Entry-Level Actuary Salary in Marion, OH: $73,883 (2026)
Quick Answer:New actuaries entering the Marion, OH job market in 2026 can expect a starting salary around $73,883 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Marion's local price level (BEA RPP 90.7 — 9% below national), a first-year paycheck buys what $81,459 would in average-cost America. Most reach the city median ($115,913) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, those entering the actuarial profession in Marion, Ohio, can expect starting salaries around $73,883 at the lower spectrum for entry-level roles. While this figure falls significantly below the city median of $115,913, there is promise for growth within the first few years. New grads can expect their salaries to increase to approximately $88,867 as they gain experience and potentially advance to higher tiers. The growth trajectory is notably solid, as driven individuals who actively pursue exam completion and continuing education can capitalize on opportunities to push their earnings closer to the median. Overall, Marion presents a reasonably viable market for entry-level actuaries, particularly for those willing to invest in their professional development from the outset.
About the Marion Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Career Earnings Timeline in Marion
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 Marion
Entry-level actuarys in Marion, OH typically start between $73,883 and $88,867 per year (2026 est.). The full salary range spans $105,782 from the 10th to 90th percentile, with the local median at $115,913 — 13.6% below the national median.
Return on Investment
The average actuarial science program cost in Ohio of $50,000 represents just 67.67% of the starting actuary pay ($73,883/year) in Marion. 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 Marion
- 1Research the Marion market: entry-level actuary pay ranges from $73,883 to $88,867, 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 Marion, 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 Marion for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Marion'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 Marion is $105,782 ( 143.18%) between entry-level and top earners. Starting at $73,883, experienced hygienists can earn up to $179,665.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$59,100
2025 BLS Actual
$71,592
2026 Current Est.
$73,883
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Marion (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $59,100 | Actual |
| 2020 | $60,166 | Actual |
| 2021 | $57,642 | Actual |
| 2022 | $65,387 | Actual |
| 2023 | $68,685 | Actual |
| 2024 | $65,427 | Actual |
| 2025 | $71,592 | Actual |
| 2026(current) | $73,883 | Estimated |
| 2027 | $76,247 | Projected |
Entry-level actuary compensation (10th percentile) in Marion, OH grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $59,100 in 2019 to $71,592 in 2025. By 2027, starting salaries are projected to reach $76,247. New graduates entering the Marion job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Marion 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 Marion
Opportunities for recent graduates in Marion typically arise from large life insurance firms like Prudential and MetLife, which seek entry-level actuaries through structured campus recruitment programs. These often include dedicated study time for actuarial exams. Health insurers also provide initial employment avenues, while consulting firms such as Milliman and Mercer tend to favor candidates who are actively working towards or have achieved ASA credentials. With regard to educational background, a bachelor's degree in mathematics, statistics, or actuarial science is essential, and passing the initial exams from either the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS) will significantly enhance starting pay. Exam progression is critical—each passed exam can lead to salary boosts ranging from $3,000 to $8,000. Therefore, new actuaries in Marion who methodically plan their exam strategies and cultivate skills in predictive analytics and data science can expect substantive salary growth in their first few industry years, positioning themselves favorably against peers in larger markets.
More salary data for Marion, OH:
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 Marion. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Marion 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