Actuary Hourly Pay in Shrewsbury, MA: $66.90 (2026)
Quick Answer:Hourly pay for a actuary working in Shrewsbury, MA runs $66.90 at the median for 2026 — annualizing to $139,158 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Shrewsbury's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $61.66 nationally would. A 24-hour part-time schedule grosses $83,497 per year.
Based on BLS state-level estimates · View source
In Shrewsbury, Massachusetts, the actuary hourly pay is projected to be $66.90 in 2026, which positions it above the national median hourly rate of $64.50. This higher rate reflects the local market dynamics and cost of living index, offering part-time opportunities appealing to professionals looking for flexibility. For actuaries working three days a week, the potential to earn a substantial income on a per-diem basis enhances the viability of various work environments such as insurance companies and consulting firms. The hourly pay range spans from $43.11 for entry-level positions to $103.70 for highly experienced professionals, indicating a robust opportunity for growth based on skill level and employer type. These figures are estimated from annual salary data, showcasing the potential for a lucrative career in the actuarial field within the local context.
About the Shrewsbury Market
Salary estimated from Massachusetts average ($142,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $43.11 | $344.85 |
| Lower Range (P25) | $51.58 | $412.63 |
| Median (P50) | $66.90 | $535.24 |
| Upper Range (P75) | $85.64 | $685.08 |
| Top Earners (P90) | $103.70 | $829.56 |
Estimated Annual Income by Work Schedule in Shrewsbury
Based on $66.90/hr median hourly rate · 2026 est.
At $66.90/hr, a actuary working full-time (40 hr/wk) in Shrewsbury, MA can expect to earn approximately $139,161 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $80,285. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Shrewsbury.
Hourly Rate Calculator
Schedule Comparison in Shrewsbury
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,676.18 | $11,597 | $139,161 |
| Part-Time (24 hrs) | $1,605.71 | $6,958 | $83,497 |
| Per Diem (16 hrs) | $1,070.47 | $4,639 | $55,665 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Shrewsbury) | $66.90 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Shrewsbury, MA earn a median of $139,158 per year (2026 est.), which is 3.73% higher than the national median of $134,160 and 4.40% below the Massachusetts state average of $145,563.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $66.90/hr = $83,497/year (purchasing power: $76,956).
Working 40h/week (full-time) = $139,161/year (purchasing power: $128,259).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$54.03/hr
2025 BLS Actual
$64.83/hr
2026 Current Est.
$66.90/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Shrewsbury (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $54.03/hr | Actual |
| 2020 | $55.37/hr | Actual |
| 2021 | $52.81/hr | Actual |
| 2022 | $56.85/hr | Actual |
| 2023 | $59.84/hr | Actual |
| 2024 | $70.81/hr | Actual |
| 2025 | $64.83/hr | Actual |
| 2026(current) | $66.90/hr | Estimated |
| 2027 | $69.05/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Shrewsbury grew 20.0% from $54.03/hr (2019) to $64.83/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $69.05/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 Shrewsbury 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 Shrewsbury
Considering a part-time actuary role in Shrewsbury can yield significant earnings over the course of a year. A professional working 24 hours weekly could take home around $83,952 annually, which, although not quite reaching the full-time salary levels, still represents a considerable income. On the flip side, per-diem or contract work is less frequently available for entry-level actuaries but becomes lucrative with advanced qualifications. For instance, FSA or FCAS credentialed professionals can charge between $250 and $500 per hour for consulting engagements, while expert witness roles can demand rates of $400 to $800 per hour. Different sectors, such as life insurance, health insurance, or consulting firms, offer varying pay scales, and some actuaries might prefer lower hourly wages for the benefit of employer-sponsored health insurance and other perks. Negotiation strategies should focus on unique skill sets, including predictive analytics, to enhance compensation, making the actuary hourly rate in Shrewsbury a topic of multiple potential negotiations.
More salary data for Shrewsbury, MA:
Frequently Asked Questions
What is the hourly rate for actuaries in Shrewsbury in 2026?
How much do part-time actuaries make in Shrewsbury?
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How much does a full-time actuary make per year in Shrewsbury?
Do actuaries earn more per hour working part-time in Shrewsbury?
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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 Shrewsbury. 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 Shrewsbury 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