Business & Finance Reno, NV
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Actuary Salary in Reno, Nevada
The median actuary salary in Reno, NV is $118,550 per year, which is 4.0% above the national median and 7.2% above the Nevada state average.
City Median
$118,550
vs State Avg
+$7,980
vs National
+$4,560
Cost of Living
104%
Actuary Salary in Reno by Experience
In Reno, an entry-level actuary earns around $72,800, while experienced professionals earn up to $182,000 per year. The local cost of living index is 104% of the national average.
Entry Level (0-2 yrs)
$72,800
+$2,800 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$182,000
+$7,000 vs national
Salary Percentiles in Reno, NV
| Percentile | Reno |
|---|---|
| 10th Percentile | $71,136 |
| 25th Percentile | $90,688 |
| Median (50th) | $118,550 |
| 75th Percentile | $157,040 |
| 90th Percentile | $203,850 |
Actuary Salary in Other Nevada Cities
How to Become a Actuary in Reno
Education
Most actuary positions require a bachelor's degree. Reno and the surrounding Nevada 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 Reno may vary based on local industry and population growth.
Find Actuary Jobs in Reno
Browse open actuary positions in Reno, NV:
Frequently Asked Questions: Actuary Salary in Reno
How much does a Actuary make in Reno, NV? ▼
The median actuary salary in Reno, Nevada is $118,550 per year, which is 4.0% above the national median of $113,990. Salaries range from $71,136 (10th percentile) to $203,850 (90th percentile).
How much does a Actuary make per hour in Reno? ▼
Based on the median annual salary of $118,550, a actuary in Reno earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Reno compare to the Nevada state average for actuary pay? ▼
Reno's median actuary salary of $118,550 is 7.2% above the Nevada state average of $110,570. The local cost of living index is 104% of the national average.
What is the cost of living in Reno, NV? ▼
Reno has a cost of living index of 104% compared to the national average. This means a actuary salary of $118,550 in Reno has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Reno? ▼
Most actuary positions in Reno 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.