Entry-Level Actuary Salary in Wadsworth, OH: $73,175 (2026)
Quick Answer:New actuaries entering the Wadsworth, OH job market in 2026 can expect a starting salary around $73,175 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Wadsworth's local price level (BEA RPP 90.7 — 9% below national), a first-year paycheck buys what $80,678 would in average-cost America. Most reach the city median ($112,181) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates entering the actuarial profession in Wadsworth, Ohio, the projections for 2026 indicate a starting salary of around $73,175. This entry-level figure illustrates a notable gap when compared to the overall median annual salary of $112,181 for actuaries in the area. However, the salary trajectory for early-career professionals looks promising, allowing for gradual growth toward $87,190 at the 25th percentile over the course of the first few years. Given the cost of living index in Wadsworth, which stands below the national average at 90.7, this market remains a favorable starting point for fresh entrants into the field, particularly those equipped with newly acquired skills and educational credentials in mathematics and statistics.
About the Wadsworth Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Career Earnings Timeline in Wadsworth
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 Wadsworth
Entry-level actuarys in Wadsworth, OH typically start between $73,175 and $87,190 per year (2026 est.). The full salary range spans $100,065 from the 10th to 90th percentile, with the local median at $112,181 — 16.38% below the national median.
Return on Investment
The average actuarial science program cost in Ohio of $50,000 represents just 68.33% of the starting actuary pay ($73,175/year) in Wadsworth. 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 Wadsworth
- 1Research the Wadsworth market: entry-level actuary pay ranges from $73,175 to $87,190, 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 Wadsworth, 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 Wadsworth for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Wadsworth'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 Wadsworth is $100,065 ( 136.75%) between entry-level and top earners. Starting at $73,175, experienced hygienists can earn up to $173,240.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$58,533
2025 BLS Actual
$70,906
2026 Current Est.
$73,175
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Wadsworth (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,533 | Actual |
| 2020 | $59,589 | Actual |
| 2021 | $57,089 | Actual |
| 2022 | $64,760 | Actual |
| 2023 | $68,027 | Actual |
| 2024 | $64,795 | Actual |
| 2025 | $70,906 | Actual |
| 2026(current) | $73,175 | Estimated |
| 2027 | $75,517 | Projected |
Entry-level actuary compensation (10th percentile) in Wadsworth, OH grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $58,533 in 2019 to $70,906 in 2025. By 2027, starting salaries are projected to reach $75,517. New graduates entering the Wadsworth job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Wadsworth 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 Wadsworth
Employers seeking entry-level actuaries in Wadsworth primarily include large life insurance companies such as Prudential and MetLife, which actively recruit through campus channels, offering structured exam study programs. Health insurers are also on the lookout for new talent, providing additional opportunities for graduates. Gaining relevant credentials, like a bachelor's degree in actuarial science or a related field, and passing the first actuarial exams significantly enhance starting salaries. With each exam success typically translating to an additional $3,000 to $8,000, early career professionals can expect realistic salary growth as they advance to Associates (ASA) and onto Fellow status (FSA) over several years. Consulting firms like Milliman and Mercer generally provide higher remuneration for those who achieve Fellowship, emphasizing the connection between continued education, exam progression, and salary potential within this burgeoning market in Ohio.
More salary data for Wadsworth, 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 Wadsworth. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Wadsworth 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