Business & Finance Portland, ME
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Actuary Salary in Portland, Maine
The median actuary salary in Portland, ME is $123,109 per year, which is 8.0% above the national median and 10.2% above the Maine state average.
City Median
$123,109
vs State Avg
+$11,399
vs National
+$9,119
Cost of Living
108%
Actuary Salary in Portland by Experience
In Portland, an entry-level actuary earns around $75,600, while experienced professionals earn up to $189,000 per year. The local cost of living index is 108% of the national average.
Entry Level (0-2 yrs)
$75,600
+$5,600 vs national
Mid Level (3-7 yrs)
$124,200
+$9,200 vs national
Senior Level (8+ yrs)
$189,000
+$14,000 vs national
Salary Percentiles in Portland, ME
| Percentile | Portland |
|---|---|
| 10th Percentile | $73,872 |
| 25th Percentile | $94,176 |
| Median (50th) | $123,109 |
| 75th Percentile | $163,080 |
| 90th Percentile | $211,691 |
Actuary Salary in Other Maine Cities
How to Become a Actuary in Portland
Education
Most actuary positions require a bachelor's degree. Portland 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 Portland may vary based on local industry and population growth.