Business & Finance Jackson, MS Pop. 153,701

Actuary Salary in Jackson, Mississippi

The median actuary salary in Jackson, MS is $96,892 per year, which is 15% below the national median and 2.4% above the Mississippi state average.

City Median
$96,892
vs State Avg
+$2,280
vs National
$-17,098
Cost of Living
85%

Actuary Salary in Jackson by Experience

In Jackson, an entry-level actuary earns around $59,500, while experienced professionals earn up to $148,750 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$59,500
$-10,500 vs national
Mid Level (3-7 yrs)
$97,750
$-17,250 vs national
Senior Level (8+ yrs)
$148,750
$-26,250 vs national

Salary Percentiles in Jackson, MS

Percentile Jackson
10th Percentile $58,140
25th Percentile $74,120
Median (50th) $96,892
75th Percentile $128,350
90th Percentile $166,609

Actuary Salary in Other Mississippi Cities

How to Become a Actuary in Jackson

Education

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

Find Actuary Jobs in Jackson

Browse open actuary positions in Jackson, MS:

Frequently Asked Questions: Actuary Salary in Jackson

How much does a Actuary make in Jackson, MS?
The median actuary salary in Jackson, Mississippi is $96,892 per year, which is 15% below the national median of $113,990. Salaries range from $58,140 (10th percentile) to $166,609 (90th percentile).
How much does a Actuary make per hour in Jackson?
Based on the median annual salary of $96,892, a actuary in Jackson earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Jackson compare to the Mississippi state average for actuary pay?
Jackson's median actuary salary of $96,892 is 2.4% above the Mississippi state average of $94,612. The local cost of living index is 85% of the national average.
What is the cost of living in Jackson, MS?
Jackson has a cost of living index of 85% compared to the national average. This means a actuary salary of $96,892 in Jackson has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Jackson?
Most actuary positions in Jackson 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.