Entry-Level Actuary Salary in Canby, OR: $78,258 (2026)
Quick Answer:New actuaries entering the Canby, OR job market in 2026 can expect a starting salary around $78,258 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Canby's local price level (BEA RPP 102.6 — 3% above national), a first-year paycheck buys what $76,275 would in average-cost America. Most reach the city median ($129,664) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Actuaries entering the workforce in Canby, Oregon, are looking at a starting salary of approximately $78,258 in 2026. This figure is notably below the city's projected median annual salary of $129,664, revealing a significant gap for those at the beginning of their career. However, new graduates can expect upward mobility as they gain experience and achieve professional credentials; entry-level salaries tend to progress to around $104,205 in the P25 category as they settle into their roles. With a projected annual growth rate of 3.20%, Canby provides an encouraging job market for recent graduates entering the actuarial field, making it an appealing location for new talent eager to embark on their professional journeys.
About the Canby Market
Salary estimated from Oregon average ($122,000) adjusted for local cost of living.
Career Earnings Timeline in Canby
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 Canby
Entry-level actuarys in Canby, OR typically start between $78,258 and $104,205 per year (2026 est.). The full salary range spans $119,444 from the 10th to 90th percentile, with the local median at $129,664 — 3.35% below the national median.
Return on Investment
The average actuarial science program cost in Oregon of $58,000 represents just 74.11% of the starting actuary pay ($78,258/year) in Canby. 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 Canby
- 1Research the Canby market: entry-level actuary pay ranges from $78,258 to $104,205, 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 OR often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Canby, 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 Canby for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Canby's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Actuary Compensation Range
The actuary wage spread in Canby is $119,444 ( 152.63%) between entry-level and top earners. Starting at $78,258, experienced hygienists can earn up to $197,702.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$62,599
2025 BLS Actual
$75,831
2026 Current Est.
$78,258
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Canby (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,599 | Actual |
| 2020 | $63,728 | Actual |
| 2021 | $61,055 | Actual |
| 2022 | $69,258 | Actual |
| 2023 | $72,752 | Actual |
| 2024 | $70,393 | Actual |
| 2025 | $75,831 | Actual |
| 2026(current) | $78,258 | Estimated |
| 2027 | $80,762 | Projected |
Entry-level actuary compensation (10th percentile) in Canby, OR grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $62,599 in 2019 to $75,831 in 2025. By 2027, starting salaries are projected to reach $80,762. New graduates entering the Canby job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Canby 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 Canby
In Canby, several key employers actively seek entry-level actuaries, particularly in the insurance and consulting sectors. Large life insurance companies such as Prudential and MetLife often recruit fresh talent from universities, offering structured programs that support exam preparation, while health insurers also hire new entrants. Notably, consulting firms like Milliman and Mercer generally provide higher starting pay and a robust environment for career advancement compared to traditional insurers, particularly for those gaining ASA credentials. Achieving these credentials—especially through passing pivotal exams—can significantly enhance earning potential; each exam passed can add between $3,000 and $8,000 to salary. Furthermore, focusing on developing skills in predictive analytics and data science can set candidates apart. Realistically, those new in the field may anticipate steady growth as they advance through initial years, potentially aligning their salaries closer to the city median in just a few years with diligent effort and successful credentialing.
More salary data for Canby, OR:
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 Canby. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Canby 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