Business & Finance Roswell, NM Pop. 48,422

Actuary Salary in Roswell, New Mexico

The median actuary salary in Roswell, NM is $93,472 per year, which is 18% below the national median and 11.8% below the New Mexico state average.

City Median
$93,472
vs State Avg
$-12,539
vs National
$-20,518
Cost of Living
82%

Actuary Salary in Roswell by Experience

In Roswell, 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 Roswell, NM

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

Actuary Salary in Other New Mexico Cities

Santa Fe, NM
$125,389
Pop. 87,505
Albuquerque, NM
$108,291
Pop. 564,559
Rio Rancho, NM
$104,871
Pop. 104,046
Las Cruces, NM
$100,311
Pop. 111,385

How to Become a Actuary in Roswell

Education

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

Find Actuary Jobs in Roswell

Browse open actuary positions in Roswell, NM:

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Frequently Asked Questions: Actuary Salary in Roswell

How much does a Actuary make in Roswell, NM? ▼
The median actuary salary in Roswell, New Mexico 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 Roswell? ▼
Based on the median annual salary of $93,472, a actuary in Roswell earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Roswell compare to the New Mexico state average for actuary pay? ▼
Roswell's median actuary salary of $93,472 is 11.8% below the New Mexico state average of $106,011. The local cost of living index is 82% of the national average.
What is the cost of living in Roswell, NM? ▼
Roswell has a cost of living index of 82% compared to the national average. This means a actuary salary of $93,472 in Roswell has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Roswell? ▼
Most actuary positions in Roswell 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.