Actuary Pay

Actuary Hourly Pay in Smyrna, DE: $57.32 (2026)

Quick Answer:Hourly pay for a actuary working in Smyrna, DE runs $57.32 at the median for 2026 — annualizing to $119,222 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Smyrna's regional price level (BEA RPP 101.7, 2% above national), each hour of work buys what $56.36 nationally would. A 24-hour part-time schedule grosses $71,532 per year.

$119,222
Median Annual Salary
$57.32/hr
Hourly Rate
$79,261
Entry Level (P10)
$184,794
Top Earners (P90)

Based on BLS state-level estimates · View source

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

In Smyrna, Delaware, actuaries earn a median hourly pay of $57.32, which is notably lower than the national median hourly rate of $64.50. This difference in compensation reflects the local market dynamics for actuarial professionals, particularly those working in various settings such as insurance companies, consulting firms, and pension plans. The hourly range for actuaries here spans from $38.10 at the entry level to as high as $88.84 for the top earners, demonstrating the potential for significant financial gain as experience and expertise increase. For part-time workers, engaging in a 3-day workweek could yield a substantial income, especially given the projected salary levels specific to Smyrna’s actuaries, which can cater to different working arrangements including remote and hybrid schedules.

About the Smyrna Market

Salary estimated from Delaware average ($130,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$38.10$304.81
Lower Range (P25)$44.89$359.14
Median (P50)$57.32$458.54
Upper Range (P75)$73.21$585.68
Top Earners (P90)$88.84$710.76

Estimated Annual Income by Work Schedule in Smyrna

Based on $57.32/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Smyrna earning $57.32/hr would make approximately $68,781 part-time (24 hr/wk) or $119,220 full-time (40 hr/wk).Part-Time (24 hr/wk)$68,781Reduced (32 hr/wk)$91,708Full-Time (40 hr/wk)$119,220

At $57.32/hr, a actuary working full-time (40 hr/wk) in Smyrna, DE can expect to earn approximately $119,220 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,781. With a cost-of-living index of 101.70 (above the national average), these earnings may be offset by higher expenses in Smyrna.

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

Hourly Rate Calculator

$458.54
per 8hr shift
$2,292.69
per week
$9,935
per month
$119,220
per year

Schedule Comparison in Smyrna

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,292.69$9,935$119,220
Part-Time (24 hrs)$1,375.61$5,961$71,532
Per Diem (16 hrs)$917.08$3,974$47,688

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Smyrna)$57.32
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 Smyrna ($119,222) with Delaware average ($128,749) and the US national median ($134,160).Smyrna$119,222Delaware Avg$128,749-7.40%US National$134,160-11.13%

Actuarys in Smyrna, DE earn a median of $119,222 per year (2026 est.), which is 11.13% lower than the national median of $134,160 and 7.40% below the Delaware state average of $128,749.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $57.32/hr = $71,532/year (purchasing power: $70,336).

Working 40h/week (full-time) = $119,220/year (purchasing power: $117,227).

CoL index: 101.7 (100 = national average).

2019 BLS Actual

$46.29/hr

2025 BLS Actual

$55.54/hr

2026 Current Est.

$57.32/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Smyrna (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 Smyrna. Baseline $46.29/hr in 2025, projected to $59.15/hr by 2027.$42$47$52$57$622019202020212022202320242025202620272025 BLS$46.29$47.44$45.24$48.70$51.27$58.89$55.54$57.32$59.15
YearHourly RateStatus
2019$46.29/hrActual
2020$47.44/hrActual
2021$45.24/hrActual
2022$48.70/hrActual
2023$51.27/hrActual
2024$58.89/hrActual
2025$55.54/hrActual
2026(current)$57.32/hrEstimated
2027$59.15/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Smyrna grew 20.0% from $46.29/hr (2019) to $55.54/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.15/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 Smyrna 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 Smyrna

Looking closely at part-time earning potential, an actuary working three days a week (24 hours) could expect to take home just over $70,000 annually, a substantial figure when weighed against full-time counterparts. While per-diem actuarial opportunities are rare for those at junior levels, more experienced Fellows (FSA/FCAS) consulting in the Smyrna area can command billing rates ranging from $250 to $500 per hour, especially in specialized roles such as expert witness testimony, which may reach between $400 and $800 per hour. Different employer types also influence hourly rates; while positions at life insurance firms like Prudential or MetLife often come with benefits, higher hourly rates could be found in less traditional settings without such perks. Actuaries must balance their choices carefully, particularly when negotiating terms, ensuring they advocate for favorable compensation that reflects their skills and the added value they bring to their employer or client.

Frequently Asked Questions

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

The estimated 2026 median hourly rate for actuaries in Smyrna is $57.32/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $38.10 at entry level (10th percentile) to $88.84 for experienced practitioners (90th percentile). This is 11.1% 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 Smyrna?

A part-time actuary working 3 days per week (24 hours) in Smyrna earns approximately $5,961/month, or $71,532/year at the median hourly rate of $57.32. 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 Smyrna paid hourly or salary?

The majority of actuaries in Smyrna are paid hourly at a median rate of $57.32/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $119,220/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 Smyrna?

A full-time actuary working 40 hours per week (2,080 hours/year) in Smyrna earns approximately $119,220/year at the median hourly rate of $57.32. This is 11.1% below the national median. Top earners working full-time can reach $184,797/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 Smyrna?

Part-time and per diem actuaries in Smyrna sometimes command higher hourly rates — up to $88.84/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.

Related Pages

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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

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 Smyrna. 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 Smyrna 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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