Business & Finance Rochester, NY Pop. 211,328

Actuary Salary in Rochester, New York

The median actuary salary in Rochester, NY is $116,270 per year, which is 2.0% above the national median and 23.9% below the New York state average.

City Median
$116,270
vs State Avg
$-36,477
vs National
+$2,280
Cost of Living
90%

Actuary Salary in Rochester by Experience

In Rochester, an entry-level actuary earns around $71,400, while experienced professionals earn up to $178,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$71,400
+$1,400 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$178,500
+$3,500 vs national

Salary Percentiles in Rochester, NY

Percentile Rochester
10th Percentile $69,768
25th Percentile $88,944
Median (50th) $116,270
75th Percentile $154,020
90th Percentile $199,930

Actuary Salary in Other New York Cities

New York City, NY
$226,840
Pop. 8,336,817
Yonkers, NY
$167,565
Pop. 211,569
Albany, NY
$125,389
Pop. 99,224
Buffalo, NY
$118,550
Pop. 278,349

How to Become a Actuary in Rochester

Education

Most actuary positions require a bachelor's degree. Rochester 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 Rochester may vary based on local industry and population growth.

Find Actuary Jobs in Rochester

Browse open actuary positions in Rochester, NY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Rochester

How much does a Actuary make in Rochester, NY? ▼
The median actuary salary in Rochester, New York is $116,270 per year, which is 2.0% above the national median of $113,990. Salaries range from $69,768 (10th percentile) to $199,930 (90th percentile).
How much does a Actuary make per hour in Rochester? ▼
Based on the median annual salary of $116,270, a actuary in Rochester earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Rochester compare to the New York state average for actuary pay? ▼
Rochester's median actuary salary of $116,270 is 23.9% below the New York state average of $152,747. The local cost of living index is 90% of the national average.
What is the cost of living in Rochester, NY? ▼
Rochester has a cost of living index of 90% compared to the national average. This means a actuary salary of $116,270 in Rochester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Rochester? ▼
Most actuary positions in Rochester 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.