Business & Finance Virginia Beach, VA Pop. 449,974

Actuary Salary in Virginia Beach, Virginia

The median actuary salary in Virginia Beach, VA is $121,969 per year, which is 7.0% above the national median and 1.8% below the Virginia state average.

City Median
$121,969
vs State Avg
$-2,280
vs National
+$7,979
Cost of Living
102%

Actuary Salary in Virginia Beach by Experience

In Virginia Beach, an entry-level actuary earns around $74,900, while experienced professionals earn up to $187,250 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$74,900
+$4,900 vs national
Mid Level (3-7 yrs)
$123,050
+$8,050 vs national
Senior Level (8+ yrs)
$187,250
+$12,250 vs national

Salary Percentiles in Virginia Beach, VA

Percentile Virginia Beach
10th Percentile $73,188
25th Percentile $93,304
Median (50th) $121,969
75th Percentile $161,570
90th Percentile $209,731

Actuary Salary in Other Virginia Cities

How to Become a Actuary in Virginia Beach

Education

Most actuary positions require a bachelor's degree. Virginia Beach and the surrounding Virginia 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 Virginia Beach may vary based on local industry and population growth.

Find Actuary Jobs in Virginia Beach

Browse open actuary positions in Virginia Beach, VA:

Frequently Asked Questions: Actuary Salary in Virginia Beach

How much does a Actuary make in Virginia Beach, VA?
The median actuary salary in Virginia Beach, Virginia is $121,969 per year, which is 7.0% above the national median of $113,990. Salaries range from $73,188 (10th percentile) to $209,731 (90th percentile).
How much does a Actuary make per hour in Virginia Beach?
Based on the median annual salary of $121,969, a actuary in Virginia Beach earns approximately $59 per hour assuming a standard 2,080-hour work year.
How does Virginia Beach compare to the Virginia state average for actuary pay?
Virginia Beach's median actuary salary of $121,969 is 1.8% below the Virginia state average of $124,249. The local cost of living index is 102% of the national average.
What is the cost of living in Virginia Beach, VA?
Virginia Beach has a cost of living index of 102% compared to the national average. This means a actuary salary of $121,969 in Virginia Beach has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a actuary in Virginia Beach?
Most actuary positions in Virginia Beach 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.