Entry-Level Actuary Salary in Midwest City, OK: $68,555 (2026)
Quick Answer:New actuaries entering the Midwest City, OK job market in 2026 can expect a starting salary around $68,555 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Midwest City's local price level (BEA RPP 88.9 — 11% below national), a first-year paycheck buys what $77,115 would in average-cost America. Most reach the city median ($118,198) within a few years of clinical practice.
Based on BLS state-level estimates · View source
With a starting actuary salary in Midwest City, OK, projected at $68,555 for 2026, new graduates can have a realistic entry point into a promising career. This figure falls short of the city's median annual salary of $118,198, showcasing a substantial gap that aspiring actuaries can bridge over the first few years. As new professionals gain experience, they can expect to advance to the 25th percentile salary of $91,949 within a few years, a step toward fully realizing the area's potential earnings. Given the projected 3.20% annual growth rate, Midwest City presents an appealing market for budding actuaries seeking stability and opportunities to develop their skills.
About the Midwest City Market
Salary estimated from Oklahoma average ($108,000) adjusted for local cost of living.
Career Earnings Timeline in Midwest City
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 Midwest City
Entry-level actuarys in Midwest City, OK typically start between $68,555 and $91,949 per year (2026 est.). The full salary range spans $114,652 from the 10th to 90th percentile, with the local median at $118,198 — 11.9% below the national median.
Return on Investment
The average actuarial science program cost in Oklahoma of $40,000 represents just 58.35% of the starting actuary pay ($68,555/year) in Midwest City. 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 Midwest City
- 1Research the Midwest City market: entry-level actuary pay ranges from $68,555 to $91,949, 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 OK often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Midwest City, 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 Midwest City for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Midwest City'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 Midwest City is $114,652 ( 167.24%) between entry-level and top earners. Starting at $68,555, experienced hygienists can earn up to $183,207.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$54,838
2025 BLS Actual
$66,429
2026 Current Est.
$68,555
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Midwest City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $54,838 | Actual |
| 2020 | $55,827 | Actual |
| 2021 | $53,485 | Actual |
| 2022 | $60,671 | Actual |
| 2023 | $63,732 | Actual |
| 2024 | $55,188 | Actual |
| 2025 | $66,429 | Actual |
| 2026(current) | $68,555 | Estimated |
| 2027 | $70,748 | Projected |
Entry-level actuary compensation (10th percentile) in Midwest City, OK grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $54,838 in 2019 to $66,429 in 2025. By 2027, starting salaries are projected to reach $70,748. New graduates entering the Midwest City job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Midwest City 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 Midwest City
Several firms in the area are notable employers of recent actuarial graduates, seeking talent among large life insurance companies like Prudential and MetLife, as well as health insurers that value entry-level actuaries. Consulting firms such as Milliman and Mercer offer structured paths for career growth, backing their analysts with dedicated exam study time. New graduates are encouraged to pursue relevant credentials—such as a bachelor's degree in mathematics or actuarial science and progress through the exams set by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Each passed exam can increase base pay by $3,000 to $8,000, significantly enhancing the trajectory of their starting actuary salary in Midwest City. The emphasis on predictive analytics and data science is growing, making it imperative for actuaries in their first few years to equip themselves with these skills to enhance their marketability and pay potential.
More salary data for Midwest City, OK:
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 Midwest City. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Midwest City 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