Business & Finance New York City, NY Pop. 8,336,817

Actuary Salary in New York City, New York

The median actuary salary in New York City, NY is $226,840 per year, which is 99.0% above the national median and 48.5% above the New York state average.

City Median
$226,840
vs State Avg
+$74,093
vs National
+$112,850
Cost of Living
187%

Actuary Salary in New York City by Experience

In New York City, an entry-level actuary earns around $139,300, while experienced professionals earn up to $348,250 per year. The local cost of living index is 187% of the national average.

Entry Level (0-2 yrs)
$139,300
+$69,300 vs national
Mid Level (3-7 yrs)
$228,850
+$113,850 vs national
Senior Level (8+ yrs)
$348,250
+$173,250 vs national

Salary Percentiles in New York City, NY

Percentile New York City
10th Percentile $136,116
25th Percentile $173,528
Median (50th) $226,840
75th Percentile $300,490
90th Percentile $390,060

Actuary Salary in Other New York Cities

Yonkers, NY
$167,565
Pop. 211,569
Albany, NY
$125,389
Pop. 99,224
Buffalo, NY
$118,550
Pop. 278,349
Rochester, NY
$116,270
Pop. 211,328

How to Become a Actuary in New York City

Education

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

Find Actuary Jobs in New York City

Browse open actuary positions in New York City, NY:

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Frequently Asked Questions: Actuary Salary in New York City

How much does a Actuary make in New York City, NY? ▼
The median actuary salary in New York City, New York is $226,840 per year, which is 99.0% above the national median of $113,990. Salaries range from $136,116 (10th percentile) to $390,060 (90th percentile).
How much does a Actuary make per hour in New York City? ▼
Based on the median annual salary of $226,840, a actuary in New York City earns approximately $109 per hour assuming a standard 2,080-hour work year.
How does New York City compare to the New York state average for actuary pay? ▼
New York City's median actuary salary of $226,840 is 48.5% above the New York state average of $152,747. The local cost of living index is 187% of the national average.
What is the cost of living in New York City, NY? ▼
New York City has a cost of living index of 187% compared to the national average. This means a actuary salary of $226,840 in New York City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in New York City? ▼
Most actuary positions in New York City 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.