Actuary Salary in Massachusetts
The median actuary salary in Massachusetts is $161,866 per year, which is 42.0% above the national median of $113,990.
Actuary Salary in Massachusetts by Experience
In Massachusetts, an entry-level actuary earns around $99,400, while experienced professionals earn up to $248,500 per year. The cost of living index in Massachusetts is 135% of the national average.
Salary Percentiles in Massachusetts
| Percentile | MA Salary |
|---|---|
| 10th Percentile | $97,128 |
| 25th Percentile | $123,824 |
| Median (50th) | $161,866 |
| 75th Percentile | $214,420 |
| 90th Percentile | $278,334 |
Major Cities for Actuarys in Massachusetts
The largest employment areas for actuarys in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Actuary in Massachusetts
Education
Most actuary positions require a bachelor's degree. Massachusetts has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Massachusetts
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Massachusetts's demand may vary based on local industry trends.