Business & Finance Rochester, NY
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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
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.