Actuary Pay

Actuary Hourly Pay in Louisville, CO: $63.09 (2026)

Quick Answer:Hourly pay for a actuary working in Louisville, CO runs $63.09 at the median for 2026 — annualizing to $131,224 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Louisville's regional price level (BEA RPP 105.0, 5% above national), each hour of work buys what $60.08 nationally would. A 24-hour part-time schedule grosses $78,732 per year.

$131,224
Median Annual Salary
$63.09/hr
Hourly Rate
$84,238
Entry Level (P10)
$203,397
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Hourly Rate in Louisville, CO — 2026 est., based on 2025 BLS
Louisville, CO actuary hourly rate overview (2026 est., based on 2025 BLS)

In Louisville, Colorado, actuaries are projected to earn a median hourly rate of $63.09 in 2026, slightly below the national median of $64.50. This figure presents an attractive option for part-time professionals seeking balance, especially those working three days a week in environments like insurance company actuarial pricing departments or remote actuarial modeling. With entry-level hourly rates starting at $40.50 and top earners reaching up to $97.78, there are diverse opportunities for actuaries at various stages in their careers. However, it is vital to recognize that these hourly estimates are derived from annual salary data, providing a narrative of potential earnings across different working arrangements, including per-diem roles often considered in consulting or specialized actuarial tasks.

About the Louisville Market

Salary estimated from Colorado average ($125,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$40.50$323.97
Lower Range (P25)$48.41$387.29
Median (P50)$63.09$504.69
Upper Range (P75)$80.75$646.03
Top Earners (P90)$97.78$782.26

Estimated Annual Income by Work Schedule in Louisville

Based on $63.09/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Louisville earning $63.09/hr would make approximately $75,703 part-time (24 hr/wk) or $131,219 full-time (40 hr/wk).Part-Time (24 hr/wk)$75,703Reduced (32 hr/wk)$100,938Full-Time (40 hr/wk)$131,219

At $63.09/hr, a actuary working full-time (40 hr/wk) in Louisville, CO can expect to earn approximately $131,219 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,703. With a cost-of-living index of 105.00 (above the national average), these earnings may be offset by higher expenses in Louisville.

Annual estimates assume 5052 working weeks per year. Actual earnings vary by employer, overtime, and benefits.

Hourly Rate Calculator

$504.69
per 8hr shift
$2,523.45
per week
$10,935
per month
$131,219
per year

Schedule Comparison in Louisville

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,523.45$10,935$131,219
Part-Time (24 hrs)$1,514.07$6,561$78,732
Per Diem (16 hrs)$1,009.38$4,374$52,488

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Louisville)$63.09
Statistician (National Avg)$51.53
Mathematician (National Avg)$56.16
Financial Analyst (National Avg)$47.61
Data Scientist (National Avg)$54.40
Horizontal bar chart comparing actuary median salary in Louisville ($131,224) with Colorado average ($140,798) and the US national median ($134,160).Louisville$131,224Colorado Avg$140,798-6.80%US National$134,160-2.19%

Actuarys in Louisville, CO earn a median of $131,224 per year (2026 est.), which is 2.19% lower than the national median of $134,160 and 6.80% below the Colorado state average of $140,798.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $63.09/hr = $78,732/year (purchasing power: $74,982).

Working 40h/week (full-time) = $131,219/year (purchasing power: $124,971).

CoL index: 105 (100 = national average).

2019 BLS Actual

$50.95/hr

2025 BLS Actual

$61.13/hr

2026 Current Est.

$63.09/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Louisville (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.

BLS Actual Estimated Projected
Hourly rate trajectory chart for actuaries in Louisville. Baseline $50.95/hr in 2025, projected to $65.10/hr by 2027.$47$52$57$63$682019202020212022202320242025202620272025 BLS$50.95$52.21$49.80$53.60$56.43$58.78$61.13$63.09$65.10
YearHourly RateStatus
2019$50.95/hrActual
2020$52.21/hrActual
2021$49.80/hrActual
2022$53.60/hrActual
2023$56.43/hrActual
2024$58.78/hrActual
2025$61.13/hrActual
2026(current)$63.09/hrEstimated
2027$65.10/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Louisville grew 20.0% from $50.95/hr (2019) to $61.13/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $65.10/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.

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

Working as an Hourly Actuary in Louisville

A part-time actuary working three days a week for a total of 24 hours can anticipate an annual income significantly different from their full-time counterparts. While a full-time actuary's earnings could average around $131,224, a part-time schedule might realistically yield approximately $80,000 annually, based solely on 2026 projections. The consulting realm offers additional earning opportunities where seasoned actuaries, particularly those holding FSA or FCAS credentials, can command hourly rates ranging from $250 to $500 or more for specialized services, such as expert witness testimony, reaching $400 to $800 per hour. Hourly compensation varies not just by experience but also by employer type—life insurance firms, managed care organizations, and reinsurance brokers each have their compensation structures. Those opting for higher hourly rates in the consulting sector might forego benefits found in traditional insurance roles, introducing a pivotal consideration for actuaries in their career decisions. When negotiating, emphasizing qualifications, particularly exam progress and specialized skills in predictive analytics, can significantly impact offers in Louisville's competitive actuarial market.

Frequently Asked Questions

What is the hourly rate for actuaries in Louisville in 2026?

The estimated 2026 median hourly rate for actuaries in Louisville is $63.09/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $40.50 at entry level (10th percentile) to $97.78 for experienced practitioners (90th percentile). This is 2.2% below the national average. Hourly pay varies based on practice type, patient volume, years of experience, and whether the position includes benefits.

How much do part-time actuaries make in Louisville?

A part-time actuary working 3 days per week (24 hours) in Louisville earns approximately $6,561/month, or $78,732/year at the median hourly rate of $63.09. Many actuaries prefer part-time schedules for work-life balance, and some work at multiple practices to maximize earnings. Part-time positions may not include benefits like health insurance or retirement contributions, but typically offer higher hourly rates to compensate.

Are actuaries in Louisville paid hourly or salary?

The majority of actuaries in Louisville are paid hourly at a median rate of $63.09/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $131,219/year, often bundled with benefits including health insurance, paid time off, retirement plans, and continuing education allowances. Hourly pay gives flexibility, while salary positions provide income stability.

How much does a full-time actuary make per year in Louisville?

A full-time actuary working 40 hours per week (2,080 hours/year) in Louisville earns approximately $131,219/year at the median hourly rate of $63.09. This is 2.2% below the national median. Top earners working full-time can reach $203,387/year at the 90th percentile rate. Overtime and weekend shifts may further increase annual earnings.

Do actuaries earn more per hour working part-time in Louisville?

Part-time and per diem actuaries in Louisville sometimes command higher hourly rates — up to $97.78/hour — because practices need flexible coverage for specific days or peak hours. However, part-time positions typically do not include benefits like health insurance, paid time off, or retirement contributions. When factoring in the value of benefits, full-time salaried positions may offer comparable or better total compensation despite a slightly lower hourly rate.

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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.

Clinically reviewed by David Patel, ASA, MAAAData verified by Aisha Khan, FSA, CERA

Methodology & Data Source

Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.20% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for actuaries in Louisville. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.

Data Sources & Methodology

Salary data for Louisville 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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