Business & Finance Columbia, SC Pop. 131,674

Actuary Salary in Columbia, South Carolina

The median actuary salary in Columbia, SC is $102,591 per year, which is 10% below the national median and 1.1% above the South Carolina state average.

City Median
$102,591
vs State Avg
+$1,140
vs National
$-11,399
Cost of Living
90%

Actuary Salary in Columbia by Experience

In Columbia, an entry-level actuary earns around $63,000, while experienced professionals earn up to $157,500 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$63,000
$-7,000 vs national
Mid Level (3-7 yrs)
$103,500
$-11,500 vs national
Senior Level (8+ yrs)
$157,500
$-17,500 vs national

Salary Percentiles in Columbia, SC

Percentile Columbia
10th Percentile $61,560
25th Percentile $78,480
Median (50th) $102,591
75th Percentile $135,900
90th Percentile $176,409

Actuary Salary in Other South Carolina Cities

Mount Pleasant, SC
$119,690
Pop. 94,171
Charleston, SC
$113,990
Pop. 150,227
North Charleston, SC
$108,291
Pop. 115,382
Greenville, SC
$104,871
Pop. 72,095

How to Become a Actuary in Columbia

Education

Most actuary positions require a bachelor's degree. Columbia and the surrounding South Carolina 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 Columbia may vary based on local industry and population growth.

Find Actuary Jobs in Columbia

Browse open actuary positions in Columbia, SC:

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Frequently Asked Questions: Actuary Salary in Columbia

How much does a Actuary make in Columbia, SC? ▼
The median actuary salary in Columbia, South Carolina is $102,591 per year, which is 10% below the national median of $113,990. Salaries range from $61,560 (10th percentile) to $176,409 (90th percentile).
How much does a Actuary make per hour in Columbia? ▼
Based on the median annual salary of $102,591, a actuary in Columbia earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Columbia compare to the South Carolina state average for actuary pay? ▼
Columbia's median actuary salary of $102,591 is 1.1% above the South Carolina state average of $101,451. The local cost of living index is 90% of the national average.
What is the cost of living in Columbia, SC? ▼
Columbia has a cost of living index of 90% compared to the national average. This means a actuary salary of $102,591 in Columbia has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Columbia? ▼
Most actuary positions in Columbia 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.