Business & Finance Virginia (VA) Rank #11 of 50

Actuary Salary in Virginia

The median actuary salary in Virginia is $124,249 per year, which is 9.0% above the national median of $113,990.

Median Salary
$124,249
vs National
+$10,259
State Rank
#11 of 50
Cost of Living
104%

Actuary Salary in Virginia by Experience

In Virginia, an entry-level actuary earns around $76,300, while experienced professionals earn up to $190,750 per year. The cost of living index in Virginia is 104% of the national average.

Entry Level (0-2 yrs)
$76,300
+$6,300 vs national
Mid Level (3-7 yrs)
$125,350
+$10,350 vs national
Senior Level (8+ yrs)
$190,750
+$15,750 vs national

Salary Percentiles in Virginia

Percentile VA Salary
10th Percentile $74,556
25th Percentile $95,048
Median (50th) $124,249
75th Percentile $164,590
90th Percentile $213,651

Major Cities for Actuarys in Virginia

The largest employment areas for actuarys in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries in major metro areas may be higher due to increased demand and cost of living.

Virginia Beach, VA
Metro area for actuary employment
Norfolk, VA
Metro area for actuary employment
Richmond, VA
Metro area for actuary employment
Arlington, VA
Metro area for actuary employment
Chesapeake, VA
Metro area for actuary employment

How to Become a Actuary in Virginia

Education

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

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Virginia

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