Business & Finance Philadelphia, PA
Pop. 1,603,797
Actuary Salary in Philadelphia, Pennsylvania
The median actuary salary in Philadelphia, PA is $120,829 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.
City Median
$120,829
vs State Avg
+$6,839
vs National
+$6,839
Cost of Living
102%
Actuary Salary in Philadelphia by Experience
In Philadelphia, an entry-level actuary earns around $74,200, while experienced professionals earn up to $185,500 per year. The local cost of living index is 102% of the national average.
Entry Level (0-2 yrs)
$74,200
+$4,200 vs national
Mid Level (3-7 yrs)
$121,900
+$6,900 vs national
Senior Level (8+ yrs)
$185,500
+$10,500 vs national
Salary Percentiles in Philadelphia, PA
| Percentile | Philadelphia |
|---|---|
| 10th Percentile | $72,504 |
| 25th Percentile | $92,432 |
| Median (50th) | $120,829 |
| 75th Percentile | $160,060 |
| 90th Percentile | $207,771 |
Actuary Salary in Other Pennsylvania Cities
How to Become a Actuary in Philadelphia
Education
Most actuary positions require a bachelor's degree. Philadelphia and the surrounding Pennsylvania 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 Philadelphia may vary based on local industry and population growth.