Business & Finance Orem, UT
Pop. 97,499
Actuary Salary in Orem, Utah
The median actuary salary in Orem, UT is $108,291 per year, which is 5% below the national median and 2.1% below the Utah state average.
City Median
$108,291
vs State Avg
$-2,279
vs National
$-5,699
Cost of Living
95%
Actuary Salary in Orem by Experience
In Orem, an entry-level actuary earns around $66,500, while experienced professionals earn up to $166,250 per year. The local cost of living index is 95% of the national average.
Entry Level (0-2 yrs)
$66,500
$-3,500 vs national
Mid Level (3-7 yrs)
$109,250
$-5,750 vs national
Senior Level (8+ yrs)
$166,250
$-8,750 vs national
Salary Percentiles in Orem, UT
| Percentile | Orem |
|---|---|
| 10th Percentile | $64,980 |
| 25th Percentile | $82,840 |
| Median (50th) | $108,291 |
| 75th Percentile | $143,450 |
| 90th Percentile | $186,210 |
Actuary Salary in Other Utah Cities
How to Become a Actuary in Orem
Education
Most actuary positions require a bachelor's degree. Orem and the surrounding Utah 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 Orem may vary based on local industry and population growth.