Business & Finance Springfield, MO Pop. 169,176

Actuary Salary in Springfield, Missouri

The median actuary salary in Springfield, MO is $93,472 per year, which is 18% below the national median and 6.8% below the Missouri state average.

City Median
$93,472
vs State Avg
$-6,839
vs National
$-20,518
Cost of Living
82%

Actuary Salary in Springfield by Experience

In Springfield, an entry-level actuary earns around $57,400, while experienced professionals earn up to $143,500 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$57,400
$-12,600 vs national
Mid Level (3-7 yrs)
$94,300
$-20,700 vs national
Senior Level (8+ yrs)
$143,500
$-31,500 vs national

Salary Percentiles in Springfield, MO

Percentile Springfield
10th Percentile $56,088
25th Percentile $71,504
Median (50th) $93,472
75th Percentile $123,820
90th Percentile $160,728

Actuary Salary in Other Missouri Cities

Kansas City, MO
$104,871
Pop. 508,090
Saint Louis, MO
$102,591
Pop. 301,578
Columbia, MO
$100,311
Pop. 126,254
Independence, MO
$96,892
Pop. 123,011

How to Become a Actuary in Springfield

Education

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

Find Actuary Jobs in Springfield

Browse open actuary positions in Springfield, MO:

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Frequently Asked Questions: Actuary Salary in Springfield

How much does a Actuary make in Springfield, MO? ▼
The median actuary salary in Springfield, Missouri is $93,472 per year, which is 18% below the national median of $113,990. Salaries range from $56,088 (10th percentile) to $160,728 (90th percentile).
How much does a Actuary make per hour in Springfield? ▼
Based on the median annual salary of $93,472, a actuary in Springfield earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Missouri state average for actuary pay? ▼
Springfield's median actuary salary of $93,472 is 6.8% below the Missouri state average of $100,311. The local cost of living index is 82% of the national average.
What is the cost of living in Springfield, MO? ▼
Springfield has a cost of living index of 82% compared to the national average. This means a actuary salary of $93,472 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Springfield? ▼
Most actuary positions in Springfield 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.