Actuary Hourly Pay in Ormond Beach, FL: $59.55 (2026)
Quick Answer:Hourly pay for a actuary working in Ormond Beach, FL runs $59.55 at the median for 2026 — annualizing to $123,864 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Ormond Beach's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $59.07 nationally would. A 24-hour part-time schedule grosses $74,314 per year.
Based on BLS state-level estimates · View source
With an hourly median pay of $59.55, actuaries in Ormond Beach, FL, fall slightly below the national average of $64.50. This compensation structure translates effectively for both part-time and per-diem workers operating in diverse settings like insurance pricing departments, consulting engagements, and remote actuarial modeling roles. The hourly wage spectrum ranges from $38.27 at entry-level positions to $92.30 for experienced professionals at the top of the market. Such figures, derived from annual salary data, indicate opportunities for part-time workers, including those working three days a week, to derive significant earnings based on their expertise and experience.
About the Ormond 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) | $38.27 | $306.13 |
| Lower Range (P25) | $44.52 | $356.16 |
| Median (P50) | $59.55 | $476.37 |
| Upper Range (P75) | $76.22 | $609.79 |
| Top Earners (P90) | $92.30 | $738.42 |
Estimated Annual Income by Work Schedule in Ormond Beach
Based on $59.55/hr median hourly rate · 2026 est.
At $59.55/hr, a actuary working full-time (40 hr/wk) in Ormond Beach, FL can expect to earn approximately $123,857 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,456. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in Ormond Beach.
Hourly Rate Calculator
Schedule Comparison in Ormond Beach
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,381.86 | $10,321 | $123,857 |
| Part-Time (24 hrs) | $1,429.11 | $6,193 | $74,314 |
| Per Diem (16 hrs) | $952.74 | $4,129 | $49,543 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Ormond Beach) | $59.55 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Ormond Beach, FL earn a median of $123,864 per year (2026 est.), which is 7.67% lower than the national median of $134,160 and 4.50% below the Florida state average of $129,700.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $59.55/hr = $74,314/year (purchasing power: $73,724).
Working 40h/week (full-time) = $123,857/year (purchasing power: $122,874).
CoL index: 100.8 (100 = national average).
2019 BLS Actual
$48.09/hr
2025 BLS Actual
$57.70/hr
2026 Current Est.
$59.55/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Ormond Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $48.09/hr | Actual |
| 2020 | $49.28/hr | Actual |
| 2021 | $47.00/hr | Actual |
| 2022 | $50.59/hr | Actual |
| 2023 | $53.26/hr | Actual |
| 2024 | $54.61/hr | Actual |
| 2025 | $57.70/hr | Actual |
| 2026(current) | $59.55/hr | Estimated |
| 2027 | $61.45/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Ormond Beach grew 20.0% from $48.09/hr (2019) to $57.70/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $61.45/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 Ormond 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 Ormond Beach
For actuaries contemplating part-time opportunities, working 24 hours weekly translates to a notable annual income despite being less than full-time earnings. Per-diem or contract actuarial roles are not standard for junior positions; however, seasoned professionals such as Fellows of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) in consulting roles often command hourly rates ranging from $250 to $500 and can even exceed $800 for expert witness services. Different types of employers in Ormond Beach, such as life insurance firms, health insurance providers, and property and casualty insurers, impact hourly rates significantly. While some actuaries might accept lower pay for the benefits offered by larger organizations, others may prefer freelance work to maximize earnings without benefits. Those negotiating hourly pay should highlight their exam progress, skills in predictive analytics, and relevant experience to strengthen their position and influence compensation discussions.
More salary data for Ormond Beach, FL:
Frequently Asked Questions
What is the hourly rate for actuaries in Ormond Beach in 2026?
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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
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 Ormond 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 Ormond 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