Business & Finance Cleveland, OH Pop. 372,624

Actuary Salary in Cleveland, Ohio

The median actuary salary in Cleveland, OH is $98,031 per year, which is 14% below the national median and 4.4% below the Ohio state average.

City Median
$98,031
vs State Avg
$-4,560
vs National
$-15,959
Cost of Living
86%

Actuary Salary in Cleveland by Experience

In Cleveland, an entry-level actuary earns around $60,200, while experienced professionals earn up to $150,500 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$60,200
$-9,800 vs national
Mid Level (3-7 yrs)
$98,900
$-16,100 vs national
Senior Level (8+ yrs)
$150,500
$-24,500 vs national

Salary Percentiles in Cleveland, OH

Percentile Cleveland
10th Percentile $58,824
25th Percentile $74,992
Median (50th) $98,031
75th Percentile $129,860
90th Percentile $168,569

Actuary Salary in Other Ohio Cities

Columbus, OH
$108,291
Pop. 905,748
Cincinnati, OH
$102,591
Pop. 309,317
Akron, OH
$95,752
Pop. 190,469
Toledo, OH
$93,472
Pop. 270,871

How to Become a Actuary in Cleveland

Education

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

Find Actuary Jobs in Cleveland

Browse open actuary positions in Cleveland, OH:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Actuary Salary in Cleveland

How much does a Actuary make in Cleveland, OH? ▼
The median actuary salary in Cleveland, Ohio is $98,031 per year, which is 14% below the national median of $113,990. Salaries range from $58,824 (10th percentile) to $168,569 (90th percentile).
How much does a Actuary make per hour in Cleveland? ▼
Based on the median annual salary of $98,031, a actuary in Cleveland earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Cleveland compare to the Ohio state average for actuary pay? ▼
Cleveland's median actuary salary of $98,031 is 4.4% below the Ohio state average of $102,591. The local cost of living index is 86% of the national average.
What is the cost of living in Cleveland, OH? ▼
Cleveland has a cost of living index of 86% compared to the national average. This means a actuary salary of $98,031 in Cleveland has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Cleveland? ▼
Most actuary positions in Cleveland 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.