Business & Finance Norman, OK
Pop. 128,026
Actuary Salary in Norman, Oklahoma
The median actuary salary in Norman, OK is $100,311 per year, which is 12% below the national median and 2.3% above the Oklahoma state average.
City Median
$100,311
vs State Avg
+$2,280
vs National
$-13,679
Cost of Living
88%
Actuary Salary in Norman by Experience
In Norman, an entry-level actuary earns around $61,600, while experienced professionals earn up to $154,000 per year. The local cost of living index is 88% of the national average.
Entry Level (0-2 yrs)
$61,600
$-8,400 vs national
Mid Level (3-7 yrs)
$101,200
$-13,800 vs national
Senior Level (8+ yrs)
$154,000
$-21,000 vs national
Salary Percentiles in Norman, OK
| Percentile | Norman |
|---|---|
| 10th Percentile | $60,192 |
| 25th Percentile | $76,736 |
| Median (50th) | $100,311 |
| 75th Percentile | $132,880 |
| 90th Percentile | $172,489 |
Actuary Salary in Other Oklahoma Cities
How to Become a Actuary in Norman
Education
Most actuary positions require a bachelor's degree. Norman and the surrounding Oklahoma 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 Norman may vary based on local industry and population growth.
Find Actuary Jobs in Norman
Browse open actuary positions in Norman, OK:
Frequently Asked Questions: Actuary Salary in Norman
How much does a Actuary make in Norman, OK? ▼
The median actuary salary in Norman, Oklahoma is $100,311 per year, which is 12% below the national median of $113,990. Salaries range from $60,192 (10th percentile) to $172,489 (90th percentile).
How much does a Actuary make per hour in Norman? ▼
Based on the median annual salary of $100,311, a actuary in Norman earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Norman compare to the Oklahoma state average for actuary pay? ▼
Norman's median actuary salary of $100,311 is 2.3% above the Oklahoma state average of $98,031. The local cost of living index is 88% of the national average.
What is the cost of living in Norman, OK? ▼
Norman has a cost of living index of 88% compared to the national average. This means a actuary salary of $100,311 in Norman has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Norman? ▼
Most actuary positions in Norman 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.