Entry-Level Actuary Salary in South Kingstown, RI: $80,446 (2026)
Quick Answer:New actuaries entering the South Kingstown, RI job market in 2026 can expect a starting salary around $80,446 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out South Kingstown's local price level (BEA RPP 100.5 — 1% above national), a first-year paycheck buys what $80,046 would in average-cost America. Most reach the city median ($127,987) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, new graduates entering the actuarial field in South Kingstown, Rhode Island, can expect a starting salary of approximately $80,446, which represents a significant starting point for building a career in this profession. While this figure is notably lower than the median annual salary of $127,987 in the area, it reflects the realistic expectations for entry-level positions. Over the first few years, those new to the field can strategically progress toward higher earning potential, moving from entry-level compensation toward the $97,587 mark at the 25th percentile and gradually aiming for the median salary as they gain experience and pass professional exams. Given the projected growth rate of 3.20%, South Kingstown presents a solid market for fresh graduates looking to start their careers in the actuarial domain.
About the South Kingstown Market
Salary estimated from Rhode Island average ($120,000) adjusted for local cost of living.
Career Earnings Timeline in South Kingstown
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 South Kingstown
Entry-level actuarys in South Kingstown, RI typically start between $80,446 and $97,587 per year (2026 est.). The full salary range spans $117,933 from the 10th to 90th percentile, with the local median at $127,987 — 4.6% below the national median.
Return on Investment
The average actuarial science program cost in Rhode Island of $68,000 represents just 84.53% of the starting actuary pay ($80,446/year) in South Kingstown. 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 South Kingstown
- 1Research the South Kingstown market: entry-level actuary pay ranges from $80,446 to $97,587, 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 RI often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in South Kingstown, 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 South Kingstown for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5South Kingstown'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 South Kingstown is $117,933 ( 146.60%) between entry-level and top earners. Starting at $80,446, experienced hygienists can earn up to $198,379.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$64,350
2025 BLS Actual
$77,952
2026 Current Est.
$80,446
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in South Kingstown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,350 | Actual |
| 2020 | $65,511 | Actual |
| 2021 | $62,762 | Actual |
| 2022 | $71,196 | Actual |
| 2023 | $74,787 | Actual |
| 2024 | $71,230 | Actual |
| 2025 | $77,952 | Actual |
| 2026(current) | $80,446 | Estimated |
| 2027 | $83,021 | Projected |
Entry-level actuary compensation (10th percentile) in South Kingstown, RI grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $64,350 in 2019 to $77,952 in 2025. By 2027, starting salaries are projected to reach $83,021. New graduates entering the South Kingstown job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Kingstown 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 South Kingstown
Several employers in South Kingstown actively recruit entry-level actuaries, providing opportunities for graduates to kickstart their careers. Large life insurance companies such as Prudential and MetLife, as well as health insurers, frequently seek new talent. These organizations often have structured training programs that allow candidates to study for actuarial exams while working. Consulting firms like Milliman, Mercer, Aon, and WTW are also notable employers willing to offer higher base salaries for candidates holding the ASA credential. For recent graduates in RI, obtaining a Bachelor’s degree in fields like math or actuarial science is foundational, but advancing to the ASA credential should be a key objective, as each passed exam can boost salaries significantly. Within the first three years, as early-career actuaries progress through these exams, they can realistically expect their salaries to increase, with advancements in predictive analytics and data science capabilities adding further value to their skill sets. This focused career strategy will enhance their marketability and earnings potential in a competitive environment.
More salary data for South Kingstown, RI:
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 South Kingstown. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for South Kingstown 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