Actuary Hourly Pay in Westerville, OH: $57.72 (2026)
Quick Answer:Hourly pay for a actuary working in Westerville, OH runs $57.72 at the median for 2026 — annualizing to $120,067 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 15-2011). Weighted against Westerville's regional price level (BEA RPP 90.7, 9% below national), each hour of work buys what $63.64 nationally would. A 24-hour part-time schedule grosses $72,034 per year.
Based on BLS state-level estimates · View source
In Westerville, Ohio, the actuary hourly pay sits at a median of $57.72, which is noticeably lower than the national median of $64.50. This hourly rate reflects nuances in part-time employment, where professionals working an average of three days a week could feasibly earn approximately $27,000 for the year based on a 24-hour workweek. Actuaries often find themselves operating in settings such as insurance company actuarial pricing departments and consulting firm client engagements, where the hourly compensation can vary significantly. Entry-level positions offer rates starting around $35.45, while experienced actuaries can command as much as $89.47, suggesting a diverse landscape of compensation opportunities depending on expertise and employer type. This hourly compensation structure provides flexibility for actuaries considering both part-time and per-diem arrangements in Westerville.
About the Westerville Market
Salary estimated from Ohio average ($120,000) adjusted for local cost of living.
Actuary Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $35.45 | $283.59 |
| Lower Range (P25) | $43.21 | $345.68 |
| Median (P50) | $57.72 | $461.76 |
| Upper Range (P75) | $73.56 | $588.49 |
| Top Earners (P90) | $89.47 | $715.80 |
Estimated Annual Income by Work Schedule in Westerville
Based on $57.72/hr median hourly rate · 2026 est.
At $57.72/hr, a actuary working full-time (40 hr/wk) in Westerville, OH can expect to earn approximately $120,057 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,264. With a cost-of-living index of 90.70 (below the national average), these earnings stretch further in Westerville.
Hourly Rate Calculator
Schedule Comparison in Westerville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,308.79 | $10,005 | $120,057 |
| Part-Time (24 hrs) | $1,385.27 | $6,003 | $72,034 |
| Per Diem (16 hrs) | $923.52 | $4,002 | $48,023 |
Compare ASA, FSA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Actuary (Westerville) | $57.72 |
| Statistician (National Avg) | $51.53 |
| Mathematician (National Avg) | $56.16 |
| Financial Analyst (National Avg) | $47.61 |
| Data Scientist (National Avg) | $54.40 |
Actuarys in Westerville, OH earn a median of $120,067 per year (2026 est.), which is 10.50% lower than the national median of $134,160 and 1.30% below the Ohio state average of $121,648.
Actuary Hourly Pay vs. Cost of Living
Working 24h/week at $57.72/hr = $72,034/year (purchasing power: $79,420).
Working 40h/week (full-time) = $120,057/year (purchasing power: $132,367).
CoL index: 90.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$46.62/hr
2025 BLS Actual
$55.93/hr
2026 Current Est.
$57.72/hr
2019–2027 Growth
+27.8%
Hourly Rate Trajectory for Actuaries in Westerville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.20% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.62/hr | Actual |
| 2020 | $47.77/hr | Actual |
| 2021 | $45.56/hr | Actual |
| 2022 | $49.04/hr | Actual |
| 2023 | $51.63/hr | Actual |
| 2024 | $51.63/hr | Actual |
| 2025 | $55.93/hr | Actual |
| 2026(current) | $57.72/hr | Estimated |
| 2027 | $59.57/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for actuaries in Westerville grew 20.0% from $46.62/hr (2019) to $55.93/hr (2025). At a 3.20% projected growth rate, hourly pay is expected to reach $59.57/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 Westerville 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 Westerville
When it comes to part-time opportunities, working as an actuary just three days a week may yield less than half of what full-time colleagues earn, highlighting the financial trade-offs involved in part-time work. Per-diem and consulting positions continue to evolve in Westerville, yet junior actuaries typically do not engage in these pay structures until they progress in their careers. For those who achieve Fellowship status, hourly consulting rates can rise dramatically, with seasoned professionals billing from $250 to $500 per hour for specialized engagements, and expert witnesses charging between $400 and $800 per hour in litigation cases. The type of employer can also affect hourly pay; life insurance companies tend to offer benefits that the average consulting firm may not provide, leading some actuaries to accept lower hourly compensation in exchange for job security and health insurance. Negotiating these factors effectively requires understanding the unique dynamics of the Westerville job market and emphasizing skill sets that align with demand, ultimately shaping financial outcomes for actuaries in this region.
More salary data for Westerville, 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 Westerville. 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 Westerville 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