Actuary Pay

Entry-Level Actuary Salary in Jackson, MS: $68,938 (2026)

Quick Answer:New actuaries entering the Jackson, MS job market in 2026 can expect a starting salary around $68,938 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Jackson's local price level (BEA RPP 89.011% below national), a first-year paycheck buys what $77,417 would in average-cost America. Most reach the city median ($109,650) within a few years of clinical practice.

$68,938
Starting Salary
$33.14/hr
Starting Hourly
$68,938
Entry Level
$109,650
Career Median Target

Official BLS data · View source

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

Graduates embarking on a career as an entry-level actuary in Jackson, Mississippi, can expect a starting salary around $68,938 in 2026. This figure represents a tangible entry point into the profession, significantly below the city's median actuary salary of $109,650, highlighting a notable gap. New actuaries can anticipate a trajectory that allows for growth; transitioning from the entry point at $68,938 to $80,207 at the 25th percentile provides a realistic pathway for early-career professionals over their first few years. Jackson presents a favorable market for new graduates, offering opportunities to advance toward the median over a moderate career span, especially in a growing field that boasts an annual growth rate of 3.20%.

Career Earnings Timeline in Jackson

Year 0-2

New Graduate

$68,938/yr
Year 2-5

Early Career

$80,207/yr
Year 5-10

Mid Career

$109,650/yr
Year 10+

Experienced

$171,446/yr

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

2026 Salary Percentile Distribution in Jackson

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Jackson. The median salary is $109,650, compared to the national median of $134,160.$62.0K$127.6K$193.1K$258.7K$324.2K$68.9K10th Pctl$80.2K25th Pctl$109.7KMedian$171.4K75th Pctl$308.8K90th PctlUS Median$134.2K

Entry-level actuarys in Jackson, MS typically start between $68,938 and $80,207 per year (2026 est.). The full salary range spans $239,816 from the 10th to 90th percentile, with the local median at $109,65018.27% below the national median.

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

Return on Investment

$35,000
Avg MS Program Cost
$68,938
Starting Salary
50.77%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Mississippi of $35,000 represents just 50.77% of the starting actuary pay ($68,938/year) in Jackson. 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 Jackson

  • 1Research the Jackson market: entry-level actuary pay ranges from $68,938 to $80,207, 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 MS often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Jackson, 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 Jackson for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Jackson'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 Jackson is $239,816 ( 347.87%) between entry-level and top earners. Starting at $68,938, experienced hygienists can earn up to $308,754.

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

2019 BLS Actual

$55,144

2025 BLS Actual

$66,800

2026 Current Est.

$68,938

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Jackson (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 Jackson. Baseline $55,144 in 2025, projected to $71,144 by 2027.$46.7K$54.5K$62.3K$70.1K$77.9K2019202020212022202320242025202620272025 BLS$55.1K$65.9K$53.8K$69.9K$73.5K$51.2K$66.8K$68.9K$71.1K
YearAnnual SalaryStatus
2019$55,144Actual
2020$65,900Actual
2021$53,783Actual
2022$69,900Actual
2023$73,480Actual
2024$51,179Actual
2025$66,800Actual
2026(current)$68,938Estimated
2027$71,144Projected

Entry-level actuary compensation (10th percentile) in Jackson, MS grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $55,144 in 2019 to $66,800 in 2025. By 2027, starting salaries are projected to reach $71,144. New graduates entering the Jackson job market can expect continued year-over-year gains.

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

For those looking to maximize their entry-level actuary pay in Jackson, it's essential to target the right employers. Large life insurers like Prudential and MetLife, along with health insurance companies, frequently hire recent graduates, often providing structured mentorship programs that facilitate exam preparation. Consulting firms such as Milliman and Mercer typically seek ASA-credentialed analysts and offer higher initial salaries. To enhance their earning potential, candidates should focus on obtaining a relevant bachelor's degree in mathematics or actuarial science, passing initial exams from the Society of Actuaries (SOA) and completing Validation by Educational Experience (VEE) requirements. Early career professionals should be mindful that each passed exam can incrementally raise their salary by $3,000 to $8,000, making exam success a critical objective in the first few years. The reality is that with a strategic approach, including ongoing education and an understanding of consulting versus insurer pay differences, new grads in Jackson can make significant strides toward achieving competitive salaries in their field.

Frequently Asked Questions

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

Entry-level actuaries in Jackson start at approximately $68,938/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 $33.14/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 Jackson?

Most actuaries in Jackson progress from the entry-level salary of $68,938 to the area median of $109,650 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $308,754 (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 Jackson?

With a starting salary of $68,938/year in Jackson 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 Jackson?

New actuarial science graduates in Jackson typically start near the 10th percentile at $68,938/year, or approximately $33.14/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 Mississippi?

To become a licensed actuary in Mississippi, 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 Mississippi, 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

Nearby Cities in Mississippi

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

Data Sources & Methodology

Source: BLS, OEWS, 5-year dataset (). Per-city data from annual BLS metropolitan area surveys.

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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