Actuary Pay

Entry-Level Actuary Salary in Oak Creek, WI: $77,840 (2026)

Quick Answer:New actuaries entering the Oak Creek, WI job market in 2026 can expect a starting salary around $77,840 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Oak Creek's local price level (BEA RPP 93.47% below national), a first-year paycheck buys what $83,340 would in average-cost America. Most reach the city median ($120,082) within a few years of clinical practice.

$77,840
Starting Salary
$37.42/hr
Starting Hourly
$77,840
Entry Level
$120,082
Career Median Target

Based on BLS state-level estimates · View source

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

In 2026, new graduates looking to embark on their careers as actuaries in Oak Creek, Wisconsin, can expect an entry-level actuary salary around $77,840. This figure represents the lower end of the market but still offers a solid starting point when compared to the overall median annual salary for the city of $120,082. For those entering the industry, the expected growth trajectory over the first few years is promising, with potential for salaries to increase to approximately $92,930 as they gain experience and professional credentials. Given the city's strong demand for actuaries and the projected annual growth rate of 3.20%, Oak Creek appears to be a viable market for new entrants into this field.

Several employers in Oak Creek actively seek to recruit entry-level actuaries, including large life insurance companies like Prudential and MetLife, which often partner with universities to bring in fresh talent. Additionally, health insurers and consulting firms, such as Milliman and Mercer, provide pathways for early-career actuaries through structured exam preparation and study programs. New graduates with bachelor’s degrees in disciplines like mathematics, actuarial science, or finance and those who have begun taking the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS) exams stand to boost their starting salaries significantly. Passing initial exams can lead to a salary increase of $3,000 to $8,000 per exam, making the exam progression an essential focus for those in the first 1-3 years of their careers. With the increasing demand for skills in predictive analytics and data science, entry-level actuaries in Oak Creek have a strong potential for salary growth and a fruitful career ahead.

About the Oak Creek Market

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

Career Earnings Timeline in Oak Creek

Year 0-2

New Graduate

$77,840/yr
Year 2-5

Early Career

$92,930/yr
Year 5-10

Mid Career

$120,082/yr
Year 10+

Experienced

$153,706/yr

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

2026 Salary Percentile Distribution in Oak Creek

Vertical bar chart of 10th through 90th percentile salaries for actuarys in Oak Creek. The median salary is $120,082, compared to the national median of $134,160.$70.1K$101.4K$132.7K$164.1K$195.4K$77.8K10th Pctl$92.9K25th Pctl$120.1KMedian$153.7K75th Pctl$186.1K90th PctlUS Median$134.2K

Entry-level actuarys in Oak Creek, WI typically start between $77,840 and $92,930 per year (2026 est.). The full salary range spans $108,287 from the 10th to 90th percentile, with the local median at $120,08210.49% below the national median.

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

Return on Investment

$48,000
Avg WI Program Cost
$77,840
Starting Salary
61.66%
Cost-to-Salary Ratio
<1 yr
Payback Estimate

The average actuarial science program cost in Wisconsin of $48,000 represents just 61.66% of the starting actuary pay ($77,840/year) in Oak Creek. 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 Oak Creek

  • 1Research the Oak Creek market: entry-level actuary pay ranges from $77,840 to $92,930, 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 WI often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Oak Creek, 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 Oak Creek for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Oak Creek's below-average cost of living means your starting salary goes further here compared to many larger metro areas.

Actuary Compensation Range

The actuary wage spread in Oak Creek is $108,287 ( 139.11%) between entry-level and top earners. Starting at $77,840, experienced hygienists can earn up to $186,127.

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

2019 BLS Actual

$62,265

2025 BLS Actual

$75,426

2026 Current Est.

$77,840

2019–2027 Growth

+29.0%

Salary Trajectory for Actuaries in Oak Creek (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 Oak Creek. Baseline $62,265 in 2025, projected to $80,331 by 2027.$56.8K$63.7K$70.5K$77.4K$84.3K2019202020212022202320242025202620272025 BLS$62.3K$63.4K$60.7K$68.9K$72.4K$70.1K$75.4K$77.8K$80.3K
YearAnnual SalaryStatus
2019$62,265Actual
2020$63,388Actual
2021$60,729Actual
2022$68,889Actual
2023$72,364Actual
2024$70,092Actual
2025$75,426Actual
2026(current)$77,840Estimated
2027$80,331Projected

Entry-level actuary compensation (10th percentile) in Oak Creek, WI grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $62,265 in 2019 to $75,426 in 2025. By 2027, starting salaries are projected to reach $80,331. New graduates entering the Oak Creek job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Oak Creek 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.

Frequently Asked Questions

What is the starting salary for actuaries in Oak Creek in 2026?

Entry-level actuaries in Oak Creek start at approximately $77,840/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 $37.42/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 Oak Creek?

Most actuaries in Oak Creek progress from the entry-level salary of $77,840 to the area median of $120,082 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $186,127 (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 Oak Creek?

With a starting salary of $77,840/year in Oak Creek 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 Oak Creek?

New actuarial science graduates in Oak Creek typically start near the 10th percentile at $77,840/year, or approximately $37.42/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 Wisconsin?

To become a licensed actuary in Wisconsin, 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 Wisconsin, 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 Wisconsin

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

Data Sources & Methodology

Salary data for Oak Creek 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

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