Actuary Hourly Pay in Raleigh, NC: $70.55 (2026)
Quick Answer:Hourly pay for a actuary working in Raleigh, NC runs $70.55 at the median for 2026 — annualizing to $146,730 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Raleigh's regional price level (BEA RPP 98.2, 2% below national), each hour of work buys what $71.87 nationally would. A 24-hour part-time schedule grosses $88,043 per year.
Official BLS data · View source
In Raleigh, North Carolina, actuaries earn a median hourly rate of $70.55, surpassing the national median of $64.50. This competitive pay structure reflects the region's demand for skilled professionals in various sectors, including life insurance, health care, and consulting. Part-time and per-diem actuaries can capitalize on this rate, allowing them to balance work with other commitments while still earning a substantial income. For example, those working three days a week (approximately 24 hours) can expect a yearly income that remains quite attractive in comparison to other professions. The hourly pay range for actuaries in Raleigh extends from $35.93 at the entry-level (P10) to $96.17 for top earners (P90), making it a viable career option for a diverse range of professionals in the actuarial field according to estimates based on 2025 BLS data, projected to 2026.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $35.93 | $287.47 |
| Lower Range (P25) | $41.70 | $333.62 |
| Median (P50) | $70.55 | $564.38 |
| Upper Range (P75) | $80.87 | $646.94 |
| Top Earners (P90) | $96.17 | $769.38 |
Estimated Annual Income by Work Schedule in Raleigh
Based on $70.55/hr median hourly rate · 2026 est.
At $70.55/hr, a actuary working full-time (40 hr/wk) in Raleigh, NC can expect to earn approximately $146,739 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $84,657. With a cost-of-living index of 98.16 (below the national average), these earnings stretch further in Raleigh.
Hourly Rate Calculator
Schedule Comparison in Raleigh
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,821.90 | $12,228 | $146,739 |
| Part-Time (24 hrs) | $1,693.14 | $7,337 | $88,043 |
| Per Diem (16 hrs) | $1,128.76 | $4,891 | $58,696 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Raleigh) | $70.55 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Raleigh, NC earn a median of $146,730 per year (2026 est.), which is 9.37% higher than the national median of $134,160 and 16.80% above the North Carolina state average of $125,625.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $70.55/hr = $88,043/year (purchasing power: $89,696).
Working 40h/week (full-time) = $146,739/year (purchasing power: $149,494).
CoL index: 98.157 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$47.38/hr
2025 BLS Actual
$68.36/hr
2026 Current Est.
$70.55/hr
2019–2027 Growth
+53.7%
Hourly Rate Trajectory for Actuaries in Raleigh (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $47.38/hr | Actual |
| 2020 | $46.75/hr | Actual |
| 2021 | $38.92/hr | Actual |
| 2022 | $54.09/hr | Actual |
| 2023 | $52.35/hr | Actual |
| 2024 | $65.47/hr | Actual |
| 2025 | $68.36/hr | Actual |
| 2026(current) | $70.55/hr | Estimated |
| 2027 | $72.81/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Raleigh grew 44.3% from $47.38/hr (2019) to $68.36/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $72.81/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 Raleigh 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 Raleigh
Examining part-time and per-diem opportunities in the actuarial landscape of Raleigh, individuals working just three days a week can take home approximately $87,000 annually, a solid figure that reflects the strong earning potential within the profession without necessitating full-time hours. While junior actuaries may find fewer per-diem roles available, the demand for experienced professionals creates lucrative billing opportunities in consulting engagements, where prices can range from $250 to $500 per hour for FSA/FCAS-level actuaries. Furthermore, specialized tasks such as expert witness testimony can command rates of $400 to $800 per hour, showcasing the financial advantages of advanced credentials. Employers in Raleigh, which include major life insurance companies and consulting firms, may offer varying rates depending on the nature of the work and benefits provided. For actuaries considering their hourly options, negotiating for higher pay can sometimes mean trading off benefits, particularly in firms that place greater emphasis on health insurance perks versus those that provide market rates without the added employee benefits, making it crucial to assess personal career goals and work-life priorities carefully.
More salary data for Raleigh, NC:
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 Raleigh. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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