Actuary Hourly Pay in Lee's Summit, MO: $57.29 (2026)
Quick Answer:Hourly pay for a actuary working in Lee's Summit, MO runs $57.29 at the median for 2026 — annualizing to $119,152 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Lee's Summit's regional price level (BEA RPP 89.6, 10% below national), each hour of work buys what $63.94 nationally would. A 24-hour part-time schedule grosses $71,493 per year.
Based on BLS state-level estimates · View source
In 2026, actuaries in Lee's Summit, Missouri, earn a median hourly pay of $57.29, which is notably lower than the national median of $64.50. This hourly wage creates distinctive opportunities for part-time employment. For instance, an actuary working three days a week could see a substantial income from just 24 hours, benefiting those balancing other commitments or pursuing freelance opportunities. The hourly pay range in the area varies from $34.73 for entry-level positions to $88.79 for the most experienced professionals, indicating a significant potential for growth with experience and ongoing professional development. Given the varied nature of their work environments—from insurance industry pricing departments to consulting firms—actuaries in Lee's Summit have flexible options that suit different career paths.
About the Lee's Summit 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) | $34.73 | $277.81 |
| Lower Range (P25) | $42.79 | $342.29 |
| Median (P50) | $57.29 | $458.29 |
| Upper Range (P75) | $73.32 | $586.59 |
| Top Earners (P90) | $88.79 | $710.35 |
Estimated Annual Income by Work Schedule in Lee's Summit
Based on $57.29/hr median hourly rate · 2026 est.
At $57.29/hr, a actuary working full-time (40 hr/wk) in Lee's Summit, MO can expect to earn approximately $119,156 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,744. With a cost-of-living index of 89.60 (below the national average), these earnings stretch further in Lee's Summit.
Hourly Rate Calculator
Schedule Comparison in Lee's Summit
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,291.45 | $9,930 | $119,156 |
| Part-Time (24 hrs) | $1,374.87 | $5,958 | $71,493 |
| Per Diem (16 hrs) | $916.58 | $3,972 | $47,662 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Lee's Summit) | $57.29 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Lee's Summit, MO earn a median of $119,152 per year (2026 est.), which is 11.19% lower than the national median of $134,160 and 0.90% below the Missouri state average of $120,234.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $57.29/hr = $71,493/year (purchasing power: $79,792).
Working 40h/week (full-time) = $119,156/year (purchasing power: $132,986).
CoL index: 89.6 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.27/hr
2025 BLS Actual
$55.51/hr
2026 Current Est.
$57.29/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Lee's Summit (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.27/hr | Actual |
| 2020 | $47.41/hr | Actual |
| 2021 | $45.22/hr | Actual |
| 2022 | $48.67/hr | Actual |
| 2023 | $51.24/hr | Actual |
| 2024 | $50.38/hr | Actual |
| 2025 | $55.51/hr | Actual |
| 2026(current) | $57.29/hr | Estimated |
| 2027 | $59.12/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Lee's Summit grew 20.0% from $46.27/hr (2019) to $55.51/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.12/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 Lee's Summit 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 Lee's Summit
Considering the per diem actuary pay in Lee's Summit, part-time actuaries working 24 hours a week can expect to earn about $71,979 annually, which is substantially less than their full-time counterparts. While junior actuaries typically find it rare to engage in 1099 or per-diem work early in their careers, more seasoned professionals with credentials like FSA or FCAS can command significantly higher rates for specialized consulting or expert witness testimony, sometimes billing up to $800 per hour. The diversity of employers in the region, from life and health insurance companies to property and casualty insurers, affects pay scales and demands varied skill sets. Actuaries must weigh the benefits offered by full-time positions, like health insurance, against the higher hourly pay available through consulting roles. Negotiating hourly arrangements in Lee's Summit requires clear communication of qualifications and the ability to leverage certification status effectively, as experience can translate directly into increased billing rates and more lucrative engagements.
More salary data for Lee's Summit, 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 Lee's Summit. 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 Lee's Summit 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