Business & Finance Reno, NV
Pop. 264,165
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.