Entry-Level Actuary Salary in Owasso, OK: $69,046 (2026)
Quick Answer:New actuaries entering the Owasso, OK job market in 2026 can expect a starting salary around $69,046 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Owasso's local price level (BEA RPP 88.9 — 11% below national), a first-year paycheck buys what $77,667 would in average-cost America. Most reach the city median ($116,268) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, entry-level actuaries in Owasso, Oklahoma, can expect to start their careers with an estimated salary around $69,046, significantly lower than the city’s median of $116,268. This starting pay highlights a gap that new graduates need to consider as they embark on their professional journeys. Over the first few years, salary growth is typically seen as actuaries progress through their exams and gain experience; for example, individuals can anticipate reaching around $85,308 as they enter the 25th percentile in the local market. Owasso appears to offer a reasonable environment for new grads, especially when considering its cost of living index is below the national average, providing a more attainable quality of life despite the starting salary.
About the Owasso Market
Salary estimated from Oklahoma average ($108,000) adjusted for local cost of living.
Career Earnings Timeline in Owasso
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 Owasso
Entry-level actuarys in Owasso, OK typically start between $69,046 and $85,308 per year (2026 est.). The full salary range spans $111,170 from the 10th to 90th percentile, with the local median at $116,268 — 13.34% below the national median.
Return on Investment
The average actuarial science program cost in Oklahoma of $40,000 represents just 57.93% of the starting actuary pay ($69,046/year) in Owasso. 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 Owasso
- 1Research the Owasso market: entry-level actuary pay ranges from $69,046 to $85,308, 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 Owasso, 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 Owasso for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Owasso'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 Owasso is $111,170 ( 161.01%) between entry-level and top earners. Starting at $69,046, experienced hygienists can earn up to $180,216.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$55,230
2025 BLS Actual
$66,905
2026 Current Est.
$69,046
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Owasso (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,230 | Actual |
| 2020 | $56,227 | Actual |
| 2021 | $53,868 | Actual |
| 2022 | $61,106 | Actual |
| 2023 | $64,189 | Actual |
| 2024 | $54,989 | Actual |
| 2025 | $66,905 | Actual |
| 2026(current) | $69,046 | Estimated |
| 2027 | $71,255 | Projected |
Entry-level actuary compensation (10th percentile) in Owasso, OK grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $55,230 in 2019 to $66,905 in 2025. By 2027, starting salaries are projected to reach $71,255. New graduates entering the Owasso job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Owasso 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 Owasso
Employers across Owasso looking to hire newly minted graduates typically include large life insurance companies such as Prudential and MetLife, which actively recruit from colleges and provide structured support for exam preparation. Health insurance firms also seek entry-level talent, complementing traditional actuarial roles with growing opportunities in consulting firms like Milliman and Mercer. For new actuaries aiming to enhance their pay potential, obtaining relevant credentials can make a significant difference. A strong educational foundation in mathematics or actuarial science, combined with passing key exams from the SOA or CAS, is essential. As actuaries pass exams, they often see pay increases that range from $3,000 to $8,000 per milestone, making this exam progression a crucial factor in determining future earnings. Realistically, entry-level actuaries in this market can expect their salaries to gradually increase over the first three years, especially if they gain additional VEE credits or work toward an ASA designation.
More salary data for Owasso, 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 Owasso. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Owasso 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