Business & Finance Warren, MI
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Actuary Salary in Warren, Michigan
The median actuary salary in Warren, MI is $100,311 per year, which is 12% below the national median and 2.2% below the Michigan state average.
City Median
$100,311
vs State Avg
$-2,280
vs National
$-13,679
Cost of Living
88%
Actuary Salary in Warren by Experience
In Warren, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national
Salary Percentiles in Warren, MI
| Percentile | Warren |
|---|---|
| 10th Percentile | $60,192 |
| 25th Percentile | $76,736 |
| Median (50th) | $100,311 |
| 75th Percentile | $132,880 |
| 90th Percentile | $172,489 |
Actuary Salary in Other Michigan Cities
How to Become a Actuary in Warren
Education
Most actuary positions require a bachelor's degree. Warren and the surrounding Michigan 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 Warren may vary based on local industry and population growth.
Find Actuary Jobs in Warren
Browse open actuary positions in Warren, MI:
Frequently Asked Questions: Actuary Salary in Warren
How much does a Actuary make in Warren, MI? ▼
The median actuary salary in Warren, Michigan is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Warren? ▼
Based on the median annual salary of $100,311, a actuary in Warren earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Warren compare to the Michigan state average for actuary pay? ▼
Warren's median actuary salary of $100,311 is 2.2% below the Michigan state average of $102,591. The local cost of living index is 88% of the national average.
What is the cost of living in Warren, MI? ▼
Warren has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Warren has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Warren? ▼
Most actuary positions in Warren 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.