Actuary Hourly Pay in Cincinnati, OH: $53.96 (2026)
Quick Answer:Hourly pay for a actuary working in Cincinnati, OH runs $53.96 at the median for 2026 — annualizing to $112,251 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Cincinnati's regional price level (BEA RPP 95.4, 5% below national), each hour of work buys what $56.58 nationally would. A 24-hour part-time schedule grosses $67,346 per year.
Official BLS data · View source
In Cincinnati, Ohio, the actuary hourly pay is projected to be $53.96 in 2026, which is somewhat lower than the national median of $64.50. This hourly rate provides a solid income for part-time actuaries, especially those working three days a week. Such a schedule could yield around $42,000 annually, significantly appealing for those balancing work with personal commitments. As a per diem worker, professionals in actuarial roles might find opportunities in various settings, including consulting firms and insurance companies, where they can earn between $40.25 and $86.92 per hour. These numbers reflect the diverse nature of the profession, which accommodates entry-level actuaries on the lower end of the scale and seasoned professionals commanding higher rates, all according to the most current estimates from the Bureau of Labor Statistics (BLS), based on 2025 data projected to 2026.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $40.25 | $321.98 |
| Lower Range (P25) | $47.08 | $376.64 |
| Median (P50) | $53.96 | $431.71 |
| Upper Range (P75) | $76.39 | $611.11 |
| Top Earners (P90) | $86.92 | $695.32 |
Estimated Annual Income by Work Schedule in Cincinnati
Based on $53.96/hr median hourly rate · 2026 est.
At $53.96/hr, a actuary working full-time (40 hr/wk) in Cincinnati, OH can expect to earn approximately $112,244 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,756. With a cost-of-living index of 95.37 (below the national average), these earnings stretch further in Cincinnati.
Hourly Rate Calculator
Schedule Comparison in Cincinnati
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,158.53 | $9,354 | $112,244 |
| Part-Time (24 hrs) | $1,295.12 | $5,612 | $67,346 |
| Per Diem (16 hrs) | $863.41 | $3,741 | $44,897 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Cincinnati) | $53.96 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Cincinnati, OH earn a median of $112,251 per year (2026 est.), which is 16.33% lower than the national median of $134,160 and 7.80% below the Ohio state average of $121,747.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $53.96/hr = $67,346/year (purchasing power: $70,616).
Working 40h/week (full-time) = $112,244/year (purchasing power: $117,693).
CoL index: 95.37 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.16/hr
2025 BLS Actual
$52.29/hr
2026 Current Est.
$53.96/hr
2019–2027 Growth
+13.3%
Hourly Rate Trajectory for Actuaries in Cincinnati (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.16/hr | Actual |
| 2020 | $41.76/hr | Actual |
| 2021 | $47.88/hr | Actual |
| 2022 | $48.18/hr | Actual |
| 2023 | $48.45/hr | Actual |
| 2024 | $50.04/hr | Actual |
| 2025 | $52.29/hr | Actual |
| 2026(current) | $53.96/hr | Estimated |
| 2027 | $55.69/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Cincinnati grew 6.4% from $49.16/hr (2019) to $52.29/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $55.69/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 Cincinnati 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 Cincinnati
When considering part-time arrangements, actuaries working 24 hours a week can bring home an annual income that contrasts sharply with full-time positions but often allows for greater work-life balance. Per diem actuary pay in Cincinnati typically revolves around project-based work that varies widely depending on expertise and employer type. For example, professionals with the Fellow of the Society of Actuaries (FSA) or Fellow of the Casualty Actuarial Society (FCAS) designation can bill clients at rates between $250 and $500 per hour for consulting engagements. Employers such as life insurance and reinsurance firms may offer more stable, albeit lower, hourly rates with added benefits, while health insurance companies might present competitive pay alongside attractive health benefits. Ultimately, actuaries must weigh the benefits of salary versus benefits carefully, especially when negotiating hourly pay. Factors through the SOA and CAS credentials often dictate compensation trajectories, with passed exams leading to significant pay increases.
More salary data for Cincinnati, OH:
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 Cincinnati. 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