Entry-Level Actuary Salary in Taylor, MI: $71,851 (2026)
Quick Answer:New actuaries entering the Taylor, MI job market in 2026 can expect a starting salary around $71,851 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Taylor's local price level (BEA RPP 93.2 — 7% below national), a first-year paycheck buys what $77,093 would in average-cost America. Most reach the city median ($123,881) within a few years of clinical practice.
Based on BLS state-level estimates · View source
A degree in actuarial science can yield competitive starting compensation in Taylor, Michigan. In 2026, new graduates stepping into entry-level actuary roles can expect initial salaries around $71,851, which represents a significant starting point within a broader salary framework. It’s crucial to recognize that this figure is well below the median annual salary of $123,881 for all actuaries in the area, indicating a potential growth trajectory for early-career professionals. Over the first three to five years, proactive engagement in professional development and exam progress could see salaries rise from the entry-level starting point through the $96,323 mark at the 25th percentile, paving the way towards more robust earnings as actuaries gain experience and credentials.
About the Taylor Market
Salary estimated from Michigan average ($120,000) adjusted for local cost of living.
Career Earnings Timeline in Taylor
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 Taylor
Entry-level actuarys in Taylor, MI typically start between $71,851 and $96,323 per year (2026 est.). The full salary range spans $120,165 from the 10th to 90th percentile, with the local median at $123,881 — 7.66% below the national median.
Return on Investment
The average actuarial science program cost in Michigan of $52,000 represents just 72.37% of the starting actuary pay ($71,851/year) in Taylor. 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 Taylor
- 1Research the Taylor market: entry-level actuary pay ranges from $71,851 to $96,323, 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 MI often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Taylor, 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 Taylor for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Taylor'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 Taylor is $120,165 ( 167.24%) between entry-level and top earners. Starting at $71,851, experienced hygienists can earn up to $192,016.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$57,474
2025 BLS Actual
$69,623
2026 Current Est.
$71,851
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Taylor (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $57,474 | Actual |
| 2020 | $58,511 | Actual |
| 2021 | $56,056 | Actual |
| 2022 | $63,588 | Actual |
| 2023 | $66,796 | Actual |
| 2024 | $64,267 | Actual |
| 2025 | $69,623 | Actual |
| 2026(current) | $71,851 | Estimated |
| 2027 | $74,150 | Projected |
Entry-level actuary compensation (10th percentile) in Taylor, MI grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $57,474 in 2019 to $69,623 in 2025. By 2027, starting salaries are projected to reach $74,150. New graduates entering the Taylor job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Taylor 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 Taylor
Several prominent employers in Taylor actively recruit new graduates for entry-level actuarial positions. Notably, major life insurers like Prudential and MetLife, as well as health insurance firms, often utilize campus recruitment strategies that provide structured support for exam preparation, which can enhance initial pay. Additionally, consulting firms such as Milliman, Mercer, Aon, and Willis Towers Watson typically offer higher salaries for those who have attained their ASA or are working towards their Fellowship, providing incentives for continued education and completion of actuarial exams. Each passed exam can lead to pay increases ranging from $3,000 to $8,000, making it essential for new grads to prioritize their exam schedules strategically. In Michigan, possessing a solid foundation in mathematics, statistics, and finance—combined with VEE credits—can significantly improve salary potential. As valuations for entry-level positions grow positively, actuaries in their first few years in Taylor should realistically anticipate steady salary increases that align with their exam progression and decision to specialize further, particularly towards Fellow credentials.
More salary data for Taylor, MI:
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 Taylor. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Taylor 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