Actuary Hourly Pay in North Miami Beach, FL: $59.23 (2026)
Quick Answer:Hourly pay for a actuary working in North Miami Beach, FL runs $59.23 at the median for 2026 — annualizing to $123,199 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against North Miami Beach's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $58.76 nationally would. A 24-hour part-time schedule grosses $73,915 per year.
Based on BLS state-level estimates · View source
Actuaries in North Miami Beach, Florida, can expect a median hourly pay of $59.23 as of 2026, which reflects an approximate 8.17% decrease compared to the national hourly median of $64.50. This figure is particularly relevant for part-time professionals and per-diem workers, who often find placements in sectors such as insurance pricing departments, consulting firms, and pension planning. The hourly range spans from $37.55 for entry-level roles to $91.81 for top earners, revealing substantial earning potential for experienced actuaries. These rates are derived from projected annual salaries, which serve as a useful benchmark for understanding the hourly dynamics in roles that typically require sophisticated analytical skills and knowledge of actuarial science, particularly among those navigating the intricacies of insurance and financial risks.
About the North Miami Beach Market
Salary estimated from Florida average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $37.55 | $300.44 |
| Lower Range (P25) | $45.21 | $361.70 |
| Median (P50) | $59.23 | $473.81 |
| Upper Range (P75) | $75.81 | $606.49 |
| Top Earners (P90) | $91.81 | $734.45 |
Estimated Annual Income by Work Schedule in North Miami Beach
Based on $59.23/hr median hourly rate · 2026 est.
At $59.23/hr, a actuary working full-time (40 hr/wk) in North Miami Beach, FL can expect to earn approximately $123,191 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,072. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in North Miami Beach.
Hourly Rate Calculator
Schedule Comparison in North Miami Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,369.06 | $10,266 | $123,191 |
| Part-Time (24 hrs) | $1,421.44 | $6,160 | $73,915 |
| Per Diem (16 hrs) | $947.62 | $4,106 | $49,276 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (North Miami Beach) | $59.23 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in North Miami Beach, FL earn a median of $123,199 per year (2026 est.), which is 8.17% lower than the national median of $134,160 and 5.00% below the Florida state average of $129,683.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.23/hr = $73,915/year (purchasing power: $73,328).
Working 40h/week (full-time) = $123,191/year (purchasing power: $122,213).
CoL index: 100.8 (100 = national average).
2019 BLS Actual
$47.83/hr
2025 BLS Actual
$57.39/hr
2026 Current Est.
$59.23/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in North Miami Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $47.83/hr | Actual |
| 2020 | $49.02/hr | Actual |
| 2021 | $46.75/hr | Actual |
| 2022 | $50.32/hr | Actual |
| 2023 | $52.98/hr | Actual |
| 2024 | $54.32/hr | Actual |
| 2025 | $57.39/hr | Actual |
| 2026(current) | $59.23/hr | Estimated |
| 2027 | $61.12/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in North Miami Beach grew 20.0% from $47.83/hr (2019) to $57.39/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.12/hr by 2027. Part-time and per-diem actuaries can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the North Miami Beach 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.
Working as an Hourly Actuary in North Miami Beach
Looking at the earning potential of part-time actuaries working three days a week, one could anticipate annual take-home pay that considerably differs from their full-time counterparts. For instance, a 24-hour work week can yield a significant but narrower income compared to those employed full-time, highlighting the choice between work-life balance and financial stability. Additionally, per diem actuarial pay in North Miami Beach can vary significantly based on experience and specialization, especially for FSAs and FCAS who may engage in consulting projects at rates of $250-$500 per hour. As actuaries progress through their careers, hourly rates can also differ markedly across employer types, from life insurance leaders like Prudential to property and casualty firms like State Farm. While some may opt for lower hourly pay with associated benefits in health insurance sectors, others pursue higher compensation with no benefits within consulting roles. For those pursuing hourly positions, negotiation strategies vary, but emphasizing one's credential status and skills in data analytics can be effective tactics to secure competitive rates in North Miami Beach's evolving job market.
More salary data for North Miami Beach, FL:
Frequently Asked Questions
What is the hourly rate for actuaries in North Miami Beach in 2026?
How much do part-time actuaries make in North Miami Beach?
Are actuaries in North Miami Beach paid hourly or salary?
How much does a full-time actuary make per year in North Miami Beach?
Do actuaries earn more per hour working part-time in North Miami Beach?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Florida
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
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 North Miami Beach. 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 North Miami Beach 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