Business & Finance Tennessee (TN) Rank #41 of 50

Actuary Salary in Tennessee

The median actuary salary in Tennessee is $101,451 per year, which is 11% below the national median of $113,990.

Median Salary
$101,451
vs National
$-12,539
State Rank
#41 of 50
Cost of Living
89%

Actuary Salary in Tennessee by Experience

In Tennessee, an entry-level actuary earns around $62,300, while experienced professionals earn up to $155,750 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$62,300
$-7,700 vs national
Mid Level (3-7 yrs)
$102,350
$-12,650 vs national
Senior Level (8+ yrs)
$155,750
$-19,250 vs national

Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $60,876
25th Percentile $77,608
Median (50th) $101,451
75th Percentile $134,390
90th Percentile $174,449

Major Cities for Actuarys in Tennessee

The largest employment areas for actuarys in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries in major metro areas may be higher due to increased demand and cost of living.

Nashville, TN
Metro area for actuary employment
Memphis, TN
Metro area for actuary employment
Knoxville, TN
Metro area for actuary employment
Chattanooga, TN
Metro area for actuary employment
Murfreesboro, TN
Metro area for actuary employment

How to Become a Actuary in Tennessee

Education

Most actuary positions require a bachelor's degree. Tennessee has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Tennessee

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Tennessee's demand may vary based on local industry trends.