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 Overview in Massachusetts (2026)
Massachusetts ranks #2 out of 50 states for actuary compensation. This places Massachusetts in the top tier nationally, making it one of the best states for actuarys seeking high pay. At $161,866 per year, actuarys in Massachusetts earn $47,876 more than the national median of $113,990.
It's worth noting that Massachusetts's cost of living is 135% of the national average, which reduces the real purchasing power of the $161,866 salary. After adjusting for cost of living, the effective salary is closer to $119,901.
The salary spread in Massachusetts is significant: actuarys at the 10th percentile earn $97,128, while those at the 90th percentile bring home $278,334 — a $181,206 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Massachusetts for this role is Cambridge, where the median reaches $190,363.
Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Massachusetts and beyond.
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.
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View Offers You Qualify For →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 |
Actuary Salary by City in Massachusetts
The largest employment areas for actuarys in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.
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.
Negotiate Your Way to Senior Pay
Data shows Actuarys who negotiate earn 7–15% more. A single negotiation could add $86,634 over your career trajectory.
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