Entry-Level Actuary Salary in Freeport, NY: $92,855 (2026)
Quick Answer:New actuaries entering the Freeport, NY job market in 2026 can expect a starting salary around $92,855 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Freeport's local price level (BEA RPP 115.9 — 16% above national), a first-year paycheck buys what $80,116 would in average-cost America. Most reach the city median ($147,357) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Graduates entering the actuarial profession in Freeport, New York can anticipate a starting salary around $92,855 in 2026. This figure represents the lower end of the salary spectrum for entry-level actuaries, which extends up to $228,403 at the more experienced levels. With a median annual salary forecasted at $147,357, new actuaries in Freeport will find themselves on a growth trajectory as they gain experience, moving from entry-level compensation to higher brackets over their first 3-5 years in the field. Given these numbers, Freeport appears as an attractive job market for new grads, providing a solid financial foundation from which to build their careers.
About the Freeport Market
Salary estimated from New York average ($152,000) adjusted for local cost of living.
Career Earnings Timeline in Freeport
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 Freeport
Entry-level actuarys in Freeport, NY typically start between $92,855 and $112,069 per year (2026 est.). The full salary range spans $135,548 from the 10th to 90th percentile, with the local median at $147,357 — 9.84% above the national median.
Return on Investment
The average actuarial science program cost in New York of $88,000 represents just 94.77% of the starting actuary pay ($92,855/year) in Freeport. 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 Freeport
- 1Research the Freeport market: entry-level actuary pay ranges from $92,855 to $112,069, 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 Freeport, 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 Freeport for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Factor in Freeport'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 Freeport is $135,548 ( 145.98%) between entry-level and top earners. Starting at $92,855, experienced hygienists can earn up to $228,403.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$74,276
2025 BLS Actual
$89,976
2026 Current Est.
$92,855
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Freeport (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $74,276 | Actual |
| 2020 | $75,616 | Actual |
| 2021 | $72,443 | Actual |
| 2022 | $82,177 | Actual |
| 2023 | $86,323 | Actual |
| 2024 | $104,145 | Actual |
| 2025 | $89,976 | Actual |
| 2026(current) | $92,855 | Estimated |
| 2027 | $95,827 | Projected |
Entry-level actuary compensation (10th percentile) in Freeport, NY grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $74,276 in 2019 to $89,976 in 2025. By 2027, starting salaries are projected to reach $95,827. New graduates entering the Freeport job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Freeport 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 Freeport
In Freeport, several key employers are interested in hiring fresh actuarial talent. Major life insurers like Prudential and MetLife actively recruit from local campuses, and they often offer structured exam study time that is beneficial for new graduates. Health insurers and consulting firms like Milliman, Mercer, and Aon also seek entry-level actuaries, and they tend to offer higher compensation for those with credentialing. To maximize starting pay in New York, candidates should focus on obtaining a relevant degree, such as actuarial science or mathematics, and begin passing the necessary exams to achieve their ASA designation. Each exam passed can lead to a salary increase of $3,000 to $8,000, making exam progress a crucial factor in career advancement during the first few years. Given that firms increasingly value skills in predictive analytics and data science, new actuaries who build expertise in these areas will enhance their marketability and potential for salary growth over time.
More salary data for Freeport, NY:
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 Freeport. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Freeport 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