Business & Finance Pennsylvania (PA) Rank #18 of 50

Actuary Salary in Pennsylvania

The median actuary salary in Pennsylvania is $113,990 per year, which is 0.0% above the national median of $113,990.

Median Salary
$113,990
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Actuary Salary in Pennsylvania by Experience

In Pennsylvania, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$70,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national

Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $68,400
25th Percentile $87,200
Median (50th) $113,990
75th Percentile $151,000
90th Percentile $196,010

Major Cities for Actuarys in Pennsylvania

The largest employment areas for actuarys in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries in major metro areas may be higher due to increased demand and cost of living.

Philadelphia, PA
Metro area for actuary employment
Pittsburgh, PA
Metro area for actuary employment
Allentown, PA
Metro area for actuary employment
Reading, PA
Metro area for actuary employment
Erie, PA
Metro area for actuary employment

How to Become a Actuary in Pennsylvania

Education

Most actuary positions require a bachelor's degree. Pennsylvania has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Pennsylvania

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Pennsylvania's demand may vary based on local industry trends.