Business & Finance Salt Lake City, UT Pop. 200,133

Actuary Salary in Salt Lake City, Utah

The median actuary salary in Salt Lake City, UT is $116,270 per year, which is 2.0% above the national median and 5.2% above the Utah state average.

City Median
$116,270
vs State Avg
+$5,700
vs National
+$2,280
Cost of Living
102%

Actuary Salary in Salt Lake City by Experience

In Salt Lake City, an entry-level actuary earns around $71,400, while experienced professionals earn up to $178,500 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$71,400
+$1,400 vs national
Mid Level (3-7 yrs)
$117,300
+$2,300 vs national
Senior Level (8+ yrs)
$178,500
+$3,500 vs national

Salary Percentiles in Salt Lake City, UT

Percentile Salt Lake City
10th Percentile $69,768
25th Percentile $88,944
Median (50th) $116,270
75th Percentile $154,020
90th Percentile $199,930

Actuary Salary in Other Utah Cities

How to Become a Actuary in Salt Lake City

Education

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

Find Actuary Jobs in Salt Lake City

Browse open actuary positions in Salt Lake City, UT:

Frequently Asked Questions: Actuary Salary in Salt Lake City

How much does a Actuary make in Salt Lake City, UT?
The median actuary salary in Salt Lake City, Utah is $116,270 per year, which is 2.0% above the national median of $113,990. Salaries range from $69,768 (10th percentile) to $199,930 (90th percentile).
How much does a Actuary make per hour in Salt Lake City?
Based on the median annual salary of $116,270, a actuary in Salt Lake City earns approximately $56 per hour assuming a standard 2,080-hour work year.
How does Salt Lake City compare to the Utah state average for actuary pay?
Salt Lake City's median actuary salary of $116,270 is 5.2% above the Utah state average of $110,570. The local cost of living index is 102% of the national average.
What is the cost of living in Salt Lake City, UT?
Salt Lake City has a cost of living index of 102% compared to the national average. This means a actuary salary of $116,270 in Salt Lake City has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Salt Lake City?
Most actuary positions in Salt Lake City 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.