Actuary Pay

Entry-Level Actuary Salary in McMinnville, OR: $84,873 (2026)

Quick Answer:New actuaries entering the McMinnville, OR job market in 2026 can expect a starting salary around $84,873 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out McMinnville's local price level (BEA RPP 102.63% above national), a first-year paycheck buys what $82,722 would in average-cost America. Most reach the city median ($136,461) within a few years of clinical practice.

$84,873
Starting Salary
$40.81/hr
Starting Hourly
$84,873
Entry Level
$136,461
Career Median Target

Based on BLS state-level estimates · View source

Actuary Entry Level Salary in McMinnville, OR — 2026 est., based on 2025 BLS
McMinnville, OR actuary entry level salary overview (2026 est., based on 2025 BLS)

Graduating into the actuarial field in McMinnville, Oregon, offers new actuaries a promising start, with entry-level salaries projected at $84,873 in 2026. This figure, while on the lower end of the salary spectrum, represents a solid launchpad when considering the median annual salary of $136,461 for all actuaries in the area. As new graduates gain experience and pass actuarial exams, their earning potential can grow significantly, with many moving toward $102,957 as they reach the 25th percentile within the first few years. Given this trajectory, McMinnville presents a favorable market for recent graduates, especially when aligned with a growth rate of 3.20% annually that indicates stability and potential for upward movement in compensation over time.

About the McMinnville Market

Salary estimated from Oregon average ($122,000) adjusted for local cost of living.

Career Earnings Timeline in McMinnville

Year 0-2

New Graduate

$84,873/yr
Year 2-5

Early Career

$102,957/yr
Year 5-10

Mid Career

$136,461/yr
Year 10+

Experienced

$174,663/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in McMinnville

Vertical bar chart of 10th through 90th percentile salaries for actuarys in McMinnville. The median salary is $136,461, compared to the national median of $134,160.$76.4K$112.8K$149.2K$185.7K$222.1K$84.9K10th Pctl$103.0K25th Pctl$136.5KMedian$174.7K75th Pctl$211.5K90th PctlUS Median$134.2K

Entry-level actuarys in McMinnville, OR typically start between $84,873 and $102,957 per year (2026 est.). The full salary range spans $126,643 from the 10th to 90th percentile, with the local median at $136,4611.72% above the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of actuary pay in the McMinnville metro area.

Return on Investment

$58,000
Avg OR Program Cost
$84,873
Starting Salary
68.34%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Oregon of $58,000 represents just 68.34% of the starting actuary pay ($84,873/year) in McMinnville. 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 McMinnville

  • 1Research the McMinnville market: entry-level actuary pay ranges from $84,873 to $102,957, 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 McMinnville, 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 McMinnville for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5McMinnville'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 McMinnville is $126,643 ( 149.21%) between entry-level and top earners. Starting at $84,873, experienced hygienists can earn up to $211,516.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$67,890

2025 BLS Actual

$82,241

2026 Current Est.

$84,873

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in McMinnville (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Salary trajectory chart for actuaries in McMinnville. Baseline $67,890 in 2025, projected to $87,589 by 2027.$61.9K$69.4K$76.9K$84.4K$91.9K2019202020212022202320242025202620272025 BLS$67.9K$69.1K$66.2K$75.1K$78.9K$76.4K$82.2K$84.9K$87.6K
YearAnnual SalaryStatus
2019$67,890Actual
2020$69,115Actual
2021$66,216Actual
2022$75,113Actual
2023$78,902Actual
2024$76,394Actual
2025$82,241Actual
2026(current)$84,873Estimated
2027$87,589Projected

Entry-level actuary compensation (10th percentile) in McMinnville, OR grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $67,890 in 2019 to $82,241 in 2025. By 2027, starting salaries are projected to reach $87,589. New graduates entering the McMinnville job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the McMinnville metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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 McMinnville

In McMinnville, employers that regularly hire entry-level actuaries include established life insurance giants such as Prudential, MetLife, and Northwestern Mutual. These organizations often seek candidates through internships and structured exam study programs, which can greatly enhance a new grad’s qualifications. Health insurance companies and consulting firms—like Milliman, Mercer, Aon, and WTW—also actively recruit early-career actuaries, and offer higher starting salaries, especially for candidates with credentials such as the Associate of the Society of Actuaries (ASA). Pursuing the ASA designation, which generally takes around 4-5 years and requires passing 5-7 exams, can lead to eventual increases in starting pay by $3,000 to $8,000 per exam passed, enhancing overall career earnings. New actuaries in McMinnville should also consider gaining proficiency in predictive analytics or data science, as these skills are becoming increasingly valuable in the market, enabling them to adapt and thrive in a sector that rewards continued learning and credential advancement.

Frequently Asked Questions

What is the starting salary for actuaries in McMinnville in 2026?

Entry-level actuaries in McMinnville start at approximately $84,873/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $40.80/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do actuary salaries grow in McMinnville?

Most actuaries in McMinnville progress from the entry-level salary of $84,873 to the area median of $136,461 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $211,516 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is actuarial science school worth it in McMinnville?

With a starting salary of $84,873/year in McMinnville and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new actuaries recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new actuaries make right out of school in McMinnville?

New actuarial science graduates in McMinnville typically start near the 10th percentile at $84,873/year, or approximately $40.80/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a actuary in Oregon?

To become a licensed actuary in Oregon, you typically need bachelor's degree in actuarial science, mathematics, statistics, or related field. professional credentialing through society of actuaries (soa) or casualty actuarial society (cas) — typically 7-10 exams to reach fellow level. most actuaries work toward credentials while employed., then pass the required national and state licensing examinations. Most states, including Oregon, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some actuaries pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in Oregon

MC

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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

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 McMinnville. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for McMinnville is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

Last verified: