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

Arlington, VA
$156,166
Pop. 238,643
Richmond, VA
$119,690
Pop. 226,610
Chesapeake, VA
$117,410
Pop. 249,422
Norfolk, VA
$115,130
Pop. 238,005

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.