Business & Finance Provo, UT Pop. 115,162

Actuary Salary in Provo, Utah

The median actuary salary in Provo, UT is $109,430 per year, which is 4% below the national median and 1% below the Utah state average.

City Median
$109,430
vs State Avg
$-1,140
vs National
$-4,560
Cost of Living
96%

Actuary Salary in Provo by Experience

In Provo, an entry-level actuary earns around $67,200, while experienced professionals earn up to $168,000 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$67,200
$-2,800 vs national
Mid Level (3-7 yrs)
$110,400
$-4,600 vs national
Senior Level (8+ yrs)
$168,000
$-7,000 vs national

Salary Percentiles in Provo, UT

Percentile Provo
10th Percentile $65,664
25th Percentile $83,712
Median (50th) $109,430
75th Percentile $144,960
90th Percentile $188,170

Actuary Salary in Other Utah Cities

How to Become a Actuary in Provo

Education

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

Find Actuary Jobs in Provo

Browse open actuary positions in Provo, UT:

Frequently Asked Questions: Actuary Salary in Provo

How much does a Actuary make in Provo, UT?
The median actuary salary in Provo, Utah is $109,430 per year, which is 4% below the national median of $113,990. Salaries range from $65,664 (10th percentile) to $188,170 (90th percentile).
How much does a Actuary make per hour in Provo?
Based on the median annual salary of $109,430, a actuary in Provo earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does Provo compare to the Utah state average for actuary pay?
Provo's median actuary salary of $109,430 is 1% below the Utah state average of $110,570. The local cost of living index is 96% of the national average.
What is the cost of living in Provo, UT?
Provo has a cost of living index of 96% compared to the national average. This means a actuary salary of $109,430 in Provo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Provo?
Most actuary positions in Provo 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.