Business & Finance Raleigh, NC Pop. 467,665

Actuary Salary in Raleigh, North Carolina

The median actuary salary in Raleigh, NC is $115,130 per year, which is 1.0% above the national median and 6.3% above the North Carolina state average.

City Median
$115,130
vs State Avg
+$6,839
vs National
+$1,140
Cost of Living
98%

Actuary Salary in Raleigh by Experience

In Raleigh, an entry-level actuary earns around $70,700, while experienced professionals earn up to $176,750 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$70,700
+$700 vs national
Mid Level (3-7 yrs)
$116,150
+$1,150 vs national
Senior Level (8+ yrs)
$176,750
+$1,750 vs national

Salary Percentiles in Raleigh, NC

Percentile Raleigh
10th Percentile $69,084
25th Percentile $88,072
Median (50th) $115,130
75th Percentile $152,510
90th Percentile $197,970

Actuary Salary in Other North Carolina Cities

How to Become a Actuary in Raleigh

Education

Most actuary positions require a bachelor's degree. Raleigh and the surrounding North Carolina 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 Raleigh may vary based on local industry and population growth.

Find Actuary Jobs in Raleigh

Browse open actuary positions in Raleigh, NC:

Frequently Asked Questions: Actuary Salary in Raleigh

How much does a Actuary make in Raleigh, NC?
The median actuary salary in Raleigh, North Carolina is $115,130 per year, which is 1.0% above the national median of $113,990. Salaries range from $69,084 (10th percentile) to $197,970 (90th percentile).
How much does a Actuary make per hour in Raleigh?
Based on the median annual salary of $115,130, a actuary in Raleigh earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Raleigh compare to the North Carolina state average for actuary pay?
Raleigh's median actuary salary of $115,130 is 6.3% above the North Carolina state average of $108,291. The local cost of living index is 98% of the national average.
What is the cost of living in Raleigh, NC?
Raleigh has a cost of living index of 98% compared to the national average. This means a actuary salary of $115,130 in Raleigh has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Raleigh?
Most actuary positions in Raleigh 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.