Entry-Level Actuary Salary in Herriman, UT: $82,047 (2026)
Quick Answer:New actuaries entering the Herriman, UT job market in 2026 can expect a starting salary around $82,047 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Herriman's local price level (BEA RPP 98.1 — 2% below national), a first-year paycheck buys what $83,636 would in average-cost America. Most reach the city median ($129,226) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In Herriman, Utah, the starting salary for entry-level actuaries in 2026 is projected at $82,047, a figure that reflects essential market entry expectations for new graduates. When compared to the city median annual salary of $129,226, this starting pay reveals a significant gap that emerging professionals will need to bridge. As new actuaries gain experience and progress through their early careers, they can realistically anticipate salary growth moving from the 10th percentile to the 25th percentile, with a jump to $96,261 as they build their credentials and expertise. Given the upward trend of a 3.20% annual growth rate for the profession, Herriman presents a viable market for recent graduates seeking to launch their actuarial careers.
About the Herriman Market
Salary estimated from Utah average ($115,000) adjusted for local cost of living.
Career Earnings Timeline in Herriman
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 Herriman
Entry-level actuarys in Herriman, UT typically start between $82,047 and $96,261 per year (2026 est.). The full salary range spans $118,253 from the 10th to 90th percentile, with the local median at $129,226 — 3.68% below the national median.
Return on Investment
The average actuarial science program cost in Utah of $45,000 represents just 54.85% of the starting actuary pay ($82,047/year) in Herriman. 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 Herriman
- 1Research the Herriman market: entry-level actuary pay ranges from $82,047 to $96,261, 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 UT often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Herriman, 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 Herriman for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Herriman'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 Herriman is $118,253 ( 144.13%) between entry-level and top earners. Starting at $82,047, experienced hygienists can earn up to $200,300.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$65,630
2025 BLS Actual
$79,503
2026 Current Est.
$82,047
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Herriman (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $65,630 | Actual |
| 2020 | $66,814 | Actual |
| 2021 | $64,011 | Actual |
| 2022 | $72,612 | Actual |
| 2023 | $76,275 | Actual |
| 2024 | $69,649 | Actual |
| 2025 | $79,503 | Actual |
| 2026(current) | $82,047 | Estimated |
| 2027 | $84,673 | Projected |
Entry-level actuary compensation (10th percentile) in Herriman, UT grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $65,630 in 2019 to $79,503 in 2025. By 2027, starting salaries are projected to reach $84,673. New graduates entering the Herriman job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Herriman 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 Herriman
Numerous employers in Herriman actively seek to hire fresh graduates in the actuarial field. Large life insurance companies like Prudential and MetLife often attract candidates through campus recruitment efforts, offering structured support for passing examinations. Health insurers and consulting firms, such as Milliman and Mercer, also focus on entry-level roles that allow actuaries to engage with real-world challenges while pursuing professional development. For aspiring actuaries, holding a relevant bachelor’s degree in mathematics, statistics, or actuarial science is crucial. Additional credentials like the Associate (ASA) designation, typically achieved within four to five years, can result in an increase in starting pay. Given that each passed actuarial exam tends to add $3,000 to $8,000 to an actuary’s base salary, a focused growth strategy in the first few years—combined with the pursuit of predictive analytics skills—can further enhance earning potential in this market. Thus, the realistic salary trajectory for new entrants in the first three years is one of steady elevation as they successfully navigate exam requirements and industry demands.
More salary data for Herriman, UT:
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 Herriman. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Herriman 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