Business & Finance Montana (MT) Rank #26 of 50

Actuary Salary in Montana

The median actuary salary in Montana is $108,291 per year, which is 5% below the national median of $113,990.

Median Salary
$108,291
vs National
$-5,699
State Rank
#26 of 50
Cost of Living
95%

Actuary Salary in Montana by Experience

In Montana, an entry-level actuary earns around $66,500, while experienced professionals earn up to $166,250 per year. The cost of living index in Montana is 95% of the national average.

Entry Level (0-2 yrs)
$66,500
$-3,500 vs national
Mid Level (3-7 yrs)
$109,250
$-5,750 vs national
Senior Level (8+ yrs)
$166,250
$-8,750 vs national

Salary Percentiles in Montana

Percentile MT Salary
10th Percentile $64,980
25th Percentile $82,840
Median (50th) $108,291
75th Percentile $143,450
90th Percentile $186,210

Major Cities for Actuarys in Montana

The largest employment areas for actuarys in Montana include Billings, Missoula, Great Falls, and Bozeman. Salaries in major metro areas may be higher due to increased demand and cost of living.

Billings, MT
Metro area for actuary employment
Missoula, MT
Metro area for actuary employment
Great Falls, MT
Metro area for actuary employment
Bozeman, MT
Metro area for actuary employment
Helena, MT
Metro area for actuary employment

How to Become a Actuary in Montana

Education

Most actuary positions require a bachelor's degree. Montana has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Montana

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Montana's demand may vary based on local industry trends.