Business & Finance New York (NY) Rank #4 of 50

Actuary Salary in New York

The median actuary salary in New York is $152,747 per year, which is 34.0% above the national median of $113,990.

Median Salary
$152,747
vs National
+$38,757
State Rank
#4 of 50
Cost of Living
122%

Actuary Salary in New York by Experience

In New York, an entry-level actuary earns around $93,800, while experienced professionals earn up to $234,500 per year. The cost of living index in New York is 122% of the national average.

Entry Level (0-2 yrs)
$93,800
+$23,800 vs national
Mid Level (3-7 yrs)
$154,100
+$39,100 vs national
Senior Level (8+ yrs)
$234,500
+$59,500 vs national

Salary Percentiles in New York

Percentile NY Salary
10th Percentile $91,656
25th Percentile $116,848
Median (50th) $152,747
75th Percentile $202,340
90th Percentile $262,653

Major Cities for Actuarys in New York

The largest employment areas for actuarys in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries in major metro areas may be higher due to increased demand and cost of living.

New York City, NY
Metro area for actuary employment
Buffalo, NY
Metro area for actuary employment
Rochester, NY
Metro area for actuary employment
Yonkers, NY
Metro area for actuary employment
Albany, NY
Metro area for actuary employment

How to Become a Actuary in New York

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in New York

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