Actuary Pay

Actuary Hourly Pay in Royal Palm Beach, FL: $61.52 (2026)

Quick Answer:Hourly pay for a actuary working in Royal Palm Beach, FL runs $61.52 at the median for 2026 — annualizing to $127,949 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Royal Palm Beach's regional price level (BEA RPP 100.8, 1% above national), each hour of work buys what $61.03 nationally would. A 24-hour part-time schedule grosses $76,774 per year.

$127,949
Median Annual Salary
$61.52/hr
Hourly Rate
$78,532
Entry Level (P10)
$198,322
Top Earners (P90)

Based on BLS state-level estimates · View source

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

In Royal Palm Beach, the actuary hourly pay is projected to reach $61.52 in 2026, slightly below the national hourly median of $64.50. With this competitive rate, part-time actuaries working three days a week can expect a meaningful income while maintaining flexibility in their schedules. Typical employers such as insurance companies, consulting firms, and reinsurance teams often have positions that can be tailored for part-time or per-diem work, making it an attractive option for established professionals. The hourly earnings for entry-level positions start around $37.76, while seasoned actuaries at the top of their game can see rates as high as $95.35. This range reflects not only the level of expertise but also the differing demands of various workplaces across the region. It is crucial to recognize that these hourly figures are estimated based on annual salary data, providing a comprehensive overview of what actuaries can expect in this area.

About the Royal Palm Beach 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)$37.76$302.09
Lower Range (P25)$46.04$368.30
Median (P50)$61.52$492.14
Upper Range (P75)$78.74$629.93
Top Earners (P90)$95.35$762.77

Estimated Annual Income by Work Schedule in Royal Palm Beach

Based on $61.52/hr median hourly rate · 2026 est.

Horizontal bars showing a actuary in Royal Palm Beach earning $61.52/hr would make approximately $73,821 part-time (24 hr/wk) or $127,956 full-time (40 hr/wk).Part-Time (24 hr/wk)$73,821Reduced (32 hr/wk)$98,428Full-Time (40 hr/wk)$127,956

At $61.52/hr, a actuary working full-time (40 hr/wk) in Royal Palm Beach, FL can expect to earn approximately $127,956 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,821. With a cost-of-living index of 100.80 (above the national average), these earnings may be offset by higher expenses in Royal Palm Beach.

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

Hourly Rate Calculator

$492.14
per 8hr shift
$2,460.70
per week
$10,663
per month
$127,956
per year

Schedule Comparison in Royal Palm Beach

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$2,460.70$10,663$127,956
Part-Time (24 hrs)$1,476.42$6,398$76,774
Per Diem (16 hrs)$984.28$4,265$51,183

Compare ASA, FSA Wages With Similar Roles

RoleMedian Hourly
Actuary (Royal Palm Beach)$61.52
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 Royal Palm Beach ($127,949) with Florida average ($129,635) and the US national median ($134,160).Royal Palm Beach$127,949Florida Avg$129,635-1.30%US National$134,160-4.63%

Actuarys in Royal Palm Beach, FL earn a median of $127,949 per year (2026 est.), which is 4.63% lower than the national median of $134,160 and 1.30% below the Florida state average of $129,635.

Actuary Hourly Pay vs. Cost of Living

Working 24h/week at $61.52/hr = $76,774/year (purchasing power: $76,165).

Working 40h/week (full-time) = $127,956/year (purchasing power: $126,941).

CoL index: 100.8 (100 = national average).

2019 BLS Actual

$49.68/hr

2025 BLS Actual

$59.61/hr

2026 Current Est.

$61.52/hr

2019–2027 Growth

+27.8%

Hourly Rate Trajectory for Actuaries in Royal Palm Beach (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 Royal Palm Beach. Baseline $49.68/hr in 2025, projected to $63.49/hr by 2027.$46$51$56$61$662019202020212022202320242025202620272025 BLS$49.68$50.91$48.56$52.27$55.02$56.42$59.61$61.52$63.49
YearHourly RateStatus
2019$49.68/hrActual
2020$50.91/hrActual
2021$48.56/hrActual
2022$52.27/hrActual
2023$55.02/hrActual
2024$56.42/hrActual
2025$59.61/hrActual
2026(current)$61.52/hrEstimated
2027$63.49/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Royal Palm Beach grew 20.0% from $49.68/hr (2019) to $59.61/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $63.49/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 Royal Palm Beach 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 Royal Palm Beach

For part-time actuaries, those opting for a three-day workweek (24 hours) can earn approximately $77,100 annually before taxes. This contrasts sharply with full-time counterparts who take on 40-hour weeks, showcasing a flexible yet lucrative career option. Although per-diem or consulting work is less common for junior-level actuaries, seasoned professionals holding Fellow status often benefit from hourly rates between $250 and $500 for specialized consulting engagements, including expert witness testimony, which can command even more—up to $800 per hour. In Royal Palm Beach, the daily earning potential varies significantly depending on the employer type; life insurers, health care firms, and consulting agencies each offer different compensation structures. Many actuaries might accept slightly lower hourly wages in exchange for comprehensive health benefits, a trade-off that can affect long-term career satisfaction. For those negotiating their hourly rates, understanding the value of their expertise based on actuarial exams and their relevance in consulting versus insurance can lead to better compensation arrangements in this growing market.

Frequently Asked Questions

What is the hourly rate for actuaries in Royal Palm Beach in 2026?

The estimated 2026 median hourly rate for actuaries in Royal Palm Beach is $61.52/hour, based on estimated 2026 salary (projected from 2025 BLS data at 3.20% annual growth). Rates range from $37.76 at entry level (10th percentile) to $95.35 for experienced practitioners (90th percentile). This is 4.6% 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 Royal Palm Beach?

A part-time actuary working 3 days per week (24 hours) in Royal Palm Beach earns approximately $6,398/month, or $76,774/year at the median hourly rate of $61.52. 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 Royal Palm Beach paid hourly or salary?

The majority of actuaries in Royal Palm Beach are paid hourly at a median rate of $61.52/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $127,956/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 Royal Palm Beach?

A full-time actuary working 40 hours per week (2,080 hours/year) in Royal Palm Beach earns approximately $127,956/year at the median hourly rate of $61.52. This is 4.6% below the national median. Top earners working full-time can reach $198,321/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 Royal Palm Beach?

Part-time and per diem actuaries in Royal Palm Beach sometimes command higher hourly rates — up to $95.35/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 Royal Palm 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 Royal Palm 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).

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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