Entry-Level Actuary Salary in Fall River, MA: $92,322 (2026)
Quick Answer:New actuaries entering the Fall River, MA job market in 2026 can expect a starting salary around $92,322 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Fall River's local price level (BEA RPP 108.5 — 9% above national), a first-year paycheck buys what $85,089 would in average-cost America. Most reach the city median ($143,699) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For those considering a career as an actuary in Fall River, Massachusetts, the starting pay can be promising. New graduates entering the field should expect an entry-level salary of approximately $92,322 in 2026, which is significantly lower than the city's projected median annual salary of $143,699. However, this starting point provides ample room for growth, with the potential to reach $111,111 at the 25th percentile and ultimately progress toward the overall median within the first few years. The 3.20% growth rate suggests a healthy job market for new actuaries in Fall River, making it an attractive option for recent graduates when weighing their career prospects in actuarial science.
About the Fall River Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
Career Earnings Timeline in Fall River
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 Fall River
Entry-level actuarys in Fall River, MA typically start between $92,322 and $111,111 per year (2026 est.). The full salary range spans $130,411 from the 10th to 90th percentile, with the local median at $143,699 — 7.11% above the national median.
Return on Investment
The average actuarial science program cost in Massachusetts of $92,000 represents just 99.65% of the starting actuary pay ($92,322/year) in Fall River. 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 Fall River
- 1Research the Fall River market: entry-level actuary pay ranges from $92,322 to $111,111, 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 MA often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Fall River, 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 Fall River for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Fall River'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 Fall River is $130,411 ( 141.26%) between entry-level and top earners. Starting at $92,322, experienced hygienists can earn up to $222,733.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$73,849
2025 BLS Actual
$89,459
2026 Current Est.
$92,322
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Fall River (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $73,849 | Actual |
| 2020 | $75,181 | Actual |
| 2021 | $72,027 | Actual |
| 2022 | $81,705 | Actual |
| 2023 | $85,827 | Actual |
| 2024 | $96,781 | Actual |
| 2025 | $89,459 | Actual |
| 2026(current) | $92,322 | Estimated |
| 2027 | $95,276 | Projected |
Entry-level actuary compensation (10th percentile) in Fall River, MA grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $73,849 in 2019 to $89,459 in 2025. By 2027, starting salaries are projected to reach $95,276. New graduates entering the Fall River job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Fall River 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 Fall River
When seeking employment, graduates will find that various employers actively recruit entry-level actuaries in Fall River. Large life insurers such as Prudential and MetLife typically have structured pipelines for hiring actuarial talent, which often includes exam support and mentorship. Similarly, health insurers also hire entry-level professionals, providing a diverse array of opportunities. On the educational front, a solid foundation in mathematics or statistics, coupled with successful completion of early actuarial exams and VEE credits, can substantially elevate starting pay. New professionals should prioritize obtaining the ASA credential, which can set the stage for potential earnings growth of $3,000 to $8,000 for each exam passed. Maintaining a strategic focus on exam progression and developing skills in predictive analytics will be critical for long-term career advancement, particularly as various firms seek candidates with robust data science capabilities.
More salary data for Fall River, MA:
Frequently Asked Questions
What is the starting salary for actuaries in Fall River in 2026?
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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 Fall River. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Fall River 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