Business & Finance Billings, MT Pop. 117,116

Actuary Salary in Billings, Montana

The median actuary salary in Billings, MT is $109,430 per year, which is 4% below the national median and 1.1% above the Montana state average.

City Median
$109,430
vs State Avg
+$1,139
vs National
$-4,560
Cost of Living
96%

Actuary Salary in Billings by Experience

In Billings, an entry-level actuary earns around $67,200, while experienced professionals earn up to $168,000 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$67,200
$-2,800 vs national
Mid Level (3-7 yrs)
$110,400
$-4,600 vs national
Senior Level (8+ yrs)
$168,000
$-7,000 vs national

Salary Percentiles in Billings, MT

Percentile Billings
10th Percentile $65,664
25th Percentile $83,712
Median (50th) $109,430
75th Percentile $144,960
90th Percentile $188,170

Actuary Salary in Other Montana Cities

Bozeman, MT
$131,089
Pop. 53,293
Missoula, MT
$116,270
Pop. 75,516
Helena, MT
$107,151
Pop. 32,315
Great Falls, MT
$100,311
Pop. 60,442

How to Become a Actuary in Billings

Education

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

Find Actuary Jobs in Billings

Browse open actuary positions in Billings, MT:

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Frequently Asked Questions: Actuary Salary in Billings

How much does a Actuary make in Billings, MT? ▼
The median actuary salary in Billings, Montana is $109,430 per year, which is 4% below the national median of $113,990. Salaries range from $65,664 (10th percentile) to $188,170 (90th percentile).
How much does a Actuary make per hour in Billings? ▼
Based on the median annual salary of $109,430, a actuary in Billings earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Billings compare to the Montana state average for actuary pay? ▼
Billings's median actuary salary of $109,430 is 1.1% above the Montana state average of $108,291. The local cost of living index is 96% of the national average.
What is the cost of living in Billings, MT? ▼
Billings has a cost of living index of 96% compared to the national average. This means a actuary salary of $109,430 in Billings has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Billings? ▼
Most actuary positions in Billings 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.