Business & Finance Warwick, RI Pop. 82,823

Actuary Salary in Warwick, Rhode Island

The median actuary salary in Warwick, RI is $118,550 per year, which is 4.0% above the national median and 2.8% below the Rhode Island state average.

City Median
$118,550
vs State Avg
$-3,419
vs National
+$4,560
Cost of Living
102%

Actuary Salary in Warwick by Experience

In Warwick, an entry-level actuary earns around $72,800, while experienced professionals earn up to $182,000 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$72,800
+$2,800 vs national
Mid Level (3-7 yrs)
$119,600
+$4,600 vs national
Senior Level (8+ yrs)
$182,000
+$7,000 vs national

Salary Percentiles in Warwick, RI

Percentile Warwick
10th Percentile $71,136
25th Percentile $90,688
Median (50th) $118,550
75th Percentile $157,040
90th Percentile $203,850

Actuary Salary in Other Rhode Island Cities

Providence, RI
$125,389
Pop. 190,934
Cranston, RI
$116,270
Pop. 82,934
East Providence, RI
$113,990
Pop. 47,139
Pawtucket, RI
$111,710
Pop. 75,604

How to Become a Actuary in Warwick

Education

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

Find Actuary Jobs in Warwick

Browse open actuary positions in Warwick, RI:

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Frequently Asked Questions: Actuary Salary in Warwick

How much does a Actuary make in Warwick, RI? ▼
The median actuary salary in Warwick, Rhode Island is $118,550 per year, which is 4.0% above the national median of $113,990. Salaries range from $71,136 (10th percentile) to $203,850 (90th percentile).
How much does a Actuary make per hour in Warwick? ▼
Based on the median annual salary of $118,550, a actuary in Warwick earns approximately $57 per hour assuming a standard 2,080-hour work year.
How does Warwick compare to the Rhode Island state average for actuary pay? ▼
Warwick's median actuary salary of $118,550 is 2.8% below the Rhode Island state average of $121,969. The local cost of living index is 102% of the national average.
What is the cost of living in Warwick, RI? ▼
Warwick has a cost of living index of 102% compared to the national average. This means a actuary salary of $118,550 in Warwick has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Warwick? ▼
Most actuary positions in Warwick 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.