Actuary Pay

Entry-Level Actuary Salary in Auburn, NY: $93,649 (2026)

Quick Answer:New actuaries entering the Auburn, NY job market in 2026 can expect a starting salary around $93,649 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Auburn's local price level (BEA RPP 115.916% above national), a first-year paycheck buys what $80,802 would in average-cost America. Most reach the city median ($147,780) within a few years of clinical practice.

$93,649
Starting Salary
$45.03/hr
Starting Hourly
$93,649
Entry Level
$147,780
Career Median Target

Based on BLS state-level estimates · View source

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

For new graduates entering the actuarial field in 2026, the entry-level salaries in Auburn, New York, provide a promising outlook. With a starting salary projected at $93,649, recent graduates can expect considerable room for growth as they gain experience and pass additional actuarial exams. This amount is notably lower than the city’s overall median annual salary of $147,780, indicating that there’s a significant gap to close as newcomers establish their careers. Over the first few years, those in entry-level positions can realistically anticipate moving to the 25th percentile salary of $112,896, benefiting from a growth trajectory fueled by ongoing education and exam progress that leads them toward the median as they build their expertise and capabilities within the industry. Overall, Auburn appears to be a solid market for aspiring actuaries, with favorable conditions for recent graduates.

About the Auburn Market

Salary estimated from New York average ($152,000) adjusted for local cost of living.

Career Earnings Timeline in Auburn

Year 0-2

New Graduate

$93,649/yr
Year 2-5

Early Career

$112,896/yr
Year 5-10

Mid Career

$147,780/yr
Year 10+

Experienced

$189,158/yr

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

2026 Salary Percentile Distribution in Auburn

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Auburn. The median salary is $147,780, compared to the national median of $134,160.$84.3K$123.3K$162.4K$201.5K$240.5K$93.6K10th Pctl$112.9K25th Pctl$147.8KMedian$189.2K75th Pctl$229.1K90th PctlUS Median$134.2K

Entry-level actuarys in Auburn, NY typically start between $93,649 and $112,896 per year (2026 est.). The full salary range spans $135,411 from the 10th to 90th percentile, with the local median at $147,78010.15% above the national median.

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

Return on Investment

$88,000
Avg NY Program Cost
$93,649
Starting Salary
93.97%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in New York of $88,000 represents just 93.97% of the starting actuary pay ($93,649/year) in Auburn. 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 Auburn

  • 1Research the Auburn market: entry-level actuary pay ranges from $93,649 to $112,896, 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 NY often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Auburn, 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 Auburn for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Factor in Auburn's above-average cost of living (index: 115.9) when evaluating offers — a slightly lower salary in a nearby affordable area may provide better purchasing power.

Actuary Compensation Range

The actuary wage spread in Auburn is $135,411 ( 144.59%) between entry-level and top earners. Starting at $93,649, experienced hygienists can earn up to $229,060.

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

2019 BLS Actual

$74,911

2025 BLS Actual

$90,745

2026 Current Est.

$93,649

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Auburn (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 Auburn. Baseline $74,911 in 2025, projected to $96,646 by 2027.$66.7K$77.9K$89.1K$100.2K$111.4K2019202020212022202320242025202620272025 BLS$74.9K$76.3K$73.1K$82.9K$87.1K$105.0K$90.7K$93.6K$96.6K
YearAnnual SalaryStatus
2019$74,911Actual
2020$76,262Actual
2021$73,063Actual
2022$82,880Actual
2023$87,061Actual
2024$105,039Actual
2025$90,745Actual
2026(current)$93,649Estimated
2027$96,646Projected

Entry-level actuary compensation (10th percentile) in Auburn, NY grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $74,911 in 2019 to $90,745 in 2025. By 2027, starting salaries are projected to reach $96,646. New graduates entering the Auburn job market can expect continued year-over-year gains.

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

Employers in Auburn specifically looking to hire entry-level actuaries include prominent life insurance companies such as Prudential and MetLife, as well as consulting firms like Milliman and Mercer. These organizations actively recruit from college campuses and often provide structured time for exam preparation, which is essential for new grads aiming to increase their starting actuary pay in NY. Credentials such as a bachelor’s degree in mathematics, statistics, or actuarial science are foundational, but passing the initial actuarial exams will significantly enhance earning potential, often adding $3,000 to $8,000 to base salaries. Entry-level actuaries can also aim for the ASA credential within a few years, and pursuing the FSA can yield even higher compensation, particularly in consulting settings. With the industry's move toward predictive analytics, developing skills in data science can boost overall career prospects, making continued education crucial for sustained salary growth during the first three years.

Frequently Asked Questions

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

Entry-level actuaries in Auburn start at approximately $93,649/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 $45.02/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 Auburn?

Most actuaries in Auburn progress from the entry-level salary of $93,649 to the area median of $147,780 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $229,060 (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 Auburn?

With a starting salary of $93,649/year in Auburn 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 Auburn?

New actuarial science graduates in Auburn typically start near the 10th percentile at $93,649/year, or approximately $45.02/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 New York?

To become a licensed actuary in New York, 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 New York, 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

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

Data Sources & Methodology

Salary data for Auburn is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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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