Business & Finance Columbia, MO Pop. 126,254

Actuary Salary in Columbia, Missouri

The median actuary salary in Columbia, MO is $100,311 per year, which is 12% below the national median and 0.0% above the Missouri state average.

City Median
$100,311
vs State Avg
+$0
vs National
$-13,679
Cost of Living
88%

Actuary Salary in Columbia by Experience

In Columbia, 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 Columbia, MO

Percentile Columbia
10th Percentile $60,192
25th Percentile $76,736
Median (50th) $100,311
75th Percentile $132,880
90th Percentile $172,489

Actuary Salary in Other Missouri Cities

How to Become a Actuary in Columbia

Education

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

Find Actuary Jobs in Columbia

Browse open actuary positions in Columbia, MO:

Frequently Asked Questions: Actuary Salary in Columbia

How much does a Actuary make in Columbia, MO?
The median actuary salary in Columbia, Missouri 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 Columbia?
Based on the median annual salary of $100,311, a actuary in Columbia earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Columbia compare to the Missouri state average for actuary pay?
Columbia's median actuary salary of $100,311 is 0.0% above the Missouri state average of $100,311. The local cost of living index is 88% of the national average.
What is the cost of living in Columbia, MO?
Columbia has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Columbia has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Columbia?
Most actuary positions in Columbia 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.