Actuary Hourly Pay in Grandview, MO: $56.85 (2026)
Quick Answer:Hourly pay for a actuary working in Grandview, MO runs $56.85 at the median for 2026 — annualizing to $118,257 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Grandview's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $63.45 nationally would. A 24-hour part-time schedule grosses $70,952 per year.
Based on BLS state-level estimates · View source
In Grandview, Missouri, the actuary profession is projected to offer a median hourly pay of $56.85 in 2026. This figure is notably lower than the national median of $64.50. For actuaries who may consider part-time opportunities, such as working three days a week, this hourly rate translates into a potential income that allows for a balanced lifestyle while being competitive within the local market. The hourly pay range spans from $34.62 at the 10th percentile to $88.12 at the 90th percentile, catering to both entry-level professionals and those with significant experience. Actuaries often find employment in various settings, including insurance companies, consulting firms, and reinsurance teams, with remote work increasingly common in hybrid modeling roles. The rates provided here are estimates derived from annual salary data, which serve as a benchmark for understanding compensation in the region.
About the Grandview Market
Salary estimated from Missouri average ($118,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $34.62 | $276.99 |
| Lower Range (P25) | $42.35 | $338.83 |
| Median (P50) | $56.85 | $454.82 |
| Upper Range (P75) | $72.78 | $582.21 |
| Top Earners (P90) | $88.12 | $704.98 |
Estimated Annual Income by Work Schedule in Grandview
Based on $56.85/hr median hourly rate · 2026 est.
At $56.85/hr, a actuary working full-time (40 hr/wk) in Grandview, MO can expect to earn approximately $118,254 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,223. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Grandview.
Hourly Rate Calculator
Schedule Comparison in Grandview
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,274.12 | $9,854 | $118,254 |
| Part-Time (24 hrs) | $1,364.47 | $5,913 | $70,952 |
| Per Diem (16 hrs) | $909.65 | $3,942 | $47,302 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Grandview) | $56.85 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Grandview, MO earn a median of $118,257 per year (2026 est.), which is 11.85% lower than the national median of $134,160 and 1.60% below the Missouri state average of $120,180.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $56.85/hr = $70,952/year (purchasing power: $79,188).
Working 40h/week (full-time) = $118,254/year (purchasing power: $131,980).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$45.92/hr
2025 BLS Actual
$55.09/hr
2026 Current Est.
$56.85/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Grandview (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $45.92/hr | Actual |
| 2020 | $47.05/hr | Actual |
| 2021 | $44.88/hr | Actual |
| 2022 | $48.31/hr | Actual |
| 2023 | $50.85/hr | Actual |
| 2024 | $50.01/hr | Actual |
| 2025 | $55.09/hr | Actual |
| 2026(current) | $56.85/hr | Estimated |
| 2027 | $58.67/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Grandview grew 20.0% from $45.92/hr (2019) to $55.09/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $58.67/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 Grandview 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 Grandview
A part-time actuary working 24 hours a week at the median hourly pay would take home about $44,000 annually, considerably less than a full-time actuary’s income but still substantial for those preferring reduced hours. For per diem actuaries in Grandview, opportunities are generally less common at junior levels, but senior professionals engaged in consulting can charge between $250 and $500 per hour, especially those holding FSA or FCAS designations. Some actuaries focus on expert witness testimony, yielding impressive rates that can reach up to $800 per hour. Hourly rates also vary considerably across employer types; for instance, positions in life or health insurance providers might offer lower hourly rates but benefit from comprehensive health packages, whereas consulting firms like Mercer or Aon may offer higher pay with less job security. Understanding these dynamics is vital for actuaries navigating compensation negotiations in Grandview, where aligning pay expectations with professional development can influence career satisfaction and financial outcomes.
More salary data for Grandview, MO:
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 Grandview. 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 Grandview 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