Entry-Level Actuary Salary in Davie, FL: $82,363 (2026)
Quick Answer:New actuaries entering the Davie, FL job market in 2026 can expect a starting salary around $82,363 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Davie's local price level (BEA RPP 100.8 — 1% above national), a first-year paycheck buys what $81,709 would in average-cost America. Most reach the city median ($130,658) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, the starting salary for entry-level actuaries in Davie, Florida is projected to be $82,363. This figure is significantly lower than the city’s overall median actuary salary of $130,658, presenting new graduates with a considerable gap to bridge as they begin their careers. However, with the annual growth trajectory of 3.20%, early-career professionals in this market can expect their salaries to climb from the entry-level threshold as they gain experience and qualifications. By reaching the 25th percentile at $100,082 within a few years, those who diligently pursue professional development can realistically aim for median earnings over their initial 3-5 years on the job. Given the projected salary range and the opportunities available in the region, Davie represents a favorable market for new actuaries starting their careers.
About the Davie Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Career Earnings Timeline in Davie
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Davie
Entry-level actuarys in Davie, FL typically start between $82,363 and $100,082 per year (2026 est.). The full salary range spans $120,158 from the 10th to 90th percentile, with the local median at $130,658 — 2.61% below the national median.
Return on Investment
The average actuarial science program cost in Florida of $42,000 represents just 50.99% of the starting actuary pay ($82,363/year) in Davie. 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 Davie
- 1Research the Davie market: entry-level actuary pay ranges from $82,363 to $100,082, 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 Davie, 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 Davie for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Davie'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 Davie is $120,158 ( 145.89%) between entry-level and top earners. Starting at $82,363, experienced hygienists can earn up to $202,521.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$65,883
2025 BLS Actual
$79,809
2026 Current Est.
$82,363
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Davie (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $65,883 | Actual |
| 2020 | $67,071 | Actual |
| 2021 | $64,258 | Actual |
| 2022 | $72,892 | Actual |
| 2023 | $76,569 | Actual |
| 2024 | $74,815 | Actual |
| 2025 | $79,809 | Actual |
| 2026(current) | $82,363 | Estimated |
| 2027 | $84,999 | Projected |
Entry-level actuary compensation (10th percentile) in Davie, FL grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $65,883 in 2019 to $79,809 in 2025. By 2027, starting salaries are projected to reach $84,999. New graduates entering the Davie job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Davie metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 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 Davie
Large life insurers such as Prudential, MetLife, and Northwestern Mutual often hire recent graduates, integrating them into structured training programs that support exam preparation and professional growth. Health insurers also offer positions for entry-level actuaries, while consulting firms like Milliman, Mercer, Aon, and WTW typically seek ASA-credentialed analysts who command higher starting salaries. To boost entry-level pay, candidates should focus on a solid educational background (degrees in mathematics, statistics, actuarial science, or finance) and aim to pass the necessary actuarial exams as required by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Achieving VEE credits in economics, accounting, or additional math can also enhance one’s profile. Completing the ASA designation generally requires four to five years and passing five to seven exams, which often results in salary increments between $3,000 to $8,000 per passed exam. Given the tight competition in the field, it is critical for new graduates to consider these credentials seriously in their first few years to ensure a trajectory toward higher salaries, particularly in consulting environments where advanced qualifications significantly elevate pay scales.
More salary data for Davie, FL:
Frequently Asked Questions
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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.
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 Davie. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Davie is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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