Actuary Hourly Pay in New Iberia, LA: $49.92 (2026)
Quick Answer:Hourly pay for a actuary working in New Iberia, LA runs $49.92 at the median for 2026 — annualizing to $103,822 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against New Iberia's regional price level (BEA RPP 90.3, 10% below national), each hour of work buys what $55.28 nationally would. A 24-hour part-time schedule grosses $62,297 per year.
Based on BLS state-level estimates · View source
In New Iberia, Louisiana, actuaries can expect a median hourly pay of $49.92, significantly lower than the national median of $64.50. This hourly rate can influence decisions for those considering part-time or per diem work arrangements, which are common in settings like insurance companies and consulting firms. For instance, an actuary working three days a week may find that the flexibility allows them to achieve a work-life balance, while per-diem roles can provide opportunities in more varied client engagements. The hourly pay range for actuaries in New Iberia spans from $31.42 for entry-level positions to $77.37 for those at the top of the field, reflecting the diversity of responsibilities and expertise required in actuarial work. It should be noted that these figures are estimated from annual salary data based on recent projections for 2026.
About the New Iberia Market
Salary estimated from Louisiana average ($110,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.42 | $251.40 |
| Lower Range (P25) | $37.94 | $303.49 |
| Median (P50) | $49.92 | $399.34 |
| Upper Range (P75) | $63.89 | $511.13 |
| Top Earners (P90) | $77.37 | $618.95 |
Estimated Annual Income by Work Schedule in New Iberia
Based on $49.92/hr median hourly rate · 2026 est.
At $49.92/hr, a actuary working full-time (40 hr/wk) in New Iberia, LA can expect to earn approximately $103,829 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $59,901. With a cost-of-living index of 90.30 (below the national average), these earnings stretch further in New Iberia.
Hourly Rate Calculator
Schedule Comparison in New Iberia
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,996.71 | $8,652 | $103,829 |
| Part-Time (24 hrs) | $1,198.03 | $5,191 | $62,297 |
| Per Diem (16 hrs) | $798.69 | $3,461 | $41,532 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (New Iberia) | $49.92 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in New Iberia, LA earn a median of $103,822 per year (2026 est.), which is 22.61% lower than the national median of $134,160 and 5.30% below the Louisiana state average of $109,633.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $49.92/hr = $62,297/year (purchasing power: $68,989).
Working 40h/week (full-time) = $103,829/year (purchasing power: $114,982).
CoL index: 90.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$40.31/hr
2025 BLS Actual
$48.37/hr
2026 Current Est.
$49.92/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in New Iberia (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $40.31/hr | Actual |
| 2020 | $41.31/hr | Actual |
| 2021 | $39.40/hr | Actual |
| 2022 | $42.41/hr | Actual |
| 2023 | $44.65/hr | Actual |
| 2024 | $45.24/hr | Actual |
| 2025 | $48.37/hr | Actual |
| 2026(current) | $49.92/hr | Estimated |
| 2027 | $51.52/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in New Iberia grew 20.0% from $40.31/hr (2019) to $48.37/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $51.52/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 New Iberia 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 New Iberia
When examining the part-time earning potential in New Iberia, an actuary working 24 hours a week could take home around $62,600 annually, a stark contrast to full-time positions that may yield significantly more. Per-diem actuarial work isn't typically accessible to junior staff, as most such roles require at least an FSA or FCAS designation to justify higher billing rates, which can range from $250 to $500 per hour for consulting engagements or even more for expert witness testimony in legal settings, at $400 to $800 per hour. Different employers, whether they are life insurers like MetLife or property and casualty companies such as State Farm, may also affect hourly rates due to their varying compensation structures. While some actuaries may choose to accept lower hourly rates to benefit from robust health insurance plans, others might prefer the higher pay at firms with fewer benefits. When negotiating hourly pay in New Iberia, it's crucial to be aware of the local market trends and leverage specialized skills or credentials from organizations like the SOA or CAS, as these qualifications often serve as key negotiation tools.
More salary data for New Iberia, LA:
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 New Iberia. 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 New Iberia 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