Entry-Level Actuary Salary in Oakland Park, FL: $79,443 (2026)
Quick Answer:New actuaries entering the Oakland Park, FL job market in 2026 can expect a starting salary around $79,443 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Oakland Park's local price level (BEA RPP 100.8 — 1% above national), a first-year paycheck buys what $78,813 would in average-cost America. Most reach the city median ($123,793) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates entering the actuarial field in Oakland Park, Florida, the starting salary can be quite motivating, with entry-level positions projected at around $79,443 in 2026. While this figure is noticeably below the city’s median of $123,793, it still offers a solid foundation for aspiring actuaries. Over the first few years in their careers, salaries can be expected to grow steadily, moving from the entry-level range to approximately $95,209 at the 25th percentile, with further advancement possible as actuaries gain experience and credentials. With a growth rate of 3.20% projected annually, Oakland Park presents a stable market for new professionals looking for a foothold in the industry and seeking to climb the ladder toward more lucrative positions.
About the Oakland Park Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Career Earnings Timeline in Oakland Park
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 Oakland Park
Entry-level actuarys in Oakland Park, FL typically start between $79,443 and $95,209 per year (2026 est.). The full salary range spans $112,436 from the 10th to 90th percentile, with the local median at $123,793 — 7.73% below the national median.
Return on Investment
The average actuarial science program cost in Florida of $42,000 represents just 52.87% of the starting actuary pay ($79,443/year) in Oakland Park. 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 Oakland Park
- 1Research the Oakland Park market: entry-level actuary pay ranges from $79,443 to $95,209, 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 Oakland Park, 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 Oakland Park for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Oakland Park'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 Oakland Park is $112,436 ( 141.53%) between entry-level and top earners. Starting at $79,443, experienced hygienists can earn up to $191,879.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$63,547
2025 BLS Actual
$76,980
2026 Current Est.
$79,443
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Oakland Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,547 | Actual |
| 2020 | $64,694 | Actual |
| 2021 | $61,980 | Actual |
| 2022 | $70,308 | Actual |
| 2023 | $73,855 | Actual |
| 2024 | $72,141 | Actual |
| 2025 | $76,980 | Actual |
| 2026(current) | $79,443 | Estimated |
| 2027 | $81,986 | Projected |
Entry-level actuary compensation (10th percentile) in Oakland Park, FL grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $63,547 in 2019 to $76,980 in 2025. By 2027, starting salaries are projected to reach $81,986. New graduates entering the Oakland Park job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Oakland Park 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 Oakland Park
Opportunities for entry-level actuaries in Oakland Park vary by employer, but several significant players actively seek out new graduates. Major life insurance companies like Prudential and MetLife frequently recruit through campus pipelines, offering structured support for exam preparation. Health insurance firms also build their teams with recent graduates, while consulting giants like Milliman, Mercer, and Aon tend to favor candidates with credentials, offering higher starting pay and career advancement for those who attain an Associate of the Society of Actuaries (ASA). Holding a Bachelor’s degree in mathematics, statistics, or actuarial science is often essential, but passing actuarial exams can substantially boost initial compensation. In fact, each passed exam usually translates to an additional $3,000 to $8,000 in base salary—a key consideration for early-career professionals focused on climbing to Fellow status, which requires significantly more exams and time to achieve. Understanding these dynamics can help new graduates optimize their career trajectories and salary expectations in the vibrant job market of Oakland Park, FL.
More salary data for Oakland Park, 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 Oakland Park. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Oakland Park 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