Actuary Pay

Entry-Level Actuary Salary in Cuyahoga Falls, OH: $71,633 (2026)

Quick Answer:New actuaries entering the Cuyahoga Falls, OH job market in 2026 can expect a starting salary around $71,633 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Cuyahoga Falls's local price level (BEA RPP 90.79% below national), a first-year paycheck buys what $78,978 would in average-cost America. Most reach the city median ($122,158) within a few years of clinical practice.

$71,633
Starting Salary
$34.44/hr
Starting Hourly
$71,633
Entry Level
$122,158
Career Median Target

Based on BLS state-level estimates · View source

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

Starting salaries for new actuaries in Cuyahoga Falls, Ohio, are projected to be $71,633 in 2026, which sets a realistic benchmark for new graduates entering this profession. This figure represents a significant gap below the city median annual salary of $122,158, indicating that while starting pay may seem low, there is ample room for growth as actuaries gain experience and credentials. In fact, within the first few years, as new graduates progress through their careers, they can realistically anticipate moving toward the 25th percentile salary of $89,600. This promising growth trajectory suggests that Cuyahoga Falls remains an attractive market for aspiring actuaries, especially considering the projected annual growth rate of 3.20%, allowing room for salary advancements alongside the evolving job demands.

About the Cuyahoga Falls Market

Salary estimated from Ohio average ($120,000) adjusted for local cost of living.

Career Earnings Timeline in Cuyahoga Falls

Year 0-2

New Graduate

$71,633/yr
Year 2-5

Early Career

$89,600/yr
Year 5-10

Mid Career

$122,158/yr
Year 10+

Experienced

$156,362/yr

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

2026 Salary Percentile Distribution in Cuyahoga Falls

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Cuyahoga Falls. The median salary is $122,158, compared to the national median of $134,160.$64.5K$98.1K$131.6K$165.2K$198.8K$71.6K10th Pctl$89.6K25th Pctl$122.2KMedian$156.4K75th Pctl$189.3K90th PctlUS Median$134.2K

Entry-level actuarys in Cuyahoga Falls, OH typically start between $71,633 and $89,600 per year (2026 est.). The full salary range spans $117,712 from the 10th to 90th percentile, with the local median at $122,1588.95% below the national median.

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

Return on Investment

$50,000
Avg OH Program Cost
$71,633
Starting Salary
69.80%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Ohio of $50,000 represents just 69.80% of the starting actuary pay ($71,633/year) in Cuyahoga Falls. 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 Cuyahoga Falls

  • 1Research the Cuyahoga Falls market: entry-level actuary pay ranges from $71,633 to $89,600, 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 OH often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Cuyahoga Falls, 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 Cuyahoga Falls for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Cuyahoga Falls'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 Cuyahoga Falls is $117,712 ( 164.33%) between entry-level and top earners. Starting at $71,633, experienced hygienists can earn up to $189,345.

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

2019 BLS Actual

$57,300

2025 BLS Actual

$69,412

2026 Current Est.

$71,633

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Cuyahoga Falls (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 Cuyahoga Falls. Baseline $57,300 in 2025, projected to $73,925 by 2027.$52.3K$58.6K$64.9K$71.2K$77.5K2019202020212022202320242025202620272025 BLS$57.3K$58.3K$55.9K$63.4K$66.6K$63.4K$69.4K$71.6K$73.9K
YearAnnual SalaryStatus
2019$57,300Actual
2020$58,334Actual
2021$55,887Actual
2022$63,396Actual
2023$66,594Actual
2024$63,401Actual
2025$69,412Actual
2026(current)$71,633Estimated
2027$73,925Projected

Entry-level actuary compensation (10th percentile) in Cuyahoga Falls, OH grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $57,300 in 2019 to $69,412 in 2025. By 2027, starting salaries are projected to reach $73,925. New graduates entering the Cuyahoga Falls job market can expect continued year-over-year gains.

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

In Cuyahoga Falls, several prominent employers actively recruit new actuaries, particularly large life insurance companies such as Prudential and MetLife, which often develop campus pipelines to attract actuarial talent. Established consulting firms like Milliman and Aon also offer competitive opportunities, especially for those who hold ASA credentials. To enhance starting pay in Ohio, candidates should focus on acquiring a bachelor’s degree in mathematics, statistics, or actuarial science, along with successful completion of the Society of Actuaries (SOA) exams. Each passed exam usually results in a salary increase of $3,000 to $8,000, incentivizing continuous professional development. As new actuaries gain experience and potentially earn Fellow status, especially in consulting firms, they can expect substantial salary growth over the first three years, provided they also develop necessary skills in predictive analytics and data science, critical areas in today’s actuarial market.

Frequently Asked Questions

What is the starting salary for actuaries in Cuyahoga Falls in 2026?

Entry-level actuaries in Cuyahoga Falls start at approximately $71,633/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 $34.44/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 Cuyahoga Falls?

Most actuaries in Cuyahoga Falls progress from the entry-level salary of $71,633 to the area median of $122,158 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $189,345 (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 Cuyahoga Falls?

With a starting salary of $71,633/year in Cuyahoga Falls 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 Cuyahoga Falls?

New actuarial science graduates in Cuyahoga Falls typically start near the 10th percentile at $71,633/year, or approximately $34.44/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 Ohio?

To become a licensed actuary in Ohio, 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 Ohio, 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 Ohio

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

Data Sources & Methodology

Salary data for Cuyahoga Falls 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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