Entry-Level Actuary Salary in Sherman, TX: $77,631 (2026)
Quick Answer:New actuaries entering the Sherman, TX job market in 2026 can expect a starting salary around $77,631 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Sherman's local price level (BEA RPP 96.0 — 4% below national), a first-year paycheck buys what $80,866 would in average-cost America. Most reach the city median ($122,377) within a few years of clinical practice.
Based on BLS state-level estimates · View source
New graduates entering the actuarial field in Sherman, TX can expect to earn an entry-level salary around $77,631 in 2026. This base salary is significantly lower than the median annual earnings for actuaries in Sherman, which stand at $122,377, indicating a gap that new entrants must navigate. Over the first few years, entry-level actuaries may see their compensation grow as they progress from the 10th percentile to the 25th percentile, eventually reaching the median as they gain experience and credentials. With a projected growth rate of 3.20% annually, Sherman presents a viable market for recent graduates looking to establish their careers, especially considering the cost of living index of 96, which is below the national average.
About the Sherman Market
Salary estimated from Texas average ($128,000) adjusted for local cost of living.
Career Earnings Timeline in Sherman
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 Sherman
Entry-level actuarys in Sherman, TX typically start between $77,631 and $93,453 per year (2026 est.). The full salary range spans $112,053 from the 10th to 90th percentile, with the local median at $122,377 — 8.78% below the national median.
Return on Investment
The average actuarial science program cost in Texas of $52,000 represents just 66.98% of the starting actuary pay ($77,631/year) in Sherman. 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 Sherman
- 1Research the Sherman market: entry-level actuary pay ranges from $77,631 to $93,453, 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 TX often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Sherman, 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 Sherman for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Sherman'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 Sherman is $112,053 ( 144.34%) between entry-level and top earners. Starting at $77,631, experienced hygienists can earn up to $189,684.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$62,098
2025 BLS Actual
$75,224
2026 Current Est.
$77,631
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Sherman (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,098 | Actual |
| 2020 | $63,218 | Actual |
| 2021 | $60,566 | Actual |
| 2022 | $68,704 | Actual |
| 2023 | $72,170 | Actual |
| 2024 | $73,326 | Actual |
| 2025 | $75,224 | Actual |
| 2026(current) | $77,631 | Estimated |
| 2027 | $80,115 | Projected |
Entry-level actuary compensation (10th percentile) in Sherman, TX grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $62,098 in 2019 to $75,224 in 2025. By 2027, starting salaries are projected to reach $80,115. New graduates entering the Sherman job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sherman 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 Sherman
In Sherman, major employers such as Prudential, MetLife, and Northwestern Mutual actively recruit entry-level actuaries, often through campus connections and structured programs that provide study time for exams. Health insurers and consulting firms like Milliman, Mercer, Aon, and WTW are also looking for newly minted graduates, particularly those who are ASA-credentialed. To elevate starting pay, a robust educational background in mathematics, statistics, or actuarial science is advantageous, alongside the completion of core actuarial exams recognized by the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS). Passing these exams can drive salary increases, typically adding between $3,000 and $8,000 for each successful attempt. In the first three years, entry-level professionals in Sherman can realistically anticipate steady salary growth as they undertake this exam progression, positioning themselves favorably within both the consulting and insurance sectors, where FSA and FCAS credentials command respectively higher salaries.
More salary data for Sherman, TX:
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 Sherman. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Sherman 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