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.