Entry-Level Actuary Salary in Redmond, OR: $78,775 (2026)
Quick Answer:New actuaries entering the Redmond, OR job market in 2026 can expect a starting salary around $78,775 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Redmond's local price level (BEA RPP 102.6 — 3% above national), a first-year paycheck buys what $76,779 would in average-cost America. Most reach the city median ($133,780) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, new graduates entering the actuarial field in Redmond, OR can expect a starting annual salary around $78,775 for entry-level positions. While this figure is significantly lower than the projected median salary of $133,780 for all actuaries in the area, it reflects the typical earnings of those just beginning their careers. Over the first few years, new actuaries can anticipate a gradual increase in their earnings, progressing to around $105,812 as they gain experience and possibly acquire additional credentials. With a projected growth rate of 3.20%, Redmond presents a viable market for fresh graduates, suggesting that the local demand for actuarial talent aligns with the prospects for salary advancement in this profession.
About the Redmond Market
Salary estimated from Oregon average ($122,000) adjusted for local cost of living.
Career Earnings Timeline in Redmond
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 Redmond
Entry-level actuarys in Redmond, OR typically start between $78,775 and $105,812 per year (2026 est.). The full salary range spans $128,585 from the 10th to 90th percentile, with the local median at $133,780 — 0.28% below the national median.
Return on Investment
The average actuarial science program cost in Oregon of $58,000 represents just 73.63% of the starting actuary pay ($78,775/year) in Redmond. 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 Redmond
- 1Research the Redmond market: entry-level actuary pay ranges from $78,775 to $105,812, 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 Redmond, 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 Redmond for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Redmond'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 Redmond is $128,585 ( 163.23%) between entry-level and top earners. Starting at $78,775, experienced hygienists can earn up to $207,360.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$63,013
2025 BLS Actual
$76,332
2026 Current Est.
$78,775
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Redmond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $63,013 | Actual |
| 2020 | $64,149 | Actual |
| 2021 | $61,458 | Actual |
| 2022 | $69,716 | Actual |
| 2023 | $73,233 | Actual |
| 2024 | $70,863 | Actual |
| 2025 | $76,332 | Actual |
| 2026(current) | $78,775 | Estimated |
| 2027 | $81,295 | Projected |
Entry-level actuary compensation (10th percentile) in Redmond, OR grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $63,013 in 2019 to $76,332 in 2025. By 2027, starting salaries are projected to reach $81,295. New graduates entering the Redmond job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Redmond 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 Redmond
Employers in Redmond actively seek out new actuaries from large life insurance companies such as Prudential, MetLife, and Northwestern Mutual, which often recruit directly from college campuses. These organizations provide structured pathways for professional development, including dedicated study time for actuarial exams. Health insurance companies and consulting firms like Milliman, Mercer, Aon, and WTW are also popular options for freshly minted graduates. To enhance their earning potential in Oregon, candidates should focus on obtaining relevant credentials such as a Bachelor's degree in math, statistics, or actuarial science, complemented by the completion of preliminary actuarial exams. Each pass often leads to salary increases between $3,000 and $8,000. Therefore, understanding exam progression and pursuing credentials can significantly impact future compensation, with potential salaries for newly credentialed analysts rising substantially within their first three years on the job.
More salary data for Redmond, 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 Redmond. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Redmond 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