Actuary Pay

Entry-Level Actuary Salary in Boynton Beach, FL: $74,703 (2026)

Quick Answer:New actuaries entering the Boynton Beach, FL job market in 2026 can expect a starting salary around $74,703 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Boynton Beach's local price level (BEA RPP 100.81% above national), a first-year paycheck buys what $74,110 would in average-cost America. Most reach the city median ($128,800) within a few years of clinical practice.

$74,703
Starting Salary
$35.91/hr
Starting Hourly
$74,703
Entry Level
$128,800
Career Median Target

Based on BLS state-level estimates · View source

Actuary Entry Level Salary in Boynton Beach, FL — 2026 est., based on 2025 BLS
Boynton Beach, FL actuary entry level salary overview (2026 est., based on 2025 BLS)

In 2026, new graduates entering the actuarial field in Boynton Beach, Florida, should anticipate an entry-level actuary salary starting around $74,703. While this figure seems competitive, it represents a notable gap when compared to the city's median annual salary of $128,800. The path for early-career actuaries is promising, as salaries can evolve significantly with experience—progressing from $74,703 to roughly $100,519 within the first few years. Given the city's favorable growth rate of 3.20% projected over the next five years, Boynton Beach presents a viable market for newly minted actuaries looking to establish their careers.

About the Boynton Beach Market

Salary estimated from Florida average ($118,000) adjusted for local cost of living.

Career Earnings Timeline in Boynton Beach

Year 0-2

New Graduate

$74,703/yr
Year 2-5

Early Career

$100,519/yr
Year 5-10

Mid Career

$128,800/yr
Year 10+

Experienced

$164,864/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Boynton Beach

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Boynton Beach. The median salary is $128,800, compared to the national median of $134,160.$67.2K$102.8K$138.4K$174.0K$209.6K$74.7K10th Pctl$100.5K25th Pctl$128.8KMedian$164.9K75th Pctl$199.6K90th PctlUS Median$134.2K

Entry-level actuarys in Boynton Beach, FL typically start between $74,703 and $100,519 per year (2026 est.). The full salary range spans $124,936 from the 10th to 90th percentile, with the local median at $128,8004% below the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of actuary pay in the Boynton Beach metro area.

Return on Investment

$42,000
Avg FL Program Cost
$74,703
Starting Salary
56.22%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Florida of $42,000 represents just 56.22% of the starting actuary pay ($74,703/year) in Boynton Beach. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates cover bachelor's degree tuition at public and private universities, plus estimated actuarial exam fees and study materials. Employers often cover exam costs once employed.

ASA, FSA Salary Negotiation Tips for New Graduates in Boynton Beach

  • 1Research the Boynton Beach market: entry-level actuary pay ranges from $74,703 to $100,519, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the actuarial science field — employers in FL often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Boynton Beach, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Boynton Beach for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Boynton Beach's moderate cost of living means your starting salary goes further here compared to many larger metro areas.

Actuary Compensation Range

The actuary wage spread in Boynton Beach is $124,936 ( 167.24%) between entry-level and top earners. Starting at $74,703, experienced hygienists can earn up to $199,639.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$59,756

2025 BLS Actual

$72,387

2026 Current Est.

$74,703

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Boynton Beach (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Salary trajectory chart for actuaries in Boynton Beach. Baseline $59,756 in 2025, projected to $77,094 by 2027.$54.5K$61.1K$67.7K$74.3K$80.9K2019202020212022202320242025202620272025 BLS$59.8K$60.8K$58.3K$66.1K$69.4K$68.5K$72.4K$74.7K$77.1K
YearAnnual SalaryStatus
2019$59,756Actual
2020$60,834Actual
2021$58,282Actual
2022$66,113Actual
2023$69,448Actual
2024$68,514Actual
2025$72,387Actual
2026(current)$74,703Estimated
2027$77,094Projected

Entry-level actuary compensation (10th percentile) in Boynton Beach, FL grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $59,756 in 2019 to $72,387 in 2025. By 2027, starting salaries are projected to reach $77,094. New graduates entering the Boynton Beach job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Boynton Beach metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 figures are current estimates, and 2027 values are projections, calculated using a 3.20% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.

Starting Your actuarial science Career in Boynton Beach

Employers such as large life insurers like Prudential and MetLife frequently recruit new graduates through well-structured programs that offer exam study time and mentorship. Health insurance companies and consulting firms like Milliman and Mercer also hire entry-level actuaries, sometimes offering higher starting salaries for those with ASA credentials. To enhance starting salaries in Florida, candidates should prioritize obtaining a Bachelor's degree in math, statistics, or actuarial science and passing early actuarial exams. Progress in this field is closely tied to exam completion, with each passed exam contributing an increase of $3,000 to $8,000 in base salary. Early career actuaries in Boynton Beach can expect a gradual salary increase as they pass more exams and gain credentials, setting the stage for potential earnings that balance with or exceed the regional median as they move into their third year and beyond.

Frequently Asked Questions

What is the starting salary for actuaries in Boynton Beach in 2026?

Entry-level actuaries in Boynton Beach start at approximately $74,703/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $35.91/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do actuary salaries grow in Boynton Beach?

Most actuaries in Boynton Beach progress from the entry-level salary of $74,703 to the area median of $128,800 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $199,639 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is actuarial science school worth it in Boynton Beach?

With a starting salary of $74,703/year in Boynton Beach and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new actuaries recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new actuaries make right out of school in Boynton Beach?

New actuarial science graduates in Boynton Beach typically start near the 10th percentile at $74,703/year, or approximately $35.91/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a actuary in Florida?

To become a licensed actuary in Florida, you typically need bachelor's degree in actuarial science, mathematics, statistics, or related field. professional credentialing through society of actuaries (soa) or casualty actuarial society (cas) — typically 7-10 exams to reach fellow level. most actuaries work toward credentials while employed., then pass the required national and state licensing examinations. Most states, including Florida, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some actuaries pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in Florida

MC

Written by Maria Chen, FSA, MAAA

Career Analyst

Maria has 10 years of experience in life insurance. She specializes in risk assessment and pricing strategies.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

Methodology & Data Source

Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new actuarial science graduates. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Boynton Beach. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Boynton Beach is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.20%, derived from historical BLS wage trends for actuarys (SOC 15-2011).

Compiled and verified by Maria Chen, FSA, MAAA, a licensed actuary with 10+ years of clinical experience. · View source data at BLS.gov

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