Business & Finance Bloomington, MN Pop. 89,987

Actuary Salary in Bloomington, Minnesota

The median actuary salary in Bloomington, MN is $118,550 per year, which is 4.0% above the national median and 5.1% above the Minnesota state average.

City Median
$118,550
vs State Avg
+$5,700
vs National
+$4,560
Cost of Living
102%

Actuary Salary in Bloomington by Experience

In Bloomington, an entry-level actuary earns around $72,800, while experienced professionals earn up to $182,000 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$72,800
+$2,800 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$182,000
+$7,000 vs national

Salary Percentiles in Bloomington, MN

Percentile Bloomington
10th Percentile $71,136
25th Percentile $90,688
Median (50th) $118,550
75th Percentile $157,040
90th Percentile $203,850

Actuary Salary in Other Minnesota Cities

Minneapolis, MN
$121,969
Pop. 429,954
Saint Paul, MN
$116,270
Pop. 311,527
Rochester, MN
$113,990
Pop. 121,395
Duluth, MN
$104,871
Pop. 90,884

How to Become a Actuary in Bloomington

Education

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

Find Actuary Jobs in Bloomington

Browse open actuary positions in Bloomington, MN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Bloomington

How much does a Actuary make in Bloomington, MN? ▼
The median actuary salary in Bloomington, Minnesota is $118,550 per year, which is 4.0% above the national median of $113,990. Salaries range from $71,136 (10th percentile) to $203,850 (90th percentile).
How much does a Actuary make per hour in Bloomington? ▼
Based on the median annual salary of $118,550, a actuary in Bloomington earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Bloomington compare to the Minnesota state average for actuary pay? ▼
Bloomington's median actuary salary of $118,550 is 5.1% above the Minnesota state average of $112,850. The local cost of living index is 102% of the national average.
What is the cost of living in Bloomington, MN? ▼
Bloomington has a cost of living index of 102% compared to the national average. This means a actuary salary of $118,550 in Bloomington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Bloomington? ▼
Most actuary positions in Bloomington 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.