Entry-Level Actuary Salary in Raymore, MO: $73,361 (2026)
Quick Answer:New actuaries entering the Raymore, MO job market in 2026 can expect a starting salary around $73,361 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Raymore's local price level (BEA RPP 89.6 — 10% below national), a first-year paycheck buys what $81,876 would in average-cost America. Most reach the city median ($111,282) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Starting salaries for entry-level actuaries in Raymore, Missouri are projected to be around $73,361 in 2026. This figure sets a foundation for new graduates entering the field, which is significantly lower than the city's median annual salary of $111,282, highlighting a considerable gap. However, the trajectory for early-career actuaries appears promising, as those who advance from entry-level roles can expect to earn approximately $84,540 within a few years, with the potential to reach the median salary as they gain experience. For new graduates, Raymore can be considered a reasonable market, especially given its relatively low cost of living, which is indexed at 89.6, making early-career compensation somewhat more appealing compared to regions with higher living expenses.
About the Raymore Market
Salary estimated from Missouri average ($118,000) adjusted for local cost of living.
Career Earnings Timeline in Raymore
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 Raymore
Entry-level actuarys in Raymore, MO typically start between $73,361 and $84,540 per year (2026 est.). The full salary range spans $99,125 from the 10th to 90th percentile, with the local median at $111,282 — 17.05% below the national median.
Return on Investment
The average actuarial science program cost in Missouri of $45,000 represents just 61.34% of the starting actuary pay ($73,361/year) in Raymore. 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 Raymore
- 1Research the Raymore market: entry-level actuary pay ranges from $73,361 to $84,540, 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 MO often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Raymore, 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 Raymore for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Raymore'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 Raymore is $99,125 ( 135.12%) between entry-level and top earners. Starting at $73,361, experienced hygienists can earn up to $172,486.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$58,682
2025 BLS Actual
$71,086
2026 Current Est.
$73,361
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Raymore (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,682 | Actual |
| 2020 | $59,740 | Actual |
| 2021 | $57,234 | Actual |
| 2022 | $64,925 | Actual |
| 2023 | $68,200 | Actual |
| 2024 | $63,884 | Actual |
| 2025 | $71,086 | Actual |
| 2026(current) | $73,361 | Estimated |
| 2027 | $75,708 | Projected |
Entry-level actuary compensation (10th percentile) in Raymore, MO grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $58,682 in 2019 to $71,086 in 2025. By 2027, starting salaries are projected to reach $75,708. New graduates entering the Raymore job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Raymore 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 Raymore
Employers in Raymore that typically hire new graduates in this profession include large life insurers like Prudential and MetLife, along with health insurance firms, which present opportunities for entry-level actuaries. Consulting firms such as Milliman and Mercer also actively recruit analysts with Associate credentials. To enhance starting pay, prospective actuaries should aim for a Bachelor's degree in mathematics, actuarial science, or a related field, as well as start passing actuarial exams early on. Each exam passed can contribute an additional $3,000 to $8,000 to their base salary, making credential progression vital in the first few years. Networking through campus recruitment and gaining VEE credits in economics and accounting can also provide an edge. Realistically, actuaries in their first few years can expect gradual salary growth in alignment with their examination achievements, which increasingly become a dominant factor in compensation in this sector.
More salary data for Raymore, MO:
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 Raymore. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Raymore 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