Actuary Hourly Pay in Albany, GA: $57.81 (2026)
Quick Answer:Hourly pay for a actuary working in Albany, GA runs $57.81 at the median for 2026 — annualizing to $120,240 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Albany's regional price level (BEA RPP 93.1, 7% below national), each hour of work buys what $62.10 nationally would. A 24-hour part-time schedule grosses $72,150 per year.
Based on BLS state-level estimates · View source
In Albany, GA, the actuarial profession offers a median hourly pay of $57.81, which is approximately 10.38% lower than the national median hourly rate of $64.50. This reflects the more localized economic conditions, including Albany's cost of living index, which stands at 93.1, indicating a more affordable lifestyle than many other areas in the country. For actuaries working part-time, such as those committing three days a week, this hourly rate translates to approximately $4,641 monthly based on a 24-hour work schedule. The hourly rates for entry-level positions start at about $33.53, while those at the higher end of the spectrum can earn up to $89.60 in various environments such as insurance company actuarial pricing departments and consulting firms. These figures, derived from annual salary estimates, illustrate the wide range of compensation available in the field, accommodating both emerging professionals and seasoned experts.
About the Albany Market
Salary estimated from Georgia average ($122,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.53 | $268.24 |
| Lower Range (P25) | $44.94 | $359.55 |
| Median (P50) | $57.81 | $462.50 |
| Upper Range (P75) | $73.99 | $591.96 |
| Top Earners (P90) | $89.60 | $716.79 |
Estimated Annual Income by Work Schedule in Albany
Based on $57.81/hr median hourly rate · 2026 est.
At $57.81/hr, a actuary working full-time (40 hr/wk) in Albany, GA can expect to earn approximately $120,250 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,375. With a cost-of-living index of 93.10 (below the national average), these earnings stretch further in Albany.
Hourly Rate Calculator
Schedule Comparison in Albany
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,312.51 | $10,021 | $120,250 |
| Part-Time (24 hrs) | $1,387.50 | $6,013 | $72,150 |
| Per Diem (16 hrs) | $925.00 | $4,008 | $48,100 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Albany) | $57.81 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Albany, GA earn a median of $120,240 per year (2026 est.), which is 10.38% lower than the national median of $134,160 and 0.90% below the Georgia state average of $121,332.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $57.81/hr = $72,150/year (purchasing power: $77,498).
Working 40h/week (full-time) = $120,250/year (purchasing power: $129,163).
CoL index: 93.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.69/hr
2025 BLS Actual
$56.02/hr
2026 Current Est.
$57.81/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.69/hr | Actual |
| 2020 | $47.85/hr | Actual |
| 2021 | $45.63/hr | Actual |
| 2022 | $49.12/hr | Actual |
| 2023 | $51.71/hr | Actual |
| 2024 | $54.10/hr | Actual |
| 2025 | $56.02/hr | Actual |
| 2026(current) | $57.81/hr | Estimated |
| 2027 | $59.66/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Albany grew 20.0% from $46.69/hr (2019) to $56.02/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.66/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 Albany 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 Albany
The earning potential of an actuary in Albany significantly increases for those considering per-diem opportunities or contract work. While it’s relatively rare for junior actuaries to engage in agency work, experienced FSAs and FCAS professionals can charge between $250 and $500 per hour for consulting engagements, with expert witness roles seeing rates as high as $800 per hour. Salary negotiation can be essential, especially when assessing employer variations—life insurance firms like Prudential or MetLife might offer benefits that a consulting firm like Aon may not, but often at a lower hourly rate. In Albany’s market, actuaries might choose roles at property and casualty insurers or managed-care companies based on the trade-offs between hourly pay and benefits. For those looking to optimize their income, specialty skills like predictive analytics can further enhance their marketability, making them more competitive among their peers. Understanding these dynamics is critical for actuaries seeking to maximize their compensation in this region.
More salary data for Albany, GA:
Frequently Asked Questions
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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 Albany. 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 Albany 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