Actuary Pay

Actuary Hourly Pay in Coconut Creek, FL: $60.81 (2026)

Quick Answer:Hourly pay for a actuary working in Coconut Creek, FL runs $60.81 at the median for 2026 — annualizing to $126,479 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Coconut Creek's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $60.32 nationally would. A 24-hour part-time schedule grosses $75,885 per year.

$126,479
Median Annual Salary
$60.81/hr
Hourly Rate
$78,943
Entry Level (P10)
$196,042
Top Earners (P90)

Based on BLS state-level estimates · View source

Actuary Hourly Rate in Coconut Creek, FL — 2026 est., based on 2025 BLS
Coconut Creek, FL actuary hourly rate overview (2026 est., based on 2025 BLS)

In Coconut Creek, Florida, the actuary hourly pay is projected to be $60.81 in 2026, which falls slightly below the national median hourly rate of $64.50. This rate provides a solid foundation for those considering part-time roles or per-diem positions within various sectors, such as insurance companies, consulting firms, and pension plan services. For part-time actuaries working three days a week, the hourly wage translates to a manageable income that reflects a balanced workload. With an hourly range from $37.96 at the entry-level to $94.25 for experienced professionals, actuaries in Coconut Creek can find opportunities that suit their career trajectories and life situations. However, the above-average cost of living in the area (Cost of Living Index: 100.8) means that potential earnings should be weighed against local expenses when evaluating career choices.

About the Coconut Creek Market

Salary estimated from Florida average ($118,000) adjusted for local cost of living.

Actuary Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$37.96$303.66
Lower Range (P25)$44.81$358.48
Median (P50)$60.81$486.44
Upper Range (P75)$77.83$622.67
Top Earners (P90)$94.25$754.02

Estimated Annual Income by Work Schedule in Coconut Creek

Based on $60.81/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Coconut Creek earning $60.81/hr would make approximately $72,967 part-time (24 hr/wk) or $126,475 full-time (40 hr/wk).Part-Time (24 hr/wk)$72,967Reduced (32 hr/wk)$97,289Full-Time (40 hr/wk)$126,475

At $60.81/hr, a actuary working full-time (40 hr/wk) in Coconut Creek, FL can expect to earn approximately $126,475 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,967. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in Coconut Creek.

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

Hourly Rate Calculator

$486.44
per 8hr shift
$2,432.22
per week
$10,540
per month
$126,475
per year

Schedule Comparison in Coconut Creek

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,432.22$10,540$126,475
Part-Time (24 hrs)$1,459.33$6,324$75,885
Per Diem (16 hrs)$972.89$4,216$50,590

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Coconut Creek)$60.81
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 Coconut Creek ($126,479) with Florida average ($129,722) and the US national median ($134,160).Coconut Creek$126,479Florida Avg$129,722-2.50%US National$134,160-5.73%

Actuarys in Coconut Creek, FL earn a median of $126,479 per year (2026 est.), which is 5.73% lower than the national median of $134,160 and 2.50% below the Florida state average of $129,722.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $60.81/hr = $75,885/year (purchasing power: $75,283).

Working 40h/week (full-time) = $126,475/year (purchasing power: $125,472).

CoL index: 100.8 (100 = national average).

2019 BLS Actual

$49.11/hr

2025 BLS Actual

$58.92/hr

2026 Current Est.

$60.81/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Coconut Creek (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 Coconut Creek. Baseline $49.11/hr in 2025, projected to $62.75/hr by 2027.$45$50$55$61$662019202020212022202320242025202620272025 BLS$49.11$50.32$48.00$51.66$54.39$55.77$58.92$60.81$62.75
YearHourly RateStatus
2019$49.11/hrActual
2020$50.32/hrActual
2021$48.00/hrActual
2022$51.66/hrActual
2023$54.39/hrActual
2024$55.77/hrActual
2025$58.92/hrActual
2026(current)$60.81/hrEstimated
2027$62.75/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Coconut Creek grew 20.0% from $49.11/hr (2019) to $58.92/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $62.75/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 Coconut 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.

Working as an Hourly Actuary in Coconut Creek

When assessing the financial possibilities within this profession, a part-time actuary working 24 hours a week can expect to earn around $75,000 annually, which permits a comfortable lifestyle but contrasts sharply with full-time earnings. For more senior actuaries, opportunities for per-diem work can increase financial prospects significantly; expert testimony engagements often reach $400–$800 per hour for seasoned fellows holding FSA or FCAS designations. In Coconut Creek, major employers span across life, health, and property insurance firms, elevating the hourly rates based on the industry sector—consulting roles frequently yield higher pay compared to positions within traditional insurance companies. Many actuaries are willing to accept lower hourly rates at insurers for benefits like health insurance, balancing the trade-off between immediate financial gains and longer-term advantages. For those negotiating their hourly rates, it's essential to showcase specialized skills, particularly in predictive analytics or software proficiency, which are becoming increasingly sought after in today’s market.

Frequently Asked Questions

What is the hourly rate for actuaries in Coconut Creek in 2026?

The estimated 2026 median hourly rate for actuaries in Coconut Creek is $60.81/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $37.96 at entry level (10th percentile) to $94.25 for experienced practitioners (90th percentile). This is 5.7% 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 Coconut Creek?

A part-time actuary working 3 days per week (24 hours) in Coconut Creek earns approximately $6,324/month, or $75,885/year at the median hourly rate of $60.81. 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 Coconut Creek paid hourly or salary?

The majority of actuaries in Coconut Creek are paid hourly at a median rate of $60.81/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $126,475/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 Coconut Creek?

A full-time actuary working 40 hours per week (2,080 hours/year) in Coconut Creek earns approximately $126,475/year at the median hourly rate of $60.81. This is 5.7% below the national median. Top earners working full-time can reach $196,045/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 Coconut Creek?

Part-time and per diem actuaries in Coconut Creek sometimes command higher hourly rates — up to $94.25/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 Coconut Creek. 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 Coconut 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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