Entry-Level Actuary Salary in Quincy, MA: $87,735 (2026)
Quick Answer:New actuaries entering the Quincy, MA job market in 2026 can expect a starting salary around $87,735 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Quincy's local price level (BEA RPP 108.5 — 9% above national), a first-year paycheck buys what $80,862 would in average-cost America. Most reach the city median ($144,414) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In Quincy, Massachusetts, the anticipated starting pay for entry-level actuaries in 2026 is projected at $87,735, which sits significantly below the median annual salary for the city of $144,414. New graduates entering the field can expect a reasonable trajectory of salary growth, moving from the entry-level P10 figure to around $108,011 at the P25 within three to five years of experience. This reflects a vibrant job market for newcomers, offering ample opportunities for advancement that make Quincy an attractive location for aspiring actuaries.
About the Quincy Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
Career Earnings Timeline in Quincy
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 Quincy
Entry-level actuarys in Quincy, MA typically start between $87,735 and $108,011 per year (2026 est.). The full salary range spans $136,107 from the 10th to 90th percentile, with the local median at $144,414 — 7.64% above the national median.
Return on Investment
The average actuarial science program cost in Massachusetts of $92,000 represents just 104.86% of the starting actuary pay ($87,735/year) in Quincy. 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 Quincy
- 1Research the Quincy market: entry-level actuary pay ranges from $87,735 to $108,011, 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 Quincy, 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 Quincy for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Quincy'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 Quincy is $136,107 ( 155.13%) between entry-level and top earners. Starting at $87,735, experienced hygienists can earn up to $223,842.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$70,180
2025 BLS Actual
$85,015
2026 Current Est.
$87,735
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Quincy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $70,180 | Actual |
| 2020 | $71,446 | Actual |
| 2021 | $68,449 | Actual |
| 2022 | $77,646 | Actual |
| 2023 | $81,563 | Actual |
| 2024 | $91,941 | Actual |
| 2025 | $85,015 | Actual |
| 2026(current) | $87,735 | Estimated |
| 2027 | $90,543 | Projected |
Entry-level actuary compensation (10th percentile) in Quincy, MA grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $70,180 in 2019 to $85,015 in 2025. By 2027, starting salaries are projected to reach $90,543. New graduates entering the Quincy job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Quincy 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 Quincy
Opportunities for entry-level actuaries in Quincy are often found among prominent employers such as Prudential, MetLife, and Northwestern Mutual, who actively recruit from universities and provide structured paths for exam preparation. Health insurance companies and consulting firms like Milliman and Mercer also seek out new graduates, offering higher starting salaries for credentialed analysts. Building credentials through passing SOA or CAS exams significantly boosts earning potential; each exam passed can lead to an additional $3,000 to $8,000 in base salary. As new actuaries seek to navigate their early careers in MA, focusing on gaining VEE credits and pursuing the ASA designation is critical. This foundational strategy can set the stage for eventual advancement to FSA or FCAS, which command superior salaries, especially in consulting environments. With realistic salary growth projected during the first few years, Quincy presents a promising start for entry-level actuaries.
More salary data for Quincy, MA:
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 Quincy. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Quincy 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