Entry-Level Actuary Salary in Cheyenne, WY: $62,555 (2026)
Quick Answer:New actuaries entering the Cheyenne, WY job market in 2026 can expect a starting salary around $62,555 (BLS 10th-percentile benchmark for SOC 15-2011, projected from 2025 OEWS data). Stripping out Cheyenne's local price level (BEA RPP 95.8 — 4% below national), a first-year paycheck buys what $65,297 would in average-cost America. Most reach the city median ($107,852) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Aspiring actuaries entering the workforce in Cheyenne, Wyoming, can anticipate a starting salary of around $62,555 in 2026. This figure represents the lower tenth percentile, indicating a significant gap from the city's median annual salary of $107,852. For new graduates, the trajectory can be promising, with potential earnings rising to approximately $83,840 after gaining a few years of experience. The expected growth trajectory from the entry-level stage to median salary over the first 3-5 years suggests that Cheyenne is a viable market for those fresh out of college. The relatively competitive nature of the local job market, combined with a manageable cost of living index of 95.8, makes this an appealing starting point for recent graduates seeking to establish their career in the actuarial field.
About the Cheyenne Market
Salary estimated from Wyoming average ($108,000) adjusted for local cost of living.
Career Earnings Timeline in Cheyenne
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 Cheyenne
Entry-level actuarys in Cheyenne, WY typically start between $62,555 and $83,840 per year (2026 est.). The full salary range spans $104,616 from the 10th to 90th percentile, with the local median at $107,852 — 19.61% below the national median.
Return on Investment
The average actuarial science program cost in Wyoming of $38,000 represents just 60.75% of the starting actuary pay ($62,555/year) in Cheyenne. 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 Cheyenne
- 1Research the Cheyenne market: entry-level actuary pay ranges from $62,555 to $83,840, 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 WY often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Cheyenne, 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 Cheyenne for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Cheyenne'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 Cheyenne is $104,616 ( 167.24%) between entry-level and top earners. Starting at $62,555, experienced hygienists can earn up to $167,171.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$50,038
2025 BLS Actual
$60,615
2026 Current Est.
$62,555
2019–2027 Growth
+29.0%
Salary Trajectory for Actuaries in Cheyenne (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $50,038 | Actual |
| 2020 | $50,941 | Actual |
| 2021 | $48,804 | Actual |
| 2022 | $55,361 | Actual |
| 2023 | $58,154 | Actual |
| 2024 | $59,445 | Actual |
| 2025 | $60,615 | Actual |
| 2026(current) | $62,555 | Estimated |
| 2027 | $64,556 | Projected |
Entry-level actuary compensation (10th percentile) in Cheyenne, WY grew 21.1% over 7 years based on actual BLS metropolitan area surveys, rising from $50,038 in 2019 to $60,615 in 2025. By 2027, starting salaries are projected to reach $64,556. New graduates entering the Cheyenne job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Cheyenne 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 Cheyenne
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In Cheyenne, major employers typically looking to hire entry-level actuaries include large life insurance companies like Prudential and MetLife, along with health insurers and consulting firms such as Milliman and Mercer. These organizations often have structured exam study programs for new grads, providing essential support as they continue their actuarial education. Holding a bachelor's degree in a relevant field, coupled with successful completion of early actuarial exams, can significantly enhance earning potential. Each exam passed generally adds between $3,000 and $8,000 to an actuary's base salary, creating a strong financial incentive for early-career professionals to pursue credentials such as the ASA. With a growth rate projected at 3.20%, it's realistic for new actuaries in Cheyenne to expect notable salary increases within their first three years, particularly if they develop skills in in-demand areas like predictive analytics. Focusing on obtaining the Associate and eventually Fellow designations will pay off, especially considering the distinct pay gradient that exists between consulting positions and traditional insurers in the region.
More salary data for Cheyenne, WY:
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 Cheyenne. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Cheyenne 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