Business & Finance Bismarck, ND Pop. 73,529

Actuary Salary in Bismarck, North Dakota

The median actuary salary in Bismarck, ND is $102,591 per year, which is 10% below the national median and 0.0% above the North Dakota state average.

City Median
$102,591
vs State Avg
+$0
vs National
$-11,399
Cost of Living
90%

Actuary Salary in Bismarck by Experience

In Bismarck, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

Salary Percentiles in Bismarck, ND

Percentile Bismarck
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary in Other North Dakota Cities

How to Become a Actuary in Bismarck

Education

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

Find Actuary Jobs in Bismarck

Browse open actuary positions in Bismarck, ND:

Frequently Asked Questions: Actuary Salary in Bismarck

How much does a Actuary make in Bismarck, ND?
The median actuary salary in Bismarck, North Dakota is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in Bismarck?
Based on the median annual salary of $102,591, a actuary in Bismarck earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Bismarck compare to the North Dakota state average for actuary pay?
Bismarck's median actuary salary of $102,591 is 0.0% above the North Dakota state average of $102,591. The local cost of living index is 90% of the national average.
What is the cost of living in Bismarck, ND?
Bismarck has a cost of living index of 90% compared to the national average. This means a actuary salary of $102,591 in Bismarck has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Bismarck?
Most actuary positions in Bismarck 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.