Business & Finance Saint Paul, MN Pop. 311,527

Actuary Salary in Saint Paul, Minnesota

The median actuary salary in Saint Paul, MN is $116,270 per year, which is 2.0% above the national median and 3.0% above the Minnesota state average.

City Median
$116,270
vs State Avg
+$3,420
vs National
+$2,280
Cost of Living
100%

Actuary Salary in Saint Paul by Experience

In Saint Paul, an entry-level actuary earns around $71,400, while experienced professionals earn up to $178,500 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$71,400
+$1,400 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$178,500
+$3,500 vs national

Salary Percentiles in Saint Paul, MN

Percentile Saint Paul
10th Percentile $69,768
25th Percentile $88,944
Median (50th) $116,270
75th Percentile $154,020
90th Percentile $199,930

Actuary Salary in Other Minnesota Cities

Minneapolis, MN
$121,969
Pop. 429,954
Bloomington, MN
$118,550
Pop. 89,987
Rochester, MN
$113,990
Pop. 121,395
Duluth, MN
$104,871
Pop. 90,884

How to Become a Actuary in Saint Paul

Education

Most actuary positions require a bachelor's degree. Saint Paul 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 Saint Paul may vary based on local industry and population growth.

Find Actuary Jobs in Saint Paul

Browse open actuary positions in Saint Paul, MN:

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Frequently Asked Questions: Actuary Salary in Saint Paul

How much does a Actuary make in Saint Paul, MN? ▼
The median actuary salary in Saint Paul, Minnesota is $116,270 per year, which is 2.0% above the national median of $113,990. Salaries range from $69,768 (10th percentile) to $199,930 (90th percentile).
How much does a Actuary make per hour in Saint Paul? ▼
Based on the median annual salary of $116,270, a actuary in Saint Paul earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Saint Paul compare to the Minnesota state average for actuary pay? ▼
Saint Paul's median actuary salary of $116,270 is 3.0% above the Minnesota state average of $112,850. The local cost of living index is 100% of the national average.
What is the cost of living in Saint Paul, MN? ▼
Saint Paul has a cost of living index of 100% compared to the national average. This means a actuary salary of $116,270 in Saint Paul has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Saint Paul? ▼
Most actuary positions in Saint Paul 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.