National
$-11,399
Cost of Living
90%

Actuary Salary in Lewiston by Experience

In Lewiston, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

Salary Percentiles in Lewiston, ME

Percentile Lewiston
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary in Other Maine Cities

How to Become a Actuary in Lewiston

Education

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

Find Actuary Jobs in Lewiston

Browse open actuary positions in Lewiston, ME:

Frequently Asked Questions: Actuary Salary in Lewiston

How much does a Actuary make in Lewiston, ME?
The median actuary salary in Lewiston, Maine is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in Lewiston?
Based on the median annual salary of $102,591, a actuary in Lewiston earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Lewiston compare to the Maine state average for actuary pay?
Lewiston's median actuary salary of $102,591 is 8.2% below the Maine state average of $111,710. The local cost of living index is 90% of the national average.
What is the cost of living in Lewiston, ME?
Lewiston has a cost of living index of 90% compared to the national average. This means a actuary salary of $102,591 in Lewiston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Lewiston?
Most actuary positions in Lewiston 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.