Business & Finance East Providence, RI Pop. 47,139

Actuary Salary in East Providence, Rhode Island

The median actuary salary in East Providence, RI is $113,990 per year, which is 0.0% above the national median and 6.5% below the Rhode Island state average.

City Median
$113,990
vs State Avg
$-7,979
vs National
+$0
Cost of Living
98%

Actuary Salary in East Providence by Experience

In East Providence, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The local cost of living index is 98% 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 East Providence, RI

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

Actuary Salary in Other Rhode Island Cities

How to Become a Actuary in East Providence

Education

Most actuary positions require a bachelor's degree. East Providence and the surrounding Rhode Island 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 East Providence may vary based on local industry and population growth.

Find Actuary Jobs in East Providence

Browse open actuary positions in East Providence, RI:

Frequently Asked Questions: Actuary Salary in East Providence

How much does a Actuary make in East Providence, RI?
The median actuary salary in East Providence, Rhode Island is $113,990 per year, which is 0.0% above the national median of $113,990. Salaries range from $68,400 (10th percentile) to $196,010 (90th percentile).
How much does a Actuary make per hour in East Providence?
Based on the median annual salary of $113,990, a actuary in East Providence earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does East Providence compare to the Rhode Island state average for actuary pay?
East Providence's median actuary salary of $113,990 is 6.5% below the Rhode Island state average of $121,969. The local cost of living index is 98% of the national average.
What is the cost of living in East Providence, RI?
East Providence has a cost of living index of 98% compared to the national average. This means a actuary salary of $113,990 in East Providence has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in East Providence?
Most actuary positions in East Providence 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.