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Actuary Salary in Madison, Wisconsin
The median actuary salary in Madison, WI is $113,990 per year, which is 0.0% above the national median and 8.7% above the Wisconsin state average.
City Median
$113,990
vs State Avg
+$9,119
vs National
+$0
Cost of Living
100%
Actuary Salary in Madison by Experience
In Madison, an entry-level actuary earns around $70,000, while experienced professionals earn up to $175,000 per year. The local cost of living index is 100% of the national average.
Entry Level (0-2 yrs)
$70,000
+$0 vs national
Mid Level (3-7 yrs)
$115,000
+$0 vs national
Senior Level (8+ yrs)
$175,000
+$0 vs national
Salary Percentiles in Madison, WI
| Percentile | Madison |
|---|---|
| 10th Percentile | $68,400 |
| 25th Percentile | $87,200 |
| Median (50th) | $113,990 |
| 75th Percentile | $151,000 |
| 90th Percentile | $196,010 |
Actuary Salary in Other Wisconsin Cities
How to Become a Actuary in Madison
Education
Most actuary positions require a bachelor's degree. Madison and the surrounding Wisconsin 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 Madison may vary based on local industry and population growth.