Business & Finance Pawtucket, RI Pop. 75,604

Actuary Salary in Pawtucket, Rhode Island

The median actuary salary in Pawtucket, RI is $111,710 per year, which is 2% below the national median and 8.4% below the Rhode Island state average.

City Median
$111,710
vs State Avg
$-10,259
vs National
$-2,280
Cost of Living
96%

Actuary Salary in Pawtucket by Experience

In Pawtucket, an entry-level actuary earns around $68,600, while experienced professionals earn up to $171,500 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$68,600
$-1,400 vs national
Mid Level (3-7 yrs)
$112,700
$-2,300 vs national
Senior Level (8+ yrs)
$171,500
$-3,500 vs national

Salary Percentiles in Pawtucket, RI

Percentile Pawtucket
10th Percentile $67,032
25th Percentile $85,456
Median (50th) $111,710
75th Percentile $147,980
90th Percentile $192,090

Actuary Salary in Other Rhode Island Cities

Providence, RI
$125,389
Pop. 190,934
Warwick, RI
$118,550
Pop. 82,823
Cranston, RI
$116,270
Pop. 82,934
East Providence, RI
$113,990
Pop. 47,139

How to Become a Actuary in Pawtucket

Education

Most actuary positions require a bachelor's degree. Pawtucket 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 Pawtucket may vary based on local industry and population growth.

Find Actuary Jobs in Pawtucket

Browse open actuary positions in Pawtucket, RI:

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Frequently Asked Questions: Actuary Salary in Pawtucket

How much does a Actuary make in Pawtucket, RI? ▼
The median actuary salary in Pawtucket, Rhode Island is $111,710 per year, which is 2% below the national median of $113,990. Salaries range from $67,032 (10th percentile) to $192,090 (90th percentile).
How much does a Actuary make per hour in Pawtucket? ▼
Based on the median annual salary of $111,710, a actuary in Pawtucket earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Pawtucket compare to the Rhode Island state average for actuary pay? ▼
Pawtucket's median actuary salary of $111,710 is 8.4% below the Rhode Island state average of $121,969. The local cost of living index is 96% of the national average.
What is the cost of living in Pawtucket, RI? ▼
Pawtucket has a cost of living index of 96% compared to the national average. This means a actuary salary of $111,710 in Pawtucket has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Pawtucket? ▼
Most actuary positions in Pawtucket 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.