Actuary Pay

Entry-Level Actuary Salary in Ruston, LA: $67,814 (2026)

Quick Answer:New actuaries entering the Ruston, LA job market in 2026 can expect a starting salary around $67,814 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Ruston's local price level (BEA RPP 90.310% below national), a first-year paycheck buys what $75,099 would in average-cost America. Most reach the city median ($105,392) within a few years of clinical practice.

$67,814
Starting Salary
$32.60/hr
Starting Hourly
$67,814
Entry Level
$105,392
Career Median Target

Based on BLS state-level estimates · View source

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

In Ruston, Louisiana, new graduates entering the actuarial field can expect starting salaries around $67,814 based on the 2026 projections. This initial pay level is notably lower than the city median salary of $105,392, reflecting a significant income gap for entry-level positions. However, the potential for salary growth is promising over the first few years: as entry-level actuaries gain experience and pass exams, their earnings can increase substantially, with many aiming for the $80,901 mark as they reach the 25th percentile. With an anticipated annual growth rate of 3.20%, new actuaries in Ruston can realistically expect gradual salary increases during the initial stages of their careers, allowing them to build a robust financial foundation in an economical market.

About the Ruston Market

Salary estimated from Louisiana average ($110,000) adjusted for local cost of living.

Career Earnings Timeline in Ruston

Year 0-2

New Graduate

$67,814/yr
Year 2-5

Early Career

$80,901/yr
Year 5-10

Mid Career

$105,392/yr
Year 10+

Experienced

$134,902/yr

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

2026 Salary Percentile Distribution in Ruston

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Ruston. The median salary is $105,392, compared to the national median of $134,160.$61.0K$88.7K$116.3K$143.9K$171.5K$67.8K10th Pctl$80.9K25th Pctl$105.4KMedian$134.9K75th Pctl$163.4K90th PctlUS Median$134.2K

Entry-level actuarys in Ruston, LA typically start between $67,814 and $80,901 per year (2026 est.). The full salary range spans $95,543 from the 10th to 90th percentile, with the local median at $105,39221.44% below the national median.

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

Return on Investment

$42,000
Avg LA Program Cost
$67,814
Starting Salary
61.93%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Louisiana of $42,000 represents just 61.93% of the starting actuary pay ($67,814/year) in Ruston. 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 Ruston

  • 1Research the Ruston market: entry-level actuary pay ranges from $67,814 to $80,901, 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 LA often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Ruston, 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 Ruston for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Ruston's below-average cost of living means your starting salary goes further here compared to many larger metro areas.

Actuary Compensation Range

The actuary wage spread in Ruston is $95,543 ( 140.89%) between entry-level and top earners. Starting at $67,814, experienced hygienists can earn up to $163,357.

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

2019 BLS Actual

$54,245

2025 BLS Actual

$65,711

2026 Current Est.

$67,814

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Ruston (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 Ruston. Baseline $54,245 in 2025, projected to $69,984 by 2027.$49.5K$55.5K$61.4K$67.4K$73.4K2019202020212022202320242025202620272025 BLS$54.2K$55.2K$52.9K$60.0K$63.0K$60.8K$65.7K$67.8K$70.0K
YearAnnual SalaryStatus
2019$54,245Actual
2020$55,223Actual
2021$52,907Actual
2022$60,016Actual
2023$63,043Actual
2024$60,835Actual
2025$65,711Actual
2026(current)$67,814Estimated
2027$69,984Projected

Entry-level actuary compensation (10th percentile) in Ruston, LA grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $54,245 in 2019 to $65,711 in 2025. By 2027, starting salaries are projected to reach $69,984. New graduates entering the Ruston job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Ruston 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 Ruston

Entry-level actuaries in Ruston often find opportunities with various employers, including prominent life insurance companies like Prudential and MetLife, which actively recruit from local universities. Consulting firms such as Milliman or Mercer also target new graduates but tend to offer higher starting salaries, especially for those pursuing Associate designations like ASA while prepping for actuarial exams. In Louisiana, obtaining the appropriate credentials such as VEE credits in economics and accounting can significantly elevate one's starting pay. Strategies for new grads should focus on passing actuarial exams, with each success typically contributing an additional $3,000 to $8,000 in base salary. As actuaries advance toward the ASA and eventually the FSA designations, their pay potential will align with a broader market that increasingly values expertise in predictive analytics and data science within both consulting and insurance sectors.

Frequently Asked Questions

What is the starting salary for actuaries in Ruston in 2026?

Entry-level actuaries in Ruston start at approximately $67,814/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 $32.60/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 Ruston?

Most actuaries in Ruston progress from the entry-level salary of $67,814 to the area median of $105,392 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $163,357 (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 Ruston?

With a starting salary of $67,814/year in Ruston 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 Ruston?

New actuarial science graduates in Ruston typically start near the 10th percentile at $67,814/year, or approximately $32.60/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 Louisiana?

To become a licensed actuary in Louisiana, 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 Louisiana, 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

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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 Ruston. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Ruston 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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